Jobs Available at Absa Group Limited (Absa)

Job Summary

• Formulate tactical strategy and associated delivery plans related to single practice areas. Ensure proactive integration and operational tactical enhancement.

Job Description

• People Management: Coach, mentor and manage team members toward driving business objectives and ensuring colleague development
• Compliance and Risk Management: Fulfil all activities in adherence to relevant control and compliance requirements, and quality standards
• Business Management: Manage the levels of performance and service standards that need to be achieved by translating the Business Unit’s strategy into achievable objectives and contracting these through the Performance Development process for the team.
• 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.
• Customer Experience: To provide service excellence and achieve customer satisfaction

Education

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

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Job Summary

• This role involves the implementation of processes that ensure the integrity of the Balance Sheet, identify/evaluate and report risk items in the Balance Sheet to enable management to make decisions and take actions where necessary. Part of this is providing commentary on Balance Sheet movements for the Regulators as well as used in the Briefing notes on the external results.
• Develop an in-depth knowledge of the financial reporting systems and processes that operate across businesses. Develop an understanding of the Groups Financial Reporting policies and risk management frameworks to assess Financial Reporting Risk. It requires analysing key risk information, identifying financial reporting risk, as well as escalation, via the appropriate governance forums, of significant findings to finance management and the business.

Job Description

Coordination of External Financial Reporting Risk (FRR) and ownership of the Balance Sheet Attestation Tool (i.e., Consigno) across the Group:

• Ensure the operation of a robust FRR Governance process, including the review and consolidation of information and the production of management information required for FC attestation, AFRC and other forums (e.g., GLRS’s) across all clusters, countries, and entities.
• Full understanding of the allocated business or cluster Balance sheet through performing monthly analytical review and variance analysis and through discussions with business. Provide output of analysis to stakeholders.
• Support Business Unit owner for Consigno and other Financial Reporting attestation processes. This includes monitoring of system performance, and co-ordination of remedial actions for system failures and other issues.
• Provide appropriate management information to process owners for consideration before communication to Finance Management on the assessment of FRR, ensuring accurate and validity of information and high quality and appropriate commentary.
• Ad hoc projects that require timely and sustainable resolution.
• Produce management information packs and presentations to support the risk assessment of FRR to relevant Risk Committees.
• Produce and communicate appropriate Key Risk Indicators (KRI’s) to monitor the level of financial reporting risk and effectiveness of controls, to ensure that the Key Controls are appropriately implemented and understood by stakeholders.
• Monitoring and tracking remediation plans resulting from the above.
• Engaging with external auditors on Financial Reporting Risk.

Coordination of Monthly, Quarterly and Annual commentary on Balance Sheet movements:

• Obtaining commentary at reporting periods on relevant clusters to be used by senior stakeholders as part of the briefing notes on Balance Sheet movements.
• Obtaining commentary and articulating this commentary to be suitable for commentary sent to the Prudential Authority (PA).
• Providing suitable answers to the PA on questions raised on Balance Sheet movements in the regulatory returns.

Understand of the Groups Financial Reporting processes, systems, Controls, policies and frameworks:

• Develop an appropriate knowledge of the financial reporting systems and processes that operate across businesses within Absa.
• Develop a working understanding of Absa Financial Reporting policies and risk management frameworks in order to assess compliance in relevant areas.
• Provide support for Financial Reporting policies and risk management frameworks.
• Input into the operational planning of assurance and conformance testing plans to support risk assessments; and
• Assist business to document action plans for risk mitigation identified during Analytical review, GLRS’s, conformance testing or in the KRI process.
• Provide training on Financial Reporting policies and risk management frameworks.

Provide support to other process executors through motivation and employee engagement:

• Understanding and managing team dynamics to maximise performance.
• Escalate issues around allocation of resources to process architects’ tasks to ensure delivery of team objectives.
• Ensure continued development of resources, through couching and mentoring, to empower value added delivery of tasks.

Process Execution: Provide inputs and execution of quality control and process improvements:

• Ensure alignment of process with organizational strategy; take accountability for relevant processes within area of responsibility and ensure delivery and maintenance of standardized processes and controls.
• KPI's, and performance management thereof.
• Constantly review and improve processes (automation included) to drive and implement a sustainable and effective process in support of quality and accuracy.
• Drive sustainable cost and processing efficiencies through continuous innovation, industry benchmarking and alignment to best practices.
• Recommend areas for improvement in order to reduce cycle times, improve productivity, create capacity, and improve process reliability and customer satisfaction.
• Management of relevant executors of processes within ambit of control including coordination and management of capability and performance.
• Assist in the implementation of new and/or enhanced processes.
• Identify activity-specific risks and work with Process Owner / Process Architect to mitigate risks.
• Maintain awareness of own activities and the impact thereof on related / inter-dependent activities.
• Actively supports the operational effectiveness of the Consigno system.

Education

• Bachelor Honours Degree  (Required)

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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)