Website Absa Bank
Absa Bank
Head of Debt – Corporate Banking
Absa Bank Tanzania
About Us
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With over 100 years of rich history, Absa Group Limited is proudly positioned as a local bank with strong regional and international expertise. A career with us offers the opportunity to be part of an exciting growth journey—resetting our future and shaping our destiny as a proudly African group.
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Job Summary
The Head of Debt is responsible for leading and managing the Corporate Banking debt asset product portfolio at Absa Bank Tanzania.
This role focuses on:
- Driving sustainable growth of the debt franchise
- Implementing risk-adjusted pricing (RORWA)
- Ensuring disciplined balance sheet management
- Deepening client relationships
The position is critical in positioning Absa as a leading corporate bank in Tanzania.
Key Responsibilities
1. Business Management (75%)
- Own and deliver Debt Balance Sheet and P&L targets in collaboration with Relationship Managers and product teams
- Develop and execute strategy across coverage segments (products, customer proposition, lending approach)
- Support Relationship Managers in originating and executing debt transactions
- Originate and execute Debt and Investment Banking opportunities
- Collaborate with specialist product teams to deliver comprehensive client solutions
- Implement and enforce Debt Pricing Policy
- Lead new product approval processes for Debt products at country level
- Ensure compliance with governance and regulatory requirements
- Maintain up-to-date Debt pipeline (Salesforce)
- Conduct monthly product revenue validation
- Ensure pricing meets minimum hurdle rates
- Monitor portfolio performance and maintain strong credit quality
- Identify opportunities and implement best practices across segments
- Ensure Mini ALCO meetings are held and deals are realized on the balance sheet
2. People Development & Management (25%)
- Build and enhance Debt product knowledge among Relationship Managers
- Strengthen in-country capabilities
- Foster collaboration with key stakeholders (Credit, CCMs, and group partners)
- Ensure adherence to Absa policies and procedures
- Embed strong values, behaviours, and risk culture
- Provide learning and development opportunities for teams
Risk & Control Responsibilities
- Apply risk frameworks and promote a strong risk culture
- Understand role in end-to-end processes, including risks and controls
- Adhere to all policies and procedures
- Report and analyze risk events and incidents
- Identify and implement improvements in control environments
- Complete all mandatory training within required timelines
Technical Skills & Competencies
- Relationship management
- Strong negotiation, influencing, and selling skills
- Business development and commercial awareness
- Credit risk analysis expertise
- Teamwork and collaboration
- Performance management
- Innovation and problem-solving
- Decision-making ability
- Strong presentation skills
Knowledge, Expertise & Experience
- Proven experience in Corporate Banking, particularly Debt products
- Results-driven with strong business acumen
- Knowledge of competitor landscape
- Demonstrated leadership, coaching, and team management skills
- Excellent communication and negotiation skills
Preferred:
- Experience in a multinational and matrix environment
- Exposure to banking and financial services industry at a senior level
- Experience in international financial institutions
Education Requirements
- Bachelor’s Degree in Business, Commerce, Management, or related field (Required)
- Relevant professional qualifications are an added advantage
How to Apply:
To submit your application, please follow the link provided below.
To apply for this job please visit absa.wd3.myworkdayjobs.com.