Principal: Client Solutions Aro

Sandton, Johannesburg, South Africa

Job Description


Empowering Africas tomorrow, togetherxe2x80xa6one 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 Client Solutions Group ARO team is a multi-asset sales and structuring team that offering risk management, structuring, secured financing and hedge execution for our clients. The team services Financial Institutions, Sovereign and Corporate client across the African continent. Headquartered in Johannesburg, the team services client needs in both Absa Presence and Non-Presence markets. Working closely with the Global Markets Teams in our presence markets, and services the non-presence markets where Absa interfaces with clients in conjunction with our Client Coverage team. The Team has deep sector expertise across the strategic sectors that drive the African Growth story.
The successful candidate will be responsible for the origination, structuring and execution of structured solutions for clients across our Africa Regions Office with a primary responsibility for servicing Non-Banking Financial Institutions. The candidate is also expected to, together with internal partners, to interface with clients to develop dedicated solutions and bespoke offerings. This is an excellent platform for personal and professional development within a highly committed and collaborative team in an international and fast-paced environment.
Suited to a team player who has strong track record and a real passion for designing and implementing bespoke structured solutions. University degree (B. Comm or related Financial Qualification) with relevant working experience (10 years +) in Structured Sales, Global Markets or other structured finance areas (Africa experience would be a bonus)

Origination and Deal Structuring
- Initiating and executing all-round structuring and sales activity for the Client Solutions team within Global Markets with primary responsibility for transactions in ARO
- Pricing, structuring, marketing and executing of moderate to highly complex derivatives as well as related instruments for transactions in-country and in South Africa (centre)
xc2xb7 Engages in all aspects of the transaction inclusive of internal and external client relationships, legal documentation, pricing and modelling, credit limit verifications, regulatory, accounting and taxation
- Stay abreast of industry trends, best practice, key role players and the competitor landscape whilst being forward looking in terms of future challenges.
Client Engagement
- Candidate must have engagements with our clients on a regular basis to understand developments across all the ARO markets in which we operate
- Assist clients with suitable risk management solutions which cater to the current market environment, which entails developing appropriate hedging policy frameworks and risk management strategies that add value to the clients business.
- Strive to build new and maintain existing relationships across our client portfolios in South Africa and providing support to in-country teams across Africa in ensuring Absa is top of mind for risk management needs.
Internal Stakeholder Engagement
- The candidate must work together with our in-country colleagues in identifying opportunities within their deal pipelines.
- Ensuring coordination with Joburg based debt, advisory and other products teams within the bank to ensure client risk management opportunities are identified and executed in pipelines from the other teams in our coverage sector.
- Training and upskilling/knowledge transfer of structured products with client solutions suite for team members in-country
-Getting transactions approved through the relevant governance processes of the bank including credit risk, country risk, new product approval process etc.
Education
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

Beware of fraud agents! do not pay money to get a job

MNCJobs.co.za will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Job Detail

  • Job Id
    JD1433044
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Sandton, Johannesburg, South Africa
  • Education
    Not mentioned