Time left to apply End Date: December 28, 2024 (5 days left to apply)
Job requisition id R-15970532
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.
My Career Development Portal : Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa. You are possibility. Job Summary Responsibility for the management of the portfolio(s) across the Credit Life Cycle in aggregate, which comprises of the following:
Product PlanningCredit InitiationAccount MaintenanceFraud ManagementCollections & RecoveriesResponsible for developing and adhering to business mandate and scale triggers for all productsSetting of product risk appetite and strategiesPolicy formulation / circulars – owner of the portfolio Risk policies and Procedures and ManualsProvide input into developing and review of Portfolio modellingAnalysis of management Information with appropriate recommendations to the Head of CreditLiaison with product/business managers and ownersInitiate, agree and monitor Collection and Recoveries strategiesAccountability for all Credit scorecard design, implementation and reviewInput into Junior Consumer Credit Risk staff Performance developmentAgree and be responsible for all change initiatives in portfolioMain accountabilities and approximate time split 30-40% – Credit Risk Management Time Split
Assess a customer's business through the analysis of Business and Credit risks associated with the provision of the bank's products and services to the customer.Develop high quality credit solutions with the view of obtaining fast credit approval from Credit teams.Act as the joint contact for credit management purposes for accountants, solicitors and other professionals.30 - 40% – Portfolio Management Time Split
Manage the portfolio within agreed risk appetite.Formulate strategies that drive growth while maintaining an acceptable level of risk to achieve agreed performance targets.Develop a strong Risk/COO/Consumer Business partnerships.10 – 20 % – Leadership Time Split
Develop a highly motivated team of portfolio analysts maintaining excellent relationships within own team and wider business to ensure achievement of business goals.Consider the training and development needs of the team and support the development and implementation of solutions.Ensure effective performance development and succession planning for the team.Technical Skills/Competencies Strong intellect balanced by practical and pragmatic approachDecisiveStrong internal and external networkingAnalyticalRisk ManagementBusiness ManagementPeople management and coachingCommunications (written and oral) and presentationsEffective negotiation and influencingStrong Lending skillsInfluencingEssentialComprehensive technical credit skillGeneral commercial/industry awarenessWorking knowledge of risk management policies, procedures & pricingWorking knowledge of Group policies and strategies relative to the credit functionProduct knowledgeDetailed understanding of the vision for RiskDetailed understanding of the Bank's policies on Employment/Redeployment, Equal Opportunities and Health & SafetyWorking knowledge of local country structure and strategyLeadership and performance development of a teamManaging risk and rewardRisk and Controls Objectives Manage risk and control effectively by applying applicable risk frameworks and embedding a positive risk culture.
Understanding of own role in the end to end processes in which you play a part, including applicable risks and controls.Adhere to Barclay's policies and procedures applicable to own role, demonstrating sound judgement and responsible risk management.Report all risk events / incidents / issues using the defined process for your business area and help to understand why these happened and how to prevent them in future. Proactively look for ways to improve the control environment by considering what could go wrong in the processes you operate and how errors could be prevented.All mandatory training completed to deadline.Technical skills / Competencies Personal Attributes: Basic operations knowledgeStrong product management, selling and negotiation skillsExcellent communication skills enabling communication with people at all levelsAbility to execute analytical and data driven decisionsAbility to create and identify innovative solutionsEssential and preferred Experience Experience, qualifications and other requirements specific to the role What does the role holder need to know/know about and/or be qualified in?
Degree or equivalent business experience, desirablePostgraduate degree (e.g. MBA) or Mathematical or financial qualificationSkills & Competencies What does the role holder need to be able to do/be good at doing?Highly competent in analysis and numeracyOthers Absa Values Absa's Values and Behaviours represent the set of standards which govern the actions of all of us who work for the bank and against which the performance of every one of us in Absa are being assessed and rewarded:
TrustResourcefulStewardshipInclusiveCourageEducation Higher Diplomas: Business, Commerce and Management Studies (Required)
About UsAbsa Group Limited ("Absa Group") is listed on the Johannesburg Stock Exchange and is one of Africa's largest diversified financial services groups.
Absa Group offers an integrated set of products and services across personal and business banking, corporate and investment banking, wealth and investment management and insurance.
Absa Group owns majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania (Absa Bank Tanzania and National Bank of Commerce), Uganda and Zambia and has insurance operations in Botswana, Kenya, Mozambique, South Africa and Zambia. Absa also has 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.
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