Senior Credit Risk Analyst at FinChoice Africa

Job description

The ideal candidate for this role will be responsible for making strategic credit risk decisions and requires you to perform both a strategic and analytical role by analyzing credit risk data and ensuring that there are strategies in place to enhance the financial services profitability.

Key Performance Areas (KPAs)

Acquisition responsibilities

• Actively review and change credit strategy, with specific attention to:
• Reviewing credit rules and scorecards to ensure pass rates are optimal
• Review credit results and recommend changes to ensure they are in line with business risk expectations
• Monitor and implement credit scoring
• Statistical modeling and SQL data extraction
• Ensure the compliance of credit legislation are met
• Review and recommend updates to the risk strategy for both new and existing business
• Prepare and present a detailed monthly report on the status of the credit portfolio
• Work closely with the credit operations teams to ensure that the best results are obtained
• Be responsible for various forecast models that show the various impacts of strategic credit decisions
• Mentor and train junior team members and ensure that they have a career plan
• Be able to lead and assist in credit-related analysis

Fraud responsibilities

• Review fraud reports and recommend changes to ensure the levels of fraud is contained
• Actively review and change fraud strategy
• Monitor and implement fraud scoring and other tools
• Statistical modeling and SQL data extraction
• Ensure the compliance of credit legislation are met
• Review and recommend updates to the fraud strategy for both new and existing business
• Prepare and present a detailed monthly report on the status of the non-paying accounts
• Work closely with the fraud operations teams to ensure that the best results are obtained
• Be responsible for monitoring fraud systems and ensure controls are in place
• Mentor and train junior team members and ensure that they have a career plan
• Be able to lead and assist in fraud related analysis

Requirements

Qualifications & Accreditations

A numerate degree e.g. BCom, B Bus Sci, B Eng, BSc

Experience & Skills

• A minimum of 5 – 8 years' experience in credit risk
• Previous experience managing / mentoring a team
• The ability to integrate and interpret numerical and statistical information
• Experience in building scorecards will be advantageous
• SQL skills will be an added advantage
• Advanced computer literacy skills with a high proficiency in MS Excel

Attributes & Behaviors

• Excellent interpersonal communication, assertiveness and judgment skills
• Be able to communicate effectively with senior management and directors
• Strong planning, organizing and coordinating skills
• Performance-driven and results-orientated with a relentless drive to succeed
• The ability to prioritize and multi-task within a fast-paced and pressurized environment
• Exceptional attention to detail with a thorough approach to work
• A strong can-do attitude and an energetic positive approach
• A solid work ethic and a passion for digital financial services