Job Openings at Absa Group Limited (Absa)

Key accountabilities

• Fraud Risk Governance
• Develop, implement, and maintain the Fraud Risk Governance Framework aligned to enterprise risk management standards and regulatory requirements.
• Ensure fraud risk management policies, standards, and operating procedures are up-to-date, consistent, and effectively embedded across business banking units.
• Chair or represent the function in fraud risk and governance committees, ensuring transparent decision-making and escalation processes.
• Partner with Group Risk, Compliance, and Internal Audit to ensure alignment and assurance on fraud control effectiveness.

Strategic Leadership & Collaboration

• Partner with the Head of Payments Fraud, Head of Lending Fraud, Head of Data Insights & Analytics and Fraud Operations to ensure cohesive fraud risk management across detection, investigation, and recovery functions.
• Lead or contribute to strategic fraud reduction initiatives and digital transformation projects (AI-driven fraud detection, automation, analytics tools).
• Act as a trusted advisor to Business Banking leadership on fraud governance and risk trends.
• Promote a strong fraud risk culture, awareness, and accountability across all levels of the business.

Reporting & Insights

• Oversee fraud data aggregation, analysis, and reporting to senior management, risk committees, and regulators.
• Produce and deliver insightful management information (MI), dashboards, and trend analyses to inform strategic decisions.
• Drive data quality and integrity within fraud reporting systems.
• Translate complex risk data into clear, actionable insights for business leaders.

Risk Assessment & Oversight

• Lead the fraud risk assessment process across all business banking products and digital channels (loans, deposits, trade finance, payments, etc.).
• Monitor the fraud risk appetite, thresholds, and control performance indicators.
• Ensure early identification of emerging fraud threats and oversee the development of risk mitigation strategies.
• Support new product development with fraud risk input and control design.

Stakeholder & Regulatory Engagement

• Maintain relationships with external stakeholders (regulators, law enforcement, industry bodies).
• Influence senior leadership and cross-functional partners including Product, Tech, Operations, Information Security, Legal, and Compliance.
• Provide strategic direction on responses to major fraud incidents, losses, and control failures.
• Manage audit and regulatory interactions, ensuring timely responses and remediation of findings.
• Preferred Education
• Bachelor’s degree in Risk Management, Finance, Accounting, Forensics, Statistics or Business Administration advantageous
• CFE (Certified Fraud Examiner) advantageous
• Preferred Experience
• 10+ years’ experience in fraud risk management, governance, risk reporting, or financial crime risk within banking or financial services.
• Strong understanding of fraud risk frameworks, governance structures, and fraud typologies within business banking.
• Exposure to fraud analytics, data-driven decisioning, control automation and knowledge of fraud prevention and detection systems.
• Working knowledge of regulatory requirements and internal governance standards related to fraud risk.
• Experience in driving fraud governance, strategy, or oversight in a large financial institution.
• Experience interfacing with regulators and senior executives.

Knowledge and Skills

• Commercial Mindset (Senior) – Level 4
• Strategic Leadership – Level 4.
• Technical Expertise – Level 4
• Analytical Thinking – Level 4
• Stakeholder Influence – Level 4.
• Innovation & Change Leadership – Level 4

Education

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

End Date: January 8, 2026

go to method of application »

Key accountabilities

• Fraud Risk Governance
• Develop, implement, and maintain the Fraud Risk Governance Framework aligned to enterprise risk management standards and regulatory requirements.
• Ensure fraud risk management policies, standards, and operating procedures are up-to-date, consistent, and effectively embedded across business banking units.
• Chair or represent the function in fraud risk and governance committees, ensuring transparent decision-making and escalation processes.
• Partner with Group Risk, Compliance, and Internal Audit to ensure alignment and assurance on fraud control effectiveness.

Strategic Leadership & Collaboration

• Partner with the Head of Payments Fraud, Head of Lending Fraud, Head of Data Insights & Analytics and Fraud Operations to ensure cohesive fraud risk management across detection, investigation, and recovery functions.
• Lead or contribute to strategic fraud reduction initiatives and digital transformation projects (AI-driven fraud detection, automation, analytics tools).
• Act as a trusted advisor to Business Banking leadership on fraud governance and risk trends.
• Promote a strong fraud risk culture, awareness, and accountability across all levels of the business.

Reporting & Insights

• Oversee fraud data aggregation, analysis, and reporting to senior management, risk committees, and regulators.
• Produce and deliver insightful management information (MI), dashboards, and trend analyses to inform strategic decisions.
• Drive data quality and integrity within fraud reporting systems.
• Translate complex risk data into clear, actionable insights for business leaders.

Risk Assessment & Oversight

• Lead the fraud risk assessment process across all business banking products and digital channels (loans, deposits, trade finance, payments, etc.).
• Monitor the fraud risk appetite, thresholds, and control performance indicators.
• Ensure early identification of emerging fraud threats and oversee the development of risk mitigation strategies.
• Support new product development with fraud risk input and control design.

Stakeholder & Regulatory Engagement

• Maintain relationships with external stakeholders (regulators, law enforcement, industry bodies).
• Influence senior leadership and cross-functional partners including Product, Tech, Operations, Information Security, Legal, and Compliance.
• Provide strategic direction on responses to major fraud incidents, losses, and control failures.
• Manage audit and regulatory interactions, ensuring timely responses and remediation of findings.
• Preferred Education
• Bachelor’s degree in Risk Management, Finance, Accounting, Forensics, Statistics or Business Administration advantageous
• CFE (Certified Fraud Examiner) advantageous
• Preferred Experience
• 10+ years’ experience in fraud risk management, governance, risk reporting, or financial crime risk within banking or financial services.
• Strong understanding of fraud risk frameworks, governance structures, and fraud typologies within business banking.
• Exposure to fraud analytics, data-driven decisioning, control automation and knowledge of fraud prevention and detection systems.
• Working knowledge of regulatory requirements and internal governance standards related to fraud risk.
• Experience in driving fraud governance, strategy, or oversight in a large financial institution.
• Experience interfacing with regulators and senior executives.

Knowledge and Skills

• Commercial Mindset (Senior) – Level 4
• Strategic Leadership – Level 4.
• Technical Expertise – Level 4
• Analytical Thinking – Level 4
• Stakeholder Influence – Level 4.
• Innovation & Change Leadership – Level 4

Education

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

End Date: January 8, 2026

go to method of application »

Key accountabilities

• Fraud Risk Governance
• Develop, implement, and maintain the Fraud Risk Governance Framework aligned to enterprise risk management standards and regulatory requirements.
• Ensure fraud risk management policies, standards, and operating procedures are up-to-date, consistent, and effectively embedded across business banking units.
• Chair or represent the function in fraud risk and governance committees, ensuring transparent decision-making and escalation processes.
• Partner with Group Risk, Compliance, and Internal Audit to ensure alignment and assurance on fraud control effectiveness.

Strategic Leadership & Collaboration

• Partner with the Head of Payments Fraud, Head of Lending Fraud, Head of Data Insights & Analytics and Fraud Operations to ensure cohesive fraud risk management across detection, investigation, and recovery functions.
• Lead or contribute to strategic fraud reduction initiatives and digital transformation projects (AI-driven fraud detection, automation, analytics tools).
• Act as a trusted advisor to Business Banking leadership on fraud governance and risk trends.
• Promote a strong fraud risk culture, awareness, and accountability across all levels of the business.

Reporting & Insights

• Oversee fraud data aggregation, analysis, and reporting to senior management, risk committees, and regulators.
• Produce and deliver insightful management information (MI), dashboards, and trend analyses to inform strategic decisions.
• Drive data quality and integrity within fraud reporting systems.
• Translate complex risk data into clear, actionable insights for business leaders.

Risk Assessment & Oversight

• Lead the fraud risk assessment process across all business banking products and digital channels (loans, deposits, trade finance, payments, etc.).
• Monitor the fraud risk appetite, thresholds, and control performance indicators.
• Ensure early identification of emerging fraud threats and oversee the development of risk mitigation strategies.
• Support new product development with fraud risk input and control design.

Stakeholder & Regulatory Engagement

• Maintain relationships with external stakeholders (regulators, law enforcement, industry bodies).
• Influence senior leadership and cross-functional partners including Product, Tech, Operations, Information Security, Legal, and Compliance.
• Provide strategic direction on responses to major fraud incidents, losses, and control failures.
• Manage audit and regulatory interactions, ensuring timely responses and remediation of findings.
• Preferred Education
• Bachelor’s degree in Risk Management, Finance, Accounting, Forensics, Statistics or Business Administration advantageous
• CFE (Certified Fraud Examiner) advantageous
• Preferred Experience
• 10+ years’ experience in fraud risk management, governance, risk reporting, or financial crime risk within banking or financial services.
• Strong understanding of fraud risk frameworks, governance structures, and fraud typologies within business banking.
• Exposure to fraud analytics, data-driven decisioning, control automation and knowledge of fraud prevention and detection systems.
• Working knowledge of regulatory requirements and internal governance standards related to fraud risk.
• Experience in driving fraud governance, strategy, or oversight in a large financial institution.
• Experience interfacing with regulators and senior executives.

Knowledge and Skills

• Commercial Mindset (Senior) – Level 4
• Strategic Leadership – Level 4.
• Technical Expertise – Level 4
• Analytical Thinking – Level 4
• Stakeholder Influence – Level 4.
• Innovation & Change Leadership – Level 4

Education

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

End Date: January 8, 2026

go to method of application »

Job Description

Strategic EVP

• As Senior Manager: Payments Operations & Strategy, you will:
• Lead industry-defining initiatives that transform customer payment experiences and deliver measurable business outcomes.
• Collaborate with high-performing teams across Group Payments, Technology, Product, and Strategy to design and scale integrated, modern payment solutions.
• Unlock commercial value by growing transaction volume and value, expanding payments VAS (value-added services), and influencing executive forums (e.g., Payments Council).
• Shape domestic and cross-border payment propositions for PPB and pan-African markets
• Transform at scale, from PayShap and RTC to wallets, ISO 20022 modernization, tokenization, SWIFT, Remittance cross-border modernization and emerging platforms such as Payments-as-a-Service,
• Elevate PPB’s leadership position across South Africa and pan-African markets through ecosystem partnerships and thought leadership.

Strategic Impact Areas

• Commercial Growth: Drive sustained increases in P2P transaction volume and value; develop scalable propositions and pricing that expand revenue.
• Customer-Centric Innovation: Remove friction, reduce failure and dispute rates, and deliver seamless experiences across PayShap, RTC, wallets, card, and EFT.
• Scalability & Delivery Excellence: Ensure PPB’s payment capabilities are built for scale and reuse across channels, segments, and countries.
• Industry Leadership: Shape key themes in the payments ecosystem and influence decision-making in strategic forums and external industry bodies.

Key Responsibilities

• Payments Strategy & Ecosystem Leadership
• Define and execute PPB’s P2P payments strategy aligned to growth objectives and customer needs.
• Partner with Group Payments, Product Owners, Digital Technology, Integrated Channels, Business Banking, and Rest of Africa to deliver integrated, scalable payment solutions.
• Identify industry trends and lead the implementation of strategic initiatives that position PPB competitively.
• Commercial Growth & Value-Added Services (Strategic Influence)
• Influence strategic priorities by partnering with Product Owners and Business Heads to embed payments as a core driver of PPB’s growth agenda.
• Shape commercial strategies that unlock new revenue streams through differentiated VAS (wallets, bill-pay, prepaid, loyalty) and compelling customer propositions.
• Lead executive-level conversations to position payments as a CX and profitability differentiator, ensuring alignment of BOW(payment projects) strategic change investments to high-impact opportunities.
• Champion scalability of payment solutions across PPB and pan-African markets in collaboration with Group and Integrated Channels.
• Identify and close ecosystem gaps that limit commercial potential; mobilize partnerships and technology to deliver end-to-end solutions.
• Govern prioritization frameworks for payments initiatives to direct resources to the highest-value outcomes.

Qualifications & Experience

• Bachelor’s degree in finance, Economics, Technology, Information Systems, or related field; postgraduate qualification advantageous.
• 8–10+ years in payments, banking, or fintech, with proven delivery across P2P, SWIFT, Remittance, PayShap, RTC, wallets, EFT, and card ecosystems.
• Demonstrated ability to translate strategy into measurable commercial outcomes (volume, value, revenue, adoption).

Education

• Bachelor's Degree: Information Technology

End Date: January 9, 2026 

go to method of application »

Job Description

• Financial & General Administration: Attach supporting documentation, i.e. credit approval, authorisation & invoices, signed spread sheet and make copies of all mentioned documentation for audit purposes Provide regular management information update, i.e. invoices paid to Line Manager Attend to queries within 24 hours with regards to incomplete documents, not signed documents etc. and escalate to Line Manager in the event of non resolution
• Take ownership when dealing with customer requests, offer solutions and concludes complaint constructively Maintain financial files and records by safely and systemically storing source documents on files/system Address ad-hoc queries from internal and external stakeholders (e.g. Group Tax, Private Bank Management) by asking questions to ascertain customer needs and respond effectively, ensuring high quality work and by meeting the required deadline Perform general administration duties with regards finance duties | Reporting & Compliance: Prepare weekly/monthly/quarterly reports and report on variances
• Take accountability to ensure that accurate and timely financial reporting obligations are met for weekly/monthly reporting by accurately preparing reports, journals and reconciliations and working with the specified deadlines.
• Prepare the Business Unit Procure to Purchase monthly report and follow up on discrepancies Liaise with Group Sourcing regarding any procurement/sourcing queries raised by cost centre management.ie. non-compliance vendors with Master Service Agreement Assist in the preparation of the Annual Financial Statements for the SBU by collating and submitting information to the line manager. Obtain and keep abreast with all technical and specialist knowledge such as changes to Companies Act, Tax and other standards and legislation applicable.
• Prepare journal summaries for correct reporting in the financial statement Prepare Value Added Tax (VAT) pack monthly in accordance with applicable legislation, ensuring correctness of the packs and timeously submit the pack to Group Tax after review by the Finance manager. Comply with Risk Management principles and Model Risk Policy by understanding and keeping up-to-date with updates on these policies. Keep up to date with changes in accounting standards (IFRS) and other regulatory requirements.
• Prepare attestations for sign off by the Financial Manager, Chief Financial Officer 3 and Managing Executive for submission to Group Regulatory reporting on a monthly basis. Complete the section relating to recons when preparing the monthly Financial Director (FD) attestations indicating compliance with relevant legislation and Group requirements for all financial reporting activities  
• Reconciliation & Budgeting: Prepare monthly reconciliations for all accounts on the General Ledger Control Framework attaching valid supporting documents (e.g. signed off journals, general ledger printouts, etc.) for each recon (i.e.  investigate transactions as required) in accordance with the Accounts and Reconciliation Policy (A&OR). Reconcile the SBU’s bank statement with the internal ledger accounts Reconcile Miscellaneous and other government services transactions Assist in preparation of the monthly/quarterly departmental budgets by collecting and preparing all the relevant information Conduct daily recons on control accounts and action any deviations found, for example when an incorrect GL Account has been debited and a recon has to be done to rectify it. Resolve all unreconciled items from prior month and discuss any long outstanding items with the FMR.

Education

• Further Education and Training Certificate (FETC): Financial Sciences (Required)