 |
| ABSA Group Limited |
Jobs in Tanzania 2022: New Job Vacancies at ABSA Group Limited, 2022
About Us
Truly African
We are a diversified standalone African financial services group, delivering an integrated set of products and services across personal and business banking, corporate and investment banking, wealth, investment management and insurance.
We are a diversified standalone African financial services group, delivering an integrated set of products and services across personal and business banking, corporate and investment banking, wealth, investment management and insurance.
Absa
Group Limited is listed on the JSE and is one of Africa’s largest
diversified financial services groups with a presence in 12 countries
across the continent and around 41 000 employees.
Absa Group Limited
is listed on the JSE and is one of Africa’s largest diversified
financial services groups with a presence in 12 countries across the
continent and around 41 000 employees.
Recommended:
PAST PAPERS ZA DARASA LA 7 MPAKA FORM SIX | ZIPO ZA NECTA NA MOCK 1988 - 2019. CLICK HERE!
We own majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, the Seychelles, South Africa, Tanzania (ABSA Bank in Tanzania and National Bank of Commerce), Uganda and Zambia. We also have representative offices in Namibia and Nigeria, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia.
Treasury Analyst & Execution Dealer
locations Absa House - ABT
time type Full time
job requisition id R-15944206Bring 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.
Recommended:
PAST PAPERS ZA DARASA LA 7 MPAKA FORM SIX | ZIPO ZA NECTA NA MOCK 1988 - 2019. CLICK HERE!
We own majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, the Seychelles, South Africa, Tanzania (ABSA Bank in Tanzania and National Bank of Commerce), Uganda and Zambia. We also have representative offices in Namibia and Nigeria, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia.
Treasury Analyst & Execution Dealer
locations Absa House - ABT
time type Full time
job requisition id R-15944206Bring 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.
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
Recommended:
CHECK SCHOLARSHIPS OPPORTUNITIES TO STUDY ABROAD CLICK HERE!Job Purpose
To be responsible for the in-country Balance Sheet Management functions of Asset and Liability Management, Execution Services, Investment, Liquidity and Funding, and Capital.
Key Responsibilities:
CAPITAL MANAGEMENT 20%
Key actions to include:
• Supporting the Head of Balance Sheet Management in managing the banks’ capital position
• Ensuring adherence to Capital Management policies and in-country regulatory and Board approved capital targets
• Engaging with Finance teams to understand balance sheet reconciliation and trends
• Supporting the Head of Balance Sheet Management in compiling a capital plan, which forecasts regulatory and economic capital demand & supply across business units over a 3-year planning horizon while assessing if the forecast capital position meets regulatory and Board approved targets
• Determining capital buffers and performing Cost of Equity calculations in line with Absa Treasury principles and methodology
• Supporting initiatives in the move to a Basel II regulatory environment
ASSET & LIABILITY MANAGEMENT (ALM) 20%
Key actions to include:
• Supporting the Head of Balance Sheet Management in managing the banks ALM process
• Achieving an appropriate risk profile within Group standards and risk tolerances by centralizing, netting and hedging all manageable risk via the Treasury Execution Services (TES) desk
• Measuring, analysing and interpreting interest rate risk in the banking book
• Performing margin compression analysis
• Performing structural analysis and adjustment of all balance sheet items
• Ensuring all behavioural assumptions (including pre-payment assumptions) are in line with Absa Treasury guidelines
Recommended:
Free CV Writing and Download, Cover/Job Application Letters, Interview Questions and It's Best Answers plus Examples. Click Here!
FUNDS TRANSFER PRICING (FTP) 15%
Key actions to include:
• Supporting the Head of Balance Sheet Management in managing the banks FTP process
• Ensuring FTP guides business (Retail, Corporate and Trading) behaviour and immunizes businesses from market risk as far as possible
• Ensuring Absa liquidity premiums are incorporated in all FCY pricing by business
• Maintaining all pricing assumptions to ensure FTP rates are aligned to, or will align the balance sheet to, required interest rate and liquidity risk profiles
• As part of the NPA process, assign the appropriate FTP rate to new products after assessing interest rate and liquidity behavioural profiles
ALCO PROCESS 20%
Key actions to include:
• Supporting the Head of Balance Sheet Management in managing the banks ALCO process
• Timely production of the monthly ALCO pack to required standards in conjunction with internal stakeholders (Risk, Finance and Credit)
• Co-ordination of contributions and business proposals on behalf of ALCO members
• Executing the functions of ALCO Secretary
LIQUIDITY & FUNDING 20%
Key actions to include:
• Supporting the Head of Balance Sheet Management in managing the banks Liquidity and Funding
• Ensuring appropriate funding profiles are achieved (diversification of funding base and lengthening of the funding profile)
• Supporting the Head of Balance Sheet Management in compiling an annual funding plan which is tracked monthly, with a challenge-and-review process against business STP and RAF forecasts to be presented at monthly ALCO
• Monitoring and reporting on adherence to all regulatory and internal funding requirements and limits as maintained by TES
• Ensuring all behavioural assumptions from a liquidity perspective are in line with Absa Treasury guidelines
• Responsible for the bank’s Liquidity Risk Appetite setting
• Responsible for liquidity stress testing
Recommended:
PERSONAL DEVELOPMENT
Key actions to include:
• Actively managing one’s own technical and soft skills development
• Researching, identifying and proposing training solutions to senior management for one’s own development
Risk 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
Knowledge of the Bank’s products, services and policies and/or other specialist knowledge required to undertake the role:
ESSENTIAL
• Understanding of the policies, procedures and ethical requirements of a Treasury environment
• Knowledge of interest rate risk management including structural and behavioural analysis
• Knowledge of liquidity and funding risk management
• Knowledge of capital risk management
• Knowledge of financial markets and economic fundamentals
• Knowledge of treasury, retail, corporate and capital markets products
• Excel competency
• Communication skills
Read Also:
NEW TANZANIAN JOBS, INTERNSHIPS AND VOLUNTEERING OPPORTUNITIES 2022 (1,475 POSTS)
PREFERRED
• A detailed knowledge of the Treasury Balance Sheet Management Understanding of banking across segments
• Ability to influence decisions with ability to lead strategy on future initiatives
• Ability to perform balance sheet behaviouralization
• Ability to ftp pricing curves and drive desired balance sheet behaviour
Absa Values
Absa’s 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
• I’m obsessed with customer
• I have an African heartbeat
• I believe our people are our strengths
Job Description
To be responsible for the in-country Balance Sheet Management functions of Asset and Liability Management, Execution Services, Investment, Liquidity and Funding, and Capital.
Education
- Higher Diplomas: Business, Commerce and Management Studies (Required)
Deadline: 2022-12-24.
No comments:
Post a Comment