Senior Manager : Portfolio Management and Credit Impairments

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 provide complex specialist advice and support in practice formulation and associated best practice improvement tactics; enabling the provision of specialist risk product expertise.

Job Description

The Senior Manager Portfolio Management and Credit Impairments bears responsibility for overseeing the risk performance specifically related to the IFRS9 credit risk reporting requirements for Business Banking.

Accountability : Impairment Reporting

• Ensure accurate and timely impairment provisioning across portfolios, including journal entries are posted on time.
• Review monthly reconciliations and oversee the review of exception reports to maintain data integrity.
• Preparation, review, management and communication of IFRS 9 monthly impairments to various stakeholders.
• Engage with internal and external auditors on IFRS9 financial reporting requirements.
• Adhere to Risk Data Aggregation and Risk Data Reporting (RDARR).

Accountability : Credit Portfolio Management

Accountability : Business Planning and Forecasting

Accountability : People Management

Accountability : BB Risk Strategy

Education and experience required

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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