Hot Jobs at Absa Group Limited (Absa)

Job Summary

• Deliver day-to-day knowledge work, in order to execute predefined objectives as per agreed standard operating procedures (SOPs).

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

• Work as part of an integrated (run & build) tribe in lower complexity environments to provide enterprise wide application support across multiple stakeholder groups by maintaining & optimizing enterprise-grade applications (tech products & services).

Job Description

• We are looking for a Support Engineer for Tandem Non-Stop 
• Devops & Support
• Apply critical thinking, design thinking and problem solving skills to solve technical problems on existing applications
• Implement all configuration, optimization (e.g. upgrades) & maintenance activity (e.g. regular maintenance patches) for enterprise wide applications
• Provide efficient and effective support of applications including continued development of the application and security, software patches, reliability, disaster recovery and ensure the application meets the business needs
• Schedule and oversee planned maintenance tasks, such as backups and performance tuning, for production IT services to prevent and to minimize issues
• Maintain correct and current application documentation and making it available to application users
• Oversee application implementation and configuration, patches, upgrades and maintenance, and ensure that application performance meets agreed SLAs and OLAs
• Ensure minimal business operations impact due to upgrades and maintenance activities
• Coordinate and execute unplanned maintenance tasks, such as disaster recovery procedures, for production IT services to prevent and to minimize issues
• Manage applications throughout their lifecycle and assist in the application-related aspects of designing, testing, operating and improving technology products & services services
• Coordinate & communicate across Tribes & Squads (all businesses) to successfully complete application upgrades
• Coordinate with infrastructure & architecture teams to ensure that the impact of system / platform migrations on applications is minimised
• Develop and maintain knowledge in application functionality, user workflow, and business processes
• Develop sufficient knowledge of application infrastructure (server, network, security) & broader organization architecture to assist with application upgrades and troubleshoot issues
• Compile and maintain inventory of applications and related details
• Manage and provide support aligned to all SLA’s
• Develop the skills required to operate and maintain the technical products & services (applications)
• Ensure that a backup system for applications and files associated with business operations is in place
• Advise on software installation and upgrades, troubleshoot problems and provide resolutions.
• Work with Information Security teams to define and implement access permissions for applications
• Develop and maintain expertise in application functionality, user workflow, and business processes.
• Receive and screen user programming requests for new applications or modifications, and determine appropriate priority and response.
• Develop and communicate training and documentation for end users.
• Act as a liaison between business stakeholders and customers, external solution providers, and IT stakeholders for application support specific requirements
• Develop and / or assist with the development and / or execution of project plans for application upgrades
• Provide input to current and future application requirements to meet the organization's needs
• Prepare assessments for proposed applications, projects, and define appropriate integration and access requirements
• Maintain awareness of application risks and opportunities for improvement
• Identify and recommend application improvement to enhance capability and performance, and minimize costs.
• Ensure that application users are aware of the application capabilities for enabling their effective use
• Assess vendor proposals for appropriateness and compliance with organization and industry standards.
• Participate in development of Requests for Proposals (RFP) and vendor evaluation and contract management for IT applications services.
• Supervise and maintain the organization's repository of applications
• Help diagnose problems and resolve incidents / issues related to applications.
• Validate the known error database for application-related entries
• Work with Tech Centres of Enablement to define the operational activities related to the applications
• Application Monitoring & Performance Management
• Monitor application modification requests and ensure best practices are being utilised
• Conduct diagnostic investigations of program errors, and implement or recommend solutions or methodologies for resolution.
• Maintain metrics of operational performance and evaluate trends
• Analyse business systems to determine effectiveness, identify inadequacies, inefficiencies and problems and recommend solutions
• Governance, Risk & Control
• Enhance methods and procedures for collecting, analysing, and documenting application issues, and completing user change requests.
• Enhance IT processes for transitioning completed configurations from development to production.
• Plan and coordinate the processes for the provision of user applications and systems necessary for business operations.
• Define and maintain application assessment, development, and support standards, and work with other IT and business stakeholders to establish configuration and use guidelines.
• Provide inputs to availability and capacity management process for effective planning.

Education

• Bachelor's Degree: Information Technology
   

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Job Summary

• Join the CIB Payments team as a Specialist Exchange Control where you will be responsible for the day-to-day administration of Exchange Control in conjunction with the South African Reserve Bank (SARB), support various Stakeholder units within ABSA as well as external clients by providing an Exchange Control Service offering by way of consultation and representation to SARB via Head Office Exchange Control (HOEC). Provide Exchange Control advisory services to clients and internal stakeholders with regard to Exchange Control matters.

Job Description

Key Accountabilities

• Provide Exchange Control advisory services and training for clients and internal stakeholders by providing guidance on Exchange Control related matters
• Contribute to the development of new foreign exchange products by collaborating with internal stakeholders to ensure that all requirements relating to Exchange Control Regulations are fully complied with
• Ensure that changes to the Exchange Control Regulations are incorporated into products and service offerings by review when required.  
• Address specific matters referred from internal stakeholders by providing technical specialist input from an Exchange Control perspective or accompanying front line staff on client visits when required
• Follow industry developments and regulatory requirements in order to ensure compliance
• Keep clients and internal stakeholders informed of changes and new trends in the regulatory environment by means of training engagements
• Provide superior customer services and support to clients and internal stakeholders in respect of rendering Exchange Control Advisory services for client portfolio
• Efficiently deliver and ensure continuation of service by applying specialist knowledge for problem solving and advice for remediation and prevention to ensure continuous improvement of existing processes and product offering, methodology and system integrity
• Remain alert and report real or potential risks identified from customer transactions
• Monitor CIBW processes and activities to identify real or potential areas of foreign exchange compliance risk
• Establish and maintain good professional relationships with clients, who have regular or complex Exchange Control needs in order to pro-actively solution
• Establish and maintain good professional relationships with all key CIB Stakeholders in order to promote and deliver the Excon Advisory product offering effectively

Education and Experience Required

• Bachelor’s Degree in commercial discipline / NQF  Level 6, or
• Minimum 5 years General Banking experience
• Minimum 3 years Foreign Exchange experience
• Minimum  7 years Exchange Control environment experience

Education

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

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Job Summary

• Manager strategic initiatives to streamline lean portfolio management practices, drive effective change adoption, and enhance operational alignment with organizational goals. This role bridges portfolio governance and change enablement, ensuring optimized resource allocation and utilization, value delivery, and seamless change integration within the portfolio. This leader will enable change strategy execution and effective delivery of initiatives within the portfolio while adhering to Lean Portfolio Management (LPM) principles.

Job Description

• Project Management: Lead end-to-end execution of critical programmes and projects, ensuring alignment with business objectives and strategies. Develop and maintain a comprehensive programme plan, including scope, schedule, resource allocation, risk management, and budget oversight. Establish clear success criteria and key performance indicators (KPIs) to measure project outcomes and drive continuous improvement.
• Stakeholder Management: Collaborate with cross-functional teams, including traders, analysts, technologists, legal, and compliance, to ensure effective communication and coordination throughout the project lifecycle. Build and maintain strong relationships with senior stakeholders, providing regular updates on project status, risks, and opportunities.
• Risk and Compliance: Ensure projects adhere to relevant regulatory frameworks and compliance standards within the capital markets industry. Identify potential risks and develop mitigation strategies to minimize project disruptions and maintain operational integrity.
• Resource Management: Manage project resources, including both internal and external team members, to ensure tasks are executed efficiently and within established timelines. Coordinate with resource managers to allocate resources based on project priorities.
• Change Management: Implement effective change management strategies to minimize resistance and facilitate smooth transitions during project implementations. Communicate changes clearly to impacted teams and provide necessary training and support.
• Reporting and Documentation: Create and deliver regular project status reports, highlighting achievements, challenges, and upcoming milestones to leadership and stakeholders. Maintain comprehensive project documentation, including project charters, requirements, meeting minutes, and post-project evaluations.
• Continuous Improvement: Identify opportunities for process improvement and automation, driving efficiency gains and enhancing the overall project management approach. Participate in lessons learned sessions and apply insights to refine project management methodologies.

Education

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

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Job Summary

• Execute M&T review activities and issue validation to the highest quality in terms of the Group Compliance M&T methodology with minimum supervision from the line manager. Co-ordinate and report on the key focus areas across all ARO M&T team deliverables.

Job Description

The ARO Compliance Monitoring & Testing (M&T) team is looking for a team player with the following attributes:

• A strong governance mindset
• Great attention to detail with quality, timeous delivery
• Ability to analyse and interpret data
• Passionate about adding value to business and improving processes
• Ability to deal with stakeholders across different jurisdictions
• Key Responsibilities
• Governance, Monitoring and Reporting 
• Co-ordinate, consolidate and report on the key focus areas of the ARO M&T scorecard deliverables, notably:
• Delivery to the committed assurance plans.
• Tracking and monitoring of M&T assurance findings.
• Monitor compliance to the Group Compliance Assurance methodology
• Produce, analyse and interpret detailed reports explaining trends, discrepancies, and inconsistencies.  Use these to identify and recommend improvements and provide advice to ensure that solutions are appropriate and effective.
• Attend relevant forums, committees and structures related to area of specialisation as may be directed by line manager or business requirements or stakeholder expectations.
• In combination with each in-country M&T team providing input into the planning cycle by considering the risk and control profile, business strategy, regulatory changes and material conduct and reputation risks affecting the business.
• Operational Efficiencies 
• Delivery of appropriate initiatives, training, applications, systems, and tools to enable knowledge, skills, robust application, and reporting. Particularly in respect of risk management tools, applications, and systems assurance methodologies; RICM; issues management etc. Provided guidelines and support to ensure consistency.
• Identify opportunities for using Data Analytics and enhanced automated monitoring and testing techniques.
• Implement the use of HighBond frameworks to create efficiencies and reduce the time taken.
• Keeping up to date with industry trends, regulatory changes and professional standard.
• Assurance Reviews and Issue Validations
• Conduct all assurance reviews and issue validations allocated to the highest quality and in line with the requirements of the Compliance Assurance Methodology.
• Actively participate in all the assurance phases - planning and scoping (identification of risks and controls), fieldwork (execution of design and operating effectiveness assessments) and reporting (ensure that any observations/issues and planned actions are agreed with management for factual accuracy).
• Display professional skepticism and apply a residual risk lens to potential issues with management and in final reporting
• Stakeholder Relationship Management and Teamwork
• Build and maintain strong stakeholder engagements across ARO and within the centre teams.
• Ensure proactive engagement to enable quality submissions of required deliverables.
• Contribute to ensuring commercially sound Compliance guidance and support in respect of regulatory requirements in a professional and helpful manner.
• Provide guidance to peers by sharing best practice methodology.
• Contribute towards positive employee engagement and culture through active collaboration, identifying improvements and efficiencies across the wider 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: 
• 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

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

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Job Summary   

• The purpose of the role is raising funding from various sources to ensure bank sufficiently funded. Manage Liquidity and Interest rate risk in the funding pools. Making appropriate Funding and Investment Decisions to optimise revenue for the firm within market risk and liquidity risk parameters. Monitor risk reporting and affirmation of daily profit and loss. Continues interaction with all treasury pillars to enhance regulatory positions with minimal cost. Good communication skills in order to maintain and grow client relations. Expected to have robust dialogue with dealer community, leveraging market colour, opinions and liquidity. Create a liquid Secondary Market in ABSA Paper, Treasury Bills and other tradable paper. Quoting internal and external stakeholders and being a market maker.

Job Description

• Accountabilities:
• Manage investment portfolio for global securitized market unit, including making investment decisions, monitoring risk and reconciling profit and loss on day-to-day basis.
• Daily operational requirements of deal capturing, client interaction and service, follow up of queries, quoting prices, managing maturities of funding, buybacks and re-structures of funding.
• Assist in building financial models to optimize pricing of funding and valuation of MM instruments.
• Real-time analysis of market rates and timeous updating of rates on Reuters, Bloomberg, Front based on banks liquidity needs. 
• Submission of benchmark contributions like JIBAR, SABOR etc.
• Using interest rate products to hedge funding and investment activity where required and general risk and liquidity management of the book.
• Execute trades with internal and external counterparties.
• Trade an array of instruments: Vanilla MM products and other relevant funding and hedging products (includes not limited to NCD’s, FRN’s, Loans and Depo’s, Treasury Bills, SARB Debentures, Swaps, Fras etc)
• Anticipate market developments and identify trade opportunities with risk-adjusted superior returns.
• Intra day cash management and effective management of banks surplus cash positions
• Track fundamental analysis and its impact on FX and interest rate markets
• Be familiar with published economic data and the impact on the interest rate market.
• Inter team interaction with Group Treasury and other Absa Capital Trading desks daily.
• Understanding and sensitivity to Intraday Liquidity position and risks, Wholesale Funding Targets, Economic Funding Model.
• Team Dynamics – Team Player -- Money Market Trading team through driving core values of innovation, being dynamic and motivated. Good communication skills are a key requirement of the role
• Accountability: Stakeholders 
• Engage with and maintain good relationships with key stakeholders, Regulators, internal Group Treasury and clients.
• Team Dynamics – Team Player -- Money Market Trading team through driving core values of innovation, being dynamic and motivated. Good communication skills are a key requirement of the role
• Play a positive role in Corporate Citizenship
• Accountability: Regulatory 
• Adhere to all Absa Compliance requirements, regulatory frameworks and policies.
• Knowledge of regulatory impacts i.e. Basel 3, LCR, NSFR etc. Optimize positioning to adhere to requirements while enhancing return for the firm
• Accountability: Revenue and Risk 
• Using interest rate products to hedge funding and investment activity where required and general risk and liquidity management of the book.
• Overlay derivative strategies on the book to enhance revenue generation and risk positioning of the banking books to protect revenue is crucial.
• Good and quick decision making skills in this dynamic and ever evolving volatile market environment.
• Using FX products (Cross Currency swaps, Int rates swaps, FX spot) to hedge funding and investment activity where required and general risk and liquidity management of the book.
• Continuous monitoring of opportunities in the FX basis market. Prompt decision and execution within risk limits

Education and Experience Required

• Bachelor's degree in Business, Economics, Finance or Quantitative field
•  3+ year's experience in fixed-income trading, structuring, Money Market or other Front Office or Middle Office Markets environment.
• Rates experience trading and/or sales preferred

Education

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

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Job Summary

• The Specialist Risk and Control role is to partner as a first line of defence to ensure the embedment of the compliance risk management governance, risk and controls, into CIB Compliance processes.

Job Description

• To co-ordinate, implement and execute on the assurance of the compliance owned controls to ensure that they are adequately designed and operating effectively.
• To perform all risk and control reporting (CPA, MCA, RCSA and KI)
• Develop and implement automated risk and control dashboard to support the monitoring and tracking of the compliance control environment.
• Oversee and monitor the  compliance control environment and management control approach  Monitor the  road to satisfactory  plans for operational and control remediation issues
• Be the point on entry with key business stakeholders on control management
• Actively drive a combined assurance plan for Compliance
• Provide training on the first line assurance testing methodologies, control systems etc.
• Design and roll-out comprehensive training programs based on new and updated regulatory requirements

Education and Experience Required

• Financial/Risk Management Degree
• In-depth knowledge of risk frameworks
• Minimum of 3-5 years detailed business risk officer knowledge and experience aligned to the Corporate Investment Bank (CIB) business, (i.e., Risk and Control Self Assessments (RCSA), Key Indicators, Risk Events, Assurance, Governance, Issues Management and Risk reporting). Demonstrate strong business acumen and general banking product and process knowledge would be a benefit.
• Knowledge and understanding of the current regulatory environment that CIB operates in.

Knowledge & Skills: 

• Networking skills.
• Analytical, numerical skills and a keen eye for detail.
• Planning and organisational skills.
• Ability to understand broader business issues.
• Communication and presentation skills.
• Ability to deal with senior colleagues

Competencies: 

• Strong written and verbal skills.
• Excellent work ethic and precise attention to detail.
• Ability to take initiative and to take ownership of projects.
• Ability to work independently with minimal supervision.
• Ability to communicate simply and effectively and work well in a team.
• Ability to share ideas, listen and take on board other’s ideas.
• Willingness and desire to learn and grow.
• Time management skills and the ability to multitask and perform well under pressure

Education

• Bachelor`s Degrees and Advanced Diplomas: 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)
   

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Job Summary

• As a Strategic Lead for the Engineering, Services and Platforms Office (ESPO), you will play a pivotal role in the successful transformation of the infrastructure estate across Absa by ensuring a future fit strategy across our Pan African operations. 
• You will lead the long-term strategy for the area working with Architecture and the various Infrastructure tower heads of Networks, Compute, Cloud, DBaaS and End User. This strategic direction will help ensure we land an infrastructure foundation that enables agility and speed to market for the business units that build on this infrastructure foundation. This position requires a deep understanding of Infrastructure and Cloud, Management, and change management expertise to ensure the bank's competitiveness and future growth.

Job Description

• Strategic Planning: Develop a comprehensive strategy for implementing the transformation initiatives that aligns with the bank's overall goals and objectives, demonstrating acceleration of our Digital Transformation.
• Execution Leadership: Lead a multidisciplinary team to work with the infrastructure towers to ensure both the strategic direction and the successful delivery of the transformation initiatives.
• Change Management: Manage the team responsible for change management across the various infrastructure towers.
• Risk Management: Identify potential risks and issues associated with the implementation and develop and manage mitigation strategies to minimise execution risk and protect business value.  Adopt the ‘Think Big, Start Small, Learn Fast’ approach to ensure that the programme never becomes too big to fail, that benefit aligns closely to investment.
• Stakeholder Communication: Maintain effective communication with key stakeholders, including Technology Executive, Business CIOs, and colleagues, to keep them informed about the progress and benefits of the transformation.
• Financial Motivation: Manage the process for motivating for investment for strategic initiatives across the ESPO to ensure the funding to drive out the technology infrastructure strategy.
• Quality Assurance: Implement quality control measures to ensure the Transformation initiative meets the highest industry standards and regulatory requirements. Leverage the advisory board that is established, and as necessary conduct the assurance required.
• Performance Evaluation: Monitor and measure the effectiveness and impact of the Transformation after implementation, making necessary adjustments and improvements.
• Platform Readiness: Transform the technology capability so that it is fit for purpose in terms of speed, cost effectiveness and agility for the iterative rapid pace delivery approach. Work with the owner of the technology platform to achieve this.
• Leading Talent: Direct the development and implementation of talent across the portfolio to ensure the achievement of the people strategy in line with our purpose, values and culture.

Preferred Education

• Bachelor's degree in Technology, Business, Finance, or a related field (Master's degree preferred).

Preferred Experience

• Proven experience in implementing large scale Transformations within a Tier 1 Bank.
• Proven track record of successfully delivering large-scale, complex, and strategic technology initiatives.
• Experience with technological advancements, digital transformation, and innovation in financial services environment.
• Change management experience preferably on a Pan African scale.

Knowledge and Skills

• Strong delivery skills, including experience with agile/iterative approaches to delivery.
• Strong financial and business acumen, with the ability to manage budget, costs, and benefits.
• Excellent communication and interpersonal skills.
• Ability to work collaboratively in a diverse, cross-cultural environment.
• Strong leadership and problem-solving skills.

Education

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