Job Description

Empowering Africas tomorrow, togetherone 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 Our CIB Trade Operations is looking for your expertise in order to provide support to the Chief Operating Officer, Africa Regional Operations.Your key accountabilities will include the following;

• Ensuring total lifecycle management of the Trade transactions including upstream and downstream critical support areas (Sanctions, SWIFT, Regulatory reporting, settlement/payments etc.)
• Ensuring the existence of adequate and robust policies, procedures, processes, and controls are documented and implemented (automated/ manual) to ensure compliance with applicable rules and regulations.
• Enhancing the experience of the operations end-to-end value chain, through optimal experience methodologies, practices, and Solutions driving ongoing improvement in efficiency and productivity
• Ensuring accurate and timely processing of all transactions for Trade and Working Capital products within organizations agreed SLAs, policies and procedures and risk appetite

• Staying abreast of best practice development/s both within Absa and Globally to ensure standardisation & strategic alignment for Operations across all markets.
• Driving the implementation of the Trade & Working Capital Operations target operating model across markets outside South Africa, currently across 10 business entities, but likely to expand in future.
• Leading the TWC country Operations teams to deliver improved operational effectiveness in the delivery of support to internal and external customers in ARO.
• Integrating wider Operations & Technology functions (IT, Control, MI, Change, Risk) through matrix report lines to ensure the enhancement and maintenance of operational processes, projects, controls and procedures across Africa.

• Playing an active role in the completion of the implementation and embedment of all client channels, workflows and the banks strategic systems. Help ensure adoption improves STP for TWC and delivers the expected business results (costs, risk and revenue)

• Delivering world class operations service to BUs and functions in Africa

Send in your CV if you have the above mentioned experience as well as;

• AvBachelors degree in commerce, banking, Economics, Technology, and/or
• A Post Graduate degree or MBA preferable.
• 10 plus years of Trade Operations and Banking experience
• Knowledge of regulatory and statutory requirements: FICA, Exchange Control, Sanctions Trade and Working Capital, Money laundering

EducationBachelor`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