Current Opportunities at Absa Group Limited (Absa)

Job Summary

• To develop tactical strategy and delivery plans, formulate associated practice/s and to ensure operational implementation and adoption i.t.o. learning and development methodology, governance and delivery objectives.

Job Description

• Act as the face of Learning Programs to the business, pulling in Leadership, Solution or Curriculum Specialists as required.
• Ensure the development and delivery of quality learning solutions in collaboration with LLT Partners as agreed by all stakeholders, within budget and ensuring they meet agreed time, cost and quality parameters.
• Lead and programme manage the delivery of bespoke learning and development interventions in line with the Business goals, working in collaboration with the LLT teams to present an integrated L&D delivery model.
• Take the lead to deliver aligned and seamless learning program experiences and solutions to the business.
• Maximise utilization of internal learning solutions and synergies in all learning propositions, across all business areas, optimising external spend.
• Guide and support L&D Partners in partnering with the Management teams of the Business areas to develop the Learning and Development plans for their business area in line with their business strategy.
• Build and maintain strong relationships with the clients and develop an excellent understanding of business strategy and objectives, identifying opportunities for learning and development interventions across the business areas.
• Embed the Learning Solutions demand model throughout the Cluster LLT, HRBP & L&D Partner community
• Ensure effective evaluation of all business-aligned learning solutions, to ensure continuous improvement and contribution to business objectives (ROI Frameworks).
• Monitors solutions, vendors and employee feedback to drive continual improvement.
• Draw out trends and meaningful insights based on data analytics & modelling that will support desired business outcomes
• Manage the L&D budget for the business-aligned initiatives, work with the LLT Lead & team to ensure cost effectiveness of learning development solutions.
• Engage with and build an external L&D network to ensure continuous updating of current best practise and leading edge knowledge of learning. Ensure adherence to HR/Group policies and standards, Governance and internal controls relating to learning activities.
• Leverage and research external best practice to provide leading edge innovative solutions to the clients, and share this research with the team.
• Work with the Group LLT and Learning Solutions Lead to review and rationalise supplier base to align with business need/organisational requirements.
• Maintain internal relationships across the Group and learning suppliers to ensure delivery of the highest standards of supply, adhering to all governance frameworks.
• Operate in a commercial and business management way, leverage internal governance, policies and processes as appropriate to agree; objectives, outcomes, communication and embedding practices, timescales, budget and ROI expectations.
• Support the Learning Solutions & Delivery teams to source and identify Subject Matter Experts (SMEs) from the Business to drive effective Learning delivery.
• Partner, Design & Implement Learning & Development Solutions: Partner with the HRBP’s and Cluster LLT Lead to support the analysis and scoping of the L&D and talent management components of the overall business People Agenda.
• Consult and partner with HRBP’s and Cluster LLT Lead to ensure global consistency and execution of all L&D objectives and strategy aligned to business People Agendas.
• In partnership with the HRBP provide L&D expertise & insight at senior business meetings, either directly to the business head or to a wider management team. Act as the consultant/broker for the business & HRBP’s to the rest of L&D services.
• Where required, provide offsite facilitation to business/teams or source the appropriate external facilitator to support a managed team event.

HR Specialist Pillar:

• Keeps informed of leading practices, monitor and evaluate market trends in their areas of specialty.
• Aligns the innovation agenda with the needs and directions of the Clusters/divisions.
• Partner with HRBPs in consulting with the business to create innovative solutions when standardized products are not sufficient.
• Monitor and evaluate consistency and harmonisation of policies and solutions across the enterprise as appropriate.

Organisational Performance Areas:

• Business aligned learning solutions; execution & delivery of Learning Plans Business aligned curriculum Consistent delivery of leadership programmes Talent management and development HRBP partnership

Education

• Bachelor`s Degrees and Advanced Diplomas: Education, Training and Development (Required)

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Job Summary

• Lead the Credit Risk Modelling team responsible for development and continuous enhancement of the wholesale credit risk models from development, implementation and governance lifecycle, as well as support functions around Credit Risk matters. Provide strategic thought leadership relating to additional models needed.

Job Description

Role description: 

• Lead the development of credit risk models and methodologies, ensuring they are effective in assessing credit risk and comply with regulatory and ABSA requirements. 
• Manage a team of model developers, providing leadership, coaching, and development opportunities to team members. 
• Collaborate with other teams, such as risk management, finance, and business units, to ensure that credit risk models are integrated into the broader risk management framework. 
• Work with external vendors and consultants, as necessary, to ensure that the institution has access to the latest modeling techniques and data sources. 
• Monitor the performance of credit risk models and adjust, as necessary, to ensure their effectiveness. 
• Provide guidance and advice to senior management on credit risk modeling issues. 
• Provide training to stakeholders on credit risk regulations and credit risk models. 
• Ensure models are compliant with validation, testing and governance processes. 
• Stay abreast of regulatory requirements and industry best practices related to credit risk modelling. 
• Ensure successful implementation of models by assisting the model implementation team with technical and implementation testing support. 

Qualifications and skills required: 

• Advanced degree in a quantitative field, such as mathematics, statistics, or mathematics in finance. 
• At least 8 years of experience in credit risk modeling, with a strong understanding of modeling techniques and methodologies. 
• Previous experience leading a team of model developers. 
• Knowledge of regulatory requirements related to credit risk modeling, including Basel III/IV and IFRS. 
• Strong analytical and problem-solving skills. 
• Excellent communication skills, with the ability to explain complex concepts to non-technical stakeholders. 
• Ability to work collaboratively with other teams and stakeholders. 
• Strong project management skills, with the ability to manage multiple projects simultaneously. 

Education

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

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Job Summary

• Reporting to Head: Digital Channels, this role assumes overall accountability and ownership for development, implementation and lifecycle management of digital product strategies, across designated portfolios. These product strategies must be aligned to the Group and / or business unit requirements, contribute to the overall achievement of the bank’s strategy.

For the designated portfolio of digital products, lead the strategic execution of the relevant business plans with respect to customer and colleague digital adoption, consequently driving business value and business performance in digital channels.

Job Description

Strategic Leadership and Planning

• Leads and takes accountability for multiple business units and product streams by evaluating both market and technology opportunities for improvement of Digital products and features on offer.
• Takes core ownership of the portfolio and crafts the leadership vision for the product.
• Formulate product strategies by defining product vision, roadmaps and growth opportunities to penetrate possible market opportunities in line with the larger digital business strategy.
• Assess value, develop cases, and prioritize stories, epics and themes, across multiple business units and product streams to ensure work focuses on those channels and products with maximum value that are aligned with overall Digital product strategy
• Ensure that the strategy includes conducting on-going local and international market analysis for new and innovative offerings for consideration in the different portfolios, while driving continuous strategic alignment internally.
• Provides thought leadership on latest trends and best practice in respect to digital adoption. Drives internal benchmarks and establishes key outcomes.
• Remain abreast of current industry standards locally and internationally to identify opportunities for improvement of Product sets.
• Engage effectively and build relationships with business and technology stakeholders. Ensure that all impacted stakeholders (RBB, Change, IT, Segment etc.) across the Group understand and support the agreed strategies for the area.
• Oversee the planning for product release plans and set expectation for delivery of new functionalities. Track progress of work and addresses risk and interdependencies which impact on business units and product streams within the portfolio.
• Accountable for providing digital thought leadership, trends and market sites to influence and optimise the formulation of the business digital transformational strategy
• Accountable for the multiyear (3-5) roadmaps that will drive out the strategy.  Must provide the expertise and thought leadership to creating prioritisation and investment decisions across multiple channels
• Accountable to contribute thought leadership and continuous improvement of the chapter seeking to drive new ways of working, culture new operating models and innovative tooling

Product Development

• Drive and deliver on mobile feature development and guide teams on crafting a mobile first transformation agenda with their aligned businesses.
• Guide and advise a cross-functional team through the entire strategic and tactical product lifecycle, from ideation and roadmap to development, refinement, ongoing optimization, growth and finally product retirement. 
• Implement and nurture a product development culture within business units.
• Evaluate, implement and leverage product management technology and tools to increase productivity, and accelerate team learning and skills development.
• Guide the Product team to strategically manage product planning / design / management / development in the context of a product roadmap based on the product lifecycle with its associated price, promotion, distribution and customer needs objectives.
• Monitor the continuous Product performance analysis in terms of all product parameters (including market share, customer take up, utilisation / activity, financial performance etc.) and create a focus on market activity to gain traction and market share in the industry.
• Entrench governance and ensure that the Product Development team works with Group Legal, Group Compliance and Group Operations to review product features, processes and procedures to ensure that they are compliant with legal and regulatory requirements (e.g. CPA, Competition Commission etc.) and incorporate best practices and efficiencies.
• Provide direction, guidance and input to the product managers and extended team on the development and management of processes to ensure the effective delivery of products.
• Accountable for the end to end achievement of the digital strategy of the portfolio.  In so doing must create appropriate plans and interlocks with multiple functional areas (disciplines) to achieve these objectives.  Takes accountability to establish metrics and data points to measure the effective monitoring of the strategy execution
• Provide thought leadership and contributes towards the innovation engine and drives a culture of innovation for the portfolio.  Also contributes to the overall innovation strategy for digital

Product lifecycle

• Accountable for go to market strategy and preparation of both internal and external plans before go-to market launch.
• Collaborate with marketing teams to develop scale and marketing plans. Measure ROI of marketing investment on an on-going basis.
• Drive service management and customer experience measurements by implementing and devising action plans for continuous improvement.
• Develop OKRs key results metrics that are holistic and working / interlocking with various complex teams to deliver these results.
• Create sunsetting plans for products in the portfolio that are outdated, and which are not providing a ROI.
• Drive reporting and analytics within portfolio, and analyse performance of the products

Learning and Growth / PM / Risk

• Interview and recruit direct reports and provide support to them during the recruitment of their teams.
• Develop a high performing team by embedding formal performance development and informal coaching. Encourage frequent knowledge sharing between team members.
• Ensure that a robust knowledge management and agile learning system is in place to support real- time learning.
• Drive best practice methodologies for customer and colleague digital adoption through collaborating with relevant stakeholders in respect to knowledge and Information sharing sessions.
• Create an engaging, enabling and productive work climate aligned to the employee value proposition.
• Drive talent management practices and ensure a pipeline of “ready now” talent for critical roles is in place.
• Ensure that processes, control requirements and risk management frameworks that have been designed for the area are followed.
• As the digital product specialist is accountable to bring the other key digital functional areas, namely design and technology together in achieving the digital strategic goals of the portfolio.

Commercial performance

• Contribute to the setting of functional budget per portfolio to ensure that the strategic deliverables of the business unit are adequately budgeted for.
• Continuous review of product performance against key SLA’s delivering corrections where necessary. Track commercial performance against annual targets set.
• Identify new revenue opportunities and cost reduction opportunities within the portfolio for current and future considerations.
• Proactively manage high risk and problematic financial issues in respect of accountability and governance.

Takes accountability to drive commercial decision making of digital asset throughout the Lifecyle of the digital product

Education

• Bachelor Honours Degree: BMI - Business Management and Informatics (Required)

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Job Summary

• Contribute to the effective Group Change Financial Management, directing financial activities, business plan development and controlling accounting practices, including the timely preparation of financial reports, forecasts and business performance analysis. Contribute to the overall strategy for change financial management, including oversight and control over Strategic Investment spend.

Job Description

Key Accountabilities

Financial Planning - Strategy participation

• Contribute to the development of the strategy for CFM through leadership and direction on the function’s financial activities.
• Provide advice on the financial, tax planning and financial risk management aspects.
• Review and approve the consolidated financial plans (RAF, MTP and STP) before presenting to appropriate ExCos and CFO: Central Functions for final approval.
• Advise ExCos on change performance against the strategic objectives and financials. Facilitate the discussions on the way forward.
• Participate in the reviews of opportunities by conducting appropriate financial analysis. This could include due diligence on existing practices in the other organisations or checking forecasts of potential financial impacts.
• Continuously consider the interplay between CFM as a function and the broader Group, the competitive environment and the financial market to identify new opportunities for commercial effectiveness and advise the ExCos of potential opportunities to pursue.
• Support key senior stakeholders in understanding the financial and management accounts for change.
• Advise and provide input into the transfer pricing processes and interlocks associated with change-related costs/activities.  
• Formulate creative solutions to enhance the commercial and operating effectiveness of the function. Influence key organisational stakeholders to buy in to the proposed enhancements, ensuring that actions are documented and assigned to clear owners with monitoring of the financial effects of implementation.

Performance measurement and reporting

• Direct and oversee the preparation of financial statements, financial reports, special data analysis, and adhoc information reports and communicating the standards for activities and outputs.
• Sign off on the financial half year-end and year-end aspects.
• Analyse financial results on a monthly basis and summarise it so as to enable key stakeholders to take timely and appropriate actions/decisions and to ensure effective financial and strategic decisions.
• Present and report accurate and timely historical financial information on or before set deadlines. Financial reports have to meet generally accepted accounting practice and Absa Bank Limited financial reporting standards and data definitions.
• Oversee the review of financial and management accounting reporting practices in place in the function to ensure that they meet the required standards. Implement corrective or improvement actions when required.
• Arrange for the preparation of budgets and variance reports and ensure timely distribution to key stakeholders. Highlight variances from the business plans - under spend and overspend and work to develop corrective actions.

Financial systems, analysis tools and models

• Based on the standards determined by Group Finance, arrange for the evaluation and update of the financial systems in place in the function (systems include budget tools, tax planning tools, financial reporting systems, asset/investment/intangible registers etc). Make recommendations to Group Finance on systems enhancements required.
• Participate in the development of data definitions for financial reporting to ensure that Group Standards are understood and maintained within the functions, and that functions’ requirements are incorporated into Group Standards.
• Where standard systems and tools do not meet reporting/analysis/forecasting requirements of the business, investigate alternative solutions and make comprehensive recommendations to source and implement alternatives. Oversee the programme management of the implementation.
• Based on the criteria and frameworks developed by Group Finance, establish and maintain a system to evaluate all strategic initiatives/major projects prior to launch. Together with the ExCos, prioritise projects and project funding.
• For major projects, support the project sponsors to develop the business case, in particular the financial components.

Compliance

• Develop and implement finance, accounting, billing (where appropriate), funds release and auditing procedures by ensuring that records systems are maintained in accordance with generally accepted auditing standards. Establish and maintain appropriate internal control safeguards in line with Absa Bank Limited requirements.
• Comply and adhere to tax regulations and regulatory compliance to properly reflect the financial position of the function.
• Ensure the production of timely, reliable and complete financial information to meet the various needs of the senior management, regulatory authorities, and government agencies.
• Act as subject matter expert by frequently communicating financial policies, procedures, standards and guidelines in the functions and functions finance teams.
• Participate in the development of the functions’ BCM (Business Continuity Management) plan by reviewing recovery arrangements and ensuring the critical financial processes are adequately covered and tested.
• Interact with Absa Internal Audit, Management Assurance and External Auditors during the setting of audit or review scope, furnishing information required and reviewing findings. Advise the functions’ ExCos on appropriate corrective actions.
• Coordinate the resolution of all internal and external audit findings related to year-end financial audits.

Financial Risk Management

• Implement an effective control environment including the regular review of control effectiveness.
• Ensure that measures are in place to control costs appropriately, including capitalisation and impairments, supported by an appropriately maintained and governed intangible asset register.
• Application of appropriate change funds management.
• Appropriate review of change business cases with challenge where appropriate.

People Investment Accountabilities

• Developing key talent and succession through ensuring appropriate training and mentoring is in place:
• Establish a motivated team of high calibre, innovative and creative individuals and develop the highest standards of leadership and people management amongst direct reports
• Be an enabler of capabilities, talent and service level to fulfil functional responsibilities in an innovative efficient manner.
• Lead the Finance team in obtaining a holistic view of the Group, whilst ensuring that each direct report maintains an in-depth understanding of his/her areas of influence.

Role / Person Specification

Qualifications and experience:

• Post Graduate Degree (NQF level no.8+)
• CA (SA) or CIMA
• 10+ years professional financial management experience
• 10+ years Banking Experience, engaging at an Executive Level
• Experience of accounting and related internal control processes
• Experience in Financial Management, Strategic Planning, governance processes and reporting
• Proven experience of successful stakeholder management, negotiation and influencing to Senior Executive level 

Knowledge and skills:

• Managing complexity and ambiguity 
• Financial Management and planning
• Financial Modelling
• Strategic planning and development
• Financial statements and key financial metrics
• Ability to contribute effectively as a Leader 
• Strong cross-functional working 
• Strong intellect balanced by pragmatic approach 
• Strong self-belief and open to challenge
• Entrepreneurial and commercial thinking 
• Adapting and responding to change 
• Persuading and influencing 
• Coping with pressure and setbacks

Education

• Postgraduate Degrees and Professional Qualifications: Financial Sciences (Required)

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Job Summary

• To provide specialist advice & support in the development & implementation of IT security service delivery processes, methods and techniques enabling secure management & control of IT access, in alignment with governance requirements.

Job Description

• Process: Provide specialist advise and support to safeguard information systems and associated assets through the identification and management of security risks. Identify, diagnose and recommend improvements and provide specialist advice and support to ensure that solutions are appropriate and effective. Use practical knowledge and theoretical guidelines, to diagnose area of specialisation problems and generate workable solutions. Perform security audits and clean-ups to ensure accurate and up to date access within the organisation. Perform, advise and provide information on risk management impacts and mitigate risk in respect of system and application access. Analyse IT related access report/s to identify discrepancies and anomalies and recommend remedial action. Provide specialist advice and support in defining standard operating procedures (SOP's). Conduct research and gather data to provide input to operational reporting and decision making processes. Provide specialist advice to plan for value-added process improvements, initiatives and services to deliver on operational objectives. Provide expertise to identify and develop solutions to improve quality of processes and services. | Client/Customer: Provide support and contribute to a culture of customer service excellence that meets and exceeds exceptional service. Build relationship with customers that contribute to a culture of customer service excellence. | Conduct: Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Policies and Policy Standards | Finance: Contribute to the effective reduction of cost and financial wastage in line with organisational policies and procedures. | Learning and Growth: Participate in forums that positively contributes to knowledge improvement. Provide advice and support in the management of change and offer operational support where required. | : | : | :

Education

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