Manager: Portfolio Analytics at Absa

Job Summary

To lead and manage a team of professionals, who drive the existing customer strategy, risk appetite and profitability across different product lines, segments and business units in the ABSA Retail Bank. Work with the Strategic Business Units (SBU) to ensure predictive risk and marketing techniques are established and deployed by business.
Job Description

• Work with appropriate stakeholders to develop and validate an effective business plan for existing customers that best maximises the opportunities from the Absa Consumer Banking network within an acceptable risk/reward profile.
• Ensure lending policies align with the overall Risk Management objectives and is in line with the overall Retail and Business Banking (RBB) Strategic direction.
• Ensure full interaction with Pricing and Profitability to ensure alignment between Risk Appetite, Underwriting Strategy and Pricing for existing customers.
• Understand the interaction between the macro environment and credit performance and adjust credit underwriting strategy within Risk Appetite accordingly based on macro expectations.
• Contribute (strategically) to building the vision and developing successful practices for Consumer Banking and the wider Credit Risk Management Team.
• Manage and co-ordinate the development of reporting requirements and portfolio measures for the product Risk Management team through the Absa committee structures.
• Present key credit trends and highlight recommendations and risk mitigation plans to the relevant Risk Management Head by either extracting data from within own team or consolidating data from central MI team.
• Ensure monthly Portfolio Performance Reports (with commentary) are submitted in accordance with the agreed deadlines and required standards and that all actions are addressed and feedback given in a timely manner.
• Ensure the development of more frequent MI (daily, weekly, monthly, as required).
• Oversee the quality of reports to ensure they cover performance monitoring and benchmarks.
• Support and stand in for the Head of Risk Management as and when required.
• Liaise with various internal stakeholders (e.g. Risk Management, Credit Lending, Product Head, IT and Enablement, Group Risk) to secure their respective support in the implementation of changes to the credit underwriting strategies for existing clients and also ensuring capacity exists to implement.
• Review and report strategy performance and trends to the Head: Risk Management Unsecured, Portfolio Quality Review Meeting, Retail Credit Risk Committee, Group Risk teams, and Product Teams.
• Ensure compliance with relevant Group Policies.
• Ensure that all legislative requirements are complied with (e.g. National Credit Act, Basel).
• Support relevant Audits and ensure any potential audit findings are addressed inline with committed dates.
• Ensure delivery of business goals by aligning Performance Development (PD) Plans of direct reports to the business goals.
• Instil a performance development culture through directing the PD process and adhering to the PD calendar.
• Pro-actively identify development areas of direct reports and compile development plans to address them.

Education

• Bachelor Honours Degree: BMI - Business Management and Informatics (Required)