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
CIB Investment Banking Division is currently seeking a special Business Analyst to provide support in the financial reporting and operating model . The candidate must have strong financial background, minimum 3 years banking experience and a good understanding of debt products.
Job Description
Accountability: Business Analysis
- Assisting Senior Business Analysts with desk level P&L queries and other financial and strategic reporting requirements
- Analysis of Pipeline activity in Salesforce and analysing of client data split at a product level (Salesforce, MyMI, Front Arena etc.) and reporting on trends and themes.
- Assist to drive the readiness of the Basel 4 impact on RWAs and SARB RWA reporting.
- Preparation of IBD induction slides, accurate and complete information of the various products
- Cost analysis and ARO recharge model
- Provide overall support to the key business analysis deliverables, namely league tables, deal highlights, cost reviews, pipeline activity and headcount analysis.
- Special projects as required. (ACBS, Jibar remediation)
- Partner with Business Analyst and Finance on desk P&L issues and own the relationship to ensure queries are resolved.
- Partner with Finance to ensure timely and accurate cost and revenue reporting, budgeting and tracking of actuals and forecasts.
- Ensure that all internal reporting is done on time and to the highest quality standards
- Review and assist in creating accurate and complete reporting (together with infrastructure partners) such as product dashboards, pipeline activity, regional reporting etc.
- Build and maintain relationships with internal role players e.g. Finance, MYMI, Desk Heads, in country teams
- Prepare presentations for internal meetings, induction, strategic objectives etc.
- Strong Finance experience
- Understanding of Debt Finance products, financing terminology and processes
- Ability to perform under strong pressure with very high attention to detail
- Strong analytical and commercial awareness skills
- Comfortable dealing with spreadsheets and financial models
- Ability to produce clear presentations of complex data analyses
- Ability to think laterally and solve problems with commercial soundness
- Strong work ethic and demonstrable history of achievement
- Excellent communication skills, both written and verbal
- Capable of acting on own initiative with a self disciplined approach to work
- Sufficient knowledge of compliance, Barclays business principles and corporate values, key applicable laws, rules and regulations.
- Postgraduate degree in Finance, or equivalent qualification
- 3-5 Years comparable experience preferably in Financial Services Industry
Bachelor`s Degrees and Advanced Diplomas: Physical, Mathematical, Computer and Life Sciences (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
