ABSA GenA Chief Operating Officer 2025

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In today's rapidly evolving business environment, organizations endeavour not just to adjust, but to pioneer and set new standards. ABSA, a prominent financial services provider in Africa, recognizes the imperative of nurturing talent and fostering leadership. In line with this vision, the ABSA GenA Chief Operating Officer Programme 2025 emerges as a beacon of opportunity for aspiring leaders to embark on a transformative journey within the organization.

About ABSA

ABSA, formerly known as the Amalgamated Banks of South Africa, is one of South Africa's largest financial services groups, offering a range of banking and wealth management services to individuals, businesses, and institutions. Founded in 1991 through the merger of several South African banks, ABSA has a rich history that dates back over a century. The bank's origins can be traced to the early 20th century when various regional banks were established across South Africa. Over the years, ABSA has expanded its footprint both domestically and internationally, solidifying its position as a leading financial institution on the African continent. Today, ABSA is known for its innovative banking solutions, commitment to customer service, and contributions to the economic development of South Africa and beyond.

About the Programme

The ABSA GenA Chief Operating Officer Programme 2025 represents a prestigious opportunity for exceptional individuals to develop their leadership acumen and make a tangible impact within the organization. Designed to identify, nurture, and accelerate the careers of future leaders, the programme offers a structured pathway towards assuming the role of Chief Operating Officer (COO) within ABSA.

The GenA Chief Operations Office 2025 offers an 18-month contract to kick start an exciting career path within the Absa Corporate & Investment Banking division, driving the success of various front office businesses. It presents a compelling opportunity to join teams leading the charge in facilitating the transformative journey underway in the world of work. Within these business units, candidates will collaborate with esteemed strategists and subject matter experts across diverse fields, all deeply committed to the success of the bank and the broader socio-economic landscape. The programme seeks innovative, analytical individuals with a passion for making an impact in the banking industry. Candidates are expected to possess a self-assured mind-set and a willingness to embrace challenges, with a focus on structured development through a graduate programme.

This journey will involve connecting with colleagues across the continent, fostering cross-cultural competency, and mastering the principles of design thinking. By applying adaptive thinking and novel approaches, participants will be well-prepared for the evolving landscape of the future workforce. ABSA is seeking ambitious and talented individuals who demonstrate exemplary leadership potential, strategic thinking, and a passion for driving positive change. Ideal candidates should possess a track record of academic excellence, coupled with relevant professional experience in the fields of banking, finance, or related industries. Moreover, candidates should exhibit strong interpersonal skills, adaptability, and a drive to innovate.

Benefits of the Job

1. Mentorship from seasoned executives: Participants will have the opportunity to receive guidance and mentorship from senior leaders within ABSA, gaining invaluable insights into the intricacies of the financial services industry.

2. Tailored development opportunities: The programme is designed to provide participants with targeted training and development initiatives, equipping them with the skills and knowledge necessary to excel in their roles.

3. Exposure to diverse business functions: Participants will have the chance to rotate across various business units within ABSA, gaining a holistic understanding of the organization's operations and strategy.

4. Competitive remuneration package: Successful candidates will be offered a competitive salary and benefits package commensurate with industry standards.

5. An intensive 10-month leadership development program centred on personal leadership, personal branding, design thinking methodology, digital agility innovation, disruption, team effectiveness, and strategic and analytical problem-solving.

6. Immersion within one of Absa's Africa regional offices.

7. Participation in Absa Force For Good (CSI) initiatives.

8. Tailored business and behavioural coaching delivered by a respected corporate educator.

9. Engagement in Action Learning Projects aimed at tackling genuine business opportunities and challenges.

Eligibility Requirements 

-  South African Citizenship is mandatory.

- The ideal candidate must hold a qualification in one of the following disciplines:

- Accounting and Auditing

-  Information Systems

-  Information Technology

- Chemical Engineering

- Computer Science

-  Consumer Science

-  Finance

-  Supply Chain Management

- Forensic Science

- Industrial Engineering

- Law

- Mathematics

-  Mechanical Engineering

-  Risk Management

-  Statistics

- Data Science

- Completion of the qualification must be achieved on or before 31 March 2025.

- Candidates must possess an Honours degree or its equivalent.

-  Candidates must have aggregate of at least 65% is required.

  - Candidates should have less than 2 years of full-time work experience.

Job Perks

- Hybrid work: ABSA embraces a hybrid work model, offering flexibility in work arrangements that allow employees to work remotely part of the time while also having opportunities for in-person collaboration and engagement. This flexible approach enables employees to achieve a better work-life balance and adapt to individual preferences and circumstances.

- 18 Months Fixed Term Contract: Participants in the ABSA GenA Chief Operating Officer Programme 2025 will benefit from an 18-month fixed term contract, providing them with stability and the opportunity to fully immerse themselves in the program and contribute to the organization's objectives over an extended period.

  - Wellness initiatives: ABSA recognizes the importance of employee well-being and offers various wellness initiatives such as fitness programs, mental health support, and access to wellness resources to ensure employees maintain a healthy work-life balance.

  - Religious facilities: ABSA respects the diversity of its workforce and provides religious facilities or accommodations to support employees' religious practices and observances, fostering an inclusive and supportive work environment.

- Laptop: As part of the program, participants will be provided with a laptop to facilitate their work, ensuring they have the necessary tools and resources to excel in their roles and contribute effectively to the organization's initiatives.

Beneficial Skills

  Technical Competencies

- Strong Communication Skills

- Market Research & Analysis

- Client and Customer Service Obsessed

- Financial Analysis

- Investment Analysis

- Commercial Savvy

- Business Plan Preparation and Evaluation

- Cognitive Flexibility

Behavioural Competencies

- Valuing Cultural Diversity

- Analytical Thinking

- Continuous Learning

- Time Management/Priority Setting

-  Decision Making

-  Initiative

- Work ethic

-  Proactivity & Self-Motivation

- Problem Solving

- Resilience / Tenacity

 - Team Leadership

How to Apply

Interested candidates can apply for the ABSA GenA Chief Operating Officer Programme 2025 by visiting the official ABSA careers portal and submitting their application online. The application process typically involves the submission of a resume, cover letter, and any additional supporting documents requested by ABSA. Shortlisted candidates will be invited to participate in a series of assessments and interviews to determine their suitability for the programme. Click here to apply.

Application Deadline

The application deadline for the ABSA GenA Chief Operating Officer Programme 2025 is [ 30 June 2024]. Interested candidates are encouraged to submit their applications well in advance to ensure consideration.

The ABSA GenA Chief Operating Officer Programme 2025 stands as a testament to ABSA's commitment to nurturing talent and fostering leadership excellence. For aspiring leaders seeking to embark on a transformative journey within a leading financial services institution, this programme offers an unparalleled opportunity for growth, development, and impact. Offering a diverse range of advantages, mentorship opportunities, and exposure to diverse business functions, participants can chart a course towards a fulfilling and rewarding career at ABSA. Apply now and unleash your potential as a future leader in finance.

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