Credit Risk Analyst at Absa

Job Summary

Join the Home Loans Risk team within Absa RBB where you will be responsible for credit risk model building, strategy development and analytics i.e responsible for developing, monitoring and tracking management information (MI) of strategies and developing reports to highlight trends to management within the Home Loans Portfolio.

Job Description

Key accountabilities of the role include:

• Design and development of data driven strategies within the Home Loans Risk team across Acquisitions, Pricing, Profitability, Portfolio Management, Collections and/or Recoveries areas.
• Sourcing, consolidating and analyzing large data sets, utilizing strong SAS skills and identifying anomalies/trends.
• Liaising with relevant stakeholders, including IT, Operations, Finance and other Risk teams
• Identifying gaps in Acquisitions, Pricing, Profitability, Portfolio Management and Collections & Recoveries processes and strategies and providing solutions to closing the gaps/streamlining processes
• Presentation of analytical results and proposals to both technical and non-technical audiences, providing commentary as required
• In addition, responsible for developing monitoring and tracking management information (MI) of strategies and developing reports to highlight trends to management within the Portfolio.
• Your ability to “hit the ground running”, strategic risk experience as well as solid SAS/Data Analytics skills will serve you well in this role. A strong quantitative, stats and/or actuarial background with a track record of running with an entire project from conceptualization, to extraction of data, to formulating strategies and subsequent impacts of implementation through to excellent stakeholder engagement and management will be an added advantage.

Education and Experience:

• B Degree in Mathematics/Statistics or Risk Management
• 2-5 years’ experience in data analysis, utilising a standard statistical package such as SAS working with large data sets
• 2-5 years Credit Risk experience
• Advanced computer literacy especially the Microsoft Office suite of programs
• Experience in model building (application/behavioral/collections scorecard)

Knowledge & Skills:

• SAS Programming
• A strong understanding of key credit risk metrics
• Project Management experience an advantage
• User Acceptance Testing
• Knowledge of System Development Life Cycle (SDLC) which will assist in cases where systems/processes may be impacted

Competencies:

• Entrepreneurial and commercial thinking
• Deciding and initiating action
• Ability to translate technical analyses into operational processes or strategies
• Persuading and influencing
• Adapting and responding to change
• Applying technological expertise

Benefits:

• In return Absa offers a range of benefits which include:
• An awesome employee value proposition
• Preferential rates across the different banking products
• Additional career prospects within the business i.e. career growth and development

Education

• Bachelor`s Degrees and Advanced Diplomas: Statistics (Required)