Lead: Business Support

1 week ago


Johannesburg, South Africa Absa Bank Limited Full time

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.Job Summary

The jobholder’s primary responsibility is to be responsible for the management and delivery of turnaround and managed exit strategies to a select pool of “high value” and/or “high risk” and/or “complex” clients that are experiencing financial distress within predominantly (but not limited to) the Business Support portfolio, but can also extend to complex clients within the greater Relationship Banking Credit environment, from time to time, and as per management discretion.

**Job Description**:
Credit Risk Management
- Take ownership for the strategic management of the “high value” / “high risk” / “complex” /”high profile” Relationship Banking distressed client base ensuring that effective strategies are devised and implemented to ensure the management of impairments is within acceptable norms - i.e. impairments are forecast and raised in a timely manner.
- Support the Senior Business Support Specialist as they lead the detailed / complex negotiations with clients, other lenders, creditors and third party advisors regarding the agreement to, and implementation of strategy, to ensure properly mitigated credit risk for the Bank, based on continued Bank support and in the circumstances where strategies may conflict with client goals (e.g. insolvency).
- Where required take the lead in negotiating with clients, other lenders, creditors and third party advisors on complex transaction and/or where capacity is needed.
- Drive pro-active formulation and implementation of strategies pertaining to the client relationship, to improve credit risk.
- Make personal lending decisions within delegated personal mandate.
- Provide assistance and coaching to case managers in formulating strategies for the more complicated cases.
- Evaluation and approval / decline of credit proposals which lie outside the personal mandate of other team members in Business Support across all portfolios.
- Where necessary, stand-in as the chair of the various committees in the absence of the Head of Business Support.
- Attend the Regional, Segment and Relationship Banking Risk committee meetings, from time to time, and at discretion.
- Contribute to overall business and credit policy development.

Change Management
- Drive the development and execution of strategic projects (as required) from time to time
- To take ownership of the watchlist processes and drive standardisation across Business Support in terms of the way in which Business Support reports and measures its KPIs
- Develop and produce a Portfolio Review Committee monthly pack for discussion with Business Support leadership and Risk leadership

People Management
- Coach and support members of the team by assisting their technical development. Be responsible for the sharing of knowledge including technical solutions, tips, ideas and good practices within own and across other teams.
- Ensure that the resources and skills within the team are appropriate and comply with the requirements of the business area.
- Closely monitor and drive Key Performance Indicators/Drivers (as agreed from time to time).
- Ensure adherence to Absa’ values.
- Ensure that employee survey mechanisms are in place and based on the results, that corrective actions are taken where necessary.
- Drive diversity management.
- Build a pool of A players and raise talent levels.
- Be responsible for the sharing of knowledge including technical solutions, tips, ideas and good practices within own and across other teams

Stakeholder Management
- Raise local profile in the team as well as the broader Relationship Banking Credit team and business partners
- Ensure stakeholder alignment and satisfaction utilising sound stakeholder management techniques
- Champion the Business Support team’s relationship with internal and external Clients, develop a strong network of internal contacts, external and panel professionals to maximise financial benefit for the Bank.
- Position and promote Business Support with Relationship Banking Teams, Relationship Banking Risk, Group Risk as well as external Clients, Industry Specialists and peers.

Governance
- Ensure that appropriate mandates are in place and reviewed annually.
- Ensure that standards and/or policies are in place and they align with strategies and reviewed annually
- Ensure that processes and procedures are documented, aligned with strategies and reviewed annually.
- Maintain the necessary meeting and reporting structures to support a highly effective governance structure.
- Comply with the Bank’s credit policies, standards, frameworks and philosophy at all times, and check that any policy b



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