Fresh Jobs at Absa Group Limited (Absa)

Job Summary

• The Model Development Quantitative Analyst is responsible for designing, developing, and validating quantitative models used for risk assessment, pricing, and portfolio management. This role requires a strong foundation in mathematics, statistics, and programming, along with the ability to apply advanced quantitative techniques to solve complex financial problems.

Job Description

Key Responsibilities:

• Model Design and Development:
• Design and implement quantitative models for credit risk as well as models for pricing and profitability analysis.
• Utilize statistical methods and machine learning techniques to enhance model performance.
• Data Analysis:
• Conduct in-depth analysis of large datasets to extract insights and inform model development
• Clean, preprocess, and transform data to ensure accuracy and relevance.
• Reporting and Visualization:
• Create visually engaging reports and dashboards to communicate performance results.
• Present findings and recommendations to management and other stakeholders.
• Model Validation and Testing:
• Perform rigorous back testing and validation of models to assess their accuracy and reliability.
• Document validation results and provide recommendations for model enhancements.
• Collaboration and Communication:
• Work closely with cross-functional teams, including risk management, business and IT, to ensure model alignment with business objectives.
• Present model findings and insights to stakeholders, translating complex concepts into actionable recommendations.
• Research and Development:
• Stay current with industry trends, academic research, and advancements in quantitative modeling techniques.
• Contribute to the development of best practices and standards in model development.
• Regulatory Compliance:
• Ensure that all models comply with relevant regulatory requirements and internal validation policies.
• Assist in the preparation of documentation for model governance and audits.
• Continuous Improvement:
• Monitor scorecard effectiveness and make recommendations for enhancements.
• Stay current with industry best practices and emerging trends in performance measurement.
• Documentation:
• Maintain comprehensive documentation of scorecard development processes and methodologies.
• Ensure that all documentation is accessible and up to date.

Qualifications:

• Bachelor’s degree in Statistics, Mathematics, Actuarial Science or a related field; Master’s degree preferred.
• Proven experience in quantitative modeling, financial analysis, or related fields.
• Strong programming skills in languages such as SAS, Python and SQL.
• Proven experience in data analysis
• Strong analytical skills and attention to detail.
• Excellent communication and presentation skills.
• Ability to work independently and collaboratively in a fast-paced environment.

Preferred Skills:

• Experience with machine learning algorithms and statistical modeling techniques.
• Excellent problem-solving skills and ability to work under pressure.
• Knowledge of banking regulations and risk management frameworks.
• Strong analytical skills and attention to detail, with the ability to work in a fast-paced environment.

Education

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

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Job Summary

• Optimise the profit and economic value of portfolios of Small Business key account clients requiring low to medium 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

• Relationship Management: Own the primary relationship with the client by being the client’s main contact point for all corporate and investment banking needs. | Client Solutioning: Take overall accountability for service delivery by setting the rules of engagement for the cross functional team, which includes Transactional Banker, Credit Analyst, Segment Support Client Control Team, Client Service Consultant & Product & Sector teams.
• Manager Risk Assessment: Take ownership of the portfolio's risk management by ensuring a good understanding of both the Bank's and the clients regulatory and compliance environments.
• Experience with Agri portfolios and clients is a necessity
• NQF7 and above in a related field
• Willingness to travel out to clients in remote areas

Education

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

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Job Summary

• We are seeking a dedicated and experienced Business Risk Officer to direct and manage the overall risk management process within our specific Business Units. This role is consistent with Absa Africa Risk and Group Risk Management policies and requires operational risk experience with payments, data risk, data analytics and an understanding of fraud and cyber risk

Job Description

Key Responsibilities:

• Contribute to the development of Group Methodology and implement and maintain the risk management process. to the development of Group Methodology and implement and maintain the risk management process.
• Conduct ad-hoc risk assessments, sign-off on new products and initiatives, and get involved in special investigations.
• Define the Risk Appetite and Tolerance for the various risks faced in collaboration with the business and ensure that Key Risk Indicators are monitored and actively managed.
• Ensure that employees are adequately equipped to fulfill the various risk-related roles they play, and that the appropriate risk governance structures are in place.
• Monitor and report on risk issues and on the overall risk profile of the business.
• Roll-out Group Risk Initiatives.

Education and Experience Required: 

• Business degree or equivalent NQF level 6 – Essential 
• Business-oriented bachelor’s degree [e.g. Accounting, Law, Business Management, etc.] – Preferred 
• 5-7 years’ experience in the relevant business sector. 
• 2 years’ experience in a risk management discipline. 
• it would be beneficial if you have experience/exposure to risk management in other African Markets (besides SA)
• If you are a proactive professional with a strong understanding of risk management principles and practices, have strong data analytics, we would love to hear from you. Apply today to join our dynamic team! 

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 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

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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)
   

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Job Summary

• Provide superior, seamless customer experience and offering suitable solutions to meet client needs. Utilise technology and leverage the virtual omni-channel environment, to deliver service in an efficient and cost-effective manner. Perform banking duties and oversee the financial activities for business and individual customers.

Job Description

• Income Growth and Financial Targets: Ensure a deep understanding of client's working capital cycle and business needs to provide appropriate solutions. Drive achievement of targets as per individual scorecard.   
• Customer Focus: Proactively drive acquisition and cross-sell initiatives through re-engagement processes. Ensure service and complaints resolution are within acceptable service level agreements.
• Compliance and Risk Management: Fulfil all activities in adherence to relevant control and compliance requirements, and quality standards.   
• 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

• Higher Diplomas: Business, Commerce and Management Studies (Required)
   

go to method of application »

Job Summary

• Provide superior, seamless customer experience and offering suitable solutions to meet client needs. Utilise technology and leverage the virtual omni-channel environment, to deliver service in an efficient and cost-effective manner. Perform banking duties and oversee the financial activities for business and individual customers.

Job Description

• Income Growth and Financial Targets: Ensure a deep understanding of client's working capital cycle and business needs to provide appropriate solutions. Drive achievement of targets as per individual scorecard.   
• Customer Focus: Proactively drive acquisition and cross-sell initiatives through re-engagement processes. Ensure service and complaints resolution are within acceptable service level agreements.
• Compliance and Risk Management: Fulfil all activities in adherence to relevant control and compliance requirements, and quality standards.   
• 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

• Higher Diplomas: Business, Commerce and Management Studies (Required)
   

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Job Summary

• Formulate tactical strategy and associated delivery plans related to single practice areas. Ensure proactive integration and operational tactical enhancement.

Job Description

• People Management: Coach, mentor and manage team members toward driving business objectives and ensuring colleague development | Compliance and Risk Management: Fulfil all activities in adherence to relevant control and compliance requirements, and quality standards | Business Management: Manage the levels of performance and service standards that need to be achieved by
• translating the Business Unit’s strategy into achievable objectives and contracting
• these through the Performance Development process for the team. | 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. | Customer Experience: To provide service excellence and achieve customer satisfaction | : | : | :

Education

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

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Job Summary

• CIB Global Markets Post Trade Services Team (PTS) is currently looking for a Junior Analyst in the Money Market space to manage the confirmations and settlements for all Money Market Transactions to ensure that all transactions are controlled and confirmed in an
• efficient and cost effective manner. The department supports a broad range of operational services across the Money Market products, trade lifecycle including lifecycle management, confirmation, settlement and daily reporting as well as strategic product support.
• The business is continually looking for ways to implement efficiencies, reduce risk to the firm and enhance the experience of our clients.

Job Description

• Accountability: Confirmations and Settlements:
• Confirmations and Settlements with internal and external counterparties
• Professional communication with thorough and detailed explanation to clients via email or phone to resolve all differences in a timely manner
• Liaison with internal counterparts (i.e. Desk, Sales team, Trade Support, Confirmations , Settlements) to work through issues and identify the correct remediation required
• Acting as the first point of contact for a portfolio of clients and effectively resolving all incoming client queries within a pre-agreed timeframe
• Exercising good judgement skills to make the necessary decisions to address client queries and ensuring all high-priority queries are escalated to the management promptly.
• Accountability: Controls and MI
• Contribute to the specification and testing of improvements for all systems and processes.
• Uphold the controls and procedures for the team
• Prepare MIS for distribution to management
• Proactively cross train on all functions performed within the team and across the department to gain a deeper understanding of the derivative products and processes
• Initiate process improvements within the team to drive efficiency and cost savings:
• Strong analytical skills required to perform complex analysis on the volumes and process flow to identify the root cause.
• Suggest innovative solutions to improve efficiency and provide management with a detailed breakdown to quantify the time/ headcount savings from the initiative
• Act as the key point of contact with stakeholders (i.e. Technology, Change Manager, Team AVP) in order to implement change.
• Accountability: Administration 
• Ensure that all the paperwork related to transactions is filed and kept in a secure place;
• Provide good customer service and communicate with clients, trade support or front office and respond promptly to queries;
• Provide information to stakeholders as requested.

Education and Experience Required

• B Degree or equivalent NQF 6 qualification
• 3 years’ experience in an Money Market trades environment.

Education

• Higher Diplomas: Business, Commerce and Management Studies (Required)

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Job Summary

• The vacancy requires minimum 3 years experience as a specialist actuary to perform short-term actuarial pricing, guiding strategic initiatives through data and making actionable recommendations.

Job Description

• The vacancy requires minimum 3 years experience as a specialist actuarial to perform short-term actuarial pricing, guiding strategic initiatives through data and making actionable recommendations. Education, must have more than 9 actuarial exams completed.
• Administrative and operations support: Provide Actuarial administrative and operations support against standard operating procedures | Ad Hoc duties: Provide support to customers and team as required on an ongoing basis | Compliance and Risk Management: Fulfil all activities in adherence to relevant control and compliance requirements, and quality standards

Education

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