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Job Title:  Head Corporate Credit

Organisation: Absa Group Limited (formerly Barclays Bank UK)

Duty Station:  Kampala, Uganda

About US:

Absa Group Limited (formerly Barclays Bank UK) is a diversified standalone African financial services group, delivering an integrated set of products and services across personal and business banking, corporate and investment banking, wealth, investment management and insurance. Absa Group Limited is listed on the JSE and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 41 000 employees.

Job Summary:   The Head Corporate Credit will:

• Provide leadership to the CIB and Wholesale credit team through effective performance management of the wholesale credit risk function to achieve its strategic objectives, whilst managing operational risk within specific team environment.
• Wholesale credit expert to wholesale relationship managers working with a defined portfolio of high value, complex and sophisticated customer connections. Has a direct impact upon credit quality and therefore consumption of economic capital.
• Work in partnership with business leadership to support growth consistent with Absa Bank Uganda’s strategy aligned risk appetite.
• Support with the objectives, strategies and actions that need to be adopted to reduce the bank’s risk, often acting as the catalyst for change in our customers’ business strategy.
• Support credit risk and business decisions through provision of detailed analysis of the Portfolio of both the performing book and distressed customers.

Key Duties and Responsibilities:

Team Leadership

• Develop a highly motivated team by maintaining excellent relationships within own team and wider business to ensure achievement of business goals.
• Lead by example across the Credit Risk community ensuring a collaborative approach to the Relationship and Sales Risk Partnership.
• Support in driving business performance, including providing highly effective performance
• Proactively embed agreed change initiatives e.g., in support of process & quality improvements, cost reductions and development of credit people.
• Manage high volume workflow to world class standards of quality and cost.
• Deliver within cost budget using ‘working smarter’ approach.
• Consider the training and development needs of the team and support the development and implementation of solutions.
• Act as a role model and drive proactive application of Absa Values throughout the team including establishment of common goals and objectives.
• Ensure effective performance development and succession planning for the team.

Credit Risk Management

• Manage credit quality through the sanctioning, sampling, and application of best practice to credit proposals across wholesale portfolio (incl. financial institutions) and maintenance of these standards throughout the corporate and credit teams.
• Implementation and ongoing delivery of credit policy and processes. Feed into business and credit policy development.
• Sole lending discretion (credit mandate) which will depend on experience and qualifications, subject to an accreditation process.
• Exercise personal judgement and discretion in the evaluation and approval/decline of credit proposals.
• Challenge pricing to maximize value. Ultimate sign off at customer level remains with business.
• Responsibility for personal & team adherence to governance, compliance, and lending portfolio controls. Ensuring conformance to policy and procedures including proactive management of agreed responsibilities for data integrity.
• Ensuring delivery of a world class post sanction operation and monitoring control, maximizing systems capability to resource for maximum cost efficiency and effectiveness.
• Encourage best practice and make recommendations for process change as appropriate.
• Ensure robust and appropriate control over portfolio information and that reports are produced, reviewed (challenged) by all key stakeholders in the country as well as at Centre team.
• Maintain relationship with relevant Africa Regional Operations (ARO) and Centre Risk and Audit Teams.

Business Risk Partnership

• Work in partnership with the Business Leadership to support growth consistent with Absa Bank Uganda’s Strategy aligned risk appetite.
• Work in partnership with the Business Leadership to drive a culture of performing control responsibilities in an efficient dependable, robust, and cost competitive manner.

Business and Team Management

• Develop a strong network of internal contacts, external and panel professionals to maximize benefits and promote the team.
• Drive business performance, including setting appropriate financial targets and challenges and provide highly effective performance management information.
• Coach and support team members through various initiatives
• Proactively adopt agreed change initiatives, e.g., in support of process and quality improvements

Risk and Control

• Ensure that all activities and duties are carried out in full compliance with regulatory requirements, as well as group and localized frameworks, standards, policies, and procedures
• Understand and manage risks and risk events (incidents) relevant to the role.

Qualifications, Skills and Experience:

The applicant must hold a Bachelor’s Degree and Advanced Diploma: Business, Commerce and Management Studies (Required)

How to Apply:

All suitably qualified and interested candidates who wish to join ABSA Group in the aforementioned capacity should apply online at the link below.

Click Here

Deadline: 4th December 2023

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