Absa Group

Portfolio Manager – VP

Absa Group

full-time

Posted on:

Location Type: Hybrid

Location: Sandton • South Africa

Visit company website

Explore more

✨ AI Apply
Apply

Job Level

Lead

About the role

  • Develop segment-specific credit strategy, including risk appetite setting, early warning indicators, capital and impairment forecasting, and strategic credit analytics.
  • Enable robust governance to support capital optimisation and informed growth decisions.
  • Define and embed associated credit risk management practices to ensure effective operational implementation, adoption, and delivery in line with agreed methodology, governance standards, and risk objectives.
  • Ownership of impairment forecasting for the PWB credit portfolio, including Expected Credit Loss (ECL) projections under IFRS 9.
  • Development and maintenance of forward-looking portfolio scenarios, incorporating macroeconomic assumptions and stress outcomes.
  • Active monitoring of actual versus forecast impairments and capital consumption, with clear articulation of drivers and emerging trends.
  • Support the definition and calibration of portfolio specific risk appetite metrics aligned to Group and Wealth risk appetite statements.
  • Ongoing monitoring of portfolio performance against approved limits, thresholds, and early warning indicators.
  • Escalation of breaches or emerging risks with clear root cause analysis and recommended management actions.
  • Contribution to governance forums through concise, insight driven portfolio reporting.
  • Support current MI capability, consolidating fragmented data into a consistent and usable information to stakeholders.
  • Translate manual, disparate credit data into timely, decision-ready portfolio insights for Credit, Risk, Finance, and Business forums.
  • Shift reporting from descriptive, retrospective MI to forward-looking, actionable analytics.
  • Reduce reliance on manual data extraction, reconciliation, and ad-hoc reporting.
  • Enable faster, higher-quality credit and portfolio decisions through clear, aligned MI outputs.
  • Development of advanced portfolio analytics to support strategy, including risk-adjusted returns, concentration risk, and client-level risk profiling.
  • Identification of structural risks and opportunities within the portfolio to inform product design, pricing, and growth strategies.
  • Support stress testing and scenario analysis to assess portfolio resilience under adverse conditions.
  • Provision of decision support for strategic initiatives, including portfolio optimization and growth prioritization.
  • Deliver insight-led MI that explains portfolio behaviour, performance drivers, emerging risks, and concentrations.

Requirements

  • Bachelor Honours Degree: Accounting
  • Bachelor Honours Degree: Actuarial Science
  • Bachelor Honours Degree: Statistics
Benefits
  • 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.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
credit strategy developmentrisk appetite settingcapital forecastingimpairment forecastingExpected Credit Loss (ECL)portfolio analyticsstress testingscenario analysisdata consolidationrisk-adjusted returns
Soft Skills
governancecommunicationanalytical thinkingproblem-solvinginsight generationstakeholder engagementreportingroot cause analysisdecision supportcollaboration
Certifications
Bachelor Honours Degree: AccountingBachelor Honours Degree: Actuarial ScienceBachelor Honours Degree: Statistics