Absa Africa Low Value Electronic Dt. Senior Payments (Everyday Banking) Specialist Jobs in South Africa

Absa Africa Low Value Electronic Dt. Senior Payments (Everyday Banking) Specialist Jobs in South Africa

  • 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 Summary

  • To influence and shape South Africa’s & Absa’s low value Electronic Debit modernization journey through optimal interbank participation, industry relationship facilitation , PSO and internal business unit engagement whilst ensuring that Absa’s end-to-end low value electronic Debit utility (EFT, EDO, AC) functions optimally in all aspects in order to become a leading Low Value Electronic Dt. provider to customers and businesses. Perform the role of a Subject Matter Expert across the Absa group.

    Key Accountabilities

    Accountability: Strategic direction

  • Create strategic direction for all low value Electronic Debit payment streams (Domestic) – EFT, EDO, AC by compiling and executing business plans

  • Own, manage and provide strategic direction for key industry low value electronic Dt. related initiatives.

  • Implement and execute Payments strategic plans through approved governance framework

  • Own and manage low value Electronic Dt. related outcomes of strategic internal payments governance forums - AGL payments council & relevant sub-committees

  • Own and manage low value Electronic Dt. related outcomes of external bodies such as Competition Commission; BASA, PSMB, SARB, PSO’s, other, by facilitating stakeholder buy-in and alignment through the relevant internal payment governance forums

  • Ensure alignment with other related internal business unit strategies by growing stakeholder relations with such business units

  • Determine and provide strategic MI for all relevant payment streams that will aid in decision making. Create strategic direction for ISO20022 transformation in partnership with RBB Payments data capability

  • Liaise with Regulatory and CIB counterparts to ensure alignment with compliance and identify any trade-offs as a subject matter expert.

  • Identify trends, opportunities and risks and stay abreast of developments in the related industry and external environment/market.

  • Represent the Bank in industry functional debate at forums such as LV Electronic PCH PG and associated project sub-committees.

    Accountability: Representation and work in the industry

  • Represent Payment Product management at relevant Absa forums where low value Electronic Dt. payments products and streams are affected.

  • Represent Absa at relevant industry forums (Low value EFT PCH PG - EFT, AC and Clearing rules, steering committees and design work-groups) by attendance and presenting an Absa mandated view.

  • Ensure alignment in Absa on all decisions made in the industry affecting relevant payments System Operators through the appropriate
    governance forums and PSO engagements.

  • Coordinate initiatives in the payments domain by getting buy-in from all stakeholders.

  • Be the entry point and co-ordinator for the relevant Payments Clearing Houses (PCH) and interbank incidents by being the primary representative on the relevant forums.

  • Be the escalation representative for all inter-bank queries on low value debits – EFT, EDO and AC once the Operational route is exhausted.

  • Represent Absa at regulatory forums and engagements – National/regional/ global

    Accountability: Business ownership of Low value Electronic Debit payment streams – (EFT, EDO, AC)

  • Facilitate a data-led low value Electronic Dt. capability by developing and reporting on the health of Absa’s low value electronic Debit payment streams in partnership with RBB Payments data capability

  • Chair and facilitate stakeholder engagement through the Low Value Payments Forum

  • Ensure that BCM plans for low value Electronic debit payment streams for Absa and the industry are compiled and always kept updated

  • Ensure that minimal risk is brought into the Payments franchise by adhering to the relevant Governance frameworks.

  • Oversee and be accountable for all change on low value Electronic debit payment streams by being closely aligned with the Group Payments change, payments operations and technology teams

  • Ensure effective communication with all Business partners by preparing input to the relevant forums.

  • Ensure that all manuals and procedure guides are up to date and accurate.

  • Ensure that all incidents are managed by engaging the relevant stakeholders in the resolution.

  • Closely align to the relevant payments operations functions to ensure complete relevant Payments streams and products by acting as the Utility owner.

  • Perform all other duties as reasonably assigned.

    Education and Experience Requirements

  • B Degree or equivalent NQF level 7 or higher qualification.

  • At least five (5) years solid Specialist Payments knowledge.

  • At least seven (7) years Operations, Payments and Change Management experience.

  • At least seven (7) years Stakeholder Management.

  • Experience in the IT network environment preferred.

    How to Apply

  • For more information and job application details, see; Absa Africa Low Value Electronic Dt. Senior Payments (Everyday Banking) Specialist Jobs in South Africa

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