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
Develop and implement segment-specific credit strategies, including defining risk appetite, establishing early warning indicators, and driving capital and impairment forecasting through advanced credit analytics. Strengthen governance frameworks to support capital optimization and enable informed, risk‑balanced growth decisions.Embed and standardise credit risk management practices to ensure effective operational execution, adoption, and delivery aligned with approved methodologies, governance standards, and risk objectives.
Job Description
Impairments and Capital Forecasting:
Ownership of impairment forecasting for the PWB credit portfolio, including Expected Credit Loss (ECL) projections under IFRS 9.
Development and maintenance of forward‑looking portfolio scenarios, incorporating macroeconomic assumptions and stress outcomes.
Active monitoring of actual versus forecast impairments and capital consumption, with clear articulation of drivers and emerging trends.
Partnership with Finance to ensure alignment between risk forecasts, budgeting, and capital planning processes.
Risk Appetite Setting and Monitoring:
Support the definition and calibration of portfolio specific risk appetite metrics aligned to Group and Wealth risk appetite statements.
Ongoing monitoring of portfolio performance against approved limits, thresholds, and early warning indicators.
Escalation of breaches or emerging risks with clear root cause analysis and recommended management actions.
Contribution to governance forums through concise, insight driven portfolio reporting.
Credit Data and MI:
Support current MI capability, consolidating fragmented data into a consistent and usable information to stakeholders
Translate manual, disparate credit data into timely, decision‑ready portfolio insights for Credit, Risk, Finance, and Business forums.
Shift reporting from descriptive, retrospective MI to forward‑looking, actionable analytics.
Reduce reliance on manual data extraction, reconciliation, and ad‑hoc reporting.
Enable faster, higher‑quality credit and portfolio decisions through clear, aligned MI outputs.
Strategic Portfolio Analytics:
Development of advanced portfolio analytics to support strategy, including risk‑adjusted returns, concentration risk, and client‑level risk profiling.
Identification of structural risks and opportunities within the portfolio to inform product design, pricing, and growth strategies.
Support stress testing and scenario analysis to assess portfolio resilience under adverse conditions.
Provision of decision support for strategic initiatives, including portfolio optimization and growth prioritization.
Deliver insight‑led MI that explains portfolio behaviour, performance drivers, emerging risks, and concentrations.
undefined
Education
Bachelor Honours Degree: Accounting, Bachelor Honours Degree: Actuarial Science, Bachelor Honours Degree: StatisticsAbsa 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
Skills Required
- Bachelor Honours Degree in Accounting
- Bachelor Honours Degree in Actuarial Science
- Bachelor Honours Degree in Statistics
- Experience with IFRS 9 and Expected Credit Loss (ECL) forecasting
- Impairment and capital forecasting for credit portfolios
- Development of forward‑looking scenarios, stress testing and scenario analysis
- Portfolio analytics including risk‑adjusted returns, concentration risk and client profiling
- Credit data consolidation, management information (MI) and ability to shift reporting to forward‑looking analytics
- Experience setting and monitoring risk appetite metrics, limits and early warning indicators
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.
-
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.
-
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.
-
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.
