JIUNGE NASI WHATSAPP TU FOLLOW. BONYEZA HAPAJob Vacancies at Absa Group Limited April 2022
Head of Corporate CreditĀ
Bring your possibility to life! Define your career with us
Job Vacancies at Absa Group Limited April 2022 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 lead, drive the performance of and actively manage the teams charged with the business of credit risk sanctioning with specific responsibilities for Absa Bank Tanzania Corporate & Business Banking portfolio customers ( majority with credit exposures of <Ā£500k).
- Ensure as a Team Leader and sanctioner that the agreed asset quality of the corporate portfolio is maintained, both as regards risk decisions supporting origination, interim reviews, annual reviews and on-going monitoring and control.
- Deliver a World-Class Credit service for the Country of responsibility.
- Risk representative on Commercial credit Committees
Job Purpose.
- To lead, drive the performance of and actively manage the teams charged with the business of credit risk sanctioning with specific responsibilities for Absa Bank Tanzania Corporate & Business Banking portfolio customers ( majority with credit exposures of <Ā£500k).
- Ensure as a Team Leader and sanctioner that the agreed asset quality of the corporate portfolio is maintained, both as regards risk decisions supporting origination, interim reviews, annual reviews and on-going monitoring and control.
- Deliver a World-Class Credit service for the Country of responsibility.
- Risk representative on Commercial credit Committees
Main accountabilities and approximate time split
Team Leadership 30-40%
Outputs:
Develop highly motivated team maintaining excellent relationships within own team and wider team to ensure achievement of business goals. Lead by example across the risk community ensuring a collaborative approach to the Relationship and Sales Risk Partnership. Consider the training and development needs of the team and support the development and implementation of solutions. Act as a role model and drive proactive application of Absa Behaviors throughout the team including establishment of common goals and objectives. Ensure effective performance development and succession planning for the team.
Credit Risk Management30-40%
Outputs:
- Ensure the highest standards of credit quality through the sanctioning, sampling and application of best practice to credit proposals, and maintenance of these standards throughout the Corporate Credit Team.
- Implementation and on going delivery of credit policy and processes.Ā Feed into business and credit policy development.
- Sole lending discretion; BBG linked up to a maximum of Ā£500k. (depending on personal experience/accreditation)
- Exercise personal judgement and discretion in the evaluation and approval/decline of credit proposals.
- Responsibility for personal & team adherence to governance, compliance and lending portfolio controls. Ensuring conformance to policy and procedures including proactive management of agreed responsibilities for Data Integrity.
- Maintain interactive relationship with Coaching & Support and Conformance and Audit Team.
- Challenge pricing in order to maximise value. Ultimate sign off at customer level remains with Country Corporate Director.
Business Risk Partnership 10-20%
- Support Corporate Credit Directors, EM in monitoring service & delivery in line with business needs.
- Work in partnership with the Corporate Director to ensure that the local credit teams act to proactively anticipate respond to and seek to exceed the expectations of customers. Always look to add value.
Business ManagementĀ 20-30%
- Proactively embed agreed change initiatives e.g. in support of process & quality improvements, cost reductions and development of credit people.
- Manage high volume workflow to world class standards of quality and cost.
- Deliver within cost budget using āworking smarterā approach.
Technical skills / Competencies
- Leadership
- Workflow management
- Strong intellect balanced by practical and pragmatic approach
- Decisive
- Strong internal and external networking
- Analytical
- Risk Management
- Business Management
- People management and coaching
- Communications (written and oral) and presentations
- Effective negotiation and influencing
- Credit assessment and sanctioning
Knowledge, Expertise and Experience
Essential
- Comprehensive technical credit skills
- General commercial/industry awareness
- Working knowledge of risk management policy, procedures & pricing
- Working knowledge of Group policies, pricing and strategies relative to the credit function
- Product knowledge
- Detailed understanding / fit of the vision for Risk
- Detailed understanding of the Bankās policies on Employment/Redeployment, Equal Opportunities and Health & Safety
- Working knowledge of local country structure and strategy
- Leadership and performance development of a team
- Workflow management
- Proven track record in the successful delivery of risk management
- Managing risk and reward
Qualification
ACIB or equivalent business experience, desirable
Additional Details
Head of Corporate Credit has direct impact upon credit quality and therefore consumption of economic capital. Has an influence on return. Is directly responsible for Operational risk within specific team environment.Ā Failure to have these areas maintained would impact Bank profitability and brand.
HOCC will be the local credit representative upon Country Commercial Management Committees and so will influence the overall country business objectives and deliverables.Ā It will also be a forum to gain impact from a credit perspective to issues affecting asset quality and appetite.Ā The role will include liaison with local regulators as needed.
A specific coaching and training plan will be developed in order to achieve accreditation for credit risk allowing direct, one stop sanctioning.Ā Achievement of this ālicenseā will be an integral measure of success in the role.
Wholesales Credit Head operates across large geographic areas, covering widely different businesses & industry sectors.
Wholesales Credit Head impact is high in the identification and management of impaired debt. Early identification of problem cases, and close working with Absa Business Support, minimises potential credit losses to the Bank.
Wholesales Credit Head value rests in managing high volume sanctioning.
Competencies
- Drive Performance
- Build Pride and Passion
- Delight Customers
- Grow Talent and Capability
- Execute Plans at Speed
- Protect and Enhance our Reputation
Absa Values
AbsaāsĀ Values and Behaviours represent the set of standards which governs 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:
- I drive high performance to achieve sustainable results
- Iām obsessed with customer
- I have an African heartbeat
- I believe our people are our strengths
Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)
Head of Affluent Segments
Bring your possibility to life! Define your career with us
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
- Responsibility for implementation of the agreed Premier and Prestige strategy in Tanzania, driving and delivering exceptional business performance through powerful leadership of the regional Head of Segment.
- To interpret and communicate overall Prestige Strategy into implementable short-term steps.
- Responsible for the overall performance of Premier and Prestige Segment in-country
Job Purpose
- Responsibility for implementation of the agreed Premier and Prestige strategy in Tanzania, driving and delivering exceptional business performance through powerful leadership of the regional Head of Segment.
- To interpret and communicate overall Prestige Strategy into implementable short-term steps.
- Responsible for the overall performance of Premier and Prestige Segment in-country
Main accountabilities and approximate time split
Providing Powerful LeadrshipĀ Ā Ā Ā 40%
- Build, develop and motivate high performing teams committed to achieving success through each other
- Ensure that your Managers are developed to achieve their maximum potential whilst also coaching them to build their awareness of the strengths/development needs of their people
- Effective resource management/planning that reflect current and future business requirements ā ensuring the correct balance of numbers, skills, and experience of your people
- For all direct reports, agreeing challenging performance objectives and measures providing regular feedback and honest assessment on achievements
- In the way you lead daily, be a role model for your people ā doing things wholeheartedly, communicating with passion and enthusiasm, embracing change as a way of working
- Creating an empowering environment for your people encouraging individual ownership, initiative, and challenge of the status quo
- Pursue your own development to increase personal effectiveness acknowledging strengths and areas for development
DRIVING BUSINESS DIRECTION 40%
Work with the BA head of segment to agree the proposition strategy for Tanzania.
Own and bring this strategy to life for stakeholders, clients, and colleagues to provide clear direction on the proposition objectives.Ā Translate and priorities the objectives into business performance measures at country level
Accountable for overall achievement of Affluent segment Performance Objectives for nominated areas:
- Ā Ā Ā Employee satisfaction
- Ā Ā Ā Customer experience
- Ā Ā Ā Sales growth and income contribution
- Ā Ā Ā Cost performance
- Ā Ā Ā Operational Risk and Rigour management
- Understand and articulate aggregated country requirements and feed this back to the BA segment head to shape the client offering
- Collaborate cross ā functionally to provide high standards of service delivery
- Work with the Head of branch network and head of sales to achieve sales & service objectives through in-branch business development activities, providing feedback to the branch network on their performance.
- Work with Prestige portfolio managers to develop customer approaches for individual prestige relationships, setting size of wallet and cross-sell targets, and providing regular coaching and feedback to them on their progress towards achieving objectives.
- Coach Prestige Portfolio managers on available retail products, process, and criteria to ensure that they become experts in selling.
- Discuss and finalize Performance Development Plans and ratings for Portfolio managers and Premier Relationship Managers.
Risk and Controls Objectives 20%
- In the event of major issues in the business unit, act as crisis coordinator and allocate tasks to the crisis teams.
- Review the risk and compliance profiles of the business unit on a regular basis and provide consultative support to the Managing Director on changes that are required to rebalance risk and reward where required.
- Understanding of own role in the end-to-end processes in which you play a part, including applicable risks and controls.
- Adhere to Absaās policies and procedures applicable to own role, demonstrating sound judgment and responsible risk management.
- Keep up to date on all regulatory changes and can articulate the impact to the Business, be well informed on the industry thinking.
- All mandatory training completed to deadline.
Technical skills / Competencies
Personal Attributes:
- Setting Business Direction
- Inspiring Business Performance
- Achieving Business Performance
- Managing and developing yourself
- Implementation-focused
Skills required to undertake the role:
- People Management.
- Communication and Presentation.
- Commercial Awareness
- Management of performance
- Resource Management
- Cultural and Change Management
- Networking.
- Team working ā Building and developing high performance
- Planning.
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Knowledge, Expertise and Experience
- In ā depth understanding of the full range of Premier/Prestige product set, Small Business Services, and an overview of Corporate.
- An understanding of technical support systems e.g., Brains, Winfos.
- Good understanding of BARAF Risk Policy and Group governance requirements.
- Detailed understanding of Premier/Prestige Strategy, operating structure, and interface with other functions
- Good understanding of Absa Africa Group structure and interfaces with other functions
- Knowledge of the Absa Africa people policies and procedures.
- Maintain an up-to-date knowledge of competitor and market activity in local cluster
- Graduate calibre with circa 7 years experience in business management.
- Business Management experience of a distributed channel; circa 3-5 years
- Experience of managing large teams
- An understanding of the Personal High Value Clientsā needs in the East African marketplace
- Basic understanding of investment banking techniques and products
Absa Values
Absa Values and Behaviors represent the set of standards which governs 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:
- I drive high performance to achieve sustainable results
- Iām obsessed with customer
- I have an African heartbeat
- I believe our people are our strengths
Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)
Head of DebtĀ
Bring your possibility to life! Define your career with us
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
Manage the Debt assets products at Absa Bank Tanzania Corporate Banking segment and lead all the activities required to grow the franchise in an effective manner, including appropriate pricing and structuring, focus on cross sell, and becoming the leading bank in Tanzania
Job Description
- Directly manage the Debt Balance sheet and P&L targets ā along with the relationship managers and product teams
- Formulate overall strategy across coverage segments including products, customer proposition, lending approach.
- Assist Relationship Managers in originating and executing debt transactions across all teams.
- Originate, execute Debt and Investment Banking opportunities
- Work with specialist product areas to offer clients a comprehensive and competitive package to meet their requirements.
- Ensure arrangements with key internal product partners operate in an efficient manner.
- Implement Debt Pricing Policy and ensure appropriate product and relationship pricing.
- Lead New Product Approval process for Debt products at a country level.
- Be fully aware and compliant with all governance issues affecting Debt financing and address these issues accordingly.
- Maintain an up to date Debt pipeline through Salesforce
- Ensure monthly product revenue validation is conducted and pricing on debt products is done above minimum hurdle rates.
- Understand dynamics of Debt portfolio, identify opportunities as well as maintaining good credit quality of the portifolio through proactive monitoring and control
Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)
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