Job Opportunities at Absa Group Limited (Absa)

Job Summary

The senior credit analyst role will involve managing a portfolio of Mid-corporate clients, including sanctioning of credit applications within a delegated individual mandate. This requires active senior stakeholder engagement and supporting applications up to credit committees where applicable.

Job Description

Risk Management

• To conduct quality credit risk assessments and reviews and proactively manage credit risks associated with clients across the Mid-corporate portfolio.
• Perform robust financial and non-financial analysis on the client that will support and underpin all new proposals in terms of the client’s credit risk implications.
• Sanction credit applications within the requirements of the credit policy and in line with individual delegated mandate.
• Proactively manage the credit risk on the portfolio by completing timely reviews, ensuring securities and conditions are up to date and monitored
• Compile reviews, amendments, and new applications to the appropriate lending authorities.
• Monitor the client performance on a continuous basis, in addition to performing annual reviews of clients, to ensure early detection of a client's business or operating environment.

Governance and controls

• Conduct all client risk assessments and portfolio monitoring in compliance with all the relevant governance and policy frameworks.
• Ensure that all covenants are measured and reported during the review or new credit application process
• Ensure that all excesses are monitored, cleared and/or escalated within KPI targets

Data and Systems Management

• To produce relevant management information and manage exposures including the maintenance of relevant systems.
• Drive RWA efficiencies through ensuring that the data in terms of Default Grades (DG's), Loss Given Defaults (LGD's), limits and review dates are correctly captured on the Bank's credit systems

Business Enablement

• Provide solution driven support to business to facilitate growth initiatives, whilst maintaining a healthy balance between risk and reward.
• Actively partake and provide input into Deal Forums ensuring that credit risk associated with business opportunities are pro-actively highlighted and managed.
• Communicate and interact regularly and proactively with business stakeholders while providing insights on risk trends and providing clear risk appetite guidance.

Education

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

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Job Summary

purpose of the role is to manage the support, development and maintenance of the financial aspects of the Financial Reporting Systems and General Ledgers as well as participate in research, design, development and testing of improvements or new solutions to ensure financial data integrity. Assist with strategy and business requirements for FC Systems, manage and deliver financial and management reports to FC and other Group functions. Provide leadership, training and support to stakeholders and team.

Job Description

Accountability: Maintain financial data integrity

• Contribute towards financial systems data alignment and integration.
• Establish and execution of sufficient controls for the balancing process of financial systems.
• Execution of the balancing process of financial systems.
• Identifying opportunities to streamline the use of financial data and system functionality.
• Establish and enforce a stable environment for the maintenance/enhancement of financial processes.

Accountability: Manage Finance System operations

• Co-ordinate all maintenance and operational activities performed on the finance system to ensure accuracy and completeness.
• Establish and consistently enforce sound system and internal controls to ensure that procedures are correct.
• Propose Metadata changes to simplify reporting.
• Create and maintain standard and specific financial and management reports. (Focus on SAP4 HANA Business Warehouse (BW) Reporting but not limited to BW Reporting)
• Support and ensure accuracy of specific financial and management reports

Accountability: User Support, Reporting and Access

• With strong operational knowledge be able to provide guidance to new users in utilising the finance application systems correctly
• Assist users with queries regarding transactions processed to the financial systems
• Providing user support relating to system problems and or errors
• Escalate any problems/errors that need IT attention
• Fulfil administrator role to manage and provide user access and support to the reporting engine.
• Build custom reports as required

Accountability: Stakeholder management

• Build strong relationships with key role players in order to have a clear understanding of their business requirements
• Understand the impact of the changes and inform business of any risks or impact as a result of changes
• Escalate stakeholder dissatisfaction / issues to line manager for follow up and resolution
• Provide direction and input to enable Business Units to manage and resolve issues
• Track and report against customer experience metrics

Accountability: Business direction and support

• Ensure that the solution complies with existing policies and controls frameworks.
• Assist with the management of the day to day operations of the business area
• Ensure the satisfaction of the customer (internal or external) needs by responding efficiently, ensuring high quality of work and by meeting the required deadlines
• Agree and manage service offerings and SLAs with internal customers (agree annually and measure on a monthly basis)

Accountability: Risk management, compliance and controls

• Ensure that the team understands applicable risk management, compliance and control (RCSA) requirements, including required compliance training
• Participate in the development of the Business Continuity Plan by reviewing and ensuring the critical financial processes are adequately covered and tested
• Assist external and internal audit.
• Perform proper maintenance of all actions needed for the completion of DEA (Design Effectiveness Assessment) and OET (Operating Effectiveness Testing)
• Assist with compliance testing.
• Assist with any audit findings raised and work to close out these in the required time frame
• Perform relevant attestation to controls as per distributed plan and timelines
• Provide input to risk and control assessments to ensure that all risks are controlled

Accountability: People and talent management

• Exhibits Absa’s purpose and values and champions them in the team towards development of a corporate culture
• Supports a culture that acknowledges the diversity of the members
• Training requirements to be identified and applied for on a timely basis and handed to team leader for approval

Accountability: Process management

As Process Executor

• Execution of processes as designed
• Constantly review, improve and maintain own activities to enhance the effectiveness and efficiency of processes
• Recommend areas for improvement in order to reduce cycle times, improve productivity, create capacity and improve process reliability and customer satisfaction
• 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

Education & Experience:

Education

• B Degree in Commerce or Advanced Diploma in Accounting or Advanced Diploma/B Tech in Information Technology (NQF Level 7.).

Experience

• 3 – 5 Years’ experience in support, development and maintenance of SAP4 HANA BW and other related SAP financial reporting tools
• Deep and broad exposure and understanding of SAP BW concepts
• Advanced skill in the development of Business Objects Web Intelligence reports and Dashboards.
• Proven experience in SAP4 HANA system architecture design, Implementation, Integration & Testing
• 5 – 8 Years’ experience in banking/financial and financial systems
• Preferred - Understanding of information systems and technology

Knowledge & Skills

• Quantitative finance skills
• Risk knowledge (credit and market risk)
• Negotiation
• Report writing
• Presentation skills
• Conflict Management
• Coaching
• Problem solving
• Interpersonal skills
• Management and leadership

Competencies

• Deciding and initiating action
• Learning and researching
• Entrepreneurial and commercial thinking
• Relating and networking
• Adapting and responding to change
• Persuading and influencing
• Creating and innovating

Education

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

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Job Summary

Responsible for developing fraud rule sets and performing data analysis to enhance decision rule in order to prevent and detect fraudulent events. In addition, responsible for developing, monitoring and tracking of rule performance and fraud attempts (detection and prevention).

Job Description

Strategy Design & Analysis

Tasked to support the delivery of the Fraud risk Strategy by continuously optimizing fraud detection rules through tactical and strategic rules concluded from data analytics. This includes the following actions:

• Daily health checks of fraud detection, alert queues and fraud rule optimization
• Fraud monitoring system
• Fraud strategy management
• Process mappings and execution for rule management
• Design and development of data driven strategies within Retail Risk team.
• Sourcing, consolidating and analyzing large data sets, utilizing strong SAS skills and identifying anomalies/trends.
• Liaising with relevant stakeholders, including Sales, IT, Front end & Collections Operations, Finance and other Risk teams.
• Assist New Product Development with assessments related to product refinements.
• Identifying gaps in Acquisitions, Pricing, Portfolio Management, Profitability and Collections & Recoveries processes and strategies as well as providing solutions to closing gaps / streamlining processes.
• Design, implement and monitor champion / challenger tests and analyse test results in order to better understand customer sensitivity in a manner that allows for long term strategy to be implemented.
• Presentation of analytical results and proposals to both technical and non-technical audiences, providing commentary as required.
• Ability to display strategic risk experience as well as solid SAS/Data Analytics skills will serve you well in this role.
• Strong quantitative, statistics and/or actuarial background with a track record of running with an entire project from conceptualization, to extraction of data, to formulating strategies and subsequent impacts of implementation through to excellent stakeholder engagement and management will be an added advantage.

MI & Communication

• Produce and analyse monthly MI, to provide insightful commentary to support data that details areas of potential concern and develop remedial action plans to address issues.
• Produce strategy review documentation that shows relevant performance of comparative acquisition and existing customer strategies. T his needs to include profit, volume and risk related metrics.
• Actively manage and improve risk-based profitability of new applications as measured in terms of Profit after regulatory cost of capital (PARCC) or economic profit (EP).
• Communicate analytical results to both technical and non-technical audiences
• Work together with cross functional teams, which may be geographically dispersed, to deliver risk initiatives
• Manage strategy sign-off process to ensure all stakeholders are informed of proposed strategy changes and benefit/impact of these changes to business.
• Liaise with operational areas (eg. inbound call centre managers and manual risk underwriting teams) to ensure strategies are working optimally.
• Ensure all strategies comply with Bank's credit risk policies and framework.

Customer Complaints Management

• Investigate and resolve all unresolved customer complaints that are escalated for final decisioning. Provide prompt and clear feedback to source of complaint. This needs to be done for both new acquisitions as well as existing customer’s complaints.

Education And Experience, And Competency Requirements

• B Degree in Business or Mathematics or Statistics or Engineering or Risk Management or similar.
• 3 years’ experience is required, in data analysis utilising a standard statistical package such as SAS.
• 1 year experience in SAS Advanced programming for statistical analysis and manipulation of very large data sets.
• Advanced computer literacy especially the Microsoft Office suite of programmes (MS Word, MS Excel, MS PowerPoint) (1+ years).
• SAS Programming.
• Problem Solving.
• Strong understanding of key credit risk metrics.
• Project Management experience.
• User Acceptance Testing.
• Knowledge of System Development Life Cycle (SDLC) which will assist in cases where systems / processes etc. may be impact on or provide opportunity to improve strategy execution and resulting performance.
• Totally clear criminal record