Country Risk Lead - Sandton, South Africa - Absa Bank Limited

Absa Bank Limited

Verified Company

Sandton, South Africa

1 week ago

Posted by:

Thabo Mthembu

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Description

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

To develop tactical strategy and delivery plans, formulate associated practice and to ensure operational implementation and adoption across a single practice i.t.o.

risk methodology, governance and delivery objectives

Job Description:

Lead the team in finalizing high quality research and analysis, covering political, macroeconomic and business trends and forecasts for the Africa and Emerging Markets region.
Develop and provide input for (country and sovereign) risk models (i.e. understanding sovereign PD models) as well as giving input in deal structuring to mitigate risks.
Conduct meetings with multilateral organizations, governments and key clients across African countries.
Prepare country and sovereign rating reports for Sub-Saharan African countries and other regions.
Conduct relevant country visits to hold risk related meeting with IMF, government agencies etc.
Undertake industry/sector analysis for the purpose of enhanced analysis of countries, regions and the sovereign.
Provide support to business in developing prudent strategies given the country risk profile.
Develop and maintain sovereign and country risk rating models.
Engage with Wholesale, Retail Credit and Treasury Stakeholders to ensure full understanding of their business strategies into Africa, building credible relationships both globally and locally.
Provide Management information on the performance of business to key stakeholders Group wide. Drive and participate in Wholesale Credit projects and initiatives outside of immediate areas of responsibility.
Build, lead and mentor an efficient team of country risk analysts.

Qualifications:

Bachelor's Degrees and Advanced Diplomas - Business, Commerce and Management Studies. 7+ years in experience in Economic Analysis, Reporting, Country Risk Monitoring, Country and Sovereign Risk Management. Previous experience in a financial institution, central bank, rating agencies or research entities will be an added advantageous. Digital familiarity, Experience in a similar environment at senior specialist level, Openness to change and Reasoning

Education

Bachelor's Degrees and Advanced Diplomas:
Business, Commerce and Management Studies (required)