Apply Now: Area Segment Manager Position at Absa Bank – Lead Private Wealth Banking Teams
Absa Bank is hiring an Area Segment Manager to lead Private Wealth Banking teams—an exceptional opportunity for experienced professionals in financial services to manage high-net-worth client portfolios, drive strategic growth, and ensure customer satisfaction.
Apply Now: Area Segment Manager Position at Absa Bank – Lead Private Wealth Banking Teams
Background & Job Description
Absa Bank, with over a century of banking heritage, continues to be a powerful force in the financial services landscape across Africa. As part of its commitment to delivering world-class banking solutions with a local touch, Absa is offering an opportunity to join its leadership team in Private Wealth Banking.
The bank is currently seeking a dynamic and goal-driven Area Segment Manager to lead and manage Private Wealth Bankers and Sales Support Consultants within a specified region. This position offers a unique chance to shape the direction of wealth management operations and contribute to Absa’s growth objectives.
The Area Segment Manager plays a pivotal role in the implementation of the Private Wealth Banking strategy. This includes client acquisition, revenue generation, compliance management, and talent development. The successful candidate will be responsible for aligning operational execution with broader business goals while ensuring excellent service standards for high-net-worth clients.
The ideal candidate should be a seasoned leader with experience in managing customer-facing teams, implementing tactical strategies, and driving team performance in the financial sector. A strong focus on customer experience, risk compliance, stakeholder engagement, and business development is required for success in this role.
Please note: We are not affiliated with Absa Bank. This job post is shared for informational purposes only to help connect candidates with open opportunities in the banking sector.
Tasks
As an Area Segment Manager, the selected candidate will be expected to:
-
Lead and manage Private Wealth Banking teams, including Private Wealth Bankers and Sales Support Consultants, ensuring consistent achievement of performance and sales targets.
-
Drive client acquisition and revenue growth by developing and executing tactical plans aligned with the overall Private Wealth Banking strategy.
-
Monitor and improve customer satisfaction, ensuring that turnaround times, service levels, and operational delivery meet or exceed client expectations.
-
Coach and mentor team members to enhance individual and group performance, foster professional development, and drive a high-performance culture.
-
Oversee operational risk and compliance in accordance with regulatory and internal control standards, ensuring adherence to quality benchmarks across all transactions.
-
Translate strategic business goals into actionable objectives, using the performance development process to ensure accountability and results within the team.
-
Promote stakeholder collaboration by engaging with cross-functional teams and sharing insights, feedback, and best practices to support innovation and continuous improvement.
-
Uphold and enhance the customer experience, ensuring excellence in client service delivery, especially within the high-net-worth segment.
Qualifications
Education and Certification
-
A National Diploma or Advanced Certificate in Business, Commerce, Management Studies, or a related field is required.
-
Additional certifications in wealth management, financial planning, or banking leadership would be an advantage.
-
Apply Now: Area Segment Manager Position at Absa Bank – Lead Private Wealth Banking Teams
Experience
-
Proven experience in financial services, ideally within private or wealth banking environments.
-
Demonstrated success in managing sales teams, client portfolios, and high-net-worth customer relationships.
-
Strong understanding of business development, customer experience management, and banking compliance requirements.
-
Prior experience in coaching, mentoring, or developing team members to achieve business outcomes.
-
Familiarity with banking systems, client engagement tools, and performance management frameworks.
-
A strategic thinker with the ability to translate tactical plans into measurable results.
Additional Information
-
This is a full-time permanent position with Absa Bank.
-
The deadline for applications is May 23, 2025. Interested candidates are encouraged to apply before the closing date to be considered.
-
Absa Bank is committed to promoting employment equity and workplace diversity. In line with the Employment Equity Act 55 of 1998, preference may be given to candidates from designated groups to support equitable representation.
-
Absa Bank Limited reserves the right not to proceed with any appointment following this advertisement.
-
Please be aware that this website is not affiliated with Absa Bank. We are only sharing this opportunity to assist professionals in discovering relevant banking and finance career openings.
Top Keywords: Absa Bank jobs, Area Segment Manager, Private Wealth Banking careers, financial services leadership jobs, bank manager vacancies, high-net-worth banking, South Africa banking jobs, banking compliance careers, wealth management jobs 2025, Absa recruitment, customer relationship management banking, performance-driven bank jobs