Credit and Provisioning Analyst at Capitec Bank

Job description

Purpose of the role:

Provide support to the financial, credit and regulatory reporting functions through loan pricing, bad debt and capital requirement calculations. Key tasks include:

• Income Statement Modelling: Bad Debt Provision Model; Post Write-Off Recovery Model
• Forecasting: Bad and Doubtful Debts; Bad Debts Recovered; RGD Valuation
• Loan Pricing Models
• Regulatory Capital Requirement
• National Senior Certificate (Grade 12) or National Certificate (Vocational)
• A relevant degree in Mathematical Sciences (e.g. Statistics, Financial Risk Management or Actuarial Science) is required
• Ideally 1 year’s experience in an analytical role within dynamic, mathematically complex environments
• Knowledge and understanding of below is required:

Requirements

• Provisioning for bad and doubtful debts as per IAS39 and IFRS9
• Capital requirement as per Basel III
• Weighted average cost of capital
• Forecasting and budgeting
• Advanced statistical analysis
• Advanced financial mathematics
• Advanced numerical skills
• Computer literacy (MS Office & SQL / SAS)
• Attention to detail
• Ability to deal with complex information and requests
• Communication skills in English (written & verbal)
• Business acumen - ability to understand and work alongside the business
• Confident and enthusiastic self-starter who can take initiative
• Mature decision making
• Emotional intelligence
• Must be able to work independently as well as part of a team
• Action orientation and project management (ability to deliver to deadlines & cope well under sustained pressure)
• Ability to motivate self
• Negotiating and influencing skills
• Interpersonal and relationship management skills
• Facilitation and presentation skills
• Organisation and administration skills
• Diagnostic, analytical & problem-solving skills
• Information integration & report writing skills - responsible for collating information for reporting purposes

Resilience:

• Ability to work under pressure in a dynamic environment
• Flexibility and adaptability
• Willing and able to work extra hours, outside normal business hours as and when required, including occasional weekends
• Own reliable transport and valid driver’s licence would be a minimum requirement
• Clear credit and criminal record