Empowering Africa's tomorrow, together…one story at a time.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 SummaryTo provide advice and support in banking practice formulation and associated best practice improvement tactics; enabling the provision of specialist expertise.
To manage value optimization within the Small Medium and Micro Enterprise (SMME) & Commercial markets by providing business support and advisory services to emerging businesses.Identifying opportunities and facilitating financial product and transactional account uptake.Identify & participate in events for development of emerging SMMEs.Identify events that can result in NTB opportunities for SMME & Commercial customers.Identify customers where alternative lending & ED solutions can add value.Contribute to the achievement of the set BBBEE scorecard target through utilization of the Business Development & Support (BDS) budget.Job DescriptionFacilitate Enterprise Development ActivitiesEngage with stakeholders (for example Department of Trade and Industry (DTI), National Youth Development Agency (NYDA), South African Revenue Services (SARS) etc.)
to ensure that Enterprise Development (ED) activities are in line with the National emerging SMME agenda and in line with the Absa Enterprise Development Business strategy.Contribute to the strategic planning and execution of the ED & Alternative lending plan and implement customer education interventions in line with the (ED) strategy.Identify support requirements to meet the different sectoral needs (e.g., transport sector, retail sector, mining sector etc.).
Engage Business Development Support (BDS) to plan and implement interventions to address or meet sectoral needs.Arrange logistics for interventions in collaboration with BDS.Manage an attendance register and customer feedback at each intervention to keep track of attendance, obtain feedback, analyse trends, and follow up on clients to monitor progress on intervention for which they have received training.Provide feedback by monthly written report to stakeholders (Small Business, National and Provincial Government) on progression of ED activities.Financial and Value ManagementCreate awareness of the ED in communities with high emerging market saturation by liaising with local authorities to identify opportunities, giving presentations, cold calling, and other marketing strategies.Explore and initiate new business opportunities and relationships within the SMME & Commercial arena.Translate business lead information into proposals and pass these on to business bankers.Promote ED value proposition and the uptake of both asset products and transactional accounts to customers.Promote and market Absa Business value-add products and electronic banking solutions to clients within the emerging market segment.Business Support and Advisory ServicesDesign ED Value Proposition and Alternative lending offering/s to support opportunities for emerging SMMEs.Assist emerging businesses with set-up of alliances or opportunities with key stakeholders for funding and other business resources.Assist emerging SMME to design and evaluate business plans and proposals.Translate leads information submitted into proposals and make recommendations to enable objective decision making.Research, develop and maintain an information library of market intelligence.Operations and ComplianceEnsure compliance to basic requirements of BBBEE and EEA legislation.Ensure that the business is always compliant with audit, control, regulatory requirements by adhering to all policies and procedures.Engage when required with Audit teams to agree on scope and audit findings.Manage SLA agreements with relevant stakeholders.Proactively keep up to date with relevant knowledge, legislation, operations, and developments in the financial sector.EducationBachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required).Absa Bank Limited is an equal opportunity, affirmative action employer.
In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.Absa Bank Limited reserves the right not to make an appointment to the post as advertised.
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