Fleet Risk Consultant at Absa Group Limited (Absa)

Job Summary

• To apply knowledge and experience in quoting vehicle restructures accurately. To ensure that controls are in place to ensure that the rates provided are up to date and accurate. Identifying opportunities to leverage technology and improve existing processes.

Job Description

Restrutuctures – Residual Values and Maintenance Rates 

• To review residual values that are generated for vehicle resturtures and ensure that they are in line with the contract.
• To timeously and accurately quote on vehicle restructures per client request.
• To ensure that vehicle restructures are profitabel to the AVMS business.
• To understand the formulations and assumptions made in the claculations of vehicle retsructures,
• To review requests and provide the relevant stakeholders with approporiate recommendations on vehicle retructures and how best to structure their vehicle contracts.
• To align to quality assurance process to ensure that all work conducted is verified.
• Exceptions management – managing excpetion and bulk requests accordingly.  

Reporting 

• To monitor and report to relevant stakeholders on the resructures quoted that have not been signed or actioned accordingly.
• To monitor and report on run-ons to relevant stakeholders to ensure that vehicles are not overutilised nor to do they run past their contractual months threshold as this has an impact on the residual values table and maintenance income and expenditure.
• To assist with the on-going responsibility to research the leasing market to ensure industry standards are kept in terms of providing input to the business on best practice.
• To monitor and report to relevant stakeholders on actual versus projected risk and maintenance contract results monthly and report.
• To assist with all prescribed AVMS management reports to be provided, be it on a monthly or ad-hoc basis, to the relevant stakeholders.
• To adhere to all audit prescribed requirements.

Teamwork 

• To actively participate by giving contributions on issues and suggestions for problem solving, process improvements, cost, control, etc.
• To support all team members as necessary through sharing of knowledge and best practice or on the job training.
• To set-up and provide a general administrative support capability to the respective reporting line and team
• To provide continuous and timely updates to the Manager Risk on current initiatives and workflow and report any potential issues and hindrance immediately
• To live and demonstrate the Absa values in all areas of your work life.
• To participate in Corporate Social Investment (CSI) initiatives and other team building exercises as and when necessary.

Training and Development  

• To complete 100 % of contracted training and contribute to self-development to enhance your skills and marketability:
• Agree ownership of work as per Performance Development (PD) Plan and be accountable for own performance and development
• Ensure a PD plan is signed for PD calendar year and that the PD reviews are undertaken with team leader/manager in line with the PD calendar.

Competencies 

• Pan African Citizen
• Working in a team
• Adhering to principles and values
• Following instructions and procedures
• Adapting and responding to change
• Coping with pressure and setbacks
• Delivering results and meeting customer expectations

Education

• Higher Diplomas: Business, Commerce and Management Studies (Required)