Fresh Jobs at Absa Group Limited (Absa)

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 Growth Business clients

Job Description

• Risk Management: To conduct quality credit risk assessments and reviews, Proactively manage credit risks associated with clients, Develop data driven strategies, facilitate the credit sanctioning process to ensure responsible risk decisions
• Data and Systems Management: To produce and analyse relevant management information and insights management
• Governance: Ensure the bank's credit, philosophy and all relevant legislation is adhered to
• Customer Management: Investigate and resolve all escalated customer complaints

Education

• Bachelor`s Degrees and Advanced Diplomas: 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 take full responsibility of selling physical cash solutions offering to potential customers and drive acquisition of new to bank and new to segment Business Banking and Enterprise customers with a primary focus on acquiring new business as well as switching physical cash management solutions from competitor banks.
• To build and maintain professional relationships and drive sales via sales campaigns, leads and cold calling and achieve sales and turnover targets.
• Ensure the execution of the sales capability that delivers excellent customer service and relationship management for our cash customers and internal business partners.

Job Description

• Accountability: Revenue and merchant growth through sales enablement
•  Identify sales opportunities and offer solutions appropriate for customers’ physical cash needs, goal and objectives by using the tools which outlines the products customers currently have and the propensity for new product take-up.
• Adopt a commercial approach to appropriate cost to serve versus value generation.
• Achieve the agreed new business turnover, new business and other revenue targets as agreed.
• Ensure that physical cash deals are profitable to the bank.
• Complete new applications and ensure that process is finalized within the agreed service level turnaround times with a continuous follow up on progress of outcomes. This will also entail the communication of the decision outcome to the customer.
• Implement an individual sales plan that is linked to the regional sales plan and overall Physical Cash Solutions strategy and business plan.
• Participate in the design and execution of the regional sales plan to ensure that targets are delivered on.
• Action all sales leads received from potential customers as well as all internal business partners within the agreed service level agreements and turnaround times.
• Adhere to the laid down sales processes and procedures within the Physical Cash Solution frameworks.
• Negotiate pricing, complete and sign new applicable agreements prior to implementation.
• Execute on the regional sales plans by ensuring an increase in the percentage of customers taking physical cash solutions through the conversion of qualified leads into sales by selling offers, which benefit the customer as well as the organization.
• Achieve sales (new business and existing growth) that will establish Physical Cash Solutions as a center of excellence for Sales execution across the Commercial markets.
• Negotiate pricing and allocate rates within the allocated mandate and refer to the next mandate holder where outside of mandate with the appropriate business motivation.
• Align and implement sales initiatives with the Business Banking units with the aim of implementing a  sales methodology that will lead to cross segment revenue and customer growth.
• Monitor effectiveness of regional sales campaigns to ensure delivery thereof and implement remedial improvements for future campaigns where required.
• Execute on the regional retention plans in alignment with STP objectives and Customer Experience strategy.
• Work closely with internal and external business partners to ensure that our sales execution delivers on best in class products, services and support.
• Accountability: Sales performance and execution
•  Agree relevant sales plans, campaigns and targets with team manager as well as other internal sales units that will achieve the business plan objectives and STP.
• Monitor individual sales performance on a daily/weekly/monthly/quarterly and annual basis and provide feedback to direct manager on how to improve performance.
• Create and execute opportunities and prospects for new business by working through potential customer lists and find new innovative ways of selling other than the normal channels.
• Review national competitor information, market trends on a regular basis and propose solutions to direct manager to ensure that Payment Solutions offers a competitive product or make a recommendation to introduce a better product or offer.
• Check that approved deals have been taken up to increase market penetration in new and existing business. Ascertain reasons for deals not taken up by liaising with the relevant internal business partner (Business Bank, Acquisitions, Enterprise, etc.).
• Understand the relevant product features and benefits to ensure that accurate information and solutions are shared with merchants and internal business partners.
• Analyze sales data (financials) and customer insights to enhance lead to sales generation and feedback responses to internal business partners to assist in adopting a sales methodology that is not silo focused.
• Investigate customer and internal business partner requirements and implement a desired Payment solution footprint that will ensure the achievement of revenue streams.
• Reporting on individual sales performance.
• Accountability: Relationship Management
• Reposition the Physical Cash Solution regional stakeholder management in order to improve key relationships and change the acquisition methodology with internal business partners.
• Establish stakeholder needs and expectations in order to develop effective stakeholder engagement plans.
• Manage the relationship with top physical cash customers in the region and ensures that an effective and efficient relationship model is in place to retain cash customers within the allocated portfolio.
• Update the line manager as well as regional business partners on the sales performance and provide input where required.
• Internal and external customer meeting attendance where required.
• Engage with the RBB business partners with the aim of promoting the value proposition of Physical Cash Solutions.
• Accountability: Customer Experience Execution
• Execute on the business unit's Customer Experience strategy and ensure that customer experience is a valuable differentiator within the value chain.
• Work closely with the direct manager to drive a focused customer experience agenda that will help the region achieve its' sales and after sales support objectives.
• Ensure smooth and effective migration and on-boarding of new merchant relationships.
• Use the feedback of the internal and external customer experience measurements to drive change and improvement that will benefit the sales strategy of the region.
• Adhere to Customer Experience and service quality standards in line with Group Customer Experience strategy.
• Implement improvement initiatives that will ensure high quality standards and customer experience.
• Constantly keep abreast of the latest developments and trends with regard to customer expectations and service.
• Ensure that all allocated complaints have been resolved within the allocated time frames as per the Treating Customers Fairly (TCF) principles.
• Accept primary responsibility for customer satisfaction through excellent service by ensuring that Physical Cash is the market leader in terms of turnaround times, pricing and value for money.
• Accountability: Risk and Compliance Management
• Maximize sustainable risk by adjusted portfolio contribution.
• Work closely with the Risk and Control Assurance team and line manager to determine appropriate RCA's and adherence to RCA requirements.
• Review risk and controls that exist in the region and own the adherence to control assurance.
• Embed legislation affecting Sales and Sales procedures.
• Complete required compliance and other attestations and ensure that impacted team members  complete their attestations and compliance tests.
• Complete attestations to testify to the adequacy of controls in the region on request.

Education and Experience Required

• NQF level 7 qualification (Finance, Sales, Commerce) – preferred

Education

• Bachelors Degree and Professional Qualifications: Business, Commerce and Management Studies (Required
• (3) years' experience within a client facing role (commercial/or financial industry)
• (3) (3) years relationship management experience in a financial services industry –Preferred
• Must have a driver's license. Regular traveling between areas and (extensive travelling)

Knowledge & Skills Required

• Strong Commercial Management
• Sales performance and sales administration
• Customer Relations Management
• Negotiation
• Risk Management
• Retention

Competencies required

• Deciding and initiating action
• Learning and researching
• Entrepreneurial and commercial thinking
• Relating and networking
• Adapting and responding to change
• Persuading and influencing
• Creating and innovating

Education

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

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Job Summary

• To develop tactical strategy and delivery plans, formulate associated practice/s and to ensure operational implementation and adaption i.t.o. compliance management methodology, governance and delivery objectives.

Job Description

Accountability:  Strategic direction & governance

• Provide Assistance in setting the Absa Group Limited data privacy strategy, as well as the privacy risk and control threshold for the Group.
• Assist in driving compliance to all Data privacy laws and regulations and address these requirements early on in new technologies.
• Develop and oversee the application of data privacy policies and standards for Absa Group Limited and maintain these on at least an annual basis.
• Enable compliance with data privacy regulations and foster a data protection culture within the organization.
• Proactively conduct data protection impact assessments for the Group’s products, projects, and processes.  
• Provide SME guidance on Data Privacy Risk management with Business stakeholders and suppliers.
• Partner with Business and Technology to ensure data privacy issues are considered at the outset of new projects, products, and initiatives.
• Monitor the evolving data privacy regulatory landscape to keep visibility on trends, and best practices to adequately address current policies or standards.  
• Inform and monitor the Absa Group Limited Data Privacy risk appetite and changes to it.
• Assist in the development and maintaining of an appropriate operating model to ensure that the data privacy policy requirements are implemented within the Business with adequate oversight from the Group Privacy Office.
• Assess the risk on all requests for dispensations, waivers, and breaches, and escalate to the Principal Risk Officer for consideration.
• Participate in investigations, reviews, approvals, incidents, and exceptions to address matters impacting the risk
• Assist in the development of the process for the identification and assessment of all severity 1-4 incidents within Absa Group Limited

Accountability:  Oversight & reporting

• Monitor compliance with data protection regulations and Group policies
• Continuous engagement with the various regulators and keeping up to date with data privacy regulations.
• Support the data incident response and data breach notification procedures
• Timeously validate and respond to data subject requests
• Assistance in overseeing data privacy incident and breach procedures and response, including investigation, documentation, reporting, maintenance of records, and the implementation of corrective action.
• Oversee the development and/or implementation of training on the policies and standards to deliver compliance and foster a data privacy culture.
• Review and make recommendations on the Key Risk Indicators submitted by Business.
• Oversee the gathering, collation, and aggregation of risk reporting; challenge inputs from Business and develop and report on an overall picture of the status of the Risk from a Group perspective. 
• Assists in the management of and reporting on the status of data privacy risk to internal and, where relevant, external stakeholders, including regulatory bodies.
• Keep up to date and maintain the Group Risk Framework and identify and warn the business and the Compliance Executive Committee of emerging risks. Develop how those risks may be managed, by providing actionable intelligence.
• Promote and communicate the embedment of compliance throughout the organisation and oversee the development and implementation of high-quality compliance policies and standards
• Ensure adequate monitoring capability is incorporated into solutions to provide key risk metrics and indicators. This may include participation in designing and implementing systems of metrics to provide additional monitoring insight.

Accountability: Management and Leadership

• Develop the capability through internal and external networks, research, and tools to identify emerging risks and potential enhancement of the Risk Framework and Data Privacy Policy. 
• Assist in the Developing and implementation of policies, procedures, and systems to ensure efficient and effective identification and assessment of Data Privacy risks
• Promote the cultural, behavioral, and organisational changes necessary within the business to achieve continuous improvement.

Accountability:  Stakeholder management

• Act as an ambassador with colleagues, regulators, and other stakeholders to establish a leading function within the organization.
• Be registered with relevant regulatory or professional bodies
• Advise stakeholders on the management of relevant data risks, by participating in product/project/change approval and review processes.
• Ensure that proactive and risk-based advice is delivered through effective partnership with others at all levels – the front office and other infrastructure functions.

Education and Experience Required:

• Degree in Commerce, Legal or Business or NQF Level 6 Equivalent
• (3 - 5) years’ experience in Compliance, Data Risk Management, Audit or Risk management 

Knowledge & Skills: (Maximum of 6)

• Knowledge of Data Privacy Risk Management, Control, and Assurance (Level: Advanced)
• Knowledge of relevant local and international regulatory environments including data privacy (Level: Solid)
• Knowledge of data governance and risk governance frameworks (Level: Solid)
• Knowledge of Compliance best practices (Level: Solid)
• Strong leadership Skills (Level: Solid)
• Intellectual and analytical Skills (Level: Solid)
• Good verbal and written communication Skills (Level: Advanced)
• Conflict Management skills (Level: Advanced)
• Change Management Skills (Level: Solid)
• Sound judgment and strategic abilities (Level: Solid)

Competencies: (Maximum of 8 competencies)

• Analysing and executive business report writing
• Coping with pressures and setbacks
• Entrepreneurial and commercial thinking
• Deciding and initiating action
• Formulating strategies, policies, procedures, and concepts
• Leading and supervising
• Persuading and influencing
• Presenting and communicating information
• Relating and networking

Education

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

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Job Summary

• To plan, manage and monitor the implementation of management information systems (MIS) activities and processes in order to deliver on approved operational plans in an effective and efficient manner.

Job Description

• Apply relevant research methodologies, tools and techniques to effectively and purposefully gather and document card transactional processing.
• Understand and apply existing best practice frameworks to assist in the implementation of identified subject matter processes and standards.
• Provide specialist advice and support in area of accountability to ensure that identified solutions and recommendations are appropriate and effective.
• Identify and recommend new innovative ways of achieving quality results.
• Report on transactional and process activities to enable timely and effective decision making.
• Needs to compile Technical Specifications and get it signed off.
• Experience with VISA, MasterCard, AMex and UPI. 

Education

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

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Job Summary

• To develop and execute segment specific Client Value Propositions as well as to provide advice, support in the formulation and associated improvement of these segment specific Client Value Propositions.

Job Description

• Client Strategy and Solutions: Design, develop and maintain client value propositions for specific segment and subsegments. Translate the segment client strategies into actionable and measurable CVPs. This is to encompass segment strategy and tactics, products and services, sale and service model, pricing customer experience relationship model and rewards.
• Data & Information gathering and research: Identify internal data and information sources and establish information channels and networks (formal and informal) for the purpose of obtaining pertinent data and information which can be meaningfully transformed into value adding customer intelligence. Obtain internal customer data and information - with an emphasis on the customer segmentation and related segment characteristics, dynamics and behaviour.
• Analysis and Insights: Analyse and interpret the internal landscape in terms of Absa customer - inclusive of product usage, channel usage, frequency of interactions, geography, customer experience and performance – in order to provide various integrated views and insights of customer to inform CVP’s. Develop an in-depth understanding of customer (within context of the Absa segmentation) needs and wants through external and internal research.
• Segment research: Identify the need and support the implementation of primary research on the segment market. Actively keep up to date with all relevant knowledge, legislation, competitors and developments within the business unit and banking industry that may have an impact on the Business Advantage
• Customer Value Proposition (CVP) Development, Maintenance and Measurement: leverage insights to identify CVP development requirements and establish development initiatives, in conjunction with the relevant business partners. Engage with various Absa stakeholders to develop deep understanding and insight of the performance of existing product and service propositions, identify areas of performance improvement and translate into actionable plans.
• Business Enablement: Establish and maintain relationships with key internal and external stakeholders to identify cross-functional business growth opportunities and platforms to communicate Relationship Banking Segments business intent and performance objectives.

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, leverage specialist analysis & testing tools, frameworks, techniques and practices to elicit, define and organize business requirements. Translate & document business requirements into user stories  & specifications (Full Stack, Cross System) detailing integration points, business & associated risk / opportunities to be realised. And following this analysis, work collaboratively within squads during design & delivery activity including assuming responsibility for manual application testing processes, frameworks & outcomes

Job Description

Analysis (including Business Case)

• Proactively build relationships, apply analytical techniques to elicit and validate business (product & service) needs ahead of demand
• Implement routines to get to know / become an expert in various business processes (e.g. spend time in business & with users)
• Translate elicited needs and knowledge acquired into user story format that is immediately usable for DevOps teams (right languaging, format for building & testing)
• Prepare and prioritise the backlog of requirements for the user stories linked to the proposed solutions
• Work collaboratively with Tribe Leads (Technical Product / Service Owners) to build a roadmap & vision for the products and services (including detailed analysis requirements & solution scope)
• Define measures of success & key outcomes for various solutions / changes including detailed acceptance criteria for all features
• Define testing requirements (pass or fail test cases)
• Support the development of detailed business cases (including defining solution characteristics, effort estimations etc.)
• Solution Design (within DevOps Context)
• Translate business requirements into detailed systems requirements. Detailed system requirements must include all capabilities, interfaces and functionalities within and across technologies.
• Build detailed user stories to be leveraged for system requirements design (modular)
• Leverage business analysis & modeling tools and apply notation standards such as UML/BPMN to diagrammatically/visually document: business requirements, business processes, system processes & integration .
• Facilitate processes to ensure integrated requirements are socialized, understood & approved across the broad range of stakeholders to be impacted (this includes various processes e.g. risk / governance forums, change council, scrum meetings / DevOps team capability building, solution design sessions etc.)
• Understand & leverage knowledge on the organisations technical landscape, environment and broader architecture to define integration points across tech stacks for various requirements
• Work collaboratively with project / program teams, squads, scrum masters and engineers to define backlog, release & DevOps / project planning implications of the requirements development & roadmap (what should happen when)
• Continuously improve system requirements mapping (e.g. leverage input from questions asked etc. to consistently improve the quality of the requirements analysis for easier interpretation by the development teams)
• Work as part of the embedded DevOps team throughout the design process to review solution design (features and functionality)
• Facilitate resolution during development & testing phases for any change requirements

Solution Delivery & Testing (manual)

• Define the manual testing strategy & test cases for various solutions (where it makes sense to do so)
• Define & validate quality & testing parameters (+/-) & plans for the solution (socialize & translate these to automation testing teams)
• Develop manual testing frameworks and patterns for the solution
• Lead the manual testing process for various solutions (e.g. execute test cases, analyse results)
• Provide real time feedback to the DevOps teams on change requirements identified throughout the testing process
• Review & monitor system stability, resilience etc. throughout the testing process (e.g. integration) & in production
• Define & monitor overall backlog planning for effective solution delivery
• Provide Developer & User support during user acceptance testing

People

• Provide coaching & mentoring across the DevOps team as well as to developing analysts across the estate
• Conduct peer reviews & problem solving within and across the broader team

Skills & Experience Required

• Experience in Solution Design/Architecture
• Experience with application support
• AWS exposure or certification would be a distinct advantage

Education

• Bachelor's Degree: Information Technology

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Job Summary

• To lead the reporting function for the South African Short-term insurance operations, collaborating with stakeholders to deliver quality insights on market dynamics, business drivers and financial performance, and playing the essential role of supporting the CFO in driving informed strategic decisions.

Job Description

• Strategy, Budgets and Reporting:
• Assist in preparing and developing the strategy for the business and aligning this with the other key business areas within the Group.
• Oversee the preparation of the budget and ensure alignment with the strategic priorities agreed with the Board of Directors.
• Provide key insights through comprehensive reports, financial and non-financial, including management and ad-hoc reports, to support well-informed decision-making.
• Collaborate with cross-functional teams to derive meaningful insights into business and financial performance, ensuring alignment with the overarching business strategy.
• Prepare, review, and discuss business performance against short-term plans (STP), revised annual forecasts (RAF), and rolling forecasts with all key stakeholders across finance and business.
• Prepare the Board reports on a quarterly basis for the short-term insurance Board meetings.
• Prepare and ensure the completeness, accuracy, and relevance of monthly reports presented to all key stakeholders, including the Group Finance team and the CFO, enabling informed decision-making.
• Advisory Support:
• Provide expert financial advice and support to management, addressing potential financial risks that could impact profitability.
• Maintain regular dialogue with the CFO to proactively address financial concerns and challenges, fostering a proactive approach to financial management.
• Financial Control and Compliance:
• Uphold strong internal controls in line with Absa Group policy, conducting regular reviews of variance reports and other pertinent documents.
• Collaborate closely with Internal and External Audit teams, supplying requisite information as needed to ensure compliance and transparency.
• Oversee that cost centre managers strictly adhere to all regulatory and policy requirements when reporting the financial position of the business.
• Provide sign-off to supplementary schedules and attestations submitted to Group Finance, ensuring strict adherence to prescribed formats.
• Oversee the reinsurance accounting function, ensuring that all reinsurance transactions are accurately recorded, reconciled, and compliant with internal policies and external regulations.
• Manage the reinsurance accounting team, providing guidance and oversight to ensure the team meets its objectives and adheres to timelines and compliance standards.
• Stakeholder Management:
• Effectively communicate financial policies, procedures, standards, and guidelines to key stakeholders across the cluster and Group Finance.
• Prepare key themes, presentations, and reviews tailored for senior stakeholders, ensuring harmonisation across business units within the cluster.
• Support projects by constructing the financial component of the business case, actively tracking and managing project benefits and costs.
• Conduct routine meetings with the operational team to disseminate financial performance updates
• and insights.

Education:

• CA(SA), CIMA or other financial sciences equivalent will be preferred.
• 5-8 years of working experience in insurance.
• IFRS 17 experience.
• Stakeholder management Involvement

Education

• Postgraduate Degrees and Professional Qualifications: Financial Sciences (Required)

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Job Summary

• To provide specialist Human Resources advice and support that meets business requirements, through the execution of predefined objectives as per agreed SOPs.

Job Description

Key Responsibilities

• Employee Behaviour Assessment & Support
• Conduct assessments, surveys, and interviews to gather insights into employee attitudes, satisfaction, and workplace behaviour.
• Provide guidance on workplace behaviour, stress management, and career development.
• Data Analysis & Reporting
• Analyse assessment and project data to identify trends and inform decisions on employee engagement, productivity, and retention.
• Prepare detailed reports and presentations for stakeholders, highlighting findings and recommendations.
• Intervention Design & Training
• Design and implement behavioural interventions to improve employee performance, job satisfaction, and well-being.
• Develop and deliver training on leadership, communication, conflict resolution, and related areas.
• Change Management & Research
• Apply psychological principles to support employees in adapting to organisational changes.
• Stay updated on research in Industrial Psychology and conduct benchmarking studies to compare organisational practices with industry standards.
• Collaboration & Stakeholder Engagement
• Work closely with HR teams, managers, and stakeholders to understand needs and recommend strategies for improving workplace dynamics.
• Act as a liaison between stakeholders and project teams, ensuring clear communication and alignment of objectives.
• Project Coordination & Facilitation
• Manage project documentation, including MS Teams repositories, activity trackers, risk logs, and HC FAQs.
• Organise and facilitate think tanks and brainstorming sessions to generate innovative solutions.
• Coordinate project activities, schedule meetings, and document outcomes, ensuring adherence to timelines and goals.
• Solution Design & Process Optimisation
• Collect and document business requirements, develop process flows, and create user stories to support project objectives.
• Propose and implement solutions to improve processes and project outcomes.

Education

• Bachelor`s Degrees and Advanced Diplomas: Industrial and Organisational Psychology (Required), Master's Degree: Industrial and Organisational Psychology

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Job Summary

• Responsible for the overall management of Credit Risk within Global Markets, covering Structured Trading, Counterparty Risk Trading, Derivative Counterparty Exposure Management and Single Name issuer risk for South Africa and Africa.  
• The role spans both Market Risk and Credit Risk within Global markets, covering both the trading and banking books.  Specifically responsible for designing and operating within established frameworks, appetite, and limits by ensuring that market and credit risks are identified, measured, managed, reported and challenged. The individual will be the central point of contact for the business regarding the measurement, limit setting and monitoring of market and credit risk arising from the credit trading and derivative portfolios.

Job Description

• Responsible for the overall management of Credit Risk within Global Markets, covering Structured Trading, Counterparty Risk Trading, Derivative Counterparty Exposure Management and Single Name issuer risk for South Africa and Africa.  
• The role spans both Market Risk and Credit Risk within Global markets, covering both the trading and banking books.  Specifically responsible for designing and operating within established frameworks, appetite, and limits by ensuring that market and credit risks are identified, measured, managed, reported and challenged. The individual will be the central point of contact for the business regarding the measurement, limit setting and monitoring of market and credit risk arising from the credit trading and derivative portfolios. 
• The top priority for this position is providing a robust challenge to the business. The position will require an ability to directly challenge desk heads on their risk taking, trading/hedging strategies, PnL and portfolio mix. In addition, this position will need to assess the counterparty risk arising from the derivative portfolio, including advising business on credit risk mitigation strategies. 
• As a result, the incumbent will need clear and independent views with an excellent understanding of risk, PnL performance and stressed market conditions.  
• Specifically the role will be accountable for:
• Senior risk officer with delegated mandate from credit to make risk decisions on CCR e.g. approvals and allocations of lines and management/responding to excesses working directly with frontline
• Ownership for all credit risk in markets (single name issuer risk (SNI), xVA, Potential future exposure, collateral and counterparty MTM reporting)
• Central team to provide complete view of credit risk exposure to a counterparty under crisis reporting
• Chair of SNI and CCR management forums
• Risk Metrics to incorporate – RDARR metrics on CCR exposure at default, RWAs, EC, EaR, etc
• Point person for SA-CVA, SA-CCR and non-cleared derivative regulations (regulatory engagement and responses)
• Strong ability to collaborate with cross function e.g. closely working with large derivatives user segments Financial Institutions Credit and Coverage Teams
• The individual will be a credit voter or sponsor for structured derivatives products in credit channels e.g.CIB, Group and Board Credit Committees.  
• Derive functional mandate from CIB CCO and maintain strong relationship with CIB CCO and Group CCO in a matrix environment
• Build and maintain CCR concentration risk management framew
• Build, maintain and co-ordinate CCR crisis reporting framework in compliance with RDARR principles  
• Will be required to provide oversight and development of prime brokerage risk framework/function
• Custody/Owner of CCR related policy and standards 
• Responsible for building a PAN Africa CCR monitoring framework using tools and systems available within CIB Risk/Global Markets
• Provide training and mentoring of risk, finance, and front office staff.

Requirements

• The position requires a thorough understanding of global markets, cross asset class products traded by an Investment Bank and their associated risk measurement methodologies (value at risk (VaR), stress testing, XVAs, risk mitigation and valuation).
• The job holder needs to have expert knowledge of risk management, credit products and second/third order sensitivities, including how these are hedged across all asset classes. 
• The role requires someone with big picture insight with an acute sense and appreciation for risk to ensure that the right balance between commercial interest and sound risk taking is achieved in support of both business growth and protection of the franchise from unexpected loss.
• The job holder should understand the CIB strategy and objectives of the wider group and continuously seek ways to contribute to these.
• The position is also responsible for the monitoring and reporting of counterparty credit risk arising from OTC and secured financing transactions.  A thorough understanding of credit mitigation strategies, ISDA, CSA, GMRA and GMSLA agreements is also required.  

Education

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