Specialist: Credit Profit Optimisation (Budgeting) at Capitec Bank

Purpose Statement

To provide subject matter expertise towards enhancing credit profit optimisation through:  

• Providing the Retail Banking division with a robust and relevant term loan sales forecast to maintain growth, profitability and the achievement of operational objectives.
• Influencing operational staff incentives in line with forecasts.
• Providing inter-departmental support to the Retail banking division reliant on components supporting the sales forecasting process e.g. Market share analysis, scenario impact analysis, operational capacity planning support, marketing, etc. 

Experience

MINIMUM:

At least 3 years working experience in a Financial / Retail / Banking environment, of which:

• At least 1-3 years’ experience in credit risk analytics in a financial or retail environment with experience in facilities and term loan products
• Proven experience in developing forecast / budget models
• Intermediate knowledge of SQL
• Proven experience of translating analytical insights to forecast models change drivers

IDEAL:

• 3+ years’ experience in credit risk analytics in retail banking.
• Experience in retail credit pricing and budgeting modelling.
• Experience in retail credit granting/origination.

Qualifications (Minimum)

• Bachelor's Degree in Finance or Accounting - Management Accounting

Qualifications (Ideal or Preferred)

• A relevant post-graduate qualification in Finance or Accounting - Management Accounting

Knowledge

MINIMUM:

• Financial and business acumen
• Credit product profitability
• Advanced trend & statistical analysis
• Retail Credit Environment and credit life cycle

IDEAL:

• Knowledge of Capitec’s Credit Policy (or credit methodologies in a Financial Services organisation)
• Credit industry knowledge
• Knowledge of data structures and systems
• Analytical experience across the credit life cycle
• Credit origination systems and processes
• Strong data skills and basic understanding of selected programming languages (SQL)
• Knowledge around the alignment of strategic objectives to forecasting requirements

Skills

• Analytical Skills
• Attention to Detail
• Communications Skills
• Computer Literacy (MS Word, MS Excel, MS Outlook)
• Presentation Skills

Conditions of Employment

• Clear criminal and credit record