Jobs at Absa Bank Limited

Job Summary

The Chief Investment Officer will:

• Drive the company’s overall investment strategy in consultation with the Investment Committee.
• Deliver superior investment returns on client portfolio.
•  Support the Marketing Team in selling the Company’s investment products to grow assets under management.
• Lead Product conception, development and implementation.
• Manage a team of investment staff and coordinate with other department heads for smooth functioning of the organization.
• Serve as the overall relationship manager for the Company’s clients.

Job Description

Main accountabilities and approximate time split

Investment Duties; Time split 60%

• Convener & Chair of the AAML Investment Committee.
• Responsible for developing portfolios and delivering investment returns exceeding pre-set benchmarks.
• Manage a team of investment professionals. 
• Ensure timely and coordinated implementation of Investment Committee decisions.
• Regularly monitor portfolios under management and recommend any rebalancing strategies to bring them in line with both agreed investment committee strategies and Client current circumstances.
• Report in accordance with AIMR Performance Reporting Standards.
• Uphold and follow the CFA Code of Ethics, Standards of Professional Conduct and relevant ABSA governance provisions.
• Ensure investment decisions are backed by high quality and appropriate research and analysis, both internal and external.

Business Development Duties; time split 20%

• Keep abreast of latest developments in international and regional markets and develop appropriate products for launch. 
• Manage existing client relationships in order to retain and grow business from company’s clients.
• Support the Business Development team in presentations to potential clients.
• Leverage existing business relationships of the Group to grow company client base. 

Reporting & Relationship Management; time split 10 %

• Responsible for periodic reporting to clients incorporating economic and market overview, portfolio valuation and performance and strategy for the following quarter. 
• Coordinate with other Department heads for ensuring timely and accurate reporting to regulators (CMA/ RBA) as appropriate. 
• Making presentations to Client’s Investment Committees/ Trustees/ Fund secretaries.
• Preparing strategy papers, investment recommendations and reports to the Board, AAML Governance Committees and other relevant stakeholders.
• Actively manage relationships with brokers and other market participants.

Reporting & Relationship Management; time split 10 %

• Responsible for periodic reporting to clients incorporating economic and market overview, portfolio valuation and performance and strategy for the following quarter. 
• Coordinate with other Department heads for ensuring timely and accurate reporting to regulators (CMA/ RBA) as appropriate. 
• Making presentations to Client’s Investment Committees/ Trustees/ Fund secretaries.
• Preparing strategy papers, investment recommendations and reports to the Board, AAML Governance Committees and other relevant stakeholders.
• Actively manage relationships with brokers and other market participants.

Technical skills / Competencies

Academic Qualifications

• BSc. (Mathematics/Statistics/Actuarial Science), BCom. (Accounting/Marketing) or any other similar qualification from a recognized university. An MBA or its equivalent will bean advantage.
• CFA Charter holder or equivalent.
• Knowledge in investment reporting and corporate financial reporting.
• Knowledge of legislation governing Retirement Benefits and Capital Market Authority institutional and retail investments.

Knowledge, Expertise and Experience

Essential

• Minimum ten years’ experience in managing investments.
• Experience in managing and leading investment teams
• Track record of delivering superior investment returns
• Experience in managing funds on a global and/or regional basis will be an added advantage.

Preferred

• Retirement benefits management
• Research and Investments
• Accounting and Report writing
• People management.

Experience & Qualifications

Essential

• Visionary
• Entrepreneurial Spirit
• Market Awareness
• Customer Focus
• Continuous Innovation
• Ownership & Commitment
• Team Spirit

Preferred

• Portfolio management
• Client relationships
• Business development

Closing: 4 August 2022

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Job Summary

• To manage and sustain a portfolio of corporate customers, building long term relationships founded on efficient and reliable support for their business. This is achieved particularly through quick risk decisions and managing consistency and quality of operational service.
• The primary objective is to maximise risk-adjusted portfolio contribution.
• The jobholder will be responsible for business development both with new customers and with existing customers where they are expected to increase “wallet share”.
• Executing sales growth tactics and targets in collaboration with business partners (e.g. Transactional Banking; Global Markets; Asset Based Finance; Commercial Property Finance; Ecosystem; Bancassurance and any other business partners)

Job Description

Main accountabilities and approximate time split

Sales and Service: 65%

• Achievement of the portfolio’s annual financial targets: 
• Driving customer satisfaction (NPS score), developing and growing relationships with existing and potential customers, identifying opportunities for business development and guiding product development.
• Maintain Relationship Plans for all customers in the portfolio such that contact with customers is prioritized.
• Conduct annual and if appropriate, interim reviews of customers borrowing facilities
• Conduct annual and if appropriate, interim reviews with non-borrowing customers
• Determine the key messages, e.g. agreed service standards, negotiated pricing, relationship team contact points and new product changes, deciding upon the most appropriate communication method
• Deal with and find solutions to customer complaints
• Determine the products that are most effective in meeting customer’s needs and be able to sell these at short notice both reactively and proactively.
• Customer value chain analysis to gain an in-depth understanding of the customer’s business and identify opportunities linked to the strategies of the customer’s business.
• Research, create and follow up a target list for potential new business.

Business Management 30%

• Research, create and follow up on a target list for potential new business
• Identify priority customers using the Customer Relationship Planning templates to assess their present and potential contribution.
• Gather all the required information that is needed to prepare and assess credit applications. Role holder will be expected to input certain key information such as judgmental information. (They will work with Assistant Relationship Manager, Business Development Manager for relevant product, and the Corporate Credit Manager resources to construct credit applications).
• Control and quality of the portfolio, using available triggers and adherence to Risk management guidelines and policies.

Staff Management 5%

• Day to day coaching and development of Assistant Relationship Managers

Technical skills / Competencies

• Identifying and Fulfilling Customer Needs
• Personal Organization
• Business Awareness
• Commercial Acumen
• Adaptability
• Emotional Intelligence
• Business Growth and Development
• Decision Making
• Managing and Deepening Client Relationships
• Team Working
• Innovativeness
• Active Listening
• Analysis and good judgement
• Interpersonal Skills
• Ability to work under pressure
• Resilience

Skills required to undertake the role:

• Relationship management and development skills
• Credit Risk assessment and management skills
• General Corporate skills
• Communications skills (written and oral)
• Negotiation skills

Knowledge of the bank’s products, services and policies required to undertake the role:

• A detailed knowledge of the Commercial set of products as well as a broad understanding of products available in Absa Kenya.
• For Complex products, will have a detailed knowledge of the requirements of the more sophisticated customers.
• Introduce the product and co-ordinate the introduction of the relevant Group product specialist.
• A broad understanding of policies and strategies within the country as they relate to the demands of the customer base.
• A detailed understanding of Country and CBRM guidelines and credit risk policies.

Other requirements specific to the role:

• A bachelor’s degree in a business-related field from a university recognized by The Commission for University Education
• Additional relevant business-related professional qualifications or advanced degree will be an added advantage
• At least 5 years’ experience in Business / Commercial / Corporate Banking
• Solid credit / financial analysis background with sound instincts for risk assessment

Training likely to assist effectiveness in the role, and which may have been completed prior to undertaking this role:

• Internal and external senior risk assessment and management
• Structured Trade Finance
• Presentation
• Influencing and Negotiating
• Communication

Closing: 3 August 2022

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Job Summary

• The role holder is responsible for making use of tools to analyze data and report on business operations.
• The holder will be required to engage with core business teams regularly to identify and document requirements on opportunities for automation and simplification through better use of data and analytics.
• The role holder will also be required to use low code analytics tools to create quick solutions centred around organizational data and deliver self-service solutions for business users.

Job Description

Key accountabilities:-

• Engage business stakeholders to understand business requirements, create and validate use cases, user stories and wireframes.
• Participate in business initiatives to provide insights on opportunities for automation and enhanced data use.
• Prepare project plans to support analytics/automation projects.
• Manage business intelligence projects using agile to deliver value to stakeholders.
• Respond to business ad-hoc data requests using bank selected tools.
• Transform disparate datasets into usable artefacts for end users.
• Work with BI Developers to develop complex analytics solutions by providing clear business requirements and rallying stakeholders to test and approve results.
• Provide structures for users to test the analytics solutions before deploying to production.
• Design and refine reports and dashboards to solve business questions/use cases using bank approved low or no-code solutions.
• Develop and maintain documentation/manuals on reports, dashboards, and portals.
• Carry out regular user training as required to enable users extract insights from data solutions.
• Train power end users on basic data visualisation and data literacy skills for no code solutions.
• Work with Data Engineers to design data flows and data pipelines to support solutions.
• Work with BI Developers to ensure business reports and dashboards are accurate in line with changing business needs.
• Undertake research and development and actively challenge status quo with ideas to improve operations and existing solutions deployed by colleagues
• Identify and escalate data quality issues to the governance team for action.

Education and experience required:-

• Bachelor’s degree in IT, technology, data science, business analytics or math focused fields is preferred (or equivalent on-the-job experience and personal analytics projects).
• Minimum 4 years technical experience.

Knowledge and skills:-

• Strong analytical and diagnostic skills with focus on financial sector.
• Strong presentation and communication skills.
• Great interpersonal skills and ability to work remotely.
• Strong experience in working within a large complex organization with multiple stakeholders.
• Knowledge of technology project management tools such as JIRA, Planner, Azure DevOps.

Competencies:-

• Experience in use of Microsoft BI product stack and Power Automate.
• Experience in functional design of BI and MI analytics solutions.
• Experience in use of PowerBI, Tableau visualisation tools (Certification is an advantage).
• Proficiency in using query languages such as SQL.
• Experience in use of tools for analytics such as Alteryx, IDEA, ACL, Knime, Power Query, Dbeaver, Denodo.
• Knowledge of Hadoop platform especially use of HIVE.
• Knowledge of EDA techniques in both structured and unstructured data.
• Evidence of programming skills is an added advantage.

Closing: 4 August 2022

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Job Summary

To deliver operations administrative support services through the execution of predefined objectives as per agreed standard operating procedures (SOPs).

Job Description

• Operations support: Provide operations support against standard operating procedures 
• Ad Hoc duties: Provide support to customers and team as required to ensure team performance on an ongoing basis 
• Compliance and Risk Management: Fulfil all activities in adherence to relevant control and compliance requirements, and quality standards 

Closing: 29th July 2022