Latest Jobs Available at Absa Group Limited (Absa)

Job Description

Management of Legal Risks 

• Ensure the bank’s legal is managed effectively in all situations in which legal disputes or regulatory issues arise, at all times safeguarding Absa’s reputation.
• Increase awareness of the Legal Key Risk Policies and report any breaches.
• Identify and articulate risks associated with proposed transactions, projects and activities that the business intends to undertake.
• Mitigate risks wherever possible.
• Attend necessary training sessions to ensure commerciality and continued legal professional development.
• Ensure regulatory & statutory compliance.
• Provide a clear record of relevant business transactions and legal advice given that effectively mitigates legal risk.
• Develop and sustain effective risk and control frameworks.

Negotiate, draft and review Agreements. 

• Assist in structuring, negotiating & drafting legal agreements and documentation relating to standard agreements, transactions, new products and 3rd party agreements
• A general working knowledge of Trade and Working Capital including a  specialised knowledge of Supply Chain Finance and Risk Participation Agreements
• Help to develop working structures and best practice guides for use within business
• Address all probable risks by seeing to it that they are sufficiently addressed in legal agreements drafted
• Consider, comment, negotiate and give advice on documents/ agreements for the business
• Give legal advice on transactions or deals to be done, or transactions that have been concluded
• Conduct legal due diligences on transactions
• Provide advice on legality, the lawfulness and enforceability of agreements and documents

Stakeholder Management 

• Determine needs of stakeholders by regular interaction with the stakeholders in order to discuss legal developments and matters with them
• Provide stakeholders with legal advice, support and legal solutions
• Provide specialist assistance to country legal teams in the Africa region
• Manage external counsel where required
• Distil and communicate and legal concepts in a simple, concise way that is easily understood by business stakeholders.
• Evaluate, manage and prioritise tasks in accordance with business need

Reporting 

• Compile lists of matters and registers of work or instructions received
• Provide reports as required to support the assessment of the legal risk control framework.
• Attend to ad hoc reports as requested by the Head.

Education and Experience Required

• B-degree in Law: LLB NQF Level 7
• Admitted attorney or Advocate
• Preferred: Post Graduate diploma or master’s degree in Banking, Corporate or Commercial Law
• Relevant experience (at least 5 years) as an in-house legal counsel in a financial institution, other corporate, in a reputable law firm or at the Bar.
• General knowledge of bank regulations required.

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Job Description

• Relationship Management: Own the primary relationship with the client by being the client’s main contact point for all corporate and investment banking needs.
• Client Solutioning: 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.
• Manager Risk Assessment: Take ownership of the portfolio's risk management by ensuring a good understanding of both the Bank's and the clients regulatory and compliance environments.

Education

• Bachelors Degree and Professional Qualifications: Business, Commerce and Management Studies (Required)

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Job Description

• Drive Financial Targets: Maintain primary ownership of a portfolio of Growth Account clients, differentiated by the level of complexity of the client base
• Relationship and Service Management: Actively develop strong client relationships. Conduct regular client visits in accordance with the Commercial Growth Account Value Proposition and initiate changes to ABB Product by providing input into product development to better service our clients
• 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.
• 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

• Bachelors Degree and Professional Qualifications: Business, Commerce and Management Studies (Required)

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Job Description

In this role you will be required to :- 

• Provide cover for JSE Settlement Officer and where spikes in volumes for the settlements and/or trade support teams, or where training required by the operations staff.
• Querying BDA Database for trade data, static data as required by the Operations team or any of the infrastructure support areas.
• Reconcile exchange trade cash settlements to forecasted funding requirements.
• Resolve and Investigate exceptions/breaks timeously/within standard times as documented by internal policies.
• Review of the daily reconciliations (trades, bank, dividends and positions) between the Front Arena systems (or any other systems as these may be implemented) and the market systems/settlement agents .
• Assist in preparation of Weekly/Monthly KRIs and investigation/explanation of threshold breaches and planned action for remediation Responsible for developing and maintaining the Business Continuity Plan and requirements of the team, as well as organizing and planning for any testing required.
• Recommend change to processes to enhance the operational process and preparation of a proposal for a new process which is presented and implemented once agreed.
• Assist the Head of Operations in developing and rolling out support processes and controls for new products Developing the business motivation and assisting the business analysts with new ops requirements for enhancements and straight through processing.
• Troubleshooting problems and trends with current issues/breaks/automation experienced with certain automation initiatives and liaising with IT development team to improve process.

Education and Experience Required:-

• JSE Settlement Officer Exam or in the process of writing
• Degree in finance advantages
• Minimum 5 years recent experience of the BDA system (JSE Broker Dealing Accounting system) with regards to Settlements, SLB, Corporate Actions and general trade query resolution.
• 3 years’ experience with the various JSE BDA dissemination files and use of Excel to extract/manipulate required data and assist the Business Analysts and IT developers in their automation enhancements of business processes.

Knowledge & Skills:

• (Maximum of 6) Up to date on STRATE Off-Market Rules and Regulations, JSE Rules and Directives regarding off-exchange and on-exchange equity trade settlements and penalties
• UK/SA Removals as well as understanding of SARS issues affecting a stockbroker as to Dividends Withholding Tax, Manufactured Dividends and STT.
• Sound understanding and working knowledge regarding internal control and operational risk management in a stockbroker environment and market interaction.
• The role requires the interaction with Operational Risk Management team and preparation of Risk Control Matrices and KRIs/OLIs. Sound financial background of stockbroking practices and the BDA General
• Ledger/Trial Balance module and accounting to support P+L query resolution from Product Control. Above average computer literacy (Windows, MS Office - Excel Intermediate Level required due to data manipulation and use of Excel reconciliation models with macros).

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Job Description

• Managing incidents and issues as they arise in the interest of protecting and building Absa’s reputation.
• Developing and implementing a Group-wide issues response and crisis communications mechanisms.
• Managing media queries promptly, appropriately, and efficiently.
• Developing executive-level content and thought leadership from concept to writing.
• Developing appropriate media strategies, tactical plans and content in relation to corporate announcements.
• Maximising the dissemination of media coverage.
• Crafting effective press releases, media advisories, and media kits, often under pressure and with limited time.
• Serving as strategic advisor to Group stakeholders as well as media partners across the Group on strategic issues.
• Guiding media partners across the Group in support of compliance with relevant policies and standards.
• Developing or guiding social media and website content where appropriate.
• Arranging media-related visual elements (e.g. photography, videography, broadcasting).
• Producing media and/ or integrated reports daily, monthly, quarterly, annually and ad hoc, including advice and recommendations.
• Monitoring and reporting live issues and providing strategic advice.
• Proactively identifying media opportunities.
• Maintaining media lists.
• Maintaining the Group spokesperson’s list and advising spokespersons to improve effectiveness.
• Arranging / supporting / facilitating media training.
• Ensuring alignment with Group strategic themes and narrative across all content.
• Profiling of our capabilities, expertise, and functional prowess and leadership.
• Strategy key media relations services in support of building a universal, cohesive and bold Pan-African reputation, narrative and story.
• Support corporate communications in proactively shaping a universal cohesive external narrative and story boldly, and visibly.
• Managing and/or working with agency partners on selected projects.
• Minimum experience in mid-senior media relations role: 5 yrs
• Journalism experience preferrable
• Good understanding of business and financial matters, essential.
• Preferred qualifications: Degree in related field

Skills:

• Strong knowledge of implementing and maintaining media strategies
• Outstanding communication skills
• Ability to write exceptional quality content
• Have excellent working relationships with media
• Ability to make quick decisions in a high-pressure environment
• Exceptional attention to detail and organisational skills
• Strong persuasion and influence abilities
• Familiarity with financial communications
• Demonstrated ability to build and maintain effective media relationships

Education

• Bachelor`s Degrees and Advanced Diplomas: Communication Studies and Language (Required)

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Job Description

Accountability: Financial Risk Management

• Develop financial risk management practices in-house, ensuring data is of sufficient quality, completing in-depth data analysis, and producing comprehensive documentation while conforming to the required governance.
• Review, challenge and approve the planned size, shape and growth of RB’s balance sheets as part of the business planning process, considering RB’s strategy and risk appetite, market opportunities and threats in relation to scarce resources, sustainability and returns. 
• Review and challenge risk-adjusted performance and growth targets and supporting risk-adjusted measurement frameworks applicable to RB. This includes the use of regulatory capital and economic capital measures for risk-adjusted performance.
• Analyse business portfolios and deliver meaningful insights into RWA, Economic Capital, Earnings Volatility, Risk-adjusted Performance (RoRC/PARCC, RoEC / EP) profiles through data-driven analysis that is value-adding and actionable by business stakeholders.  Collaborate consistently with various stakeholders, embedding financial risk metrics into operational and strategic decisions.
• Clearly articulate the methodologies and data sources used in formulating key financial risk metrics to both internal and external parties through the development of a financial risk monitoring and reporting process.
• Review the regulatory landscape and developments, impact assessments and recommend appropriate responses.

Accountability: RWA, EC and EaR optimisation and precision within RB

• Ensure that RB product/business segments are being diligent, consistent and have the right momentum in delivering on the use of their appetite / capital allocation / targets and ensuring pricing models are appropriately designed and consider all key drivers to adequately account for financial risk.
• Embedment of RWA, EC, and EaR as key risk drivers within RB Credit. Communicate results and recommendations from analysis undertaken to other areas of the organisation, tailoring the interpretation to the audience and using appropriate presentation technology and templates.
• Evaluate and explain the appropriateness of capital utilisation and manage the actions required to deliver optimisation and precision efforts.
• Designing and establishing frameworks for earnings volatility and concentration risk management in RB in collaboration with business segments as it pertains to single obligors, sectors, and other tactical/cyclical concentration risk drivers, and monitor concentration risk against set limits and thresholds, through understanding credit correlations and sensitivities in RB’s and the Group’s portfolio.
• Support economic capital model developments and refinements and assess asset correlations in close collaboration with Group Credit Risk.

Accountability: Risk Appetite, Stress Testing and Integrated Planning

• Support the setting of RB’s risk appetite for RWA, Economic Capital and Earnings at Risk, and the development of any new risk appetite metrics and statements where required. Review and challenge Group risk appetite allocation and monitor consumption and allocation within RB.
• Support the integrated planning process to ensure the anticipated demand and supply for risk appetite are appropriately aligned.
• Establish and embed a financial risk monitoring framework, including portfolio benchmarks, targets, and early warning indicators to monitor portfolio trends, capture emerging risks, and monitor credit performance against risk appetite and plans, using these analyses to make recommendations around next steps or decisions to be taken and support business forecasting.
• Accountable for risk planning and stress testing in RB through the employment of robust forecasting methodologies to anticipate future risks. Consistently evaluate historical data trends, making necessary metric adjustments to stay ahead of the evolving financial landscape.
• Perform ad-hoc stress testing, scenario and sensitivity analyses to assess impact of emerging risks on RB portfolio.

Accountability: Stakeholder Management 

• Build and maintain effective relationships with stakeholders and formulate the most optimal operating model to ensure transparent cross-functional communication between all stakeholders.
• Establish and nurture influential relationships with a wide network across the organisation in order to identify synergies and optimally leverage relationships, knowledge, services and resources to provide superior solutions.
• Maintain external relationships with risk bodies, forums, and other risk professionals both for formal information sharing and for the development and promulgation of risk best practice. 
• Build and maintain effective relationships with stakeholders and formulate the most optimal operating model to ensure transparent cross-functional communication between all stakeholders.
• Establish and nurture influential relationships with a wide network across the organisation in order to identify synergies and optimally leverage relationships, knowledge, services and resources to provide superior solutions.
• Maintain external relationships with risk bodies, forums, and other risk professionals both for formal information sharing and for the development and promulgation of risk best practice.

Accountability: Business and Operations Management  

• Ensure that the function is managed within acceptable parameters and that governance and management processes exist and operate effectively. 
• Ensure that all other areas of operational and business management (e.g., change/project manage, crisis management) are in place and operating effectively. 
• Keep abreast of international best practice regarding financial risk management and contribute to standards and guidelines as required. 

Education

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

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Job description:

Some of you key accountabilities will include;

• Taking ownership of BGI Products, responding to all client and internal stakeholder queries and driving the issuance of the requested Guarantee within the required turn-around times.
• Referring applications for Credit, Legal, Exchange Control, Alternate Foreign Correspondent bank and Special pricing if applicable.
• Performing checks to determine referrals required.
• Verifying and authorizing all transactions processed by the team members to ensure that the required standards of BGIs are adhered to.
• Ensuring technical correctness of each client instruction for Local and Foreign Guarantees when processing, this includes: - Confirmation of completeness of client instructions - Perform quality check on BGI ensuring accuracy and completeness
• Maintaining a good understanding of all governance applicable to the BGI Centre (FICA, SOX, Exchange Control, Trade Sanctions Screening Policy, Money Laundering, UCP600, INCO terms 2000, International Standard Banking Practice, ICC official rules for interpretation of trade terms and Internal/External audits) by keeping abreast of current and future policies on the Absa Intranet.
• Complying with and ensure compliance to prescribed policies, processes and procedures to prevent any financial losses, when capturing transactions. This will include validation against mandates, waiver of commissions and International Standard Banking Practice Rules.
• Fully understanding and adhering to the product Customer Value Proposition (CVP), ensure delivery of a world class service to all customers.
• Ensuring adherence to standards for tracking of productivity and turn-around times by updating workflow consistently for all handovers and all other critical points in the process that are used to measure overall end to end turnaround time for processing of BGI products.
• Submit your application for this role if you have a B Degree or Law degree and at least 3- 5 years' experience of Local or Foreign Guarantees

Education

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

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Key Responsibilities:  

Operations Management:

• Translate and implement the Digital Payments Operations strategy into actionable operational plans.
• Provide regular feedback to the Head of International Payments on progress and performance against plans.
• Liaise with product house to keep abreast of trends in product processing and administration.
• Regulate work volumes to prevent backlogs and manage capacity to keep within agreed turnaround times.
• Sign, update and manage SLAs with stakeholders/strategic business units that Digital Payments Operations provides a service to.
• Provide input to process engineers, custodians and owners on the design and implementation of new processes.
• Maintain and regularly review the effectiveness of processes used in the clean payment environment and identify ways for improvement.
• Report all proposals before and during the process through to the Head of International Payments.
• Monitor and optimize process hand-offs between Payments and its stakeholders including other departments within Digital Payments Operations.
• Ensure continuous and disruption-free access to systems by monitoring and maintaining access to all systems through SLA agreements with Group IT.

Risk Management:

• Communicate processes, control requirements and risk management framework to all team members.
• Work with the Head of Digital Payment Operations, Head of International Payment, Risk Officers and other Managers within operations to understand and implement actions required to close out audit findings.
• Complete the required compliance and attestations.
• Log all Risk and Loss events as a result of error or fraud highlighted in the department.
• Follow up with the Group Forensics to ensure that the issues are thoroughly investigated and closed or escalated as per policy.

Finance:

• Rigorously monitor expenditure against approved budgets and put measures in place to address variances.
• Check with the team leaders/managers to ensure that all commissions from payments processed are recovered from the Business Units for each payment transaction.
• Monitor and control all General Ledgers accounts to ensure that the correct transactions are posted to the relevant accounts.

Reporting:

• Sign off end of day reports to control workflow and check that all items have been actioned and entries (Payment queues) are cleared by the team.
• Minute departmental meetings, best practice meetings, changes in the Absa policies that have an impact on the operations environment and store on the share drive for ease of reference.

People Management:

• Manage a team of payment teams leaders, consultants and specialist to ensure effective daily operations.
• Determine and analyze development needs for the team and ensure that identified training requirements are budgeted for and executed.
• Establish and maintain a succession plan for the team.
• Interview and recruit new members for the team, including determining appropriate compensation levels with input from HR.

Education and Experience Required:

• B-degree in or equivalent NQF level 6 qualification
• 7 years’ experience in Payments Operations/Processing environment
• 4 years’ experience in a management role within a Payments Processing environment
• 3 years’ experience in Vendor Selection and Service Level Agreement

Education

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

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Your key accountabilities will include;

Administrative Activities: 

• Planning and organizing
• Performing day-to-day administrative tasks as required, ensuring efficiency, improving processes and being proactive
• Co-ordinate meetings where required and prepare the necessary agendas or documentation for meetings
• Managing financial administrative processes and procedures end to end
• Providing business management support as required

Diary and Travel Management:

• Proactively manage the diary of the Managing Executive 
• Ensuring all travel requirements where needed are booked timeously, with preparing of any itineraries or meetings done efficiently
• Provide support to rest of the team where required

Stakeholder Engagement: 

• Taking responsibility for managing the expectations of stakeholders, ensuring a positive stakeholder experience 

Collaboration and Networking:

• Work with peers and colleagues to gain insights into new ways of work 
• Enabling team success

Quality Assurance, Verifying Information and Maintaining High Levels of Confidentiality:

• Maintain a desired level of quality in all work prepared and presented    
• Ensuring information is checked for accuracy and verified 
• Maintain confidentiality at all times 

Meeting deadlines/Innovation/Solutioning:

• Completing tasks timeously and communicated effectively where there are challenges in meeting deadlines and being innovative in solutioning where there are challenges 

Send us your CV if you have;

• A relevant Diploma / Degree
• 3-5 years in an Executive Assistant/Team Assistant role as well as dealing with Financial Admin Processes
• Proficient in Word/Excel/Powerpoint

Education

• Higher Diplomas: Office Administration (Required)

go to method of application »

Job Description

• Drive Financial Targets: Maintain primary ownership of a portfolio of Growth Account clients, differentiated by the level of complexity of the client base
• Relationship and Service Management: Actively develop strong client relationships. Conduct regular client visits in accordance with the Commercial Growth Account Value Proposition and initiate changes to ABB Product by providing input into product development to better service our clients
• 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.
• 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

• Bachelors Degree and Professional Qualifications: Business, Commerce and Management Studies (Required)