Head Of Affluent Segments at Absa Group Limited
- Company: Absa Group Limited
- Location: Tanzania
- State: Dar Es Salaam Jobs
- Job type: Full-Time
- Job category: Absa Jobs in Tanzania - Administrative/Secretarial Jobs in Tanzania
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.
• Responsibility for implementation of the agreed Premier and Prestige strategy in Tanzania, driving and delivering exceptional business performance through powerful leadership of the regional Head of Segment.
• To interpret and communicate overall Prestige Strategy into implementable short-term steps.
• Responsible for the overall performance of Premier and Prestige Segment in-country
Responsibility for implementation of the agreed Premier and Prestige strategy in Tanzania, driving and delivering exceptional business performance through powerful leadership of the regional Head of Segment.
To interpret and communicate overall Prestige Strategy into implementable short-term steps.
Responsible for the overall performance of Premier and Prestige Segment in-country
Main accountabilities and approximate time split
Providing Powerful Leadership 40%
Build, develop and motivate high performing teams committed to achieving success through each other
Ensure that your Managers are developed to achieve their maximum potential whilst also coaching them to build their awareness of the strengths/development needs of their people
Effective resource management/planning that reflect current and future business requirements – ensuring the correct balance of numbers, skills, and experience of your people
For all direct reports, agreeing challenging performance objectives and measures providing regular feedback and honest assessment on achievements
In the way you lead daily, be a role model for your people – doing things wholeheartedly, communicating with passion and enthusiasm, embracing change as a way of working
Creating an empowering environment for your people encouraging individual ownership, initiative, and challenge of the status quo
Pursue your own development to increase personal effectiveness acknowledging strengths and areas for development
DRIVING bUSINESS DIRECTION 40%
Work with the BA head of segment to agree the proposition strategy for Tanzania.
Own and bring this strategy to life for stakeholders, clients, and colleagues to provide clear direction on the proposition objectives. Translate and priorities the objectives into business performance measures at country level
Accountable for overall achievement of Affluent segment Performance Objectives for nominated areas:
Sales growth and income contribution
Operational Risk and Rigour management
Understand and articulate aggregated country requirements and feed this back to the BA segment head to shape the client offering
Collaborate cross – functionally to provide high standards of service delivery
Work with the Head of branch network and head of sales to achieve sales & service objectives through in-branch business development activities, providing feedback to the branch network on their performance.
Work with Prestige portfolio managers to develop customer approaches for individual prestige relationships, setting size of wallet and cross-sell targets, and providing regular coaching and feedback to them on their progress towards achieving objectives.
Coach Prestige Portfolio managers on available retail products, process, and criteria to ensure that they become experts in selling.
Discuss and finalize Performance Development Plans and ratings for Portfolio managers and Premier Relationship Managers.
Risk and Controls Objectives 20%
In the event of major issues in the business unit, act as crisis coordinator and allocate tasks to the crisis teams.
Review the risk and compliance profiles of the business unit on a regular basis and provide consultative support to the Managing Director on changes that are required to rebalance risk and reward where required.
Understanding of own role in the end-to-end processes in which you play a part, including applicable risks and controls.
Adhere to Absa’s policies and procedures applicable to own role, demonstrating sound judgment and responsible risk management.
Keep up to date on all regulatory changes and can articulate the impact to the Business, be well informed on the industry thinking.
All mandatory training completed to deadline.
Technical skills / Competencies
Setting Business Direction
Inspiring Business Performance
Achieving Business Performance
Managing and developing yourself
Skills required to undertake the role:
Communication and Presentation.
Management of performance
Cultural and Change Management
Team working – Building and developing high performance
Knowledge, Expertise and Experience
In – depth understanding of the full range of Premier/Prestige product set, Small Business Services, and an overview of Corporate.
An understanding of technical support systems e.g., Brains, Winfos.
Good understanding of BARAF Risk Policy and Group governance requirements.
Detailed understanding of Premier/Prestige Strategy, operating structure, and interface with other functions
Good understanding of Absa Africa Group structure and interfaces with other functions
Knowledge of the Absa Africa people policies and procedures.
Maintain an up-to-date knowledge of competitor and market activity in local cluster
Graduate calibre with circa 7 years experience in business management.
Business Management experience of a distributed channel; circa 3-5 years
Experience of managing large teams
An understanding of the Personal High Value Clients’ needs in the East African marketplace
Basic understanding of investment banking techniques and products
Absa Values and Behaviors represent the set of standards which governs the actions of all of us who work for the bank and against which the performance of every one of us in Absa are being assessed and rewarded:
I drive high performance to achieve sustainable results
I’m obsessed with customer
I have an African heartbeat
I believe our people are our strengths
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)
Method of ApplicationSubmit your CV and Application on Company Website : Click Here
Closing Date : 20th April, 2022.