Active Jobs at Absa Group Limited (Absa)

Job Summary

• Optimise the profit and economic value of portfolios of Growth Business key account clients requiring medium to high complexity commercial banking requirements by focusing: 
• origination efforts to quire new clients;
• cross-sell to existing client base; 
• coverage efforts to service clients in accordance to the segment CVP

Job Description

• Drive Financial Targets: Maintain primary ownership of a portfolio of Growth Account clients, differentiated by the level of complexity of the client base
• Relationship and Service Management: Actively develop strong client relationships. Conduct regular client visits in accordance with the Commercial Growth Account Value Proposition and initiate changes to ABB Product by providing input into product development to better service our clients
• Manage Risk Assessment: Adhere to the bank's policies and procedures and ensure compliance. Take ultimate ownership of the portfolio's risk management by ensuring a good understanding of both the Bank's and the clients regulatory and compliance environments.
• Collaboration: Constantly seek to improve ways of working by challenging the status quo and supporting an empowering climate within the team, sharing knowledge, experience, best practice and providing constructive feedback as required.

Education

• Bachelors Degree and Professional Qualifications: Business, Commerce and Management Studies (Required)

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Job Summary

• To support the credit risk process through carrying out comprehensive and quality credit risk functions within the credit lifecycle to create shared growth within the boundaries of internal policies and external regulations for Premium Business clients

Job Description

• Analysis and Research:  - Conducts analysis and research in areas of specialisation/expertise, leveraging a variety of applicable information's sources; - Analyses information, generates and publishes written reports summarising findings and prepares recommendations within area of expertise; - Quality assures analysis and recommendations | Stakeholder Management::  - Establish relationships with key internal and external stakeholders to source information and make recommendations to; - Build relationships with stakeholders spanning the enterprise in order to collaborate and share findings and recommendations. | Control:  : Accountable for complying with all risk management, regulatory and  compliance frameworks within area of accountability; Where applicable ensures that colleagues managed are aware of and comply with all compliance requirements. | :  | :  | :  | :  | :

Education

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

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Job Summary

• To ensure that the Payments business area remains aligned to the dynamic changing context for payments in Africa and Globally and operates effectively to exceed customer and market requirements, support profitability as well as deliver the ambitious growth aspirations of RBB ARO. To translate the strategy into initiatives ensuring execution and delivery of the agreed capabilities and associated targets by partnering with country teams.

Job Description

Commercial Management

• Accountable for managing the commercial performance (P&L) and associated Key Value Drivers (KVDs) of the product across the product lifecycle in support of the business's high-level financial ambitions and Balance Sheet shape.

Payments Strategy

• Monitor global and local market trends finding new ways of developing and implementing new payments products and services. Continuously monitor market trends to identify opportunities and enhanced performance. Coordinate the actions or approval of the payments strategy to ensure alignment to policy or strategic direction changes. This should include providing knowledgeable review and recommendations for intended policy shifts ensuring that the context, analysis, and the views of the respective countries are collated and prioritised in a concise manner into the payments strategy for ARO. Translate the strategy into initiatives and projects to ensure execution and delivery of the agreed targets and that continued focus is maintained on the key deliverables.

Product Management

• Delivers a compelling and insights led Product Proposition offering that aligns to and enables the business and customer strategies. Manage the Payments product life cycle to ensure that the product mix to customers is optimal. Manage cost and revenue on a monthly basis to ensure targets as per the income statement are achieved.

Product Infrastructure

• Accountable for the entire end-to-end infrastructure (People, Process and Technology) on which the payments product runs to support the target customer experience whilst ensuring that the product remains commercially viable. Ensure efficient processes are available so that the product (delivery and support) and risk are managed. Establish and manage SLAs' with suppliers and service providers to ensure efficient and effective Payment functionality

People and Culture

• Builds and sustains a culture that aligns to the business's colleague experience to deliver the target customer experience and financial performance. This should also include continuous development of the ARO centre and country teams to improve the overall capability.

Control and Risk 

• Adhere to Country Payment Systems Regulations to participate in the payments market and review the risk and compliance profiles of the business unit on a regular basis. Identify and ensure representation at appropriate forums such as Payment Forums, Regulatory Forums, Risk Forums and Fraud Forums etc to represent Absa AROs interest, influence regulations and market changes and stay abreast of the changes. Ensure compliance by countries to all internal policies related to products/ payments such as NAPA, continuously monitor the potential impact of new procedures to always ensure adherence and avoid penalties. Managing risk potential and or actual losses to minimise fraud through other means such as technology, changes to processes, product enhancement and customer education.

Change Execution

• Utilising deep specialist Payment skills, lead work streams on key initiatives to ensure that these are managed and delivered on time.   

Education

• Bachelor's Degree: Accounting

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Job Summary

• Seasoned Investment Banker to provide strategic financial advisory and transaction execution services to clients navigating distressed and special situations for the Corporate & Investment Bank (Investment Banking Division including Commercial Property Finance, Markets and Transactional Banking). 
• The role is suited to a seasoned Investment Banker with specialist knowledge in the management of CIB clients facing financial distress and with experience of distressed asset management strategies and restructuring, coupled with excellent verbal reasoning and negotiation skills, to effectively navigate situations and operate under pressure. Candidates with experience in distress and or corporate finance, M&A and or debt advisory experience, holding a CA/LLB or similar with a minimum of 8 years relevant experience. Depth of knowledge of CIB lending, trade products, corporate finance and capital raising requirements (debt and equity) is essential.

Job Description

• This role involves working closely with distressed companies, their Board’s and Executive Committees, creditors, investors, and other stakeholders to formulate and execute restructuring and turnaround strategies. The Specialist Investment Banker is responsible for solutioning, negotiating and delivering complex financial restructures that optimize outcomes for all parties involved while minimizing risk and seeking commercial outcomes to better align the returns with the risk profile.

Education

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

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Job Summary

• Work as part of a DevOps team, apply analysis & testing tools, frameworks, techniques and practices to elicit, define and organize business requirements into user stories. And following this analysis, work collaboratively within squads during design & delivery activity with a specific focus on testing.

Job Description

• Want to be part of something fresh and exciting? Credit Uncapped is groundbreaking multi-year digital transformation project that is set to revolutionize our credit risk department. Imagine a world where manual processes are a thing of the past, replaced by cutting-edge automation and seamless integration. As a key player in the Credit team, you will be at the forefront of driving efficiency and innovation, making a tangible impact on our operations.
• You'll be working alongside talented team who are dedicated to supporting each other and achieving common goals. This is your chance to join an exhilarating journey, where your technical expertise will help shape the future of our organization and deliver exceptional value to our stakeholders.
• By leveraging the latest technologies and best practices, you will play a crucial role in automating workflows, integrating systems, enhancing overall efficiency and transferring this project into a business-as-usual state where our stakeholders can start realising benefits from this digital transformation journey. Don't miss out on this exciting opportunity to be a part of something truly transformative and to make a real difference in the world of financial technology!

Key Critical Skills required:

Qualifications & Experience:

• Tertiary degree i.e. Bachelor of Business Science (BBusSc) or Bachelor of Commerce (BCom) or Bachelor of Technology (BTech) or Bachelor of Arts (BA) or Bachelor of Science (BSc) with major in Information Systems or Informatics or Computer Science or Statistics, Data Science, etc.
• Minimum 2 years experience in software testing
• Exposure to QA processes and methodologies
• Basic understanding of financial services and credit risk management principles is advantageous.

Automated Testing:

• Experience with automated testing tools and frameworks (e.g., Selenium, TestNG).
• Ability to write and execute automated test scripts.
• Understanding of continuous integration/continuous deployment (CI/CD) pipelines.

Attention to Detail:

• High level of accuracy in identifying and documenting defects.
• Strong organizational skills to manage multiple testing tasks and projects.

Analytical Skills:

• Ability to analyze requirements and design test cases accordingly.
• Strong problem-solving skills to identify and address issues effectively.

Technical Proficiency:

• Basic understanding of software development lifecycle and testing methodologies.
• Familiarity with testing tools and frameworks (e.g., Selenium, JUnit).

Communication Skills:

• Excellent verbal and written communication skills.
• Ability to convey testing results and issues to developers and stakeholders clearly.

Team Collaboration:

• Ability to work effectively in a team environment.
• Strong interpersonal skills to build relationships with developers and other team members.

Adaptability:

• Flexibility to adapt to changing project requirements and priorities.
• Willingness to learn new testing tools and technologies.

Agile Methodologies:

• Understanding of Agile principles and practices.
• Experience working in Agile teams, participating in Scrum ceremonies (e.g., daily stand-ups, sprint planning, retrospectives).

Key Accountabilities:

• Analysis (including Business Case)
• Solution Design (within DevOps Context)
• Solution Delivery & Testing (manual)

Education

• Bachelor's Degree: Information Technology

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Job Summary

• To grow the Absa customer base through acquisition and increased customer profitability of the identified portfolio. Gain new customers and increase port folios of current customers through proactive attraction, cross selling, retention and contributing towards the achievement of the branch’s sales targets.

Job Description

• Financial Goals Business Risk Customer Satisfaction Colleague Support

Education

• Further Education and Training Certificate (FETC)

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Job Summary

• To follow the six steps of financial planning in executing the role of a FAIS licensed financial adviser. A professional introduction must be made to introduce the adviser and the services offered by the adviser. Upon client approval the adviser may conduct a Financial Needs Analysis (FNA) in the disciplines of Investment, Life Insurance and Estate planning. Based on the concluded FNA to make recommendations to address single or multiple needs identified on behalf of the client. Advice recommendations will must be presented under the license categories for which the adviser is accredited Absa approved product(s) that are deemed will meet the needs of the client. On client acceptance of all or part of the advice, the adviser is required to implement the accepted advice through Absa’s new business processes.
• The adviser must conduct regular reviews of the client needs to assess continued suitability of implemented solutions. In these reviews, new needs may be addressed and changes to existing plans be proposed to ensure continued solutioning of client needs. Adviser must continue to ensure ongoing Fit and Proper status to enable them to offer services under an Absa advice license.

Job Description

Key Accountabilities:

•  Accountability: To establish and maintain a professional relationship with all stakeholders (Client, Bank personnel, product providers and Adviser Support staff) Participate in reciprocal leads activities and sales/pipeline meetings to identify opportunities for new or repeat business, and fully utilising Absa’s bancassurance structure. 
• Assess client’s needs through use of recommended needs analysis tools, ensuring that the client is aware of the full value proposition offered by AIFA.
• Prepare recommendation and quote for appropriate risk and investment solutions based on the client’s individual needs and profile.
• Present recommendation to clients, ensuring that all FAIS regulations are followed regarding advice given.
• Follow all the steps in the designated client engagement process as specified by Absa Advisers.
• Provide regular feedback to the Regional Manager on actions taken to progress the lead to business. Network, on an ongoing basis, with all stakeholders in Everyday Banking (PGM’s and Regional Managers) and elsewhere by attending their meetings and social gatherings to position the Absa Advisers' value proposition to the Bank and to the clients
• Accountability: Meet sales and/or growth targets Do activity planning by identifying the clients to be approached/contacted during a particular period in conjunction with Everyday Advice Executive.
• Using the leads information provided by the source and or Regional Manager listings, as well as leads sourced through own prospecting activities and determine the client's financial needs. Make exclusive use of Absa’s Financial Needs Analysis tool (Avalon from Aug 2024 onwards) to conduct a comprehensive Financial Needs Analysis for the client.
• Obtain the client's consent to access his/her existing policy information by getting him/her to sign the relevant documents to get a comprehensive view of the client's financial needs.
• Discuss various possible solutions and options available with the client and thereafter recommend the most appropriate products and or solution(s) to address financial needs.
• Generate and discuss a formal recommendation including product quote(s) for the client. On acceptance of part or all the advice recommendations, complete the necessary product application forms and ensure that the client signs the forms to indicate his/her consent to engage in a transaction(s).
• Gather, generate, and complete all the necessary compliance documentation (e.g., Client Advice Record, copy of ID, Financial Needs Analysis, FICA).
• Submit the proposal forms to the relevant product providers for processing. Ensure that the issued policy aligns to the recommended product.
• Review the client's portfolio at a minimum of once a year and contact the client based on the adviser and client agreed contact strategy to maintain a healthy client relationship.
• Provide a report back to the Regional Manager and Everyday Banking stakeholders on the strike rate (i.e., the number of leads provided that were converted to business) where applicable.
• Seek business opportunities from external sources as necessary to grow the book of business and reciprocate leads to Regional Managers and PGM’s.

Accountability: Manage own commission earnings 

• Capture the correct Policy Relevant Information (PRI) number on the Commission system.
• On a monthly basis, check the accuracy of the commission statements received from the Broker Commissions department.  Verify that all the PRI numbers reconcile to the commission paid and reflected on the statements Keep the client database up to date by ensuring that new clients are added to the database.
• Follow up on unpaid premiums and lapses by contacting the clients to establish the reasons for the problems Manage the suspense account timeously by clearing it on the system at month end.

Accountability: Practice Management

• Ensure that staff members (Adviser Assistants) have a clear understanding of their roles and responsibilities within the adviser practice.
• Arrange for staff members to receive the relevant training (Absa programs for the Interns) e.g., systems training, product training and operational training.
• Provide coaching and mentoring to assistant(s) with regards to facilitate knowledge and skills development.
• Participate performance development (PD) discussions as required by the Absa performance management standards.
• Take the necessary corrective actions in cases of underperformance in consultation with the Regional Manager. Implement controls with regards to compliant record keeping in accordance with minimum Absa business standards (i.e. FAIS, FICA, FSB and) Liaise with  Provincial Operations Office) with regards to maintenance of systems and equipment and provision of other services
• Complete all the required compliance exams in the specified timeframes (e.g. Anti-Money Laundering, Sanctions, BCM, Basic Financial Crime Concepts). Remain fit and proper as required for FAIS flagged roles.
• Provide monthly feedback to the branch, and Business Bank, regarding non-interest income (seat costs) and cross-selling opportunities
• Segment the client base according to profile, income potential and commission income.
• Engage with business development strategies with the support of the Regional Manager and our practice management subject matter experts to maximise the sustainability of the adviser practice

Accountability: Personal Development 

• Attend all the required training to attain accreditation to market Absa approved products.
• Attend all the requisite internal training (i.e FAIS-related programs/courses).
• Attain the required FAIS credits in order to attain Fit and Proper status
• Ensure that Fit and Proper status is maintained (honesty, integrity, financial solvency)

Education

• Bachelor`s Degrees and Advanced Diplomas: Accounting, National Senior Certificate/ Matric (Grade 12)

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Job Summary

• To identify the long term (life) risk and give advice to clients on their life assurance needs using the limited architecture framework. To provide solutions for the client's long term insurance and financial planning needs by regularly reviewing the client's portfolio in order to build a sustainable broker practice.

Job Description

• FAIS Fit and Proper Requirements Applicable to this Role (Advice and Intermediary Service):
• FSCA-Approved Qualification
• Regulatory Exam for Representatives (RE5)
• Experience As Per the FAIS Act
• Product Specific Training once Onboarded
• Class Of Business Training
• Continuous Professional Development
• Attest To Honesty, Integrity, and Good Standing

Education

• Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)

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Job Summary

• Provide specialist advise and support for day-to-day work, in order to execute predefined objectives as per agreed standard operating procedures (SOPs).

Job Description

• Source Utilisation: Obtain walk in client or data leads from the Bank staff in the branches. | Customer Experience: To provide service excellence and achieve customer satisfaction. | Risk and Control: Ensure that processes, control requirements and risk management frameworks that impact the area are documented and understood. | Manage Sales and Growth Targets: Capture the correct Policy Relevant Information (PRI) number on the EBankpac system on a monthly basis and check the accuracy of the commission statements received from the AIFA Commissions department. Verify that all the PRI numbers reconcile to the commission paid and reflected on the statements.
• FAIS Fit and Proper Requirements Applicable to this Role (Advice and Intermediary Service):
• FSCA-Approved Qualification
• Regulatory Exam for Representatives (RE5)
• Experience As Per the FAIS Act
• Product Specific Training once Onboarded
• Class Of Business Training
• Continuous Professional Development
• Attest To Honesty, Integrity, and Good Standing

Education

• Bachelor`s Degrees and Advanced Diplomas: Accounting, National Senior Certificate/ Matric (Grade 12)

go to method of application »

Job Summary

• Optimise the profit and economic value of portfolios of Public Sector Business key account clients requiring high complexity commercial banking requirements by focusing: 
• origination efforts to acquire new clients; 
• cross-sell to existing client base; 
• coverage efforts to service clients in accordance to the segment CVP

Job Description

• Drive Financial Targets: Maintain primary ownership of a portfolio of Growth Account clients, differentiated by the level of complexity of the client base.
• Relationship and Service Management: Actively develop strong client relationships. Conduct regular client visits in accordance with the Commercial Growth Account Value Proposition and initiate changes to ABB Product by providing input into product development to better service our clients.
• Manage Risk Assessment: Adhere to the bank's policies and procedures and ensure compliance. Take ultimate ownership of the portfolio's risk management by ensuring a good understanding of both the Bank's and the clients regulatory and compliance environments.
• Collaboration: Constantly seek to improve ways of working by challenging the status quo and supporting an empowering climate within the team, sharing knowledge, experience, best practice and providing constructive feedback as required.

Education

• National Diplomas and Advanced Certificates: Business, Commerce and Management Studies