Senior Manager : Financial Resource Management

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

Job summary

A leading financial institution in South Africa is seeking a qualified individual to provide strategic leadership in financial resource management. The successful candidate will integrate profitability and capital insights into decision-making frameworks and act as a key advisor to senior stakeholders. A minimum of 5 years of relevant experience in financial management, along with postgraduate qualifications in Financial Sciences, is required for this pivotal role.

Qualifications

• 5+ years professional financial management or credit risk management experience.
• Experience in business transformation related to exponential growth.
• Experience at a management level in banking.

Responsibilities

• Provide strategic leadership in financial resource management.
• Act as a key advisor to senior stakeholders on product-level decisions.
• Develop internal capability in financial resource management.

Skills

Strong understanding of revenue levers

Writing and reporting

Presentation skills

Proficiency in data analysis tools

Banking regulation in credit risk

Excellent organizational skills

Relationship management

Ability to react under pressure

Curiosity and questioning the status quo

Adaptability to change

Education

Postgraduate Degrees and Professional Qualifications in Financial Sciences

Tools

Excel

SQL

Python

SAS

Job description

Job Summary

Empowering Africa's tomorrow, together...one story at a time.With over 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 SummaryProvide strategic leadership in financial resource management by integrating profitability, earnings volatility, capital, liquidity, and balance sheet insights into decision-making frameworks.

Shape the cluster's return architecture by defining and managing hurdle rates, challenging pricing methodologies, and ensuring strategic alignment with bank-wide capital efficiency goals.Drive optimization through oversight of profitability, pricing performance, and resource consumption, translating financial strategy into actionable targets.

Act as a key advisor to senior stakeholders, ensuring that product-level decisions reflect strategic value, risk appetite, and sustainable return delivery.

Job Description

Strategic Analytics & Resource Optimisation

Shape and grow earnings through client acquisition; pricing; capital and balance sheet strategies to support business growth and financial resilience.Assess and optimize capital allocation efficiency with cognisance of the Growth / Return / Volatility FRM framework.Evaluate resource allocation proposals and contribute to enterprise-level prioritisation aligned with return objectives.Use advanced analytics to identify client / revenue / lending portfolio tilts and strategic investment areas across customer segments.Translate financial insights and medium term strategies into actionable recommendations on resource deployment and performance improvement.

Financial management and Business Partnering Guide the setting and translation of performance targets to business units and products.Monitor return delivery and provide insights to optimise portfolio and pricing outcomes.Support robust governance across financial resource decisions, pricing practices, and performance monitoring.Ensure consistent application of frameworks that support disciplined financial management.Provide thought leadership through financial insight and external benchmarking.Partner with senior stakeholders across business, finance, risk and treasury to embed FRM principles into core decision-making.

People Management

Develop internal capability by developing the FRM skillset within the broader bank, to ensure the necessary resources are in place to achieve business strategy and objectives.Implement the people management strategy for the area, in collaboration with the HRBP for the business unit, focusing on talent management, development, resourcing, and retention.Embed formal Performance Development and informal coaching within the team.Motivate the team and implement measures to recognize and reward direct reports.Inspire team members through coaching and mentoring, helping them to perform optimally in alignment with the vision and values, and create a sense of urgency and excitement around the business.

Education And Experience Required

Minimum B-degree (NQF level no.7) Desired Post Graduate Degree (NQF level no.8+)Preferred team lead in Treasury; Loan pricing or Credit Capital & Impairment modelling teams, or similar technical banking environments5+ years professional financial management (including loan pricing) and / or credit risk management experience5+ years Banking Experience at a management levelExperience in business transformation contexts related to exponential business growthExperience in commercial innovation environmentsBroad Finance including strategic, commercial, legal, risk and operational aspectsAbility to build, develop & lead professional level teamsUnderstanding of the financial services sector within a professional business environmentKnowledge & SkillsStrong understanding of the revenue levers within a Retail bank (Advanced)Writing & reporting – seeking ability to condense technical information into understandable and actionable reports (Advanced)Presentation skills and comfort in presenting to executive level / C-suite (Advanced)Proficiency in data analysis tools (Excel and at least one programming language (primarily SQL, Python or SAS)Banking regulation in Credit risk (Expert), and / or Basel Capital (Advanced)Understanding of corporate controls and checks (Advanced)Computer literacy (Expert)Excellent organizational skills (Advanced)Relationship management and networking (Advanced)Ability to react positively under pressure (Advanced)Curiousity and questioning the status quoAdapting and responding to change Planning\Learning and researchingPlanning and organisingRelating and networking, Leading and supervisingEducationPostgraduate Degrees and Professional Qualifications : Financial Sciences (Required)

Knowledge & Skills

Strong understanding of the revenue levers within a Retail bank (Advanced)Writing & reporting – seeking ability to condense technical information into understandable and actionable reports (Advanced)Presentation skills and comfort in presenting to executive level / C-suite (Advanced)Proficiency in data analysis tools (Excel and at least one programming language (primarily SQL, Python or SAS)Banking regulation in Credit risk (Expert), and / or Basel Capital (Advanced)Understanding of corporate controls and checks (Advanced)Computer literacy (Expert)Excellent organizational skills (Advanced)Relationship management and networking (Advanced)Ability to react positively under pressure (Advanced)Curiousity and questioning the status quoAdapting and responding to change Planning\Learning and researchingPlanning and organisingRelating and networking, Leading and supervisingEducationPostgraduate Degrees and Professional Qualifications : Financial Sciences (Required)

Competencies

Banking product economics thinkingEntrepreneurial and commercial thinkingDecision making under pressureAction orientated with less than whole-picture informationCuriousity and questioning the status quoAdapting and responding to change Planning\Learning and researchingPlanning and organisingRelating and networking, Leading and supervisingEducationPostgraduate Degrees and Professional Qualifications : Financial Sciences (Required)Absa Bank Limited is an equal opportunity, affirmative action employer.

Education

Postgraduate Degrees and Professional Qualifications : Financial Sciences (Required)

In compliance with the Employment Equity Act 55 of

• , 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