Commercial Asset Finance Manager

South Africa·Johannesburgmid

Finance & AccountingFinance Manager

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Quick Summary

Requirements Summary

Take ownership of the portfolio's risk management by ensuring a good understanding of both the Bank's and the clients regulatory and compliance environments.

Technical Tools

Finance & AccountingFinance Manager

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

The Manager Commercial Asset Finance will take accountability for managing the CAF product with the allocated customer segment. The role will require a strong working relationship with the customer segment teams to ensure the achievement of CAF business objectives, ensuring fulfilment and overall growth of our market share and brand within the segment, while maintaining excellent customer experience.

Responsibilities

~1 min read

→Provide specialist advice and support in defining standard operating procedures (SOP's).
→Provide specialist advice to plan for value-added process improvements, initiatives, and services to deliver on operational objectives.
→Provide reports to CAF Product Head on market share growth and new business acquisition within the internal and external environment.
→Escalate irregularities to the CAF Product Head when above a pre-agreed timeframe as outlined through the applicable policy and procedure.
→Contract and manage Service Level Agreements with all relevant stakeholders including:
- →across departments into segment as well as with support services.
- →Action non-compliance and escalate to the CAF Product Head.
- →Ensure, monitor and enforce implementation of Business Processing Centre (BPC) requirements as well as changes in directives and that contracts and securities are generated within the agreed turn- around times between the BPC and the Fit for Processing centre.
- →Ensure, monitor and enforce implementation of Credit requirements routing and directives to meet agreed turn – around times.
- →Manage customer service delivery through the Asset Finance team in the portfolio and ensure that service level agreements and turnaround times are met and exceeded.

Compliance knowledge
Financial and Insurance Services
Reporting and Interpretation

Analytical Thinking
Change and Improvement Orientation
Customer Excellence
Ethics and Values
Influence/Persuasion

People management
Leading, coaching and mentoring

Extensive understanding of best practices for a customer focused culture and the management of customer experiences.

The ability to understand financial and economic concepts/drivers; to identify, create and/or exploit opportunities.

The ability to analyse- and quickly grasp the implications of a situation, relating data from different sources, critically evaluating and integrating information/facts, and diagnosing a problem.

Honours degree (Commerce, Finance, Marketing, Business).
MBA/CA/CIMA advantageous
3-5 years in similar role of which 1-2 years at a junior specialist level
Commercial Asset Finance experience
Preferred: Credit Risk Assessment experience
Experienced manager of people

Education

Bachelors Degree and Professional Qualifications: Business, Commerce and Management Studies (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