Current Openings at Absa Group Limited (Absa)

Job Summary

• To provide specialist advice and support in area of specialisation enabling the provision of sound operations and administration duties.

Job Description

• Specialist expertise and support: Provide specialist operations expertise, support and administrative duties to address operational issues in the business |
• Change programmes: Play the role of SME on operational change and efficiency programmes |
• Continuous improvement: Continuously identify and give input on ways to improve operations in the business |
• Compliance and Risk Management: Fulfil all activities in adherence to relevant control and compliance requirements, and quality standards |
• Administration: Ensure the effective fulfilment of all required administrative duties, including tracking and reporting | : | : | :

Education

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

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Job Summary

• Risk Management: Providing Subject Matter Expertise to Risk types.
• Stakeholder Management: Build and Maintain effective Relationships with relevant stakeholders.
• Risk Reporting: Identify, assess and Report key risks arising from significant events, investigations, audit and control issues.
• Risk and Control: Adherence to Policies, Procedures and Regulations.
• Valuation expertise: To support and ensure that the valuation function and needs of Business Banking Services are met in accordance with CPF Policy and good valuation practice.
• Regional Valuations Manager

Job Description

Accountabilities:

• Management of valuation process and standards.
• Manage team as regional manager as per team structure
• Provide managerial support where required
• Provide valuation expertise support to various stakeholders including support with credit related matters.
• Manage panel in terms of methodology and valuation outcomes.
• Ensure valuations are conducted in line with International Valuation Standards (IVS).
• Keep abreast all market & economy.
• Manage service provider panel to ensure they perform within SLA.
• Keep abreast of valuation trends and internal requirements.
• Make sure that transactions comply in all respects with all relevant Absa's policies, standards and procedures as well as legal and regulatory requirements.
• Keep abreast markets & economy.
• Provide monthly and Quarterly MI.
• Perform all other duties as reasonably assigned

Education and experience:

• National Diploma in Real Estate and/or BSc in Propety Studies
• Professional valuer registered with SACPVP
• 8 to 10 years experience post registration as a professional valuer

Education

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

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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.

Important:

• Agric experience / qualification required

Education

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

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Job Summary

• CIB Structured Commodity Finance (SCF) is currently looking for a Deal Manager to perform the Deal Management function for Structured Trade & Commodity Finance – specifically for the SCF Team which specializes in Agricultural Commodities.  This function involves transaction validation “fit for processing”, reconciliation, risk monitoring together with ongoing life cycle management.  This role will manage the interface front office and all internal infrastructure partners to ensure a smooth client experience during the life cycle of the deal.  The deal manager will be required to assist with accounting and reporting of products together with substantiation.

Job Description

Key Accountabilities

• CP Management on structured deals- Ensure all Standard and Non Standard CP’s are clearly documented and available to view for every transaction. Due dates for each CP has to be documented and tracked to ensure adherence to transaction parameters, escalate and document any missed, delayed or breached CP’s on a transaction level.
• Transaction monitoring - proactively manage milestones and ensure applicable trackers/ check lists are adhered to in line with transaction requirements
• Perform fit for processing checks -  ensuring all information is accurate and meets the required standards for all respective trade transactions
• Manage and monitor all third party service providers including but not limited to (Collateral Managers, storers and traders/agents) with each drawdown and due dates.
• Stock, futures/forward position need to be well management, monitored with each drawdown and monthly.
• Client Requests: Drawdowns – preparation of finance calculations in line with product approval, intake of stock/confirmation, execute funding within SLA, stock releases, buyback requests, monitoring and capturing of deposits, stock swaps, deliveries on the JSE, and any other related requirements on execution and management of deals life cycle.
• Management of limits: Various limits to be managed as per product/credit approval
• Have a good understanding of the underlying commodity (market) that is being dealt with on each transaction before transaction is implemented and interlocking with the correct stakeholders to close any gaps on this understanding before deal is implemented.
• Front office support – participate in implementation as support to the front office.  Input and support will be required to ensure new deals are operationally possible.
• Control Environment – ensure all deals comply with regulatory and legal requirements. Take responsibility for deal to ensure current controls and procedures are observed.  Continuously consider risk mitigation and operational effectiveness, with monthly KRI’s reporting and providing feedback where applicable.  Log all risk and loss events as they occur as a result of fraud or error highlighted in the department.  First escalate to line manager and then contact ORM (Operational Risk Management) – must be able to track route cause and solution for preventative control to mitigate risk.
• Client focus – where required liaise with clients to resolve queries working jointly with various stakeholders with client visits on a case by case basis.
• Accounting – review of stock, VAT, Debtors, Financial reconciliations, daily, weekly, month end procedures, consolidation, preparation of information and review deal accuracy. Ensure that all exposures are accurately recorded on the banks systems. Review and ensure interest is passed on the correct cost centres and amounts on a monthly basis.  Ensure all items are closed out as required and ensuring close attention is paid to risk mitigation activities and red flags while doing recons.
• Adhoc reporting – prepare reports and provide relevant information as and when requested by stakeholders. Assist with audit requests.
• Business Continuity Management – being able to assist and work in any one of the other areas within the SCF department if required for business continuity. (client service and recon) This will be a directive from the line manager or team leaders as and when required
• Have to participate and enable implement/monitor change/projects in the bigger team.
• Innovation – continuously investigate new and better ways to enhance the operating environment by measuring the effectiveness of all procedures.
• Comply with prescribed policies, processes, regulatory, governance and procedures to prevent any financial loss
• Proactively pick up, solution and ensure resolve of risks and issues to the end. Irrespective which department is responsible, ensure items are resolved and closed out

Accountability: Interaction with Key Stakeholders

• Partnership with various areas across Absa in order to obtain and understanding of the impact these areas have on Middle Office as well as providing both formal reporting as well as ad hoc query resolutions.
• Accountability: Projects and Change Management
• Identify and implement improvements to new and/or existing products or service designs that enhance client/stakeholder outcomes.
• System testing as required by IT specialist.
• Proactively look for ways to increase use of automated controls and create a balance between preventative and detective controls.

Education and Experience Required

• Bachelor Degree in Commerce/Relevant Diploma with 4-6 years experience in Agricultural Commodities
• Considered an advantage: 
• Applicable Global Trade Qualifications Started/Completed
• Structured Deal Management experience
• Agricultural Trade, Finance and Logistics Management (Trading companies or similar Banking services/products – Safex/Milldoor/Warfin)

Knowledge & Skills

• Strong accounting skills
• Acute product knowledge in Structured Trade & Commodity Finance
• Understanding of deal flow processes and rationale behind the procedures
• Understanding of Agricultural Markets and Derivatives
• Business acumen/MS office proficiency intermediate level
• Performance orientated and client service driven
• Good interpersonal and team-working skills and the ability to communicate at all levels
• The ability to work in a pressured and unstructured environment and to cope with the demands of working to tight deadlines
• Maturity – able to deal with stakeholders at all levels
• Report writing and presentation skills

Competencies: (Maximum of 8 competencies)

• Deciding and initiating action
• Learning and researching
• Entrepreneurial and commercial thinking
• Relating and Networking
• Adapting and responding to change
• Applying expertise and Technology
• Time management & deadline driven
• Achieving personal work goals and objectives

Education

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

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Job Summary

• We are seeking an experienced Implementation Manager to lead the day-to-day management of the operations of our Implementations Unit in South Africa. The ideal candidate will ensure maximum and cost-effective contributions to the Bank's revenues from cash management products.

Job Description

Key Responsibilities:

• Work in close coordination with the Head of Cash Management Sales International and align with the overall Group and region to articulate a channel strategy and formulate dynamic plans for implementation.
• Oversee the implementations of banking channels for Wholesale Bank customers, including customized solutions.
• Champion the Group and Regional Business Enablement initiatives in-country, ensuring local action plans are in place to achieve targeted results.
• Ensure the country adopts and follows the Group Business Enablement TOM (Target Operating Model) and enforce key control standards.
• Drive utilization, penetration, and manage the dormancy of all channels.
• Own the overall problem resolution processes to ensure seamless delivery to customers.
• Interface with Local and Regional Product team(s) to ensure that any product gaps that impair implementation of a structured solution are addressed.
• Come join our team and play a crucial role in the success of our Implementations Unit in South Africa. We look forward to receiving your application!
• Send in your CV if you have the above experience and meet the below requirements;
• Bachelor's degree in Business, Finance, or a related field.
• Proven experience in implementation management within the banking or financial services sector.
• Strong understanding of cash management products and banking channels.
• Excellent leadership and project management skills.
• Ability to work effectively with cross-functional teams and senior management.
• Strong analytical and problem-solving abilities.

Education

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

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Job Summary

• In this role you will provide specialist value added service and solutions to customers to meet business growth in Trade Finance & International Banking, by customer acquisition, retention and facilitating internal and external relationships across stakeholder touch points.

Job Description

Your accountabilities will include:

• Identifying and reviewing client needs so as to provide advice and deliver products and services by maintaining a strong relationship with clients and stakeholders.
• Resolving client issues appropriately and escalate those unable to resolve to the respective banker or Regional Sales Manager
• Identifying market and industry trends, by analyzing sector research, economic periodicals and industry journals and advise CIB stakeholders and clients on these.
• Regularly identifying and reviewing client needs so as to provide advice and deliver product and services by maintaining strong relationship with customers and being solution oriented
• Joint client visit with coverage bankers to provide customer solutions, and where necessary attend, client visits alone.
• Acting as an ambassador for ABSA with clients and maintain strong long term relationship by applying formal and informal client relationship management techniques.
• Providing advice in the handling of complex client transactions by providing additional insight, detail and information on clients, where appropriate (examples would include credit arrangements or Excon dispensations)
• Educating, sensitising and providing feedback to internal target market stakeholders regarding the joint responsibility to achieve income objectives.
• Establishing relationships with potential clients and pursue opportunities to expand CIB Trade, International Banking & Working Capital  business for the related segment/sector.
• Contracting new business opportunities by identifying current and new clients for expansion in transaction volumes and value extraction through cross selling of products or services.
• Growing own client portfolio by attracting new clients through participating in promotions, at and sales initiatives in order to achieve and exceed contracted sales targets.
• Negotiating and closing deals with customers to realize set targets.

Please send us your CV if you have:

• B Degree in Banking, Economics and Finance
• Current FAIS Qualifications required with minimum 6 months FAIS experience
• 4 years General Banking experience (advantage) plus 4 years International Banking/Trade Finance/ Working Capital advisory experience.

Education

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

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Job Summary

• The Senior Manager, Business Enablement, provides specialist expertise in the development and implementation of business planning and service delivery strategies. This role focuses on driving business improvement initiatives, optimizing processes, and delivering well-researched insights to guide organizational decision-making. The position also involves managing stakeholder relationships, ensuring alignment between business objectives and operational execution, and leading projects from concept to implementation.

Job Description

Key Responsibilities:

• Strategic Business Support:
• Offer expert advice and support in managing and delivering strategic business initiatives.
• Identify and implement business improvements and efficiencies through market research, competitor analysis, and customer insights.
• Develop business cases and oversee post-implementation tracking of financial and non-financial outcomes.
• Process Improvement and Innovation:
• Analyze and assess business processes to identify opportunities for automation and optimization.
• Act as a subject matter expert (SME) to drive continuous process improvements aligned with customer experience goals.
• Collaborate with card issuing, customer experience, and channel teams to execute initiatives effectively.
• Project and Change Management:
• Lead projects from conceptualization to implementation, ensuring alignment with business priorities.
• Oversee the delivery of change programs in accordance with the organization’s change management framework.
• Monitor and report on the progress and success of initiatives, ensuring accountability and delivery of desired outcomes.
• Stakeholder Engagement:
• Manage relationships with internal and external stakeholders to align objectives and expectations.
• Partner with business and product leaders to ensure seamless commercialization, packaging, and execution of products and services.
• Work with external suppliers to deliver enhanced customer and business value.

Education

• Bachelor`s Degrees and Advanced Diplomas: Physical, Mathematical, Computer and Life Sciences (Required)

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Job Summary

• Apply critical thinking & problem solving skills to contribute to all phases of the development lifecycle & quickly produce well-organised, optimized, and documented source code to deliver high-performing, scalable, enterprise-grade applications.

Job Description

• CIB Payments Technology - Core Banking Multi-Currency is looking for a passionate and motivated Specialist Product Engineer.
• We are a legacy application evolving to more modern applications, our area provides forex payments capabilities through various systems and processes.
• As a team we continuously strive to streamline our processes and ways of working, creating room for innovation, a culture of learning, trust and empowerment, recognition, work-life harmony and diversity & inclusion.

Key critical technical requirements:

• Min 3 - 5 years hands on software development experience
• Relevant B-Degree in Computer Science preferred but not essential if minimum requirements of experience & practical application is evident
• Experience working in an agile environment
• Excellent communication, analytical skills and decision making ability in collaborative environments
• Solid understanding of Object Oriented Design and ability to properly apply general design patterns and
• paradigms
• Cloud Infrastructure (AWS, Google Cloud, Azure)

Kubernetes and Containerization (Docker):

• Docker experience for containerization and deployment is crucial as well.

Microservices Architecture:

• Microservices architecture, candidates should have experience designing, building, and deploying microservices. Understanding inter-service communication, service discovery, and deployment pipelines is important. Knowledge of tools for monitoring and maintaining microservices like Prometheus, Grafana, or ELK stack is a plus.

Programming Languages:

• Proficiency in languages commonly used in cloud-native environments, such as Python, Java, or Scala, is essential.

API Development and Integration:

• skilled in creating and consuming RESTful and potentially GraphQL APIs.
• Experience in secure API design, API gateways, and working with authentication methods like OAuth2 is important.
• Event-Driven Architecture:
• Familiarity with event-driven systems and message brokers (e.g., Kafka, RabbitMQ) for handling asynchronous tasks and real-time data processing.
• SQL and Distributed Databases:
• Experience with databases like, MongoDB, SQL to work with large, distributed datasets. Understanding of database scaling, replication, and handling transactions in distributed environments.
• DevOps and CI/CD: Since cloud-native development relies heavily on continuous integration and delivery, developers should have hands-on experience with DevOps practices. Familiarity with CI/CD tools like Jenkins, GitLab CI, or CircleCI to automate the build and deployment pipelines.
• Security and Compliance:
• Security is paramount. Candidates should have knowledge of cloud security best practices, data encryption, identity and access management (IAM), and compliance standards like PCI-DSS and GDPR.

Education

• Bachelor's Degree: Information Technology

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Job Summary

• The Head: Retail Banking ARO, RBB is critical for steering  the Retail business  through the complexities of operating in ARO, ensuring strategic alignment, optimizing resources, and fostering a unified approach to retail excellence across the diverse landscape. This role will own the consolidated P&L for ARO Retail Bank.

Job Description

• Holistic Strategy Implementation working diverse market dynamics
• Operating in ARO entails navigating distinct market conditions, regulatory landscapes, and consumer behaviors. The Retail Head ensures a cohesive retail strategy that is adaptable to each country's unique requirements, fostering a holistic approach to implementation.
• Optimizing ARO Synergies through  fostering collaborative Decision-Making
• In a matrixed organization, decision-making involves multiple stakeholders. The Retail Head serves as the central figure to align and interlock retail strategies, fostering collaboration among country CMCs and ensuring a unified approach towards shared objectives.
• Strategic Alignment Across Countries
• Consistency in Branding and Propositions-  Ensuring consistent customer experiences and product offerings across diverse countries is a significant challenge. The Retail Head plays a pivotal role in aligning branding, customer propositions, and retail initiatives to maintain a cohesive regional identity.
• Performance Accountability
• Unified Performance Metrics-  Standardizing performance metrics and objectives ensures clarity and accountability. The  Retail Head establishes a balanced scorecard, aligning country-specific goals with overall regional targets, facilitating effective performance evaluation and driving consistency in outcomes.
• Change Management Across Countries 
• Ensuring Smooth Transitions- Book of work initiatives impact multiple countries simultaneously and  the Retail Head takes charge of leading and sponsoring change initiatives, ensuring seamless transitions and realizing benefits across the region with minimum disruption.
• Customer-Centric Adaptability
• Tailoring retail strategies to local nuances is crucial. The Retail Head bridges the gap between central strategy and local implementation, leveraging insights from each country to enhance customer-centricity and responsiveness.
• Risk Management and Compliance
• Navigating Diverse Regulations- Operating in 9 countries means dealing with a myriad of regulatory frameworks. The Regional Retail Head ensures all retail activities comply with varying regulations, mitigating risks effectively, and upholding the bank's commitment to ethical practices.

Education

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

go to method of application »

Job Summary

• Optimise the profit and economic value of portfolios of Premium  Business key account clients requiring high complexity commercial banking requirements by focusing: a) origination efforts to quire new clients; b) cross-sell to existing client base; c) 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