ABSA

Junior Specialist: Client Solutions ARO

Sandton Full time

Empowering Africa’s tomorrow, together…one story at a time.

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 Client Solutions Group ARO team is a multi-asset sales and structuring team that offers risk management, structuring, secured financing and hedge execution for our clients. The team services Financial Institutions, Sovereign and Corporate client across the African continent

Headquartered in Johannesburg, the team works hand in glove with the Global Markets Teams in our presence markets, and services the Non-presence markets where Absa interfaces with clients in conjunction with our Client Coverage team.
The Team has deep sector expertise across the strategic sectors that drive the African Growth story.

The ideal candidate will be degreed with 3 – 5 years’ experience working within a Global Markets enviro ideally in a front office capacity. Will be appointed to focus on services Financial Institutions across the continent in both Presence and Non-Presence Markets that are covered by the business.

Job Description

Deal Pricing and Structuring

Pricing, structuring, marketing and executing of moderate to highly complex derivatives as well as related instruments for transactions in-country and in South Africa (centre)

Together with the Senior responsible for the sector, manages some aspects of the transaction inclusive of internal and external client relationships, legal documentation, pricing and modelling, credit limit verifications, regulatory, accounting and taxation

Stay abreast of industry trends, best practice, key role players and the competitor landscape whilst being forward looking in terms of future challenges. 

 

Client Engagement

Candidate will have engagements with our clients on a regular basis both virtually and physical meetings with other senior team members

Assist clients with suitable risk management solutions which cater to the current market environment, which entails developing appropriate hedging policy frameworks and risk management strategies that add value to the clients business.

Strive to build new and maintain existing relationships across our client portfolios in South Africa and providing support to in-country teams across Africa in ensuring Absa is top of mind for risk management needs.

 

Internal Stakeholder Engagement

The candidate must work together with our in-country colleagues in identifying opportunities within their deal pipelines.

The candidate will act as an intermediation agent between Johannesburg based traders and in-country sales and trading teams on transaction execution

Training and upskilling/knowledge transfer of structured products with client solutions suite for team members in-country

 

 

Education

Bachelor`s Degrees and Advanced Diplomas: 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