Senior Manager : Portfolio Management and Credit Impairments
Absa BankSandton, Gauteng, South Africa1 day ago
Job descriptionEnsure 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). Oversee and / or provide input into all risk-related reporting to Executives, Group Credit Risk Committee, Group Credit Impairment Committee and External Stakeholders as and when required. Ensure that the quality and narrative in credit reports are of a high standard with data accuracy and meaningful interpretation of paramount importance. Develop measures to monitor, analyze and aggregate BB risk performance across products making it possible to pinpoint unexpected trends proactively. Collaborate with the credit risk management team to develop risk mitigation strategies and ensure compliance with internal policies and regulatory requirements. Lead the people agenda across the function, focusing on diversity and inclusion, performance management, talent and succession management, skills retention, and colleague development. Build a high-performance team culture underpinned by strong employee engagement and retention. Embed a multi-year view of succession talent management and create opportunities through rotation and mentoring. Minimum B-degree / Honours in Accounting, Charted Accountant require Minimum 2 years in a management role in a risk or finance function Minimum 8 years in credit risk data and financial reporting function Quantitative and analytical thinking Knowledge of Credit Risk and Banking Products Knowledge of and working experience with IFRS9)
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Portfolio Manager • Sandton, Gauteng, South Africa