Lead Financial Resource Management (FRM) at Absa Group

Sandton, Gauteng, South Africa -

Full Time

Start Date

Immediate

Expiry Date

09 May, 26

Salary

0.0

Posted On

08 Feb, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Resource Management, Capital Allocation, Balance-Sheet Dynamics, Data Analysis, Stakeholder Engagement, Project Leadership, Regulatory Frameworks, Analytical Excellence, Communication Skills, Critical Thinking, Coaching, Collaboration, Management Information, Insight Generation, Quality Assurance, Problem Solving

Industry

Financial Services

Description

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 This senior leadership role within Group FRM supports the Head of Group FRM and requires deep expertise in Financial Resource Management, capital allocation, and bank balance‑sheet dynamics. The role identifies key strategic focus areas, drives complex analytical projects, and delivers high‑quality insights that inform capital allocation decisions across the group. As a senior specialist, it provides direction, quality assurance, and leadership to Group and business unit FRM teams—enhancing capital visibility, strengthening insight quality, and highlighting optimisation opportunities. Job Description Detailed Job Description The role’s primary purpose is to deliver high‑quality analytics, insights, and recommendations that influence strategic capital allocation across the Group. Responsibilities include leading major FRM projects, prioritising analytical workstreams, and ensuring timely, robust delivery of complex tasks. Success in the role requires strong expertise in capital allocation, balance‑sheet dynamics, regulatory frameworks, and FRM methodologies. The incumbent must interrogate data rigorously, challenge assumptions, and enhance the impact and credibility of insights. The role engages extensively with senior stakeholders—consolidating inputs, delivering concise analysis for decision‑making discussions, and communicating complex FRM concepts in a clear and accessible manner for senior and executive management. The successful candidate provides leadership to junior team members through guidance, technical support, and quality assurance, thereby strengthening overall capability and consistency within the Group FRM function. Key Responsibilities Data Gathering, Validation & Ongoing Monitoring Source, validate, and continuously monitor data from various internal and external sources to support advanced FRM analytics. Interrogate data rigorously, challenge assumptions, and ensure all inputs meet accuracy, completeness, and reliability standards. Advanced Data Analysis & Insight Generation Analyse complex financial, capital, regulatory, and business datasets to identify material trends, emerging risks, and optimisation opportunities. Translate analytical outputs into clear, actionable insights and well‑reasoned recommendations for senior and executive stakeholders. Management Information & Executive‑Level Communication Produce concise, structured, and impactful management information packs, dashboards, and reports tailored to senior audiences. Present technical FRM and capital‑related insights clearly and persuasively, ensuring accessibility and relevance. Project Leadership, Prioritisation & Insight Delivery Identify FRM‑relevant issues, initiate appropriate analytical or strategic projects, and manage them from scoping to completion. Lead FRM projects and workstreams, set priorities, manage timelines, and ensure delivery of high‑quality, technically sound outputs. Provide guidance, coaching, and rigorous quality assurance to junior team members. Senior Stakeholder Engagement & Alignment Engage effectively with senior executives across Treasury, Risk, Capital Management, Finance, and business units to gather inputs, validate assumptions, and align priorities. Consolidate diverse stakeholder perspectives into a coherent strategic viewpoint that supports group‑level decision‑making. Build strong, collaborative relationships supporting both recurring reporting cycles and project‑based work. Minimum Qualification Honours or Master’s degree in a quantitative discipline such as: Applied Mathematics Actuarial Science Econometrics or other relevant quantitative fields Extensive experience within the banking/financial‑services industry. Preferred Qualification CA(SA), CFA Preferred Experience 10+ years’ experience in advanced Financial Resource Management or similar technical banking environments, with strong capabilities in capital allocation, balance‑sheet optimisation, and modelling. Extensive experience analysing complex financial, capital, and regulatory datasets to generate clear, actionable insights. Proven ability to produce high‑quality management information (reports, dashboards, insight packs) supporting strategic capital, risk, and performance discussions. Strong track record in leading FRM projects end‑to‑end, aligned to regulatory and organisational priorities. Demonstrated ability to coach and uplift junior team members with strong quality assurance discipline. Significant experience engaging senior management and collaborating across cross‑functional teams. Knowledge and Skills Regulatory, Capital and Banking Expertise Deep understanding of capital, liquidity, and balance‑sheet regulatory requirements. Strong knowledge of banking products, financial considerations, and modelling approaches. Comprehensive understanding of value and return drivers (capital, risk, funding, margins, portfolio dynamics). Awareness of market and sector trends, with ability to contextualise insights. Analytical Excellence & Insight Generation Advanced proficiency with analytical and data‑driven tools used to build and refine management information. Strong capability in interrogating large datasets, challenging assumptions, and deriving clean, robust insights. Ability to simplify complex FRM and capital concepts for senior audiences. Critical Thinking, Communication & Influence Strong critical‑thinking ability; comfortable challenging viewpoints and pressure‑testing assumptions. Excellent presentation and communication skills for senior and executive audiences. Leadership, Collaboration & Delivery Ability to manage multiple complex projects and team workloads under tight deadlines. Strong cross‑functional collaboration skills across Treasury, Risk, Capital Management, Finance, and other business units. Demonstrated leadership in coaching, capability development, and uplifting delivery standards. Education Bachelor's Degree: Accounting 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 Absa Group Limited (“Absa Group”) is listed on the Johannesburg Stock Exchange and is one of Africa’s largest diversified financial services groups. Absa Group offers an integrated set of products and services across personal and business banking, corporate and investment banking, wealth and investment management and insurance. Absa Group owns majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania (Absa Bank Tanzania and National Bank of Commerce), Uganda and Zambia and has insurance operations in Botswana, Kenya, Mozambique, South Africa and Zambia. Absa also has representative offices in China, Namibia, Nigeria and the United States, as well as securities entities in the United Kingdom and the United States, along with technology support colleagues in the Czech Republic.

Responsibilities

The role involves delivering high-quality analytics and insights that influence strategic capital allocation across the Group. Responsibilities include leading major FRM projects, prioritizing analytical workstreams, and ensuring timely delivery of complex tasks.