Recent Job Openings at Absa Group Limited (Absa)

Job Summary

• Applicable to SA only where the learner is based internally at ABSA for the duration of the Learnership programme.

Job Description

• All Learnership programmes funded by Absa, facilitated internally on behalf of Absa including the management of learners, training, payroll of stipends and overall administration of the Learnership.  
• Learners will participate in a one-year Learnership programme resulting in the achievement of a South African Qualifications Authority registered qualification.
• The appointed Training provider will manage both the theoretical knowledge and required experiential learning components for the duration of the Learnership programme.

go to method of application »

Job Description

• The role of Specialist: Capital Management is available in our Group Treasury Capital Management teamThis role performs detailed calculations and analysis in support of management information in relation to key Treasury specialist functionsThe immediate priority for the role holder is to assist with the delivery of management information reporting for Treasury and RiskThe role requires a broad understanding of the role of Treasury and / or Risk within a Bank as well as good communication skills

Accountability: Monthly Regulatory Capital Reporting 

• Take the lead in the monthly flash process to enable the management of regulatory capital ratios.
• Consolidate cluster information for the flash process.
• Work closely with the capital demand team to get an understanding of the key drivers for the capital demand movements.
• Provide commentary to management on the drivers of the movements in the Capital ratios/ metrics.
• Perform variance analysis on regulatory capital metrics to plan and investigate differences to plan.
• Track the capital adequacy ratios, including leverage, against the board targets and against regulatory minimums.
• Provide inputs into the Dashboard for Absa Treasury Committee reporting and ensure the accuracy of the data to be presented.
• Review the BA700 and work closely with the Regulatory Reporting team to ensure the accuracy of the BA700 data.
• Assist in the population of capital plan data in the BA 701return.
• Update financial conglomerate capital workings.

Accountability: Automation of Monthly Regulatory Capital Reporting 

• Take the lead in the specification of automation of monthly reporting packs.
• Guide development and Perform UAT.
• Approve moving automated reports to production.

Accountability: Prepare capital management committee papers:

• Absa Treasury committee
• Group Risk and Capital Management committee (GRCMC)
• Board Finance Committee (BFC)
• Absa Group and Absa Bank Board

Accountability: External reporting:

• Prepare capital tables for the Pillar 3, Booklet and preparation of Q1/Q3 SENS.
• Prepare speaker notes.
• Prepare capital slides that go into the investor relations slides.
• Prepare “Main Features” disclosure template.
• Upload “Main Features” disclosure template to the investor relations website
• Draft letters to Prudential Authority:
• To request approvals for capital issuances; and
• Prepare notifications of capital issuances.

Accountability: Peer review:

• Update and distribute peer landscape comparison on capital metrics.
• Analyze and comment on the quarterly movement of competitor’s capital ratios

Education and Experience Required

• Charted Accountant or Qualified Actuary or master in business Administration 9MBA) or equivalent NQF level 7 qualification or higher
• CA/CFA/PRM/FRM advantageous
• Minimum 1-2 years banking / financial services experience.

Knowledge & Skills: 

• Highly numerate individual with a strong quantitative / analytical background
• Experience with advanced excel and VBA an advantage
• Risk Metrics and profit calculation and attribution
• Attention to detail

go to method of application »

Key Responsibilities:

Client Data Management:

• Oversee the creation, maintenance, and updates of CIB client records in the master system(s) and related sub-systems.
• Ensure all client data is accurate, up-to-date, and compliant with internal policies and external regulations.
• Perform regular audits and data quality checks to maintain data integrity.

Client Onboarding Support:

• Collaborate with the Client Onboarding Team to facilitate the smooth onboarding of new clients.
• Provide expert support in troubleshooting and resolving any issues related to client static data.

System and Process Optimization:

• Identify opportunities for improving data management processes and systems.
• Work closely with IT and other stakeholders to implement system enhancements and process improvements.

CIB Product Knowledge and Payments:

• Utilize your understanding of CIB products, particularly in payments, to ensure client data aligns with the specific needs and requirements of the business.
• Act as a subject matter expert on CIB client static data and payments, providing guidance and support to colleagues across the organization.

Stakeholder Engagement:

• Liaise with internal stakeholders, including Sales, Compliance, Risk, and IT, to ensure client data requirements are met.
• Provide regular updates and reports to senior management on the status of client data and any related initiatives.

Qualifications and Experience:

• NQF5
• Minimum of 2 years of experience in a similar role within the financial services industry.
• Strong knowledge of CIB products and experience with payments processing.
• Proven experience in client data management, onboarding, and system maintenance.
• Excellent analytical, problem-solving, and communication skills.
• Proficiency in relevant data management tools and systems.
• Ability to work effectively in a fast-paced, dynamic environment.

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

• National Diplomas and Advanced Certificates: Business, Commerce and Management Studies

go to method of application »

Key Accountabilities

Accountability: Assist the team in team executing the following deliverables to Exco and other members of senior management

• Play an integral role in the month end reporting process starting with Flash reporting till Exco report and (GACC and Board when required)
• Prepare and present financial reports, including monthly, quarterly, and annual financial statements, to executive leadership.
• Analyse financial performance, identify trends, and provide actionable insights to senior management
• Drive continuous improvement in financial processes and systems to enhance accuracy, efficiency, and transparency
• Play an integral role in Cost and productivity programmes
• Assist the Planning team with Outlook/RAF and STP processes as required
• Support the planning and Financial Control teams with half year and year end booklets and the integrated reporting processes
• Assist with the Market guidance processes
• Lead on other ad hoc projects as is required
• Attend meetings to get briefing on work allocations to understand and complete their tasks to achieve team

Accountability: Ad-hoc requirements/submissions

• Execute ad-hoc queries daily that are dependent on external and internal requirements and vary considerably throughout the year
• Attend meetings as is required

Accountability: Cluster Relationship Manager (CRM) roles

• Communicate with BUs and Functions and relay critical information and requests.
• Perform all other duties as reasonably assigned.

People Investment Accountabilities

• Peer responsibility: Engage and develop finance and business savvy leaders.
• Play to our A-Game culture of culture of inclusivity, diversity, entrepreneurship, and ownership.
• Network with finance colleagues across Group Finance and create awareness of challenges, opportunities and issues and encourage collaboration
• Focus on Finance skills evolution and remaining relevant.
• Role/Person Specification

Qualifications and experience:

• B Com degree with Honours or Masters (major in Accounting, Financial Management or Economics)
• CA (SA) / CIMA with 5-8 years PQE
• Non-CA (SA) / CIMA with 7-10 years’ relevant experience in Financial Services organisation
• Able to work effectively across a multi-service Financial Services organisation
• Previous exposure to financial management reporting in a complex large organisation

Knowledge and skills:

• Advanced Financial Accounting
• Analytical skills
• Self-driven and good interpersonal skills
• Attention to detail
• Deadline driven
• Advanced Excel and PowerPoint skills
• Experience in handling big data
• Some knowledge of dashboards and PowerBI

Preferred:

• Knowledge of financial markets
• Knowledge of economics

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

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

go to method of application »

Job Description

Product Development:

• Design, develop, and implement digital banking products and features.
• Collaborate with product managers to understand customer needs and translate them into technical specifications.
• Ensure seamless integration of new features with existing systems and workflows.

Technical Expertise:

• Develop and maintain front-end and back-end components of digital banking applications.
• Ensure the scalability, security, and performance of the applications.
• Stay updated with the latest technologies and industry trends to continuously improve product offerings.

 Collaboration and Coordination:

• Work closely with cross-functional teams including UX/UI designers, business analysts, and QA engineers.
• Coordinate with stakeholders to gather requirements and provide regular updates on project progress.
• Participate in agile development practices, including sprint planning, daily stand-ups, and retrospectives.

Quality Assurance:

• Conduct code reviews to maintain high-quality standards.
• Write unit and integration tests to ensure robustness and reliability.
• Troubleshoot and resolve technical issues and bugs.

5. Documentation and Training:

• Create and maintain technical documentation for reference and training purposes.
• Provide training and support to other team members and end-users as needed.

Skills and Qualifications:

Technical Skills:

• Proficiency in front-end technologies (HTML, CSS, JavaScript)
• Strong back-end development skills (Java, Python)
• Experience with databases (SQL and NoSQL).
• Knowledge of cloud services (AWS, Azure, Google Cloud).
• Familiarity with DevOps practices and tools.

Product Management Skills:

• Ability to understand and translate business requirements into technical specifications.
• Experience with product lifecycle management from conception to launch.
• Strong analytical skills to assess product performance and identify areas for improvement.

Soft Skills:

• Excellent communication and collaboration skills.
• Problem-solving mindset with a focus on delivering practical and efficient solutions.
• Ability to work effectively in a fast-paced, agile environment.

Experience:

Bachelor's degree in Computer Science, Engineering, or related field.

Several years of experience in software development, preferably within the financial services industry.

Experience with digital banking solutions is a plus.

Key Competencies:

Customer Focus:

• Understand the needs of business banking clients and develop products that provide value and enhance their experience.

 Innovation:

• Continuously seek opportunities to innovate and improve digital banking products and services.

Attention to Detail:

• Ensure accuracy and thoroughness in all aspects of product development and implementation.

Adaptability:

• Ability to adapt to changing priorities and new challenges in a dynamic work environment.