Job Description

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
Responsible for monitoring compliance with collateral management, financial covenants, and conditions in loan agreements and credit facilities. This role ensures adherence to regulatory standards, mitigates risk, and provides a seamless client experience throughout the transaction lifecycle.

Security Risk ManagementMonitor borrower performance against key financial ratios (e.g., leverage, DSCR, liquidity). Review borrower financial statements to ensure compliance with covenants and collateral conditions. Track financial trends and escalate early warning signs. Prepare internal reports and summaries for senior management. Collaborate with stakeholders (Credit, Legal, Risk) for compliance checks. Maintain monitoring tools, trackers, and transaction milestones. Support waiver/amendment processes and internal approvals. Ensure documentation accuracy and compliance with regulatory requirements.

Client & Service SupportAssist with operational queries and escalate as needed. Support stakeholder interactions and client engagement. Participate in deal forums and document operational risks. Ensure accurate system data entry and timely information requests. Review non-financial undertakings and flag issues for escalation.

Governance, Risk & ControlEnsure adherence to quality standards and regulatory requirements. Comply with Exchange Control Regulations, Sanctions Policy, and Trade Finance Standards. Complete compliance training and apply technical expertise for transaction accuracy. Escalate risks and maintain control environment to mitigate transaction risk. Support BCM plans and provide management information as required. Maintain accurate deal information for waivers, amendments, and consents.

Education & Experience RequiredBachelor's degree in Finance, Economics, Commerce, Banking, or Technology. Postgraduate degree or MBA (NQF Level 7) preferable. 5+ years experience in security risk management (collateral management, financial covenants). 1-3+ years Trade Operations and Banking experience. Knowledge of regulatory and statutory requirements: Basel III/IV. Proven experience in a customer-facing environment and stakeholder management. Sound banking knowledge and understanding of collateral management and covenant monitoring. Proficient in financial instruments, margining, and risk management processes. Advanced Excel skills and experience with financial modeling or data analysis tools.

CompetenciesDelivering results and meeting customer expectations. Accuracy and attention to detail. Excellent communication skills (verbal and written) for interaction with senior management and stakeholders. Strong analytical and problem-solving skills. Ability to manage multiple priorities in a fast-paced environment. Relationship management and influencing skills. Strategic thinking and commercial effectiveness. Time management and networking abilities.

Education
Further Education and Training Certificate (FETC): 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