Senior Manager: Payments
7 months ago
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
To develop tactical payment strategy and delivery plans, formulate associated practice/s and to ensure operational implementation and adoption of payments initiatives
**Job Description**:
- Ensure effective model implementation and optimal Payments decisioning and improved collections cash flow.
- Entails the development, validation, and implementation of Payments models. (i.e. activation, contactability, striking models etc)
- Implement payment strategies and support payment processes within the ambit of PASA and NCR. This includes the successful implementation of Debicheck, and any other changes authorised and regulated by the two bodies that may impact the collections policy.
- Design data driven risk-based Payment Strategies (i.e. pay date etc.)
- Payments & Collections Forum - Facilitate the scheduling of monthly Payments & Collections Forum ensuring attendance of key members.
- Manage the timely preparation, validation, and distribution of relevant Payments pack submissions Monitor key risk indicators monthly and identify, research, and escalate anomalies.
- Provide ad hoc analysis as required to support collections and payments pack submissions.
- Good understanding of the striking platforms, patterns, and portfolio sensitivity towards calendar days.
- Optimise payments (strike success and cash collected) based on these statistical models. Perform champion/challenger tests and continuously challenge the cost to collect across various collections streams.
- Data standards and Reporting Frameworks are maintained within Payments. Ensure continuous improvement in the data, set up automated daily and monthly reporting on all key metrics and strategy outcomes.
- Oversee the stability and availability of the Payments analytical platform, specifically the Payments data mart and access tools Manage the analysis of ad hoc investigations and provide solutions and recommendations to the business.
Education
Bachelor's Degrees and Advanced Diplomas: Business, Commerce and Management Studies (required)
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_
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