Specialist - Credit Analyst (Capital management) at Absa Group Limited (Absa)

Job Summary

• To extract from Compass, investigate and report the capital (Risk Weighted Assets and Economic Capital) of the retail products within Everyday Banking. This includes presenting the monthly movements to various forums, analyzing variances against plan and determining the impact of business initiatives on the capital.
• The role also requires forecasting and planning, with thorough explanation of the various drivers of capital and returns metrics to stakeholders.

Job Description

Reporting of Financial resource consumption

• Reporting of monthly capital movements, providing rationale for variances compared against the plan at all Everyday banking performance quality review forums
• Reporting of monthly capital movements, providing rationale for variances compared against the plan at the WFS treasury meeting
• Report Everyday banking Financial Resources Management metrics
• Forecasting to provide a forward-looking view of FRM metrics
• Perform regular forecasting for capital (Risk Weighted Assets and Economic Capital) including RAF, STP and MTP
• Load and extract results from Compass
• Actively take part in Stress Testing exercises by running the central model, reviewing and challenging model outputs

Risk and finance analytics

• Calculate and report on the Basel IV implementation impact
• Calculate and report the Model implementation impacts
• Track earnings volatility and understand early warning triggers
• Learn to work with Portfolio studio when the personal loans pilot is up and running to analyze economic capital movements

Stakeholder Management

• Liaise with various internal stakeholders (e.g., Treasury, Product Head, BU Finance) to convey capital and return metrics, impacts of model changes and emerging risks, etc.

Education

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)