Specialist: Enterprise Development
Welcome to the Latest Job Vacancies Site 2025 and at this time we would like to inform you of the Latest Job Vacancies from the Absa Bank Limited with the position of Specialist: Enterprise Development - Absa Bank Limited which was opened this.
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Empowering Africas 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. Job Summary To provide advice and support in banking practice formulation and associated best practice improvement tactics; enabling the provision of specialist expertise. To manage value optimization within the Small Medium and Micro Enterprise (SMME) & Commercial markets by providing business support and advisory services to emerging businesses. Identifying opportunities and facilitating financial product and transactional account uptake a) Identify & participate in events for development of emerging SMMEs b) Identify events that can result in NTB opportunities for SMME & Commercial customers c) Identify customers where alternative lending & ED solutions can add value d) Contribute to the achievement of the set BBBEE scorecard target through utilization of the Business Development & Support (BDS) budget Job Description Facilitate Enterprise Development Activities- Engage with stakeholders (for example Department of Trade and Industry (DTI), National Youth Development Agency (NYDA), South African Revenue Services (SARS) etc.) to ensure that Enterprise Development (ED) activities are in line with the National emerging SMME agenda and in line with the Absa Enterprise Development Business strategy.
- Contribute to the strategic planning and Execution of the ED & Alternative lending plan and implement customer education interventions in line with the (ED) strategy. These interventions include, but are not limited to, workshops, roadshows, business opportunity days, presentations, stakeholder networking sessions and Small Business week.
- Identify support requirements to meet the different sectoral needs (e.g., transport sector, retail sector, mining sector etc.). Engage Business Development Support (BDS) to plan and implement interventions to address or meet sectoral needs.
- Arrange logistics for interventions in collaboration with BDS.
- Manage an attendance register and customer feedback at each intervention to keep track of attendance, obtain feedback, analyse trends, and follow up on clients to monitor progress on intervention for which they have received training.
- Provide feedback by monthly written report to stakeholders (Small Business, National and Provincial Government) on progression of ED activities (i.e., number of clients contacted, types of businesses started, and interventions administered).
- Create awareness of the ED in communities with high emerging market saturation by liaising with local authorise to identify opportunities, giving presentations, cold calling and other marketing strategies and encourage entrepreneurs to use services provided by the BDS budget (e.g., workshops, training, conferences, library facilities and business advisory services).
- Explore and initiate new business opportunities and relationships within the SMME & Commercial arena, for example with SEFA, Provincial and National Government and Small Enterprise Development Agency (SEDA) and create partnerships that can grow Absa Enterprise Development Business portfolio substantially through new customer acquisition and the uptake of financial products and account uptake.
- Translate business lead information into proposals and pass these on to business bankers. Ensure that leads via Customer 1 are actioned effectively and timeously by following up on service level agreements agreed upon with the ED and Business.
- Promote ED value proposition and the uptake of both asset products and transactional accounts to customers by providing product information and linking clients with Area Coverage Managers and Bankers within the clients business area. These products include but are not limited to transactional accounts, credit facilities, investment accounts and guarantee funds.
- Promote and market Absa Business value-add products and electronic banking solutions (i.e., internet banking, cell phone banking and telephone banking) to clients within the emerging market segment.
- Design ED Value Proposition and Alternative lending offering/s to support opportunities for emerging SMMEs (for example training plans, events, and conferences). These should be implemented in line with the Enterprise Development strategy, requirements, and agreements with external parties (for example preferred provider training vendors).
- Assist emerging businesses with set-up of alliances or opportunities with key stakeholders for funding and other business resources (e.g., SARS, SEDA, National Youth Development Agency (NYDA) and Department of Trade and industry).
- Assist emerging SMME to design and evaluate business plans and proposal/s submitted in terms of objectives, timing, and cost, by identifying the gaps and communicating findings and suggestions to all relevant parties.
- Translate leads information submitted into proposals and make recommendations to enable objective decision making. The information must be clear and direct to enable business to make the right decisions specifically.
- Research develop and maintain an information library of market intelligence (information should include but not limited to sectoral magazines, brochures, electronic resources, and pamphlets) in different sectors and make available to emerging businesses as and when they need these.
- Ensure compliance to basic requirements of BBBEE and EEA legislation
- Ensure that the business is always compliant with audit, control, regulatory requirements by adhering to all policies and procedures
- Engage when required with Audit teams to agree on scope and audit findings and provide the auditors with the required documentation.
- Manage SLA agreements with relevant stakeholders such as training providers, vendors, and suppliers.
- Proactively keep up to date with relevant knowledge, legislation, operations, and developments in the financial sector
- Ensure that all required documentation ac
Information :
- Company : Absa Bank Limited
- Position : Specialist: Enterprise Development
- Location : Umhlanga, KwaZulu-Natal
- Country : ZA
How to Submit an Application:
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Post Date : 2025-01-09 | Expired Date : 2025-02-08