Portfolio Manager Job at ABSA Group Limited – Career Opportunity in Tanzania

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Job Category: Banking/ Finance
Job Type: Full-Time
Deadline of this Job:  10 February 2021
Duty Station:  Tanzania
Posted: 05-02-2021
Job Description

Vacancy title:
Portfolio Manager

[ Type: FULL TIME , Industry: Business Management and Administration , Category: Management ]

Jobs at:

ABSA Group Limited

Deadline of this Job:
10 February 2021  

Duty Station:
Within Tanzania , Dar es Salaam , East Africa

Date Posted: Friday, February 05, 2021 , Base Salary: Not Disclosed

Truly African
We are a diversified standalone African financial services group, delivering an integrated set of products and services across personal and business banking, corporate and investment banking, wealth, investment management and insurance.
Absa Group Limited is listed on the JSE and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 41 000 employees.
Absa Group Limited is listed on the JSE and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 41 000 employees. .

Bring your possibility to life! Define your career with us
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
Responsibility for the management of the portfolio(s) across the Credit Life Cycle in aggregate, which comprises of the following:
• Product Planning
• Credit Initiation
• Account Maintenance
• Fraud Management
• Collections & Recoveries
• Responsible for developing and adhering to business mandate and scale triggers for all products
• Setting of product risk appetite and strategies
• Policy formulation / circulars – owner of the portfolio Risk policies and Procedures and Manuals
• Provide input into developing and review of Portfolio modelling
• Analysis of management Information with appropriate recommendations to the Head of Credit
• Liaison with product/business managers and owners Initiate, agree and monitor Collection and Recoveries strategies
• Accountability for all Credit scorecard design, implementation and review Input into Junior Consumer Credit Risk staff Performance development Agree and be responsible for all change initiatives in portfolio

Skills & Competencies
• What does the role holder need to be able to do/be well at doing?
• Highly competent in analysis and numeracy
• Comprehensive technical credit skill
• General commercial/industry awareness
• Working knowledge of risk management policies, procedures & pricing
• Working knowledge of Group policies and strategies relative to the credit function
• Product knowledge
• Detailed understanding / fit of the vision for Risk
• Detailed understanding of the Bank’s policies on Employment/Redeployment, Equal
• Opportunities and Health & Safety
• Working knowledge of local country structure and strategy
• Leadership and performance development of a team
• Managing risk and reward Preferred
• Risk Management Background

Job Education Requirements: Not Specified

Job Education Experience: Not Specified

Work Hours: 8


Job application procedure
To apply please click here https://absa.wd3.myworkdayjobs.com/en-US/ABSAcareersite/job/Absa-House---ABT/Portfolio-Manager_R-15913907?utm  

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