Head of Debt AT ABSA Bank Full-time Job

Manage the Debt assets products at Absa Bank Tanzania Corporate Banking segment and lead all the activities required to grow the franchise in an effective manner, including appropriate pricing and structuring, focus on cross sell, and becoming the leading bank in Tanzania

Job Description

• Directly manage the Debt Balance sheet and P&L targets along with the relationship managers and product teams
• Formulate overall strategy across coverage segments including products, customer proposition, lending approach.
• Assist Relationship Managers in originating and executing debt transactions across all teams.
• Originate, execute Debt and Investment Banking opportunities
• Work with specialist product areas to offer clients a comprehensive and competitive package to meet their requirements.
• Ensure arrangements with key internal product partners operate in an efficient manner.
• Implement Debt Pricing Policy and ensure appropriate product and relationship pricing.
• Lead New Product Approval process for Debt products at a country level.
• Be fully aware and compliant with all governance issues affecting Debt financing and address these issues accordingly.
• Maintain an up to date Debt pipeline through Salesforce
• Ensure monthly product revenue validation is conducted and pricing on debt products is done above minimum hurdle rates.
• Understand dynamics of Debt portfolio, identify opportunities as well as maintaining good credit quality of the portifolio through proactive monitoring and control

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Absa Group Limited is listed on the JSE and is one of Africas largest diversified financial services groups with a presence in 12 countries across the continent and around 41 000 employees.
We own majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, the Seychelles, South Africa, Tanzania (ABSA Bank in Tanzania and National Bank of Commerce), Uganda and Zambia. We also have representative offices in Namibia and Nigeria, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia.