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.
Job Summary
To calculate, investigate and report the regulatory and economic capital position of each product and segment within the Business Banking Portfolio. This includes presenting the monthly performance to various forums, analyzing variances against plan and determining the impact of business initiatives on the capital outlook. The role also requires forecasting and planning, with thorough explanation of the various drivers of capital movements and management actions to stakeholders.Job Description
Capital and Portfolio Analytics
Report monthly capital performance
Investigate and provide rationale for variances against plan
Highlight and initiate any discussions pertaining to adverse performance and/or emerging risks
Measure impacts of any credit policy changes, regulatory and/or impairment model changes, or any changes in regulatory framework
Quantify potential impacts of once-off risk events
Conduct portfolio analytics to aid strategic business decision making
Challenge established thinking to facilitate improvements in systems and processes
Forecasting and Planning
Perform regular forecasting for capital, including intra-month forecasting as well as RAF, STP and MTP
Actively take part in Stress Testing exercises by reviewing and challenging model outputs
Data Analytics and Reporting
Produce monthly portfolio and account level capital data and reports
Ensure monthly Portfolio Performance Reports (with commentary) are completed in accordance with the agreed deadlines and required standards
Develop reports related to industry capital metrics to track performance relative to the market and to support risk appetite discussions
Provide in-depth data analysis to provide meaningful insights to be used in day-to-day decision-making processes
Stakeholder Management
Liaise with various internal stakeholders (e.g. Senior Risk Management, Credit Lending, Product Heads, BU Finance, FRM) to convey capital RWA numbers and portfolio performance, impacts of model changes and emerging risks
Engage with audit and compliance as required
Education
Bachelor’s degree or Honours in Mathematics/Statistics/Applied Mathematics /Actuarial Science/Engineering/Data Science/Business Mathematics & Informatics/Econometrics
Experience
3+ years’ experience in a Credit Risk environment
3+ years’ experience in developing data driven analytical strategies in a financial services company
3+ years’ experience in Programming (SAS preferred)
3+ years’ experience in using credit tools and systems
An understanding of Credit Risk Parameter Modelling tools and techniques would be advantageous (PD, EAD, LGD)
Knowledge & Skills
Credit Risk
Innovation
Analytical skills (advanced)
Understanding of business strategy
Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised
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.
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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.
