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
This role will lead the impairments insights and planning, oversight of operational management of secured and structured assets, capital and RWA optimisation opportunities and strategies, optimizing VAF portfolio use of funding, funding rate strategies, structured funding arrangements and be an integral part of portfolio design, focusing on distilling the above into robust strategies to enable growth plans opportunities from the insights.Job Description
Impairments and Loss Strategy and Planning:
- To provide insight into impairment trends, including forecasts and variance analysis and to ensure appropriateness of coverage levels considering model parameter refreshes, updated economic outlooks and other risks not considered by the models.
- To work with collections strategy and operations on translating business insights into collections strategies and actionable results.
- Complete impairment planning in each cycle by working closely with collections strategy, collections operations, finance and portfolio management.
- Lead in rate refresh discussions from business credit risk perspective.
Securitization Operational and Administration Specialist:
- Identify and coordinate the operational activities in relation to securitization with specific focus on the risk and reporting activities.
Capital Optimization Strategy:
- Identify strategic, portfolio mix, regulatory and model optimization opportunities to improve risk weighted assets under Basel IV as well as considering both AIRB and the Standard approach.
Portfolio Funding Strategy:
- Identify strategic, portfolio mix, regulatory, structural, industry and partner related opportunities to improve overall funding rate, mix and margin.
- Support product innovation as it relates to optimal capital and funding strategies and loss outcomes.
- Partnering with finance, FRM, treasury, operations and executive leadership to optimize funding efficiency, loan performance and returns on deployed capital.
- Partnering with finance, FRM, treasury, operations and executive leadership to optimize funding efficiency, loan performance and returns on deployed capital.
- People management, coaching, performance management and talent development.
Qualifications and Experience:
- B degree with Postgraduate in Commerce or Risk.
- 15 years’ experience across impairments, credit, securitization and capital optimization.
Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)Skills Required
- Bachelor's degree in Business, Commerce, Management Studies, or a related field
- Postgraduate qualification in Commerce or Risk
- 15 years of experience across impairments, credit, securitization, and capital optimization
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.
