Entry Level Operations & C&B Specialist

Job Description

Entry Level Specialist: Operations & Administration (C&B) at Absa Bank Limited

Absa Bank Limited, a proudly African financial institution with over 100 years of rich history and regional expertise, is offering an exciting opportunity for an Entry Level Specialist in Operations & Administration (C&B). This role supports Investment Managers by providing essential administrative and operational assistance, contributing to the bank’s growth and service excellence.

Key Responsibilities

• Validate correctness and accuracy of information on Deal Sheets for maturities, new investments, maintenance, transfers, and rate changes.
• Verify data captured by Back Office for maturities, new investments, maintenance, transfers, and rate changes.
• Populate Deal Sheets via Orchestrate for all relevant transactions.
• Obtain client acceptance of quotes with necessary proof.
• Investigate reasons for deal sheets not fit for processing, coordinating with IRA as needed.
• Maintain and update client details on Orchestrate.
• Send confirmation letters to clients upon investment account opening.
• Maintain CASA list and issue CASA numbers for new investment accounts.
• Draw up SOX listings daily and weekly from operational systems, consolidate lists, conduct control checks, reconcile monthly SOX lists, and forward for Investment Specialist sign-off.
• Identify quality leads by assessing prospective investment clients from operational system listings.

Requirements

Minimum Qualifications

• Grade 12 plus NQF Level 5 qualification.
• At least 3 years relevant experience in an administrative or clerical role.
• Minimum two years’ experience preferably in Absa Relationship Banking.
• Knowledge of regulatory and compliance frameworks.
• Basic understanding of liability products.
• Further Education and Training Certificate (FETC) in Business, Commerce, and Management Studies (Required).

Equal Opportunity Employer

Absa Bank Limited is an equal opportunity and affirmative action employer. Preference will be given to suitable candidates from designated groups to promote equitable demographic representation and diversity within the workforce. The bank reserves the right not to make an appointment to this post.