Senior Strategy Analyst

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

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.

My Career Development Portal: Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa. You are possibility.

Job Summary• To research, analyse and interpret, for the purpose of supporting the crafting of business strategies:

- the operating environment (economic, political, legal and regulatory landscapes)

- market trends (segments profiling, sizing and potential)

- the competitive landscape (strategies, models, propositions, activities)

- and consumer needs, expectations and behaviours

• To provide support to the Business and Strategy Manager in leading and influencing the formulation and monitoring the delivery of strategic projects and initiatives across all aspects of the bank’s activities.

• To identify and make recommendations to the bank with regards to new business opportunities for the organisation.

• To proactively provide internal stakeholders with the relevant support as part of the strategy management process.

Job Description

Job Description

Economic Analysis, Market Intelligence & Competitive Analysis

Support the Business and Strategy Manager to uncover new business opportunities and/or issues which might impact business strategies and financial performance, and provide timely intelligence with a view to inform decision making by:

keeping abreast of the macro-economic, political and legal and regulatory environments and monitor and analyse changes, trends and developments

continuously monitoring the local and international financial and banking sectors, identifying and assessing business and consumer trends

keeping track of competitor activities, analysing financial statements and performing competitive benchmarking and analysis

Support the Business and Strategy Manager to develop economic and financial forecasts, assess the impact of economic developments, and develop recommendations to guide decision-making

Assist the Business and Strategy Manager to build a network with economic expects, i.e. economists, other banks, independent economists, etc.

Strategy Development, Execution and Monitoring

Provide economic, market and competitive insights and analysis which will help guide the business in taking strategic decisions

Assist the Business and Strategy Manager to manage the strategy development and planning process

Conduct analysis of industry, financial and competitor data to help formulate the business strategy detailing business opportunities and scenarios

Proactively identify key drivers of business growth and formulate strategies aimed at further growing the business organically and/or inorganically

Work with business heads and finance teams in the preparation of Short and Medium Term Plans (STP/MTP)

Provide value adding feedback in respect of performance measures and objectives and support the development and implementation of robust scorecards for measuring business performance – financial and non-financial

Complete data and feasibility analysis to support commercial strategic decisions

Partner with the business to provide ongoing advice in the implementation of business strategy

Develop and implement strategic performance management tools to track the performance and impact of key strategic initiatives

Develop a robust tracking mechanism to monitor strategy execution for the different business lines, flag any key strategy execution risks and recommend mitigating actions

Conduct performance analysis and prepare monthly performance reports with the support of the Finance department, assessing and highlighting improvements/deteriorations in performance, and ensure regular and timely cascading to all relevant stakeholders

Present findings to senior management in a coherent and compelling manner, via presentations, written reports, supporting tables, graphics and appendices

Preferred Experience:

A completed Bachelor’s degree, in Economics, Accounting, Finance, Banking or other Business-related field, with a strong academic record from a recognised academic institution.

A Master’s degree in Economics, Accounting, Finance, Banking or other Business-related field from a recognised academic institution would be an advantage.

A minimum 3-5 years of relevance experience.

Experience & Skills:

Proven experience in developing evidence-based strategy through analysis, and communicating strategy to a wide range of audiences, including senior executives

Proven experience in financial analysis and project management

Strong analytical and problem-solving skills

Strong report writing, verbal communication, facilitation and presentation skills

A comprehensive understanding of the banking and financial services sector

Deep understanding of the macroeconomic, political, legal and regulatory environments, and potential impact thereof on the bank’s strategies, activities and performance

Behavioural Competencies:

Strategic thinker with good business acumen

Good team player willing to contribute to the team’s work and culture, supporting colleagues and playing a vocal part in team meetings

Engaging and persuasive with excellent interpersonal and relationship-building skills

Credible presence and strong ability to communicate with senior leaders

Able to dynamically manage concurrent demands within short time frames in a fast-paced environment

Education

Higher Diplomas: Business, Commerce and Management Studies (Required)

R-15983805