Career Opportunities at Absa Group Limited (Absa)

Job Summary

Support Group Finance Management (FM) with Data and information expertise; liaise with business SMEs, Solution Architects, Data Engineers, and other data specialists in the realm of Data Platforms, Data Management, Data Architecture and Data Engineering. This role will ensure that BAU processes and Strategic Initiatives within Finance Management adheres to the Group Data & Records Management Policies.

Job Description

Key accountabilities

• Establish data development patterns and best practices via examples and POCs
• Ensures that data solutions adhere to common set of principles and patterns and utilize a standard set of technology frameworks and libraries.
• Provides guidance in the PMO community to ensure solutions are built in alignment with Data Management principles and standards.
• Lead and mentor Data Analysts
• Develops “cloud-first” solutions that are inherently secure, flexible, scalable, modular and API-centric.
• Influences data platform/technology selection for Group Finance and Group Risk.
• Guide FM with regards to ethical handling of data in the organization.
• Monitor and guide policy compliance, data usage, and management activities.
• Design structures and plans to meet the current and long-term data requirements of the enterprise.
• Strategically prepare organizations to quickly evolve their processes and data solutions to take advantage of business opportunities inherent in emerging technologies.
• Create conceptual data models, logical data models and physical data models
• Document process diagrams, data lineage and data flow diagrams
• Work with data owners and data stewards to ensure the integrity of data assets.
• Assist business to adhere to relevant data privacy and information security regulations and policies.
• Develop a governed approach to make data fit for purpose based on data consumers’ / business requirements.
• Define and implement processes to measure, monitor, and report on data quality levels.

Education

Bachelor`s Degrees and Advanced Diplomas: Physical, Mathematical, Computer and Life Sciences (Required)

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Job Summary

Provide superior, seamless customer experience and offering suitable solutions to meet client needs. Utilise technology and leverage the virtual omni-channel environment, to deliver service in an efficient and cost-effective manner. Perform banking duties and oversee the financial activities for business and individual customers.

Job Description

• Income Growth and Financial Targets: Ensure a deep understanding of client's working capital cycle and business needs to provide appropriate solutions. Drive achievement of targets as per individual scorecard.   
• Customer Focus: Proactively drive acquisition and cross-sell initiatives through re-engagement processes. Ensure service and complaints resolution are within acceptable service level agreements.
• Compliance and Risk Management: Fulfil all activities in adherence to relevant control and compliance requirements, and quality standards.  
• 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.

Education

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

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Job Summary

• To develop payment fraud strategies for Digital and Voice channels. The strategies will include clear response plans to existing fraud modus operandi and future threats. The strategy and delivery plans will be rolled out with business stakeholders will drive preventative and detective fraud strategies. The role will also deliver risk reporting, thought leadership and industry initiatives.

Job Description

• Risk Management: Providing Subject Matter Expertise to deliver Payment fraud strategies for channels. Drive threat identification and lead solutions to mitigate the risks.
• Support channels and operations with the execution of the controls. Understand control layers and how they contribute to the technical construct in delivering multilayered prevention strategies.
• Stakeholder Management: Build and Maintain effective Relationships with relevant stakeholders to implement comprehensive fraud strategies.
• Risk Reporting: Identify, assess, construct and report key threats/risks arising from fraud events.
• People Management: Lead different teams with the business to deploy the prevention and detection strategies.

Education

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

go to method of application »

Job Summary

Provide superior, seamless customer experience and offering suitable solutions to meet client needs. Utilise technology and leverage the virtual omni-channel environment, to deliver service in an efficient and cost-effective manner. Perform banking duties and oversee the financial activities for business and individual customers.

Job Description

• Income Growth and Financial Targets: Ensure a deep understanding of client's working capital cycle and business needs to provide appropriate solutions. Drive achievement of targets as per individual scorecard.
• Customer Focus: Proactively drive acquisition and cross-sell initiatives through re-engagement processes. Ensure service and complaints resolution are within acceptable service level agreements.
• Compliance and Risk Management: Fulfil all activities in adherence to relevant control and compliance requirements, and quality standards.
• 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.

Education

National Diplomas and Advanced Certificates: Business, Commerce and Management Studies (Required)

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Job Summary

To build and maintain professional business relationships across a portfolio of Private Wealth clients, by achieving financial targets, proactively acquiring new clients, and improving customer experience within the scope of the Bank’s regulatory and compliance frameworks.

Job Description

The purpose of the role is to build and maintain professional business relationships across a portfolio of Private Wealth clients, by achieving financial targets, proactively acquiring new clients, and improving customer experience, all within the scope of the Bank’s risk, regulatory and compliance frameworks

Key Accountabilities

Accountability: To build customer relationships in the preferred market segments:

• To own the primary relationship with our clients by being the client’s main contact point and to work collaboratively with specialists (ie financial and estate planners) to ensure that our clients experience the full spectrum of our value proposition.
• To ensure that you achieve the required contact strategy relevant to your portfolio based on client segmentation of your bespoke portfolio.
• To build, maintain and execute on client relationship plans to ensure you fully understand your clients’ needs and that we hold the primary relationship with our clients.
• To secure new business through interaction and engagement with current and prospective clients and leads generation and ensure new clients are fully on boarded.
• Ensure retention of clients in within acceptable targets and apply remedial actions where appropriate.
• Consistently achieve customer satisfaction scores as per agreed threshold by ensuring that customers are appropriately serviced in line with our value proposition.
• To work seamlessly with the sales support team in ensuring that they are enabled to support you in your portfolio.

Accountability: Deepen relationships with our customers through meeting their individual needs and achieving the required income from each portfolio:

• Prepare weekly for performance discussions with Area Manager Coverage to review client contact plans, client relationship plans, opportunities, successes and support required.
• To review and negotiate pricing structures with clients, in line with the Absa Pricing policy to ensure that the portfolio profitability is managed optimally.
• To effectively cross and up sell the appropriate products to the clients ensuring that all requirements in terms of FAIS (Financial Advisory and Intermediary Services Act), FICA (Financial intelligence Centre Act) and NCA (National Credit Act) are met.
• Drive Income growth of the Portfolio through the acquisition of new clients
• Analyze sales achieved against opportunities in portfolios on a monthly basis for new and existing client
• Complete a monthly analysis of the profitability of the portfolio of clients including the quality of credit and make recommendations to the Area Manager Coverage if actions are required for identified clients.

Accountability: Protecting our assets through appropriate levels of Risk and Credit Assessment:

• Co-Manage high risk clients’ accounts in collaboration with Risk stakeholders
• Ensure transparency and open dialogue between credit and the client by communicating the client’s requirements, by means of properly motivated and well-articulated motivations with the required supporting documents and giving feedback on the banks’ position regarding these requirements.
• Assist with the development of high quality credit client solutions which are both practical and appropriate (i.e. lending structures) for clients by influencing credit with knowledge on the client’s requirements as well as business and industry related knowledge
• Coordinate and drive outstanding client reviews and ensure timeous finalization.
• Ensure that arrangements with clients are within the credit guidelines and that credit is informed of any special arrangements via utilization of the prescribed systems.
• Takes ownership of the portfolios risk management through consistent application the bank’s regulatory and compliance framework.

Accountability: Colleague and Personal Development:

• To act as backup for other Private Wealth Bankers in the team in case of absence or during peak times according to the agreed schedule as provided by management.
• Keep abreast of developments in the industry/sector to ensure adequate client service and to support potential risks and or opportunities.
• Ensure that Continuous Professional Development (CPD) hours are maintained at all times.
• Complete the relevant Compliance, Risk and System, Product and role fundamental learning as per the Private Wealth

Minimum learning requirements:

• 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 maximize revenue and profitability.
• Demonstrate the willingness and ability to perform to the very best levels to ensure personal alignment to Absa’s Values and Vision.

Minimum Requirements and Education:       

• B-degree in Business, Commerce or Management Studies or equivalent NQF Level 7 qualification
• Five (5) years’ relevant Private or Wealth or Premium or Private Wealth Virtual Banking experience
• FAIS Compliance and passed RE exams

OR

• National Diploma / Advanced Certificate in Business, Commerce or Management Studies, or equivalent NQF Level 6 qualification
• Eight (8) years’ experience in Private or Wealth or Premium or Private Wealth Virtual Banking, of which 4 years must be experience with Non Individuals (Professional Practice) within Private or Business Banking

Skills:

• Sales Acquisition and Business Development
• Customer Relationship Management
• Financial and wealth solutions and planning knowledge, including deal structuring
• Relationship Banking Risk management, including credit knowledge around complex structures as well as solutions
• Financial products knowledge with Superior Communication Skills
• Data analysis to enable data led decision making

Education

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

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Job Summary

To develop tactical strategy and delivery plans, formulate associated practice/s and to ensure operational implementation and adaption i.t.o. project management methodology, governance and delivery objectives.

Job Description

• Programme Management: Managing projects with the intention of improving an organisations strategic performance | 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 | Ensure that timelines are met: Manage team in such a way that deadlines are met | Managing Others: Take responsibility for the effective management of others

Education

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

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Job Summary

To grow the Absa customer base through acquisition and increased customer profitability of the identified portfolio. Gain new customers and increase port folios of current customers through proactive attraction, cross selling, retention and contributing towards the achievement of the branch’s sales targets.

Job Description

Financial Goals Business Risk Customer Satisfaction Colleague Support

Education

Further Education and Training Certificate (FETC)

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Job Summary

Specific Role Purpose: Role will be focused on the reporting and planning of all financial and management information.

• Analysing and reporting of financial information in an accurate, complete and timely manner and providing business with meaningful insights and value-add perspective to enable decision making.
• Preparing Management accounts and relevant submissions on a monthly and quarterly basis to Business Partners.
• Cost control and reporting within the finance function.
• Continuously seeking ways to improve operations and provide valuable business insights through financial analysis, performing deep dives and trend analyses.

Job Description

Financial Reporting & Execution Accountabilities

• Serve as a subject matter expert on financial data integrity, accounting and business processes, analysis and reporting for end-to-end Financial Management in business area.
• 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.
• Build trust in the finance function through the creation of a single source of financial information which is corroborated by related management information sources and ensuring alignment to the agreed accounting principles, methodologies and underlying data.
• Able to apply the principles within the relevant IFRS standards for financial reporting
• Cost control and reporting for product related costs (direct and TP costs)
• Own the process of delivery of high-quality information for regular and ad-hoc enhanced reporting to agreed requirements, timelines, and standards.
• Contribute to the effectiveness of Finance processes (annual planning, forecasting, and reporting).
• Develop and implement control procedures as required as deficiencies or exceptions are identified which support the production of error-free reports. Assess and drive improvement of business accounting practices and policies.
• Validate all financial and management reporting information for flash results, month end financial results and utilisation and reporting of various key metrics.
• Generate finance narratives and insights driving business.
• Take a commercial view on business and provide contextual insights into performance reports.
• Present financial results to business highlighting performance against plans, prior performance and providing meaningful insights on possible risks and opportunities for the near future.
• Align to processes around month-end, year-end and planning cycles across the GCF community based on the requirements from Group. Prepare for all cycles in advance and ensure adequate engagement with the relevant finance and BU teams.
• Act in line with the correct governance and control frameworks across the Finance function, proactively assisting in addressing any deficiencies and exceptions where relevant.
• Ensure that the CFO is appraised of key financial issues and any identified risks & opportunities within the business that may need to be raised with executive leadership to enable timely management.
• Know BU financial ambitions, growth aspirations and strategy to ensure alignment of performance reporting and planning targets.
• Responsible for continuous operational excellence and real-time responsiveness of finance to enable business to achieve growth and profitability objectives.
• Focus on information-driven performance improvement and formulate data into easy access standardised views.
• Maintain stewardship and excellence which assists in driving performance and sustainable growth through the preservation of financial integrity.

Financial Planning Accountabilities

• Assist finance manager in developing processes and controls to ensure that the planning process is effective, supports business strategies and completed within the required timelines with the appropriate level of detail.
• Assist in maintaining the system financial planning product model, capturing and completion of relevant forecasts as required within the required timelines.
• Understand, assist in formulating and review assumptions provided by business to support the forecast.
• Provide accurate, complete and timeous reporting of the forecast to relevant stakeholders.
• Prepare for all cycles in advance and ensure adequate engagement with the relevant finance and business teams.
• Transform and evolve Finance planning, tracking and control processes as required.
• Perform regular Revised Annual Forecast (RAF’s) during the year as required, identify and track any business risks and opportunities, considering their impact on forecasted projections.

People Investment Accountabilities

• Peer responsibility: Coach, inspire, engage, mentor and develop finance and business savvy leaders.
• Network with finance colleagues across GCF and create awareness of challenges, opportunities and issues and encourage collaboration.
• Focus on Finance skills evolution and remaining relevant.
• Network with business colleagues to gain an understanding of the cost base being managed and how to better provide support

Role / Person Specification

• CA (SA) or CIMA qualification preferred.
• 3+ years professional financial management experience.
• Knowledge and skills:
• Experience in executing finance processes.
• Experience in financial reporting, planning & analysis.
• Experience in commercial innovation environments.
• Broad Finance including strategic, commercial, legal, risk and operational aspects.
• Understanding of the financial services sector within a professional business environment.
• Knowledge of building collaborative work environments.

Education

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