Lead Financial Resource Management (FRM)

Absa Group; Sandton; On-site; ZAR 1 200 000 - 1 800 000; Full time

Job summary

A leading financial institution in Gauteng, South Africa, is seeking a senior specialist in Financial Resource Management. This role requires deep expertise in capital allocation and data analysis, focusing on delivering insights that influence strategic decisions. The ideal candidate will have over 10 years of experience, a relevant master's or honours degree, and strong leadership skills to guide junior team members. This position offers a chance to impact the organization's capital strategies significantly.

Qualifications

• 10+ years’ experience in Financial Resource Management or similar environments.
• Ability to coach and uplift junior team members.
• Advanced proficiency with analytical tools.
• Experience in producing high-quality management reports.

Responsibilities

• Lead major Financial Resource Management projects.
• Analyse complex financial datasets to generate insights.
• Produce management packs for senior stakeholders.
• Engage with senior executives to align priorities.

Skills

Leadership

Financial analysis

Critical thinking

Communication

Data analysis

Education

Honours or Master’s degree in a quantitative discipline

Bachelor's Degree in Accounting

Job 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