CIB Transactional Banking Specialist - NBFI
Role Overview
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.
Belonging at Absa
Absa is committed to creating an inclusive workplace where everyone can thrive. We are an equal opportunity employer and welcome applications from suitably qualified individuals from diverse backgrounds. In support of our Diversity, Equity, Inclusion and Belonging (DEIB) commitments and Employment Equity objectives, preference may be given to candidates from underrepresented designated groups, including persons with disabilities. We encourage applicants who may require reasonable accommodation during the recruitment process to let us know so that appropriate support can be provided.
Job Summary
We are looking for a Specialist Transactional Banker for our Corporate & Investment Banking team to drive business growth and increase income by engaging top-tier clients with the TXB product suite across Domestic and International Banking.Job Description
In this role your key accountabilities will include the following;
- Retaining existing key client relationships and furthering cross / up sell opportunities within the responsible portfolio.
- Building and improving relationships across all customers and key stakeholders.
- Cultivating good rapport with corporate clients and ensure the bank becomes the choice for their transactional banking needs.
- Building trust through driving strategic relationships to ensure retention of clients.
- Ensuring the client relationship is well entrenched with our Customer Service Centre (CSC) to enable full potential of the day-to-day servicing elements between the client and Absa.
- Leveraging deep-rooted product skills and business acumen to develop and deliver bespoke and often sophisticated Cash Management solutions to existing clients and key target clients of Absa.
- Proactively drive relationships with existing key clients and non-Absa connections to capture their Cash Management Business. This targeted activity will be generated from the establishment, development, and implementation of portfolio sales plans in partnership with Coverage Bankers and Transactional Banking Solution Specialist.
- Work closely with other areas of Absa to develop joint business development initiatives to maximize cross selling opportunities.
Apply for the role if you have the above-mentioned experience and meet the below criteria;
- A bachelor’s degree in commerce, or a Post Graduate degree will be advantageous
- 5 plus years Product and/or Banking experience
- An understanding of corporate client Cash Management needs including a good working knowledge of client accounting and Treasury Management operating systems and how our services interface with them.
- Excellent knowledge of Cash Management to ensure one can provide sound advice and specialized solutions to the client and gain the position of trusted adviser.
- International Banking experience
- Additional product skills, beyond Cash Management e.g. Trade, Working Capital and knowledge of Africa would be an advantage.
Education
Bachelors Degree and Professional Qualifications: Business, Commerce and Management Studies (Required)About Absa
Absa is hiring for this full-time position in Cape Town.
Why This Is Good for Starters
Full-time positions like this one are ideal for building real-world experience. Even if you don't meet every requirement, applying shows initiative — and many employers value attitude over experience for entry-level roles.
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