Operations Specialist

2 weeks ago

Sandton, South Africa Absa Group Full time R400 000 - R800 000 per year
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 Absa CIB Corporate Funds Management (CFM) team is responsible for managing corporate's development funds which are distributed to small and medium (SME) businesses by way of loans or grants to help drive job creation through transformation initiatives. The CFM team is currently recruiting for an Operations Specialist to support the Operations Manager and the broader team in all aspects of funding from applications and credit assessments through to loan collections.
The ideal candidate should have a minimum of 5 years' experience preferably in an operations environment and credit exposure. Knowledge of Business banking systems and processes is also a key requirement.

Job Description

The role will mainly focus on the Execution function which includes managing the pool of loan applications, preparing credit motivations and submitting to the BB credit team. Engaging with our Corporate clients and SME beneficiaries to manage the loan application process, ensuring our team meets SLA timeframes.

The role will also include portfolio management for a number for key corporate clients. This covers monitoring the active loans, proactive arrears management and regular engagements with front line, credit, corporates and SMEs.

The ideal candidate must have a recognized financial qualification with a minimum of 5 years Finance experience. Be confident to engage with CIB clients at various levels of seniority and chair internal and external meetings. Excellent Excel and interpersonal skills are a must as well as a positive, flexible attitude. An understanding of the SME market, the BBBEE scorecard and ESG framework would be advantageous.

Education

Bachelor`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

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