Absa Bank Ghana Limited Recruitment: Absa Bank Ghana Limited Recruitment 2022 invites applications from interested and adequately qualified candidates.

Absa Bank Ghana Limited Recruitment

Absa Bank Ghana Limited also called “Absa Group Limited”, formerly known as Barclays Bank of Ghana Limited is a commercial bank in Ghana, licensed by the Bank of Ghana, the country’s central bank and national banking regulator.

We are recruiting to fill the position below:

Job Title: Head of Transactional Banking

Job Summary

Provide directional payment advisory capability to inform and facilitate medium to longer-term strategy development, execution, and management.

Payment Strategy Formulation: Prepare and communicate the Payment Reg / Interbank modernization strategy with appropriate alignment to SARB Vision 2025 and strategic industry goals and identified initiatives.

Provide Strategic Leadership: Stay abreast of industry trends and role players and ensure that Absa is well-positioned to provide competitive and industry-leading services

Performance reporting: Drive strategic reporting requirements

Strategy execution: Group / Cluster Stakeholder Management – Proactively manage the working relationship with the business heads who have a vested interest in the modernization, optimization, growth, and decommissioning of Absa payments

People management: Fulfil all aspects of people management

Accountable for the development of an agreed Absa Group Payments Strategy; articulating a set of supporting Payments Stream Principles and ensuring the maintenance thereof – aimed at protecting and enhancing the value of the Group Payments Franchise and our banking license.

Job Description

Accountability: Payments Strategy Formulation and Maintenance

• Develop an overarching Group Payments Strategy aimed at protecting and enhancing the value of the Group Payments Franchise, through the provision of a clear Payments direction (including vision, strategic objectives, set of enabling business imperatives, and supporting measures and metrics)
• Have a good understanding of global payments trends, opportunities, and risks and how Absa Group should respond to these for example the Dis-intermediation map and relevant mitigation strategies (i.e. contest, embrace, partner, ignore).
• Understand and support the overall Absa Group Strategy by ensuring that relevant payment aspects are considered in the development of supporting business/operating models and using investment prioritization as a strategic enabler.
• Drive the strategic integration and alignment with Barclays Global Payments functions and other payments stakeholders in the local and international context 2 (i.e. Card Associations, Bankserv, Regulatory and oversight bodies, Banking Council).
• Develop a set of non-negotiable principles supporting the agreed Group Payments Strategy to ensure adherence and alignment to the overall strategic intent and which will facilitate resultant business trade-offs of a non-interest revenue nature.
• Participate in Group, Cluster, and SBU strategic planning process to ensure that the payments aspects of the Customer Value proposition are adequately catered for and inculcated in the strategies/business plans.
• Manage the relationship with internal stakeholders such as business heads and CEOs who have a vested interest in the optimization and growth of the Payments
• Set up and facilitate the strategic payments and performance agenda with Exco.
• Ensure that Payments Innovation remains top of mind and applies it as an enabler for the chosen strategic objectives and that accountable Payments Domains (i.e Card, Account, and Channel) along with Payments Operations and IT move towards best practice solutions.

Accountability: Strategy Execution – stakeholder management & align

• Proactively manage the working relationship with the business heads and CEO who has a vested interest in the optimization and growth of the Payments Function.
• Proactively develop relationships with key industry stakeholders including Bankserv, Card Associations/Schemes, PASA (Payments Association of South Africa), and 3rd party payment services providers.
• Constitute and manage appropriate Payments forums within Absa, with the required mandate and membership.
• Position Absa Payments Franchise as a Group competitive advantage, whilst gaining a reputation for thought leadership in the industry.
• Work closely with Payments Domain custodians (i.e. Account, Card, Collections, and Channel domains) and Payments Operations to ensure the effective operationalization of the Group Payments Strategy and facilitate trade-offs.
• Support the business heads of Absa in idea generation, overall definition, and strategy formulation of the footprint of Absa Payments.
• Ensure that the Payments Franchise (Relevant Non-Interest Revenue line items) is adequately represented and stretched as part of the Medium Term Planning (MTP) process by accountable Payments Domains – i.e. ensure optimal payments penetration of retail, commercial and corporate customer base.
• Inculcate the notional Payments P&L into the top-down and bottom-up MTP and STP (Short Term Planning) processes.

Accountability: Influencing Absa Group Strategy & Planning

• Ensure that Group Payments remains a core line item on the Absa Group Strategy agenda and is inculcated into the strategic management process (Deep Dive Process and Principle Risk sign-off) by representing Group Payments at the appropriate strategy setting forums within Absa (for e.g. Group Transformation
• Socialize and propagate the Group Payments strategy to ensure that core Payments initiatives are represented on the Group Transformation Programme.
• Ensure that the business planning aspects of cross-functional payments aspects are accurately reflected in the MTP process (i.e. not over or understated).
• Ensure that the Payments capability aspects (People, Process, IT, Infrastructure) is catered for in any strategic design and operating model work.

Accountability: Payments Research and Innovation

• Create a Knowledge Management capability for Payments in the Absa Group. Set up a central database (i.e. SharePoint) to store payments-related information/project information/data etc. which could feed into (push) and be fed into (pull) by the broader Payments Community.
• Have a specialized focus on Payments Innovation (Global) with a view to putting forward the Payments Innovation “heat map” as a standard agenda point on the Payments Integration Forum. Build up a close working relationship with the Bankserv Programme Office to ensure that Absa remains up to date on Global Payments matters (opportunities and threats).
• Perform all other duties as reasonably assigned.

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How to Apply

Interested applicants should CLICK HERE to apply

Application Deadline: 27th October 2022

If you have any questions concerning Absa Bank Ghana Limited Recruitment, please feel free to use the comment box below and ask us your question. We will be very pleased to answer you.

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