Country and Sovereign Risk Lead

Empowering Africa’s tomorrow, together…one story at a time.

Job Summary

Job Description

• Lead and drive the team’s Research and Analysis outputs. This includes providing Risk insights on key risk macro-economic themes, socio-political risk factors and other jurisdiction risk factors in Sub-Saharan Africa (SSA) and other Emerging Markets. Also conduct Industry/sector analysis for various regions, and the wider global economy.

• Drive the team’s Reporting objectives, that is: preparation of Risk Committee/Board packs, provide oversight of Absa Group’s country and sovereign portfolio.

• Prepare Country and Sovereign Risk Rating reports for a host of countries (with a primary focus on SSA).

• Alongside the preparation of Country Risk Reviews, develop and provide inputs into the team’s Risk Models, that is: country and sovereign risk rating models and other macroeconomic forecasting models.

• Provide Risk support to the various Business teams – with a focus on providing deal (transaction) structuring advisory to mitigate country risks. Also assist in formulating risk-prudent strategies for the various markets that we operate in.

• Conduct country visits and/or virtual meetings with multilateral organizations, governments and key clients across African countries.

• Mentor junior members of the Country and Sovereign Risk team.

Qualifications and Experience:

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies. A postgraduate degree majoring in Economics and/or Development Finance is preferable.

• 7+ years in experience in Economic Analysis and Forecasting, Reporting and Country & Sovereign Risk Management.

• Previous experience in a financial institution, central bank, rating agencies or research entities will be an added advantage.

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