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Old Mutual Limited (OML) is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets in 14 countries.
Job Description
If you're looking for a company that offers great culture, leadership, learning opportunities, challenges, rewards and recognition, then look no further than Old Mutual.
Who are We?
Old Mutual is a premium African financial services organisation that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 17 countries. The lines of business include Life and Savings, Property and Casualty, Asset Management and Banking and Lending.
Old Mutual Finance was established in 2008 to provide unsecured lending products and services to the SA market. The business started with a staff compliment of 34 and has since grown to over 3000 staff with more than 300 branches nationally. Within our branches we offer insurance, transactional banking and lending products as well as servicing.
Why Join Old Mutual?
Enabling our people to be their exceptional best is at the core of what we do. We are rooted in our purpose of Championing Mutually Positive Futures Every Day and believe that a great customer experience is anchored in a great employee experience.
We will provide you with a holistic experience to realise and unleash your potential.
What we Offer:
In partnership with you, we promise to challenge and help you grow in your career through a personalised development plan. We strive to create and expose our people to diverse learning opportunities through formal and informal learning. Most importantly you work in diverse teams made up of enthusiastic people who strive for excellence.
The Opportunity:
An opportunity exists within the Credit Risk team for a Junior Model Developer. The role is responsible for the development, analysis and monitoring of originations strategy. This includes profitability analysis and portfolio segmentation.
In this role, you will get to
Monitor existing originations strategy with the intention of finding opportunities to improve portfolio profitability, by:
Refining the use of scorecards and policy rules in the origination decision
Refining pricing and limit allocation to optimize volume and profitability trade offs
Identifying subsegments within the portfolio that may not perform in line with expectations and recommend an appropriate treatment
Apply sound statistical methods to forecast portfolio growth and performance at a cohort level
Produce monthly, weekly and daily reports to track portfolio movements and the impact of any strategic changes
What you will need to succeed (knowledge, skills and experience):
Degree with Stats/Math/Applied Maths/Financial Risk Management/Data Science/Engineering or related disciplines
R, SQL or Python proficiency is beneficial
There are a few questions that we would like you to complete as part of your application. Please click on the link below to access the questions, the duration of this survey is less than 5 minutes: https://forms.office.com/r/GA55xV4j6k
The time is now to find your greatness by becoming part of a company where potential is revealed and growth is inevitable.
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