Job summary

Location:
Cape Town, South Africa, Africa
Career Level:
Senior (5+ years of experience)
Education:
Diploma
Job type:
Full time
Positions:
1
Salary:
Negotiable

Personal Loans Portfolio Risk Manager AA/EE (Cape Town)(REF 117)

About this job

Great opportunity to take a step up in your career with this well known and successful Financial Services leader in the beautiful Mother City.

Your main focus in this role will be to optimise the medium term profitability of the client’s specific unsecured personal loans portfolios by setting the appropriate credit risk appetite strategy, including:
Terms of Business
Scoring and Policy Rule Strategies
Appropriate bad debt targets
Pricing and Profitability

Requirements

B.Com, B.Bus Sci, B Eng, B.Sc 
B.Sc / B.Com / Honours / Masters degree in Mathematics, Statistics, Economics, Finance, Financial Risk Management, Quantitative Risk Management, Actuarial Science or equivalent
Analytical mind set
Good written and verbal communication skills
Attention to details
Strong ability to interpret data , communicate this to and influence key stakeholders

Experience

5 years - Analysis, retail credit risk, reporting and modelling experience within a consumer based portfolio environment such as credit risk portfolio performance or customer value management.
2 years - Working knowledge and experience in using data analysis software packages such as SQL or SAS is essential
5 years - Knowledge of the credit industry and credit life cycle management is essential
5 years - Good working knowledge of MS Office



Duties

 Duties

Budgeting and Tracking
Accountable for performance, including all risk drivers and bad debt of the portfolio relative to agreed targets.

Portfolio Management
Formulate, monitor and review profitability, provisioning, production, and credit quality targets for each portfolio.
Monitor the risk and profitability performance of each portfolio, total customer exposure, early settlements, as well as customers’ external exposure to credit.
Communicate findings and make recommendations to key internal and external stakeholders.
Conduct trend analysis on the portfolios to identify opportunities for growth and appropriate collections and recoveries strategies.
Optimise and make recommendations on the Terms of Business, scorecard types, scorecard cut-offs, scorecard vendor (if external) bad debt levels and portfolio profitability

Reporting and Analytics
Prepare and present all reporting to internal and external stakeholders
Work closely with scoring and modelling analytics as business owners of all models.
Ensure alignment and manage expectations with brand performance owner(s) in terms of portfolio performance (including risk drivers, bad debt and production levels).
Make recommendations to the brand performance owner(s) based on findings from analysis, monitoring and reporting.

Strategy Initiatives
Initiate appropriate Champion / Challenger strategies and use the results to inform tactical decisions that optimise portfolio performance

Coaching and mentoring
Mentorship and development of junior analysts may be required from time to time.


Job keywords/tags:  SQL or SAS is essential
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