Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise the possibilities on our continent and beyond.
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Job Description
Accountability: General Administration of Trusts
- Receive and open new file ensuring that all documents received are in line with the regulatory requirements for a Beneficiary Fund Administration.
- Check and ensure that the information received is captured accurately on the Trust system.
- Ensure that all outstanding core documents and information in terms of the Absa Trust Beneficiary Fund Policy is on the file, and if not, that all attempts are made to collect them.
- Make the first call and prepare the welcome pack to be sent to the client.
- Prepare investment proposal for the capital received in trust on behalf of the beneficiaries on the standard model for approval by the responsible person / committee according to the Policy and Investment policies.
- Give the necessary instructions to the Fund Managers to invest the capital in the different investment portfolios as per approved proposal to ensure the correct placement of Investments for the Trust according to the prescribed Investment Policy
- Draft monthly debit orders for maintenance as approved by the Manager/Investment Committee on the Investment proposal. The decision of the maintenance amount is guided by the needs of the beneficiary and recommendation by the trustees. Hand to Trust Manager for final approval and capturing of the payment on the trust system.
- Facilitate ad-hoc payments, like applications for school fees, clothing etc to clients in the same manner as the monthly allowances. Evaluate the requests by considering the trust capital, termination date of the trust, client's circumstances etc.; as guided in the Trust policies.
- Draft correspondence to the guardian of the beneficiaries per letter, sms or e-mail giving feedback regarding the outcome of application for financial assistance.
- Interact via telephone or in writing to provide information regarding the trusts i.e. payments made, investments, etc
- Organize, sort, process and prioritize daily incoming and outgoing mail, e-mails and telephone enquiries from clients to ensure excellent client service and communication regarding their need for financial assistance from the trust.
- Revise regularly the Trust investment portfolios as per the Investment policy and automated investment reports generated from the Trust system on a monthly basis.
- Attend to all monthly reports which ensure high quality administration of the trusts.
- Ensure liquidity of funds on the different trust accounts by giving instructions timeously to the data capturers in the admin team and the Fund Managers when investments should be realised
- Give instructions to the administration department to take distribution fees and management fees when capital was realised to pay for ad hock, maintenance or when the general management fees were not taken automatically by the trust system due to insufficient funds.
- File correspondence, yearend statements and returned Certificates of Maintenance in the Trust file for record keeping
- Trace Beneficiaries which cannot be allocated or whose contact details have changed on the Trust system and letters to the client's last known address. Request Trust Manager to perform a verification search on the ITC-System, if unsuccessful send an instruction to the Tracing Agents for further action and investigation. These methods are also used to follow up regularly on outstanding contact details, bank details and maintenance payments in respect of clients as and when required.
- Draft termination statements, on receipt of termination documentation completed by the trust beneficiary, in order for the Trust to be terminated as per the Resolution received from the Fund and/or as per auto-generated monthly report printed from the trust system
- Process final payments to clients, when the trust has to be terminated, according to the mandate given by the legislation.
- Prepare final letters according to the trust processes as documented in the Trust policies.
- Ensure proper records are kept as per Trust policy and procedures.
- All tasks need to be performed in conjunction with the PD objectives.
Accountability: Client Service
- Interact with walk-in and telephone clients on a daily basis to find out what their needs are and assist them
- Attend to requests/queries received per e-mail or mail to find out what the clients need and assist them in obtaining what they expect
- Keep clients informed of processes, procedures and progresses of their Trust Fund so that they can be updated on income earned, investment made, payments and expenses.
- Adhere to client complaints from Trust Customer care and process within stipulated timeline.
- Adhere to the guidelines of the Service Level Agreement to ensure that Absa Trust is not in breach
Accountability: Investments
- Review and manage all the existing investment portfolios of the trusts as per investment policy.
- Use the prescribed investment model to calculate the optimum investment composition when opening and activating a new trust or reviewing existing trust, on the trust system
- Hand the proposed portfolio to the Trust Manager/Investment Committee for approval according to Absa Trust Policy
- Ensure that the necessary instructions are given to the data capturers in the Admin department and Fund Managers so that the investments are restructured in accordance with the approved proposals
- File investment proposals in the relevant trust file for record keeping purposes
Accountability: Report
- Check and manage all the administration reports which are generated by the Trust system according to the Trust manual on a monthly basis for discrepancies from the norm.
- Indicate on report/s the reasons for discrepancies, sign off the reports and date as per prescribed rules
- Hand over the reports to the Trust Manager on/or before the due date to ensure that the administration of each trust is in line with policy.
Accountability: Beneficiary Holding Account and Office Accounts
- Check the list that is prepared by the Administration Department and follow up on amounts under unallocated funds on a daily basis within the prescribed period.
- Instruct Administration Department to transfer funds to the correct trust account as soon as the service provider confirms with proof of payment that the funds have been deposited so that the trust capital is reflected correctly on the trust system.
- Follow up with Fund if they deposited monies into this account without informing Absa Trust, so that the monies can be allocated to the correct trust account
- Report outstanding allocations to the Trust and Business Development Managers to assist with follow up on the outstanding matters.
Accountability: Year-End Statements
- Check capturing by the data capture staff of transactions throughout the year for correctness.
- All Financial year end statements and confirmation of existence forms need to be prepared and distributed to clients as per the beneficiary fund rules and guidelines.
- Upon receipt of the DHA beneficiary deceased status report ensure termination of all payments to guardians/beneficiary.
Education
Further Education and Training Certificate (FETC): Financial Sciences (Required)
End Date: January 15, 2026
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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)
End Date: January 17, 2026
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Job Description
- Verifying Information: Check different types of information for accuracy and inconsistency | Business Analysis: To provide specialist business analysis to deliver on projects | Meeting deadlines: Completes tasks timeously | Dealing with Stakeholders: Taking responsibility for managing the expectations of stakeholders | : | : | : | :
Education
- Bachelor`s Degrees and Advanced Diplomas: Physical, Mathematical, Computer and Life Sciences (Required)
End Date: January 16, 2026
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Job Description
Reporting & Substantiation related responsibilities include:
- Accounting – posting to the General Ledger accurate and timely information
- Substantiation of the trading balance sheet – ensuring the full trading balance sheet can be substantiated
- Regulatory reporting alignment - ensuring the Balance sheet is aligned to reports send to regulators
- Data ownership – Ensuring the quality and accuracy of the data going downstream to other infrastructure areas
- Control environment – Overseeing the control environment in which the business operates
- P&L review – understanding and providing commentary on the P&L
- In the process of production focus is needed on:
- Reporting – Ensuring reporting is accurate and timely
- Control – Continue to implement the on-going control environment and report any deficiencies or issues to managers
Critical to your responsibilities:
- P&L reporting and BS substantiation
- Interaction with key stakeholders
- Process Owner
- Strategic and/or Project and /or Change related Initiatives
Education
- Higher Diplomas: Financial Sciences (Required
End Date: January 19, 2026
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Job Description
Overall Job Purpose
The main purpose of the role is to provide technical support on complex transactions originating from a variety of Treasury businesses including managing complex change. Overall job responsibilities include:
- Providing support in dealing with the accounting for new transactions (including CIB, Group and client reporting perspective) for all Treasury related services
- Provide leadership to the teams running the central hedge accounting solution and controlling Treasury’s risk under management
- Oversee daily and monthly financial reporting for central hedging and Treasury risk management areas
- Provide technical and transactional support across the Treasury business
- Provide change support relating to complex regulatory or other regime changes to Treasury Finance and Treasury
Accountability: Management of Central Hedging Solution – 60%
- To be responsible for the Group Hedge Accounting solutions owned by Treasury, ultimately to maintain Hedge Accounting at minimal economic impact post, whilst ensuring appropriate & adequate controls and reconciliations.
- Ensure appropriate valuation techniques are applied in order to measure hedged risk.
- Presentation and interpretation to senior management within and outside Treasury of hedge effectiveness results achieved, as well as monitoring of current arrangements to predict expected hedge effectiveness
- Financial reporting and documentation function, ensuring controls are maintained and information reported is accurate and timely.
- Maintain and develop Hedge Accounting solutions and infrastructure as fit for purpose with respect to current Group business mix and within the bounds of existing standards and legislation
Accountability: Providing Technical Advice to Treasury and Other areas – 20%
- Provide ad hoc hedge accounting support to other parts of the Group as the Group centre for excellence, and implement and extend a group wide policy for hedge accounting covering all types of hedge “exposure” including liaising with external auditors to achieve optimum accounting treatment. Support other group areas and areas of Treasury in accounting for Financial Instruments
- A principle point of contact for accounting technical issues in Treasury, providing expert accounting technical and structuring advice across all Treasury pillars and finance disciplines
- Partner across all Treasury pillars on accounting and other regulatory/technical aspects of proposed new transactions, products & process changes affecting the Treasury business
- Assess implications of all capital applications (including liaising with regulatory, tax and other experts across the group as necessary) and co-ordinate response across Treasury Finance and other business finance functions
Accountability: Manage impact of technical change on Treasury – 10%
- Monitor accounting and regulatory change as they relate to Treasury business, communicate relevant changes to Treasury & Treasury Finance teams, assess impact on Treasury business model, systems and processes
Accountability: Treasury Change initiatives – 10%
- Ensure anticipated/proposed change is aligned to internal business strategies and external regulations
- Ensure anticipated change does not adversely impact the hedge effectiveness or economic benefit of deal structure(s)
- Provide technical input and support to change initiatives where necessary
Setting up and chairing of working groups where appropriate
- Provide support to head of change delivery for Treasury
Education and Experience Required
- Relevant finance degree (CA, CFA or FRM).
- +3 years relevant and specific experience in a treasury or markets technical role.
Knowledge & Skills: (Maximum of 6)
- Strong technical accounting and regulatory skills
- Strong understand of derivative valuations
- Strong understanding of hedge accounting and treasury operations
- Exceptional interpersonal and team-working skills and the ability to communicate at all levels
- The ability to work in a pressured and unstructured environment and to cope with the demands of working to tight deadlines
- Performance orientated and client service driven
- Presentation skills
Education
- Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)
End Date: January 21, 2026
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Job Description
Education required:
- B degree in Risk Management/Audit/Technology or equivalent Advanced Diploma
- CDMP (Certified Data Management Professional) will be an an advantage
Experience required:
Note: "Information management" and "data management" are used interchangeably
Competencies:
- Deciding and initiating action
- Persuading and influencing
- Working with people
- Presenting and communicating information
- Delivering results and meeting customer expectations
- Adapting and responding to change
- Creating and innovating
- Risk Management
- Project Management
Key areas of responsibility:
- Actively monitor the implementation and adherence of the data Governance /management policies, standards and processes.
- Actively monitor the remediation of poor data quality
- Provide data governance advice and guidance to the business and stakeholders.
- Provide guidance to support the implementation of the Data Management Policy within the Business Unit
- Develop and maintain good relationships with data governance stakeholders (e.g. BU representatives, IT, data stewards, data owners, business key risk owners etc.) Through on-going interaction.
- Define and receive reports from affected stakeholders and forums to enable the monitoring of data governance progress.
- Represent data management at key forums, provide regular reporting and raise issues and conflicts.
- Escalate unresolved issues to the relevant stakeholders and governance committees
- Manage and track the delivery of the agreed action plans and escalate non-performance and non-delivery to the appropriate forums/structures.
- Identify risks associated with data and address and or report them to the appropriate risk committees or data governance forums.
- Perform high level conformance testing of data management deliveries before business marks delivery as “effective”. (within the business unit)
- Embed Data Governance into the culture by facilitating development and training of new content, templates and how to guides
- Accountable for providing expert advice to inform the effective implementation of data management policies and controls.
- Drive alignment between Data Management leads across the Retail and Business Bank by providing thought leadership and fostering a community of practice through establishing appropriate forums and maintaining effective communication within the community
- Co-ordinate Data Management activities between business areas that support the implementation of relevant policies to ensure consistency and effectiveness across the Retail and Business Bank.
- Drive adoption of data management policies through oversight of delivery plans.
- Drive an effective and sustainable culture that embeds data management policies, controls, and design thinking through continuous stakeholder management and upskilling
- Establish and maintain appropriate forums and communication channels across divisions in the Retail and Business Bank to drive the data management agend
Education
- Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required
End Date: January 19, 2026
Method of Application
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