Operations Specialist

Absa GroupJohannesburg, Gauteng, South Africa

1 day ago

Job description

Job Summary

The Absa CIB Corporate Funds Management (CFM) team is responsible for managing corporate development funds 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.

Job Description

The role will mainly focus on the Execution function which includes managing the pool of loan applications, preparing credit motivations and submitting them to the BB credit team. The role will also include portfolio management for key corporate clients, covering monitoring of active loans, proactive arrears management, and regular engagements with front line, credit, corporates and SMEs.

Manage the pool of loan applications and ensure accurate and timely preparation of credit motivations.
Engage with corporate clients and SME beneficiaries to manage the loan application process, ensuring SLA timeframes are met.
Monitor active loans, conduct proactive arrears management, and maintain regular engagements with stakeholders.

Qualifications

Minimum of 5 years of experience in a finance or operations environment with credit exposure.

Knowledge of Business banking systems and processes.

Recognized financial qualification and minimum of 5 years of finance experience.

Confidence to engage with CIB clients at various levels of seniority and chair internal and external meetings.

Excellent Excel and interpersonal skills, positive and flexible attitude.

Understanding of the SME market, BBBEE scorecard and ESG framework is advantageous.

Education

Bachelor's Degrees or Advanced Diplomas in Business, Commerce and Management Studies (Required)

EEO Statement

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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Specialist • Johannesburg, Gauteng, South Africa