Risk Analyst - Asset Based Finance at African Bank

About the job
MAIN PURPOSE OF THE JOB

• The candidate will form part of the Business Banking credit risk team. The primary focus of the role is the management of Credit Risk, which includes the calculation of Credit Risk metrics and statistics related to concentration risk and non-performance of the loan portfolio. The candidate will be required to set risk appetites, perform stress testing and risk assessments, ensure compliance with the Basel Regulations and maintain and develop frameworks as required specific to the Asset Based Finance product. The candidate should possess strong report writing capabilities and advanced Excel skills. The candidate should have a strong background in Asset Based Finance and modelling experience is advantageous.

MINIMUM EDUCATION

• Risk and Finance related qualifications

MINIMUM EXPERIENCE

• 2nd Line Risk management in banking
• Trend analysis and analytics including statistical analysis Report writing
• Financial services experience advantageous

CRITICAL COMPETENCIES

• In depth knowledge of an Asset Based Finance product offering including an adequate understanding of the portfolio management required across Lease Agreements, Rental Agreements and Instalment Sale Agreements.
• Understanding of risk management principles and practices at a level sufficient to enable knowledge sharing across the bank.
• Holistic understanding of the operations of the bank to enable effective risk management and participation in projects across the bank.
• Ad-hoc risk workshops are performed with business units to enhance effective risk management.
• Supporting regulatory reporting processes for credit risk models.
• Monitoring and validating credit risk models, ensuring compliance with Basel guidelines and regulatory standards.
• Working with stakeholders to improve model performance and compliance.

KEY PERFORMANCE INPUTS / ACTIVITIES

Risk Management - General

• Logging, investigating and monitoring of credit risk Incidents
• Incident reporting and analysis including the impact on risk profiles.
• Maintaining Risk dashboards for credit risk.
• Development, monitoring and reporting on key risk metrics and key statistics for credit risk.
• Maintaining, updating, and assessing divisional risk registers.
• Development of models and reports for the enhancement of credit risk management, monitoring and reporting.
• Policy update, maintenance and creation where required.
• Development of risk frameworks for credit risk specific to Asset Based Finance.
• Obtain an understanding of regulatory requirements and identify gaps in implementation.
• Assistance in completion of additional tasks that the Risk Management Division is or may become responsible for.
• Risk Appetite and Tolerance reporting and monitoring.
• Investigation of breaches in risk appetite and tolerance of risk metrics.

Stress Testing

• Perform monthly stress tests of the loan book.
• Incorporate available market and bank specific information into stress scenarios.
• Perform reverse stress tests on risk metrics.
• Perform a trend analysis on stress tests conducted and inform business of any significant impacts identified during stress tests.

RDARR

• Assisting with BAU RDARR management.

Reporting

• Prepare reports for Board and subcommittees. This includes risk reporting packs, returns, presentations, etc.
• Assist with preparation of SARB reporting requirements.
• Assist with the preparation of other reports where required.
• Assist in the creation and enhancement of risk reports.
• Perform assessments of system reports to identify gaps.
• Ensure new loan products are correctly included in system and manual reports.
• Assess supporting schedules received for packs for accuracy, completeness and compliance with regulations.

General

• Attendance at BASA, PASA and other industry meetings.
• Participate in PMO projects related to risk management.

New Product Approval Process

• Review of documents submitted by business to NPA.
• Reviewing and assessing risk assessments relating to the NPA.