Portfolio Analytics and Risk Appetite Credit Risk Analyst

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Job Summary

To support the Manager: Portfolio Analytics and Risk Appetite for the effective execution of the credit risk mandate with specific focus on the setting, review, and monitoring of the credit risk appetite within Revolving Lending. The role also requires the incumbent to support in monitoring and strategic analytics that provide meaningful interpretation and narration of credit risk, leading to actionable conclusions and fact-based decisions in the management of portfolio shape and concentrations to achieve profit targets and to enable responsible book growth and management.

Job Description

Accountability: Credit Risk Appetite Setting / Review

• Identification of risk segments at product and customer level, based on default risk, volatility, and profitability

• Forecasting of balance rundowns and limit utilisation given Finance monthly booking forecasts

• Forecasting of income, cost, and impairment charges, given financial input assumptions and historical account behaviour within risk segments

• Optimising application value distributions across risk segments to achieve return and earnings volatility targets

• Setting vintage delinquency thresholds to trigger action by means of risk cutbacks in order to maintain risk levels within appetite

• Monthly monitoring of the adherence to risk appetite thresholds

• Monitoring continued relevance of risk appetite modelling assumptions

Accountability: Existing Customer Management

• Monitor customer stress and key concentration risk metrics

• Produce analytics to identify and mitigate credit risk within the portfolio

• Analyse the impact of the current macro-economy, book growth, and bank initiatives on the credit health of the portfolio and the achievement of risk appetite.

• Diagnose root causes of concerns raised in observed book behaviour

• Identify opportunities to support and optimise responsible book growth and credit risk management

Accountability: Stakeholder management

• The above tasks would require liaising with, amongst others, the following teams under the guidance of the manager of portfolio analytics:

  • Risk measurement / impairments

  • Model development

  • Acquisitions

  • Finance

  • Collections

Education and Experience Required

• Bachelor’s degree (post graduate degree preferred) in risk management, statistical analysis, actuarial science, business mathematics and informatics, econometrics or similar qualification

• 3-5 years experience in credit risk

• Knowledge & Skills:

  • Proficiency in SAS (Base, Enterprise Guide or Viya)

  • Advanced MS Excel

  • Understanding of credit risk and related statistical modelling

  • Analytical and creative problem-solving skills

  • Critical thinking

  • Learning agility

  • Good communication

  • Time management and expectation management

  • Strong work ethic

  • Intrinsically motivated

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised