Principal: AVAF Credit Risk, Impairments & Portfolio Optimisation

Johannesburg, South AfricaFull-timeSeniorOn-sitePosted 21 Oct 2026

Job Overview

Absa is hiring a Principal: AVAF Credit Risk, Impairments & Portfolio Optimisation in Johannesburg (requisition R-15992039; full time; closing 23 October 2026) within Absa Vehicle and Asset Finance. The role leads impairments insights and planning, oversight of operational management of secured and structured assets, capital and RWA optimisation, VAF portfolio funding use, funding-rate strategies and structured funding arrangements, and is integral to portfolio design — distilling these into robust strategies that enable growth.

The Principal provides insight into impairment trends, forecasts and variance analysis, ensures appropriate coverage levels given model parameter refreshes and economic outlooks, partners with collections strategy and operations, leads rate-refresh discussions from a business credit-risk perspective, coordinates securitisation operational and reporting activities, and identifies Basel IV RWA optimisation opportunities under AIRB and the Standardised approach, partnering with finance, FRM, treasury, operations and executive leadership while managing and coaching a team.

Key Responsibilities

• Provide insight into impairment trends, forecasts and variance analysis; ensure appropriate coverage levels

• Translate business insight into collections strategies with collections strategy and operations

• Complete impairment planning each cycle with collections, finance and portfolio management

• Lead rate-refresh discussions from a business credit-risk perspective

• Coordinate securitisation operational and administration activities, focusing on risk and reporting

• Identify portfolio-mix, regulatory and model opportunities to optimise RWA under Basel IV (AIRB and Standardised)

• Identify opportunities to improve overall funding rate, mix and margin

• Support product innovation on optimal capital, funding and loss outcomes

• Partner with finance, FRM, treasury, operations and executive leadership on funding efficiency and returns

• Manage, coach and develop people and team performance

Required Qualifications

• Bachelor’s degree with postgraduate qualification in Commerce or Risk

• 15 years’ experience across impairments, credit, securitisation and capital optimisation

• Knowledge of Basel IV, AIRB and Standardised approaches

• People management experience

Skills & Requirements

Credit Risk ManagementImpairment CoverageImpairment ForecastingSecuritisationCapital OptimisationRWA / Basel IVAIRBFunding StrategyCollections StrategyPortfolio ManagementVehicle & Asset FinancePeople Leadership