Portfolio Risk Analyst - Absa Bank

Job Summary

Support the portfolio manager in defining the lending framework, determining the lending criteria and managing the portfolio for quality whilst supporting customer acquisition and/or growth initiatives from the Business.

Job Description

Risk Management and Control 40%

• Responsibility for providing Management with analytical solutions/monitoring packs and MI to manage portfolios effectively and within policy.
• Assess portfolio profitability, growth and risks on an ongoing basis
• Ensure Group reporting deadlines are adhered to
• Ensure that PD (Probability of Default) and LGD (Loss Given Default) models are understood and inputs into its development are provided or the bases of their computation are validated.
• Participate in forecasting and provide analysis required to make informed decisions
• Liaise, coordinate and provide various inputs and responses, as required, on impairments, forecasting, MI and analytics to stakeholders
• Participate, review and challenge in the working day meetings to establish month-end impairment forecasts and understand impairment drivers
• Ensure all modelling issues are proactively identified and addressed by regularly engaging with relevant stakeholders, for instance, if model inputs appear to be missing or inaccurate, this needs to be addressed and communicated to stakeholders.
• Ensure loan bookings are within the agreed lending framework and lending rules and qualifying criteria. Generate regular reports to track the same.
• Ensure consistent and timely delivery of analytics support to minimize losses and maximize profits through Trend Analysis, Impairment Analysis, Account management analysis, Profitability analysis, Stress testing, Fraud analytics, Collections strategies and loss reduction strategies

• Identify opportunities to reduce loss, and enhance revenue by building new rules & strategies, collection strategies, cross-sell, and up-sell models
• Identify new opportunities for enhancing, and streamlining services through the use of advanced analytics, automation and optimization
• Use of statistical tools and techniques such as – forecasting, segmentation, predictive analytics etc.
• Evaluate projects from a business perspective and showcase analytics value added across projects and different forums
• Ensure adherence to and compliance with governance, risk policies, procedures and compliance policies.
• Produce ad-hoc analysis reports on specific credit-related issues – this would include detailed investigations into possible problem areas within the credit risk portfolio and making appropriate remedial action recommendations to the line manager.
• Keep dispensation and policy change log.
• Produce ad-hoc analysis reports on specific credit-related issues – this would include detailed investigations into possible problem areas within the credit risk portfolio and making appropriate remedial action recommendations to the line manager.
• Actively manage and improve the portfolio quality.
• Undertake regular review of policy rules and lending criteria to understand the association with default.
• Produce regular monitoring reports on the portfolio with appropriate commentary for the line manager’s attention.
• Work with Models, Impairments & Analytics manager/officer to ensure proper forecasting of portfolio quality and the associated impairment outlook.
• Investigate and validate key impairment drivers e.g. portfolio construct, PD and LGD.
• Ensure credit scoring models and minimum score limits are fit for purpose.
• Communicate analytical results to both technical and non-technical audiences
• Develop data-driven credit risk strategies within the Credit Risk team.
• Produce a detailed report (for Retail Credit Risk as well as CRMC) on the strategy design and document possible alternative strategies and their impact on the business (i.e. champion/challenger).
• Source data from various data sources within the ABGH domain (e.g. Overall Performance and Point in time Status on Customers Account/Credit History from ebox, brains, BIW, etc.) as well as external organisations (i.e. Credit Bureaux) for portfolio analysis.
• Monitor and manage portfolio triggers and mandate & scale within the agreed limit.
• Analysis of management Information with appropriate recommendations to the Head of Credit
• Provide input into the review and development of Portfolio modelling
• Track and monitor repayment through engagement with COU and Collection & Recoveries.
• Manage change initiatives impacting the portfolio
• In collaboration with the business counterparts, develop, implement and maintain credit risk strategies to optimally manage the performance of the portfolio.
• Review and Implementation of credit policy and processes. Feed into business and credit policy development.
• Challenge pricing and profitability models to maximize value.
• Design, implement and maintain strategies for appropriate remedial action on poorly performing accounts in the portfolio.
• Actively manage the performance of the portfolio(s) within the agreed risk appetite
• Other responsibilities may be assigned to you by the line manager.

Business Management 40%

• Timely production and submission of Group related MI templates e.g GRCR, and PQR
• Communicate analytical results to both technical and non-technical audiences
• Develop data-driven credit risk strategies within the Credit Risk team.
• Produce a detailed report (for Retail Credit Risk as well as CRMC) on the strategy design and document possible alternative strategies and their impact on the business (i.e. champion/challenger).
• Source data from various data sources within the ABGH domain (e.g. Overall Performance and Point in Time Status on Customers Account/Credit History from ebox, brains, BIW, etc.) as well as external organisations (i.e. Credit Bureaux) for portfolio analysis.
• Monitor and manage portfolio triggers and mandate & scale within the agreed limit.
• Analysis of management Information with appropriate recommendations to the Head of Credit
• Provide input into the review and development of Portfolio modelling
• Track and monitor repayment through engagement with COU and Collection & Recoveries.
• Agree and be responsible for all change initiatives in the portfolio
• In collaboration with the business counterparts, develop, implement and maintain credit risk strategies to optimally manage the performance of the portfolio.
• Review and Implementation of credit policy and processes. Feed into business and credit policy development.
• Challenge pricing and profitability models to maximize value.
• Design, implement and maintain strategies for appropriate remedial action on poorly performing accounts in the portfolio.
• Actively manage the performance of the portfolio(s) within the agreed risk appetite

Staff Management 20%

• Own personal development process by ensuring that SMART objectives have been agreed with the team leader
• Ensure that performance review feedback has been given to you and agree on remedial actions with the team leader where non-performance aspects have been defined
• Communicate career plans with the team leader and ensure that proper training is provided
• Participate in team discussions such as knowledge-sharing sessions, and team-building sessions.

Education

Higher Diplomas: Business, Commerce and Management Studies (Required)