With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Belonging at Absa
Absa is committed to creating an inclusive workplace where everyone can thrive. We are an equal opportunity employer and welcome applications from suitably qualified individuals from diverse backgrounds. In support of our Diversity, Equity, Inclusion and Belonging (DEIB) commitments and Employment Equity objectives, preference may be given to candidates from underrepresented designated groups, including persons with disabilities. We encourage applicants who may require reasonable accommodation during the recruitment process to let us know so that appropriate support can be provided.
Job Summary
The Absa Corporate Development team is looking for a consultant to assist in the management and execution of our strategic Mergers and Acquisition (M&A) agenda and to ensure correct governance and control thereof.Job Description
You will be expected to be experienced in respect of M&A origination and execution and to be able to become familiar with Absa’s governance requirements.
Accountability: Origination
- Develop and manage the groups strategic M&A agenda in conjunction with senior management.
- Build relationships with internal and external stakeholders.
- Provide ongoing market coverage by business segment and by geography.
- Evaluate draft acquisition / disposal / JV Business cases.
- Prepare valuations.
Accountability: Execution
- Oversee the due diligence process to ensure smooth execution of delivery.
- Develop final acquisition/disposal/JV business cases.
- Lead deal structuring from start to finish to ensure success of the deal.
- Negotiate key terms and legal documentation which will be submitted to the client.
- Manage the offer/bidding process.
- Oversee the preparation of announcements.
- Manage the resolution of Conditions Precedent.
- Oversee the completion process.
Accountability: Governance
- Establish and manage deal teams.
- Manage insider lists.
- Select, engage and manage advisors.
- Implement Confidentiality Agreements.
- Manage internal approval processes for acquisitions / disposals / JV’s.
- Perform the M&A evaluation support function for Absa's Group Investment Committee.
Accountability: Stakeholder Management
- Effectively communicate developments within areas of activity to all relevant internal and external stakeholders.
- Develop and maintain good working relationships with internal and external business partners, including but not limited to all delivery channels used, group marketing, group communications. Other prospective providers etc.
- Liaise with all business partners to ensure all management information they require is provided to them timeously.
- Perform all other duties as reasonably assigned.
Role/Person Specification
Education and Experience:
- CA (SA) or equivalent preferred. Alternatives considered based on relevant knowledge, skills and experience
- Essential: minimum 2 years post-qualifying experience in investment banking, corporate finance, transaction services or private equity
- Desirable: 5 years post-qualifying experience in investment banking, corporate finance, transaction services or private equity
Knowledge and Skills:
- Excellent analytical and technical skill set (financial analysis, valuation, due diligence, modelling and commercial documentation)
- Experience in a global investment banking environment with exposure to M&A international best practice
- Banking and insurance sector M&A experience, including African M&A experience
- Tactful and persuasive with the ability to convince minds at various levels of the organization
- Strategic and commercial mindset
- Problem-solving / solutions oriented
- Strong attention to detail and an analytical approach
- Persistent in nature and a data-driven working style
- Ability to work in a team environment and foster knowledge sharing and mentoring of other team members
- Strong communication (verbal and written) and interpersonal skills at various levels
Competencies:
- Technical Knowledge
- Business Skills
- Control Environment
- Personal & Interpersonal Skills
- Commercial Effectiveness
Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)Skills Required
- Bachelor’s degree or Advanced Diploma in Business, Commerce, or Management Studies
- Minimum two years of post-qualifying experience in investment banking, corporate finance, transaction services, or private equity
- CA (SA) or equivalent qualification
- Five years of post-qualifying experience in investment banking, corporate finance, transaction services, or private equity
- Experience in a global investment banking environment with exposure to international M&A best practices
- Banking and insurance sector M&A experience, including African M&A experience
- Strong financial analysis, valuation, due diligence, modelling, and commercial documentation skills
- Strong communication, interpersonal, analytical, problem-solving, and stakeholder-management skills
Absa Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Absa Group and has not been reviewed or approved by Absa Group.
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Healthcare Strength — Medical aid, group life, disability, and funeral cover are described as comprehensive, with features such as terminal‑illness advances and beneficiary grocery benefits. Wellness and assistance offerings support overall financial and personal wellbeing.
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Retirement Support — A pension fund and group retirement arrangements are positioned as core benefits within fixed remuneration. Retirement coverage is embedded alongside other protections as part of standard employment.
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Equity Value & Accessibility — Employee share‑ownership (eKhaya) and equity‑linked awards broaden wealth‑sharing, with dividends or cash‑equivalent participation in some markets. This provides longer‑term value beyond base pay.
Absa Group Insights
What We Do
Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise growth on the African continent and beyond. We’re a truly African brand, inspired by the people we serve in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda, and Zambia. We also have representative offices in China, Namibia, Nigeria and the United States, as well as securities entities in the United Kingdom and the United States, along with technology support colleagues in the Czech Republic.
