Latest Jobs at Absa

Job Summary

• There is a vacancy in the Prime and Equities PCT team for the role of Product Controller. The overall responsibility of this role includes daily P&L production and balance sheet substantiation, and/ or responsibility for process ownership within the prime and equities desk, and / or involvement in broader, floor wide Product Control initiatives.

Job Description

Production related responsibilities:

• 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

Key Accountabilities:

• P&L production and BS substantiation
• Interaction with key stakeholders
• Process Owner
• Strategic and/or Project and /or Change related Initiatives

Education and Qualification

• B degree/similar qualification in a financial/related discipline with 5 years relevant experience or CA(SA) with 2 years PQE experience
• Investment banking or Product Control experience
• Product specific knowledge
• Experience in creating and maintaining an effective control environment
• Experience with Projects and / or Strategic Initiatives and / or Change Management preferred

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

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Job Summary

• To Support the credit risk process through carrying out comprehensive and quality credit risk functions within the credit lifecycle to create shared growth within the boundaries of internal policies and external regulations

Job Description

• Risk Management: To conduct quality credit risk assessments and reviews, Proactively manage credit risks associated with clients, Develop data driven strategies, facilitate the credit sanctioning process to ensure responsible risk decisions | Data and Systems Management: To produce and analyse relevant management information and insights management | Governance: Ensure the bank's credit, philosophy and all relevant legislation is adhered to | Customer Management: Investigate and resolve all escalated customer complaints | :  | :  | :  | :

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

• Provide specialist advice and support in the implementation/development of operational planning and associated service delivery processes, methods and techniques.

Job Description

The main purpose of the role is to optimise the profit and economic value of a portfolio of clients with high growth potential and commercial banking requirements by focusing:

a) Origination efforts to acquire new clients plus up-selling to existing client base; and

b) Coverage efforts to solution a designated number of clients

Key Accountabilities:

Drive Financial Targets

• Maintain primary ownership of a portfolio of client accounts, differentiated by the level of complexity of the client base.
• Ensure the long-term sustainability of the portfolio by establishing relationships with new clients and solution-based up selling to existing clients.
• Make effective use of the client planning and solutioning tools (Sales tools) to ensure in-depth understanding of client needs, in order to provide clients with the best possible solutions.
• Achieve new business and up-selling sales targets by pro-actively driving cross functional teams (including but not limited to Sector and Product specialists) to find client-centric solutions which must be formalised in strategic proposals and presented to clients in accordance to the distinct Client Value Proposition (CVP)  for Accounts.
• Track and monitor the financial performance of the portfolio by utilising the Sales Funnel and VAPM tools.
• Apply risk-based pricing for all new sales and pricing reviews in line with the RB pricing policy.
• Operate and position RBB in a dynamic and highly competitive market place by interacting with all relevant stakeholders driving key initiatives to secure client retention and growth.
• Achieve sales targets relevant to the strategic initiatives and drivers of the Accounts portfolio.

Relationship and Service Management 

• Actively develop strong advisory client relationships with key decision makers, utilising the networking skills of senior RBB Executive where the opportunity arises.
• Conduct regular client visits in accordance with the Account Value Proposition and initiate changes to RBB Product by providing input into product development to better service our clients.
• Prepare holistic, comprehensive, high quality call reports for distribution to all relevant stakeholders and Credit Analyst to shorten the lead-time of credit applications.
• Make use of middle- and back-office support networks to ensure effective on-boarding and complete end-to-end service delivery.
• Take ownership of client complaints that originate from the RE's area of responsibility and accountability and log on to the Client Compliment and Complaints system as per the prescribed policy and procedure guidelines. This will allow business to track actions to improve on service levels.
• 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. Stay abreast of new industry developments and clients' market position.
• Take actions to build and maintain sustainable client relationships that continuously create sustainable value for RBB.

Manage Risk Assessment 

• Adhere to the bank's policies and procedures and ensure compliance.
• Take ultimate ownership of the portfolio's risk management by ensuring a good understanding of both the Bank's and the clients regulatory and compliance environments.
• Responsible for the obtaining and scanning of all KAMLS and other on-boarding documentation relevant to the deals that the RE has on boarded.
• Ensure that all outstanding collateral conditions are met.
• Manage high credit risk clients in conjunction with the credit team by conducting regular client reviews.
• Apply appropriate solutions according to the risk profile and credit appetite within the industry.

Drive Team Work

• Co-operate and work well with others in the pursuit of organisational objectives and team goals. Attend team meetings and contribute fully, including suggestions for ways of improving customer service and meeting targets.
• Communicate concerns or challenges that derive from team interactions in a constructive and positive manner.
• Share information and make others aware of information that may be useful to them.
• Develop supportive relationships with colleagues and create a sense of team spirit.
• Develop and maintain contacts with Specialists in other areas of RBB and the Group.

Self-Development 

• Attend relevant economic environmental business forums to be able to raise client conversations to a strategic level.
• Subscribe to relevant segment specific initiatives and apply this knowledge to act on opportunities to maximise revenue and profitability.
• Take responsibility for personal learning to help develop pro-active career and life attitudes.
• Keep abreast of regulatory changes through regular training.
• Monitor available L&D courses to develop your own training whilst helping others in the team to develop theirs.
• Demonstrate the willingness and ability to perform to the very best levels to ensure personal alignment to ABSA's values and vision.

Competencies:

• Values Driven
• Digitally Empowered
• Customer Obsessed
• Exceptional Team Player
• Creative Problem Solving
• Drives Results
• Pan African Citizen

Minimum Requirements

• B-degree in commerce/marketing/ finance (NQF 7)
• 5-8 years of sales and financial experience in a commercial banking environment.
• At least five (5) years experience and knowledge in the dynamics of the market place and industries (global, regional and local)
• At least five (5) years experience in 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 evaluating and understanding complex company financials and other economic trends.
• In-depth understanding of credit solutions - Internal networking / credibility
• At least five (5) years experience in structuring a good complex credit solution and guiding the credit process with the required parties

Preference will be given to South African Citizens and Permanent residents of South Africa in possession of proof of permanent resident status.

General

• The appointment will be made in line with the Divisional Employment Equity strategy.
• There is no referral payment option with this requisition.

Education

• Bachelors Degree and Professional Qualifications: 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

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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

• Manage the people-side of change on medium to high complexity projects within specific organisational settings, by identifying and addressing the human risks involved in implementing the change, enabling impacted stakeholders to ensure adoption, embedment and proficient utilisation of the change/s.

Job Description

• Manage the people-side of change on medium to high complexity projects within specific organisational settings, by identifying and addressing the human risks involved in implementing the change, enabling impacted stakeholders to ensure adoption, embedment and proficient utilisation of the change/s.

Establish people change context:

• Ensure the Accountable Executive (AE) is enabled & coached to ensure visible and active sponsorship
• Drive people change related input in the design of Case for Change (C4C)
• Analyse stakeholder information to ensure stakeholder ecosystem mapped, identified and classified
• Determine anticipated people change impacts across specific organisational settings to mitigate people change risks
• Conduct Change Readiness Assessment (CRA) to determine change readiness and appetite for change
• Ensure appropriate People Change Management (PCM) resource structure to ensure adequate allocation of change resources to deliver the change initiatives
• Contribute to budgeting process for People Change Management (PCM) initiatives

Develop people change strategy and plans:

• Develop people change strategy & plans to ensure change adoption and embedment
• Ensure people change strategy & plans align with project plan and approach
• Develop the AE Roadmap for the change ecosystem to ensure visible and active sponsorship
• Develop People Change Management (PCM) Dashboard & Tracking Methods for consistent change execution
• Establish & activate Change Agent Network, if applicable, to land the change across specific organisational settings

Implement change management strategies & plans

• Implement and track PCM strategy & plans to ensure change adoption and embedment
• Coach & enable AE to ensure visible and active sponsorship
• Track, measure & report on PCM outcomes to identify and mitigate people-related risks in change delivery
• Manage Change Agent Network, if applicable, to land the change across specific organisational settings

Implement change reinforcement & embedment strategies & plans

• Perform business change compliance audits & gap analyses across specific organisational settings to mitigate embedment risks
• Perform impacted stakeholder satisfaction assessments to determine future PCM improvements
• Perform a lessons learned retrospective for PCM organisational learning
• Analyse the change benefits realised in relation to the People Change effort (if possible) to measure the PCM ROI
• B Degree & Hons in field of Human Sciences, Post-graduate qualification in a related field (Business Administration)
• 5 – 10 years in people change management domain in a project environment

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 develop a functional human resources operating model and framework in a broadly defined business functional strategy; enabling horizontal implementation and adoption.
Job Description

Roles Specifications:

• X2 Regional Coverage
• X1 Non-Banking Financial Services
• X1 Head Office Functions

Commercial awareness and strategic partnering:

• Demonstrates a deep understanding of the global market place, competitive position and commercial drivers for a complex, large scale business.
• Uses business acumen/perspective to translate the Business Unit strategy into a clear people agenda within the direction set by the bank and global People Function for a business with multiple core lines of business.
• Is a strategic partner to the Business Unit Functional Leaders in a fast moving, complex and developing environment.
• Uses analytics, data and trends both internally and externally to diagnose Business Unit issues and recommend effective solutions.
• Manages external networks and is well connected in the appropriate bodies to shape the external perception of Absa Group Limited to be in a position to attract the best capabilities to the organisation and have influence in the market place.
• Articulates strategy and is able to translate into actions and results for the function.

Trusted Advisor:

• Owns the relationship with the Business Unit leadership as a trusted advisor.
• Exemplary coach and sounding board to the senior leaders in the business.
• Demonstrates influence and credibility with senior leaders across the business.
• Actively assists the senior leaders to build the effectiveness and develop the top team appropriately.

Ownership of the end-to-end HR delivery:

• Operates as the relationship manager for the customer base and is responsible for brokering People Specialist and Operations to execute on the defined people strategy.
• Works with the Business Unit leadership to identify and develop talent and robust succession for the area.
• Has a high level of focus on customer relations. Drives a culture of customer centricity and responsiveness across all People Function teams.
• Able to prioritise, manage and lead a team of specialist to deliver across a Pan African agenda.
• Drive the delivery of key People initiatives through employing the appropriate change and project management disciplines across the People value chain.
• Takes the business priorities and translate these into People Strategies and takes end-to-end ownership for delivering the following key People processes to their client by undertaking the following:
• Translate business strategy into people strategy and ensuring that workforce planning is embedded whilst providing People analytics that deliver relevant insights.
• Support and drive major change and People Function Projects.
• Specify capability gaps and define talent pools in conjunction with the Functional Leader. Takes ownership of strategic resource planning and delivery and participate in executive and senior role hiring.
• Takes responsibility for Business Unit talent reviews, succession planning activities and talent and capability development.
• Deliver Leadership and Learning programmes via specialists, specifies internal capability gaps and ensure relevant assessments, development and coaching in place.
• Drive the Business Unit reward and performance strategy and provide input and manage the executive compensation and ownership of pay cycle and reward plan delivery.
• Ensure effective employee engagement for the Business Unit in conjunction with the Functional Leader, supporting the People Operations planning and service quality management.

Leading teams:

• Ensure the development of a high performing team through embedding formal Performance development and informal coaching.
• Determine and analyse training and development needs for team members.
• Establish and maintain a succession plan for the team using the formal talent management process.
• Interview and recruit direct reports.
• Develop appropriate engagement plans to drive heightened employee engagement.

Finance and Risk Management:

• Sets the people risk philosophy and principles for the People Function.
• Understands cost drivers and manages budgets successfully.

Minimum Education and experience required:

• Minimum B-Degree (NQF level no.7) desired Post Graduate Degree (NQF level no.8+)
• 10+ years professional experience of which 5 years Banking experience at an Executive Level
• Leading People Function teams within end to end lending businesses

Knowledge and Skills:

• Experience in business transformation partnerships that led to exponential business growth
• Experience in commercial innovation environments
• Broad people management knowledge including strategic, commercial, legal and operational aspects
• Ability to build, develop & lead professional level teams
• Understanding of the financial services sector within a professional business environment
• Sound knowledge of people change management

Competencies:

• Business Acumen
• The ability to understand financial and economic concepts. Drivers; to identify, create and/or exploit opportunities.

Strategic Capability

• The ability to continuously evaluate and redirect business strategy and value proposition thereby promoting the competitive viability of the organisation.

Customer Focus

• Ensure Extensive understanding of best practices for a customer focused culture and the management of customer. Colleague experiences.

Results Orientation

• The ability to set ambitious goals, maintain a bias for action, drive delivery and take accountability for the outcome.

Innovation Leadership

• Demonstrates ingenuity and curiosity to do things better and fosters an environment of disruptive thinking and action

Problem Solving Leadership

• The ability to analyses and quickly grasp the implications of a situation, relating data from different sources, critically evaluating and integrating information/ facts, and diagnosing a problem.

Inspirational People Leadership

• The ability to build, inspire, and develop teams towards high performance

Collaboration and Influencing

• Ability to build an extensive collaborative network amongst different stakeholders within and without the organisation (at the most senior levels) that supports the achievement of business goals

Education

• Postgraduate Degrees and Professional Qualifications: 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

The Premium Acquisition Banker is responsible for actively pursuing sales growth (volume and value) and service delivery competitiveness by: 

•     Full accountability for owning & the delivery on all individual performance targets for the allocated portfolio of internal and external sales activities
•     Continuous collaboration with key internal and external stakeholders, solving for Business(B2B) and Business to Customer(B2C), and Personal Banking Sales solutions
•     Uphold sales disciplines required to create and maintain sustainable relationships in relevance to customer and Pipeline Management
•     Proactive planning, solutioning, customer acquisitions management and relationship management 
•     Educate customers on Absa’s value proposition and digital adoption in area.
•   
•     Represent ABSA as an Ambassador and Execute on Regional strategy with regards to external activities  
•     Actively contribute to Regional Performance through participation in regional (across BU’s) through regional activities/partnerships against defined outcomes based objectives.

Job Description

Planning and Growth

• Accountable for achievement of sales performance objectives in terms of sales solutioning for Core Middle Market and Retail Affluent Sales, solving for Business(B2B) and Business to Customer(B2C), and Personal Banking Sales solutions
• Actively attract new to bank clients and deliver sales growth in targeted segments by driving and converting internal and external sales opportunities
• Maintain and build existing customer portfolio of designated area/branch through proactive cross-selling activities
• Proactively plan for new sales acquisitions, and drive cross-sales to deliver on end-to-end fulfilment on sales and service targets
• Work across RBB BU’s (liaise) and coordinate sales and service opportunities (e.g. External Sales, Relationship Banking, AVAF, H/L etc.)
• Proactively identify cross sell opportunities of customer portfolios within respective branches/area and  execute on customer engagement plan
• Analyse sales achieved against targets agreed on a daily basis for new and existing clients. Discuss with the line manager, and include action plans to address any shortfalls in sales
• Establish networks to identify opportunities (e.g. events and forums) to support regional/area plan for sales delivery  
• Execute on internal and external sales campaigns and initiatives, in partnership regional and relevant HO teams
• As part of sales activities, collate, post-assessment of regional activities (internal and external), and provides insightful feedback to drive and inform enhancements in sales and service
• Implement a customer portfolio based plan to drive cross-sell, channel migration and relationship management in alignment with Regional business objectives
• Pro-actively schedule client engagement appointment based on customer assessment, needs analysis and sales opportunities
• Effective Time Management through daily sales planning, sales monitoring, sales activities and pipeline growth
• Ensure you act in line with the PC Sales Disciplines and New Ways of Work Framework

Customer and Stakeholder Management

• Apply high quality of after-sales care and relationship management to all new and existing RBB customers, within portfolio/area
• Proactively engage customers on needs analysis, as well as, products and services and then enable the delivery of an end-to-end client solution through a thorough understanding of Absa products and channels
• Diligently apply sales and service standard principles in execution of business objectives
• Execute holistic service and customer experience for all clients aligned to the overall PC sales and service principles and methodology 
• Professional represent and act as a Brand Ambassador for the Absa business in all (internal and external) engagements/activities
• Manage customer experience feedback (complaints and other) and ensure effective resolution at first point of contact or within SLA
• Consistent engagement, with active participation, in internal and external stakeholder engagements, supported by effective two-way communication, and feedback processes

Colleague

• Plan, communicate and execute internal and external sales activity, through close liaison with team relevant members
• Act as backup for other team members, as part of business contingency plan.
• Monitor Individual Sales Performance and support peers towards attainment of Team performance 
• Identify process efficiencies and share best practices within the Sales team 
• Proactively network & research to stay current on key areas of expertise 
• Live the Absa Values and support colleague  engagement through positive and collaborative team behaviour

Risk and Regulatory Management

• Ensure the mitigation of all related operational and business risks, and that processes are adhered to in compliance with all Absa's policies and procedures at all times
• Ensure that all sales tools are optimally managed, including software updates, operational requirements and ready to work procedures. 
• Understand and manage risks and risk events (incidents) relevant to the role, and proactively escalate to Line Management to support risk mitigation

Education

• National Diplomas and Advanced Certificates: Banking (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 provide project management services and to develop, maintain and enhance operational business relationships.

Job Description

• Project Management: Monitors the progression of a project at every stage and ensure that the objectives of a project are meet | Quality Assurance: Maintain a desired level of quality in a service or product, especially by means of attention to every stage of the process of delivery or production | Meeting deadlines: Completes task timeously | Stakeholder management: Ensure that stakeholders are identified and engaged | : | : | : | :

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