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


    Find daily jobs in South Africa. Jobs - South Africa jobs. Search our career portal & find the latest South African job positions, career opportunities & jobs in South Africa.

    Jobs in South Africa - banking jobs, IT jobs, accounting jobs, NGO jobs, business administration, ICT, UN jobs, procurement jobs, education jobs, hospital jobs, human resources jobs, engineering, teaching jobs, and other careers in South Africa.

    Find your dream job from 1000s of vacancies in South Africa posted and updated daily - click here!

  • Click here to post comments

    Join in and write your own page! It's easy to do. How? Simply click here to return to African Jobs.