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Senior Manager: Portfolio Management and Credit Impairments
Senior Manager: Portfolio Management and Credit ImpairmentsAbsa Group Limited • ZA
Senior Manager : Portfolio Management and Credit Impairments

Senior Manager : Portfolio Management and Credit Impairments

Absa Group Limited • ZA
14 days ago
Job description

Job title : Senior Manager : Portfolio Management and Credit Impairments

Job Location : Gauteng,

Deadline : November 30, 2025

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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

  • 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.

    • Accountability : Business Planning and Forecasting

  • Contribute to the development of the annual business plan and budget for Business Banking, providing insights and recommendations based on credit risk management analysis.
  • Forecast and monitor key financial metrics (e.g. credit loss rates, coverage ratios, etc.) to support strategic decision-making.
  • Challenge forecasting of credit losses against trends and economic outlook.
  • Conduct sensitivity analysis and scenario planning to assess the impact of external factors, market conditions, and regulatory changes on the Business Banking portfolio.
  • Collaborate and challenge the Group Risk management team to run required stress testing.
  • Prepare peer analysis reports to provide insights into Business Banking’s performance.

    • Accountability : People Management

  • 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.

    • Accountability : BB Risk Strategy

  • Participate in Group forums to establish and maintain networks and partnerships, keep abreast of developments, and actively shape developments to enable the achievement of organisational objectives.
  • Actively participate in clearly articulating and embedding a risk culture that ensures resilience across the function.
  • Ensure compliance with policies, procedures, and regulations, and align with the assurance plan.
  • Develop delivery plans, formulate associated practices, and ensure operational implementation and adoption of credit risk management methodology, practice, governance, and delivery objectives.

    • Education and experience required

  • 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)

    • Education

  • Bachelor`s Degrees and Advanced Diplomas : Business, Commerce and Management Studies (Required)

    • End Date : November 7, 2025

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