Job Opportunities at Absa

Job Summary

To provide advice and support in financial practice formulation and associated best practice improvement tactics; enabling the provision of specialist expertise.

Job Description

Overall Job Purpose:

• To provide financial and commercial support and insights to the respective Business Heads (of mainly enabling business areas) through meaningful management accounts, well-coordinated planning process with a focus on efficiency improvement. Large focus on KPI definition and tracking. Helping the respective business environments to improve the cost and efficiency through a thorough understanding of the processes involved.
• This role supports the CFO: ARO RBB in providing finance and commercial support and insights through meaningful management accounts, well-coordinated planning process with a focus on efficiency improvement. Large focus on KPI definition and tracking. The role will help operations; collections; support functions and processing environments on improving the cost and efficiencies through a thorough understanding of the processes involved.
• The Cost Management Specialist provides tactical and practice leadership in the end-to-end financial management of business, including deep dive analytics, generating management reports, statutory compliance, scaling automated financial processes to crafting financial solutions aligned to business financial health and growth objectives within his/her function of the BU. 
• The Cost Management Specialist of the business enables achieving the operational objectives of the business by building an agile finance enablement to transform, to bring stewardship, financial integrity & insights to the current state of the business & its future possibilities to deliver on the new operating model and to achieve the business strategy objectives set by the group. 

Key responsibilities:

Commercial Finance Execution Accountabilities

• Responsible for tactical and practical finance operations relevant to optimize the function to enable business to achieve growth and profitability objectives.
• Ensure that the CFO is appraised of key financial issues that need to be raised with executive leadership to enable integrity and timely management the BU.
• Creating unprecedented, seamless customer experiences via finance BU enablement.
• Embrace our distinctive brand aspiration and infuse in business.
• Identification and innovating global best operating practices to optimize the function.
• Drive continuous process efficiency, financial rigor and controls. Pioneer and implement Finance best practices, digital solutions and effective change enablement. Contribute to building a scalable, digitally led business.
• Deliver on tactical solutions to achieve cost management objectives.
• Adopt what’s ‘best for Absa’ approach in finance practices.
• Take an eco-system view of business, that is, geography, customer, channel and product in consulting with business.
• Book of work contribution: Build innovative finance business case and benefits tracking’s’ solutions to ensure alignment of core business with future business objectives to appropriately inform management decisions.
• Influence optimal and compliant control environment within business unit that appropriately balances risk appetites and customer demand with the need to grow to achieve the financial ambitions and balance sheet aspirations of RBB.
• Contribute to the effectiveness of the core finance processes for RBB Finance (annual planning, forecasting, spend trajectory and reporting).
• Contribute to innovative performance measurement solutions and partner with the business leaders to evaluate their productivity, enable wise resource allocation, and drive intelligent scenario planning.
• Influence a commercial leadership context by presenting business performance in the context of profitability analysis and markets/segments/customers/products to help drive financial growth. Drive the themes of customer value and revenue.
• Influence integration of Treasury, Risk, and Finance from a BU perspective.
• Influence the build of a leading global payments hub, where applicable.
• Maintain stewardship and excellence which drives performance and sustainable growth through preservation of financial integrity.
• Be an active force for good in society through business execution.
• Contribute to BCM & cybersecurity processes relevant to the BU and finance execution.
• Build trust in the finance function through the creation of a single source of financial information which is corroborated by related management information sources.
• Develop innovative easy to comprehend progress reports for leaders on their strategic agenda, short-term and long-term plans and investments, operational success metrics, efficiencies, risks and mitigations.
• Embed the correct governance and control frameworks across the Finance team, as well as for proactively addressing any deficiencies and exceptions.
• Critically assess underlying operational and financial performance in the context of key underlying business drivers and provide leadership with commercial insight into performance.
• Seek advanced modelling and analysis capability to provide actionable intelligence, beyond data within the function.
• Develop finance narratives and insights driving business; and build pioneering new propositions.
• Ensure appropriate, quality and timeous delivery of accurate financial and non-financial management information to support business objectives and expectations, including appropriate financial and non-financial metrics, valid and insightful comments and packaging the information in a relevant and appropriate manner.
• Deliver reporting reflecting deep commercial, holistic understanding, coherency, clarity, and contextualization. Tell the story with passion and conviction.
• Provide thought-leadership, insight, influence and challenge on evolving stakeholder information requirements and reporting processes to deliver analytics.
• Align to processes around month-end, year-end and planning cycles across the RBB finance community and BU based on the requirements from Group. Prepare for all cycles in advance and ensure adequate engagement with the relevant finance and BU teams.
• Manage the production of regular, high quality, standardized financial and non-financial reporting and analytics to Business and Finance; and focus on effective collaborative stakeholder hand-offs in the production.
• Have regular feedback review sessions with key stakeholders to obtain feedback on current outputs produced and to understand requirements for any new requirements.
• Regularly review all outputs produced by the team to ensure that they are still relevant and consistent with stakeholder requirements.
• Proactively challenge the team to identify areas in which the content, presentation or delivery of the outputs delivered by the team can be improved or made more efficient.

Education

• Minimum B-degree (NQF level no.7) Desired Post Graduate Degree (NQF level no.8+), CA (SA) or CIMA or MBA qualification preferred.
• 4+ years professional financial management experience ;4+ years Banking Experience at a management level 

Education

Postgraduate Degrees and Professional Qualifications: Financial Sciences (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

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Job Summary

Our CIB Legal business has an exciting role for a Head of Legal Transactional Banking which will be responsible for the strategic direction and management of the Legal Function in CIB pertaining to Trade and working capital, cash management and investor services.

Job Description

In this role you will work closely with Transactional Banking Legal Teams ensure that the Legal function provides effective legal support and legal risk management of CIB Services and products. You will also work closely with the CIB General Counsel on all aspects of Legal Risk Management in the cluster business unit.

This role is suited to a candidate with a B-degree in Law, Admitted attorney or Advocate. Preferably a Post Graduate diploma or Masters Degree in Banking, Corporate or Commercial Law as well as 8-10 years or more relevant experience as an in-house legal counsel in a financial institution, other corporate, in a reputable law firm or at the Bar.

Education

Postgraduate Degrees and Professional Qualifications: Law (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

go to method of application »

Job Summary

Apply critical thinking & problem solving skills to contribute to all phases of the development lifecycle & quickly produce well-organised, optimized, and documented source code to deliver high-performing, scalable, enterprise-grade applications.

Job Description

DevOps
• Apply critical thinking, design thinking and problem solving skills in an agile team environment to solve technical problems (Front End, Back End OR Middleware) with high quality solutions
• Contribute to all phases of the development lifecycle including
• Evaluate analysis, problem definition, business requirements, solution development & provide recommendations to enable the operational feasibility of solutions
• Quickly produce well-organised, optimized, and documented source code to deliver technical solutions
• Ensure designs & solutions support the technical organisation principles of self-service, repeatability, testability, scalability & resilience
• Apply general design patterns and paradigms to deliver technical solutions
• Support the development of CI / CD Pipelines (authoring & supporting CI/CD pipelines in Jenkins / similar tools and deploying to multi-site Kubernetes environments – supporting and managing your applications all the way to production)
• Use & configure modern observability techniques leveraging e.g. aggregated logging via ELK stack, metrics via Prometheus / Grafana / NewRElic and tracing using Zipkin/Jaeger
• Automate tasks through appropriate tools and scripting e.g. Jenkins, Docker, Ansible, Kubernetes
• Debug existing source code and polish feature sets.
• Work with integrated teams and other developers to improve and evolve technical products and services
• Align all application development & development process to Group Architecture & Infrastructure guidelines
• Provide input into project & program teams (when required) to plan & manage the development lifecycle e.g. releases, risk management, testing, integration etc.
• Conduct reviews, performance monitoring & ongoing optimization and maintenance on applications
• Stay ahead of the curve on emerging technologies and development practices and continuously evolve existing knowledge & skill in preparation for cross domain and other experiences e.g. Secure Side, Testing, Infrastructure solutions etc.
People
• Conduct peer reviews, testing, problem solving within and across the broader team
• Support the people change teams in the development of user material (Customer, Employee & 3rd Party Adoption)
Risk & Governance
• Identify technical risks and mitigate these (pre, during & post release)
• Update / Design all application documentation aligned to the organization technical standards and risk / governance frameworks
• Participate in incident management & DR activity – applying critical thinking, problem solving & technical expertise to get to the bottom of major incidents

Education

Bachelor's Degree: Information Technology

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

go to method of application »

Job Summary

Build high-performing, scalable, enterprise-grade applications & build capability in others to do the same. This includes but is not limited to applying critical thinking, design thinking and problem solving skills in an agile team environment to solve complex technical problems (Front End, Back End and Integration) with high quality solutions & leading all phases of the development lifecycle to deliver.

Job Description

DevOps
• Apply critical thinking, design thinking and problem solving skills in an agile team environment to solve complex technical problems (Front End, Back End and Integration) with high quality solutions
• Contribute to and in some cases lead all phases of the development lifecycle including e.g. design process
• Determine operational feasibility of solutions by evaluating analysis, problem definition, business requirements, solution development and proposed solutions
• Develop high quality software / application design and architecture in a test driven & domain driven / cross domain environment
• Quickly produce well-organised, optimized, and documented source code to deliver technical solutions
• Ensure designs & solutions support the technical organisation principles of self-service, repeatability, testability, scalability & resilience
• Apply general design patterns and paradigms to deliver technical solutions
• Create & Maintain Sophisticated CI / CD Pipelines (authoring & supporting CI/CD pipelines in Jenkins / Azure Devops or similar tools and deploy to multi-site environments – supporting and managing your applications all the way to production)
• Use & configure modern observability techniques to provide a deeper understanding of the application. To do this, leverage e.g. aggregated logging via ELK stack, metrics via Prometheus / Grafana / NewRelic and distributed tracing like Zipkin/Jaeger etc.
• Automate tasks through appropriate tools and scripting e.g. Docker, Ansible, Kubernetes
• Debug existing source code and polish feature sets.
• Work with guilds and other technical SME’s to improve and evolve technical products and services
• Apply unit testing frameworks and perform integration, validation and verification testing (apply knowledge of stubbing tools e.g. wiremock, hoverfly etc.)
• Apply version control and related concepts and techniques
• Align all application development & development process to Group Architecture, Security & Infrastructure guidelines
• Work with project & program teams (when required) to plan & manage the development lifecycle e.g. releases, risk management, testing, integration etc.
• Conduct reviews, performance monitoring & ongoing optimization and maintenance on applications
• Stay ahead of the curve on emerging technologies and development practices e.g. scripting languages, containerization etc.
• Contribute to the design & evolution of Group Architecture, Infrastructure & associated technical standards for the organization
People
• Coach & mentor other engineers
• Conduct peer reviews, testing, problem solving within and across the broader team
• Provide technical subject matter expertise and support in the attraction and recruitment of Product Engineers for the organization
• Participate as a subject matter expert in the development & development planning of the broader product engineering team
• Support the people change teams in the design of adoption processes (Customer, Employee & 3rd Party Adoption)
Risk & Governance
• Identify technical risks and mitigate these (pre, during & post deployment)
• Update / Design all application documentation aligned to the organization technical standards and risk / governance frameworks
• Create business cases & solution specifications for various governance processes (e.g. CTO approvals)
• Participate in incident management & DR activity – applying critical thinking, problem solving & technical expertise to get to the bottom of major incidents
• Deliver on time & on budget (always)

Education

Bachelor's Degree: Information Technology

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

go to method of application »

Job Summary

Optimise the profit and economic value of portfolios of Key Account clients with high growth potential and less complex commercial banking requirements by focusing: a) origination efforts to cross-sell to existing client base; and b) coverage efforts to service clients in accordance to the Key Account CVP

Job Description

• Drive Financial Targets
• Relationship and Service Management
• Manage Risk Assessment
• Develop and maintain contacts with Specialists in other areas of ABB and the Group

Education

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

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

go to method of application »

Job Summary

To establish a supplier network, drafting of contracts and to ensure that formal Service Level Agreements (SLA) are in place for internal and external suppliers and ensuring that any contract gaps are addressed.

Job Description

Accountability: To  ensure an effective and compliant Supplier Management and Contracts environment

• To ensure that all contracts within the BU remain executable as per the services provided through them and that they remain current, relevant and needed. To ensure that services identified as no longer required within the BU are terminated as per the contract terms and conditions, these include; early termination for convenience/breach, formal termination at expiration etc.

• To manage validity, expiration and/or termination, in terms of contract renewals and the drafting of a new contract followed by contract reviews.

• To ensure that all suppliers comply with industry standards and all legal and other requirements.

• To ensure that all contracts meet Absa Legal requirements as well as those of Group Sourcing.

• To establish a library of contractual agreements, that is up to date, available and accessible at all times.

• To support business to ensure costs (the Spend) are contained and aligned with the agreed contractual fees.

• To engage Business Finance for budget confirmation and planning

Accountability: To ensure an effective SLA and OLA tracking is effectively run and maintained on an annual basis

• To establish and ensure that the total spectrum of Service Level Requirements are in place for each Supplier, internal and external to Absa.

• To establish a SLA with every supplier, that is documented and signed by all stakeholders.

• To establish and obtain agreement on service level monitoring procedures and penalties, where required.

• To establish formal procedures and rules of engagement within the SLA. To ensure that these are documented on an ongoing basis and that action is taken to resolve issues.

• To play a central liaising role with regards to resolving problems with suppliers on an ongoing basis (outside of formal SLA monitoring).

• To ensure that all issues are resolved within SLA timeframes and escalate where required.

• To establish a library of supplier agreements, that is up to date, available and accessible at all times.

Accountability: Stakeholder Management

• To foster effective stakeholder management to be regarded as the go-to person within the BU for all Supplier and Contract related issues.

• Continuously engage both internal business partners and external stakeholders across the Supplier and Partner Management value chain.

• Ensure that regular engagements with the Channel Managers and Product Owners take place to ensure an understanding of their upcoming projects (inclusive of the BoW) to ensure timeous Contract and Supplier related issues are dealt with proactively.

• Continuously support and educate business on the Supplier Management Policy (SSMP) requirements, which includes participation in business discussions in order to understand business strategy and to promote behaviour aligned to the SSMP requirements.

• To assist business with the logging of Sourcing and Supplier Management Policy (SSMP) policy breaches and drive remediation action in line with SSMP as and when required.

Accountability: Governance

• To assist with Supplier Audits as and when required.

• Involvement in all Supplier audits and the closure of findings and mitigation of identified risks.

• Supplier Management Monitoring.

• To ensure that appropriate governance is applied to Suppliers and Partners in conjunction with Procurement.

• To oversee that an effective records management process exists and is maintained.

• To ensure that annual and ad-hoc updates of the standard contract clauses are implemented timeously, as per Variation Agreements (VA's).

• To ensure that the electronic contract and SLA register remains updated for all Suppliers and Partners with the BU which includes the tracking of all invoices.

• To ensure that there is regular engagement with the respective invoice processing teams to ensure that the payments terms are met and tracked continuously.

• To ensure compliance with the Sourcing and Supplier Management Policy and it's deliverables, and to participate in projects that are supplier related where required.

​Accountability: People Management

• To manage a team of 4 direct reports.

• To develop a capacitated team.

• Focus on staff development by:

  • Strict application of the end to end PD process.

  • To manage the PD process for every team member according to the prescribed process.

  • Ensure that all roles within my team have an approved Role Profile in place.

  • Create a climate within the area that is fully inclusive and conducive to performance.

• Continuously mentor the team (both direct and indirect reports).

• Delegate tasks to the leaders in the team and support them to succeed without intervening unless there are requests to do so or lack of performance.

Education and Experience Required

• NQF Level 6 Degree in Commerce/Legal or equivalent.

• 3 Years experience in Contract Management and Service Level Management.

• 2 Years experience in co-ordinating and developing Legal Contracts and SLA's.

• 2 Years experience in report writing.

• 1 Years Managerial experience.

Knowledge and Skills

• Computer Literate (MS Office).

• Knowledge of Service Level Management (Advanced).

• Communication (Written and Verbal Skills).

• Problem Solving.

• Negotiation.

• Management Capability.

Competencies

• Working with People.

• Delivering Results and Meeting Customer Expectations.

• Deadline Driven.

• Results Orientated.

Education

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

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

go to method of application »

Job Summary

Optimise the profit and economic value of portfolios of Key Account clients with high growth potential and less complex commercial banking requirements by focusing: a) origination efforts to cross-sell to existing client base; and b) coverage efforts to service clients in accordance to the Key Account CVP

Job Description

• Drive Financial Targets
• Relationship and Service Management
• Manage Risk Assessment
• Develop and maintain contacts with Specialists in other areas of ABB and the Group

Education and Experience Required

• B-degree in (Commerce, Marketing or Finance) (NQF level no. 7)

• 5-8 years sales and financial experience in a commercial banking environment.

• At least five (5) years experience and knowledge on the dynamics of the market place and industries (global, regional and local)

• At least five (5) years experience in understanding and driving business and solution across divisional silos (e.g. segment, credit, product) and product silos’ and access wide set of products (e.g. FX, Trade Finance)

• At least five (5) years experience in analysing and evaluating complex company financials and other economic trends

• At least three (3) years in-depth experience and understanding of credit solutions - Internal networking / credibility

• At least three (3) years experience in structuring a good complex credit solution & guide the credit process with the required parties.

Knowledge & Skills:

• Understand macroeconomic factors in the market

• Good communication and presentation skills

• Ability to organise and prioritise workloads

• Solutioning and negotiations skills

• Quality focused and high standards of control

Education

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

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised