Empowering Africa’s tomorrow, together…one story at a time.
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 extract from Compass, investigate and report the capital (Risk Weighted Assets and Economic Capital) of the retail products within Everyday Banking. This includes presenting the monthly movements to various forums, analyzing variances against plan and determining the impact of business initiatives on the capital.
The role also requires forecasting and planning, with thorough explanation of the various drivers of capital and returns metrics to stakeholders.
Job Description
Reporting of Financial resource consumption
- Reporting of monthly capital movements, providing rationale for variances compared against the plan at all Everyday banking performance quality review forums
- Reporting of monthly capital movements, providing rationale for variances compared against the plan at the WFS treasury meeting
- Report Everyday banking Financial Resources Management metrics
Forecasting to provide a forward-looking view of FRM metrics
- Perform regular forecasting for capital (Risk Weighted Assets and Economic Capital) including RAF, STP and MTP
- Load and extract results from Compass
- Actively take part in Stress Testing exercises by running the central model, reviewing and challenging model outputs
Risk and finance analytics
- Calculate and report on the Basel IV implementation impact
- Calculate and report the Model implementation impacts
- Track earnings volatility and understand early warning triggers
- Learn to work with Portfolio studio when the personal loans pilot is up and running to analyze economic capital movements
Stakeholder Management
- Liaise with various internal stakeholders (e.g., Treasury, Product Head, BU Finance) to convey capital and return metrics, impacts of model changes and emerging risks, etc.
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.
