Job Opportunities Available at Absa Group Limited (Absa)

Job Summary

• Optimise the profit and economic value of portfolios of Small Business key account clients requiring low to medium complexity commercial banking requirements by focusing: a) origination efforts to quire new clients; b) cross-sell to existing client base; c) coverage efforts to service clients in accordance to the segment CVP

Job Description

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

Education

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

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Job Summary

• To deliver customer support services to enhance the customer experience through the execution of predefined objectives as per agreed standard operating procedures (SOPs). Selecting this role has a compensation & benefit impact in Seychelles. Please contact Reward for details.

Job Description

• Customer Service: Respond efficiently, accurately and courteously to all customer service matters, complaints, requests |
• Support the development and maintenance of processes in Customer Services Centre:
• Adhere to all processes in the CMP Customer Services centre and identify opportunities to improve Client Servicing processes |
• Monitor and control risk associated with the Customer:
• Ensure that all activities performed in providing Customer Services comply in all respects with Absa's risk and compliance policies and procedures as well as legal and regulatory requirements |
• Stakeholder Management: Establish and maintain good professional relationships with relevant stakeholders so as to remain abreast of their needs and issues and respond rapidly and effectively | Self-development: Owning and being proactive about own training and development | : | : | :

Education

• Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)
   

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Job Summary

• The purpose of the role is to coordinate relevant business unit Capital Management within the CIB capital management team. The main focus area of Capital Management is capital demand management and risk adjusted performance metrics.

Job Description

Accountability: Delivering superior returns

• Partner with business to ensure reliable and relevant capital information is provided
• Ensure the above objective is achieved within the approved Regulatory Constraints and Risk appetite, with a particular focus on capital.
• Maintain Capital Optimization Key Performance Indicator (KPIs) within these above two objectives and implement measurement and gap analysis by business clusters.
• Drive Capital Management Optimization initiatives.
• Provide decision support that is business enabling and solution orientated.
• Partnering with business on financial outcomes of decisions, with pro-active identification of value destroying behavior.
• Review current developments, internationally and nationally.

Accountability: Drive for Efficiency and Scalability

• Ensure applicable Capital management frameworks are implemented and maintained at relevant business unit level to support the capital optimization process
• Drive the change management requirements of capital management
• Maintain all prototype solutions to maintain the capital optimization framework
• Calculating and monitoring the risk adjusted performance metrics for each relevant business unit business area
• Provide challenge to each business area on the opportunities to maximize the return on capital demand
• Provide input on into various Committee meetings including the Fincom and Treasury committee
• Preparation of MI for effective decision making

Accountability: Capital and Risk Management

• Ensure adherence to capital management policies and limits
• Introduce management measures to ensure Capital optimization KPIs are maintained and driven to success across relevant business units
• Manage appropriate action plans are put into place to close gaps identified, as part of the existing MTP and strategic planning process
• Keep the relevant business unit Exco informed and engaged through treasury committee and outside of that as and when required
• Keep management informed of progress in Capital optimization processes.
• Engage relevant business unit Exco through cluster capital management committee or Alco and also directly with cluster teams and personnel

Education and Experience Required

• Chartered Accountant or Qualified Actuary or Master in Business Administration (MBA)or equivalent NQF level 7 qualification or higher
• Seven (7) years’ experience within strategic fields within banking, covering Treasury or Balance Sheet Management, at a senior level
• Proficient in MS Office (Word, Excel, PowerPoint and Outlook) and the Internet

Knowledge & Skills:

• Excel (Advanced)
• Powerpoint (Advanced)
• Regulatory Environment (Advanced)
• Balance sheet management (Advanced)
• Project Management (Advanced)
• Prototype development (Advanced)

Competencies:  

• Entrepreneurial and commercial thinking
• Leading and supervising
• Adhering to principles and values
• Relating and networking
• Formulating strategies and concepts
• Deciding and initiating action
• Creating and innovating
   

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Job Summary

Absa Everyday Banking Core Customer (CIF)

• The Core Customer Cluster including all Customer Information and Linked Accounts profiles for all Products Division within Every Day Banking Core Technology,  Is looking to engage with talented Mainframe Enthusiasts with expertise in the COBOL fraternity to enable our Technology Capability to support the Bank’s Interfaces, back-end functionalities. If you are looking for an innovative environment working within a dynamic Team then come join us!

Job Description

Critical Skills required:

• Support, development and enhancements to the production environment following SDLC 
• Apply critical thinking to contribute to all phases of quick problem solving and business request handling
• Apply critical thinking to contribute to all phases of the development lifecycle & quickly produce well-organized, optimized, and documented source code to deliver high-performing, scalable, enterprise-grade applications.
• The role includes Production support i.e. 24/7 Standby responsibilities. 
• Tune, enhance and maintain existing production processes. 
• Banking industry experience required, Absa experience a plus

What you need to get in:

• BSc Computer Science, or equivalent three-year qualification
• Min 5 years’ experience in a COBOL role
• Cobol, JCL, Easytrieve, IMS, DB2 
• Experienced in mainframe environment 
• Further exposure in Java and Datapower experience is a plus 
   

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Job Summary

• Part of the development team that performs development and continuous enhancement of Corporate and Investment Banking models for various asset classes such as large corporates, SMEs, Specialised lending etc. by taking part in the entire credit risk model build, implementation, monitoring and governance lifecycle.

Job Description

• Develop models in-house by ensuring model build data are of sufficient quality, completing statistical data analysis and producing detailed model build documentation while conforming to the governance structures.
• Ensure successful implementation of models by assisting the model implementation team through answering technical questions around the model workings (inputs to the model, calculations performed, etc.) and assisting with testing to ensure the model is implemented correctly.
• Be part of the model monitoring process and continuous review of in-use models to ensure these are still performing to expectation and fit for continued use.
• Develop theoretical understanding and practical application of model development methodology through model building and application experience. Ensure full governance processes for modelling are complied with from model inception and build through to validation and sign-off by completing all relevant documentation according to the Absa Model Risk Policy. This includes responding to independent review questions and reworking the model build to include issues raised.
• Communicate results and recommendations from analyses and modelling undertaken to other areas of Group Credit Risk, SBU’s & cluster by tailoring the interpretation to the audience and using appropriate presentation technology and templates.
• Actively engage stakeholders (model users, validation team, monitoring team, regulators) to be fully engaged in process and delivery through email discussions, group meetings and one-on-one discussions.
• Contribute to the development of a high-performance culture.
• Ensure best practice modelling and monitoring techniques are in place.
• Participate in planning, resource allocation, training and team-building functions.
• Be able to delve into data analysis, data manipulation, and the application of statistical and machine learning techniques.
• Proficient in at least one of the following programming languages-SAS, SQL, Python, or R.
• Possess at least a degree in Mathematics, Actuarial Science, Statistics, Business Mathematics and Informatics (BMI), or a related field.

Education

• Bachelor's Degree: BMI - Business Management and Informatics (Required), Bachelor Honours Degree: Actuarial Science

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Job Summary

• Do you want to step into the world of corporate and investment banking, learn different skills and jumpstart your career in financial services? We are looking for top-performing, newly qualified CAs to participate in a unique two-year rotation-based opportunity at Absa Finance Corporate and Investment Banking. This is a permanent position with a twist! We want the achievers, the changemakers and those ready to be a star in their story.

Job Description

• This highly interactive, stimulating and fast-paced opportunity will stretch you and give you exposure to different areas of finance with senior stakeholder engagement. Rotations take place every six months, exposing you to the functions that make up the fundamental building blocks of finance. We will provide opportunities for continuous learning, career development and personal growth that match your aspirations and potential. We promise clear, supportive leadership and a collaborative, values-driven culture where we work together to create environments in which people can contribute and achieve excellent results.

Requirements:

• CA(SA) Qualification (December 2024/ January 2025)
• South African citizen
• Location: Johannesburg based or willing to relocate at own cost
• Outstanding Performance: Highly rated by previous employer
• Audit Firm Experience: Preferably from a top 4 audit firm
• Financial Services Focus: Articles in financial services or strong interest in the field
• Exam Success: First-time board passes
• Academic Excellence: Top academic achievement
• Leadership: Strong track record
• Availability: Ready to start February 2025

CV must indicate the following details

• Academic/ leadership achievements (indicate first/second attempt pass)
• Industry and company of audits conducted
• Types of audits conducted
• Attach tertiary academic transcripts

Education

• Bachelor`s Degrees and Advanced Diplomas: Financial Sciences (Required)
   

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Job Summary

• Are you currently responsible for the administration and reporting of all Custody and Trustee-related transactions within an Investor Services Operations function? If yes, then we are looking for an Operations Administrator who will play a crucial role in processing, monitoring, and reporting all Custody and Trustee-related transactions within our Investor Services Operations function. To ensure seamless execution while maintaining compliance with regulatory requirements.

Job Description

Your key responsibilities will include the following:

Operations:

• Administer all transactions relating to AIS products and services.
• Identify and drive operational efficiency.
• Monitor all transactions to ensure that the required standards of work are met during execution.
• Ensure all transactions are executed within the relevant cut-off times.
• Adhere to defined quality standards and standard processes to avoid risks to the bank through effective and efficient monitoring of transactions.
• Escalate all issues that cannot be resolved to the Team Leader and Operations Manager immediately. eg: potential losses, client claims.

Risk Management and Compliance:

• Identify and escalate real and potential risks to the Operations Manager.
• Design and implement risk reduction, mitigation and avoidance measures to address potential or identified risks
• Maintain a good understanding of all governance applicable to AIS Operations
• Comply and adhere to all internal audit and compliance requirements.

Collaboration and Relationship Building:

• Develop and maintain networks within the Absa Group across operational areas.
• Maintain high personal visibility with crucial influencers within the bank and externally promoting the credibility of self and the business’s growing capabilities.
• Maintain an excellent understanding of technical expertise and remain up to date with relevant market knowledge.

Customer Service:

• Ensure that the team delivers Excellent Service to all clients within agreed SLAs, by monitoring performance and tracking daily queues
• Meet customer needs through the effective and efficient resolution of customer queries.

Send in your application if you have the above experience and meet the below requirements:

• Diploma / Certificate NQF level 6
• 5 years or more Custody Operational Processing experience
• Knowledge of regulatory and statutory requirements: Strate Rules

Education

• Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)

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Job Summary

• Manage and grow a portfolio of high-net-worth clients, trusts, investment holding companies and businesses, servicing their local and offshore investment and fiduciary needs. Formulate plans for client acquisition, including collaboration with internal stakeholders and external lead providers.  Operate as part of a multi-disciplinary team to deliver holistic client solutions to meet clients’ investment, advisory, banking and lending requirements.

Job Description

• Portfolio Management: Ensure client portfolios are managed in accordance with the recorded mandate and aligned with the strategic asset allocation guidelines, conducting regular client reviews and delivering on client objectives.  Client facing role requiring proactive client engagement, portfolio performance management, reporting and executing of client requirements.  
• Business Development: Client acquisition centered activity to meet both financial targets and new business targets on an annual basis.  Develop strategies appropriate to grow the portfolio of assets under management, aimed at the growth of annuity income, up-front fees and advisory income.  
• Risk Management: Ensure that portfolio meets the required risk management standards, according to compliance guidelines and the in accordance with the established advisory processes and procedures.  
• People Management: Coach, mentor and manage administrative support staff towards driving business objectives and ensuring colleague development (where applicable). 

Education

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