Operations Specialist

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

The Absa CIB Corporate Funds Management (CFM) team is responsible for managing corporates 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 to the Operations Manager and the broader team in all aspects of funding from applications and credit assessments through to loan collections.

Job Description

The role will mainly focus on the contracting, loan payout and post loan actives of the business which includes engaging with our Corporate clients and SME beneficiaries to manage loan defaults and loan restructures. Preparing various internal and external reports which include regular monthly Management Information, application trackers and loan statements as well as ad hoc reporting requirements. Managing the client invoicing process and revenue tracking of the business so an understanding of the STP process is required. Provide input into the technology development that will support the business. Liaise with the Legal team to ensure contracting documents are updated and revised on a regular basis. Oversee the implementation of various initiatives to support SME beneficiaries via our network of Business Development Support Partners. 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