Jobs Career Advice Signup
X

Send this job to a friend

X

Did you notice an error or suspect this job is scam? Tell us.

  • Posted: Jan 13, 2025
    Deadline: Not specified
    • @gmail.com
    • @yahoo.com
    • @outlook.com
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    Africa's largest Mutual Assurance Society providing a one-stop funeral insurance and burial service solution.


    Read more about this company

     

    Credit Risk Specialist (Centurion)

    Description
    Model Development and Validation

    • Develop, refine and implement credit risk models, including Probability of Default (PD), Loss Given Default (LGD) and Exposure at Default (EAD) for approval by management
    • Validate and back-test models to ensure accuracy and compliance with the relevant regulatory standards e.g. IFRS 9.
    • Perform stress testing and scenario analysis to assess model performance under different economic conditions and report outcome to management.

    Data Analytics

    • Identify trends and correlations in credit risk factors such as default rates and share output with management.
    • Collaborate with the Data team to ensure quality and completeness of large data to use in the models

    Model Performance Monitoring and Optimisation

    • Periodically recalibrate models based on new data or shifts in economic conditions
    • Leverage technology to enhance predictive accuracy where appropriate

    Risk Assessment

    • Analyse credit portfolio to identify high-risk segments and concentrations for management to make decisions based on the outcome of the analysis.
    • Use advanced analytics tools like SAS or Python to monitor credit exposures and forecast performance
    • Monitor the credit risk limits and approval risks aligned to the business objectives
    • Recommend risk mitigation strategies such as adjusting credit limits or pricing model for management to consider
    • Monitor credit approval exceptions and recommend process improvements
    • Under the guidance of Credit and Operations Manager assist with the development and implementation of risk management strategies to mitigate identified risks.
    • Conduct regular risk assessments and prepare detailed reports on findings which should be shared with the Credit and Operations Manager.
    • Analyze and improve business processes to reduce risk and enhance operational efficiency.
    • Develop and maintain a comprehensive record of risk management activities, including data flow diagrams and risk assessments.
    • Review that the credit portfolio is well-diversified to mitigate the risk of high exposure to any single borrower, industry, or geographical area.
    • Leverage technological advancements and data analytics to improve credit assessments and operational efficiencies.
    • Provide input into the credit models enhancements to mitigate identified risks.
    • Identify, evaluate, and monitor financial, operational, and regulatory risks.
    • Assess the credit controls are aligned to business objectives and make recommendations for improvement to the Credit and operations manager.

    Regulatory Compliance and Reporting

    • Ensure all credit risk models meet regulatory requirements (e,g, IFRS 9).
    • Prepare detailed risk reports for management.

    Fraud Prevention and Mitigation

    • Identify key fraud prevention mechanisms applicable to the lending and savings products.
    • Implement and oversee anti-fraud measures to protect the company and its clients from fraudulent activities.
    • Refer to Forensics department for investigations of suspected fraudulent activities in the operations -for appropriate action to be taken by the Forensics department.
    • Give input to the Training department to educate staff on fraud identification of suspected fraudulent activities .

    Stakeholder Engagement

    • Build relationships with internal and external stakeholders to ensure a coordinated approach to risk management.
    • Provide regular risk updates and reports to senior management and relevant stakeholders.
    • Engage with internal auditors and regulatory inspectors as required.

    Training and Education

    • Conduct training sessions for staff on risk management best practices and regulatory compliance.
    • Provide ongoing education and support to staff to foster a risk-aware culture within the organisation.

    Requirements
    Minimum Qualification

    • Bachelor's degree in Finance, Business, Economics, Risk Management, or related field. A postgraduate qualification in risk management or a related discipline is an advantage.
    • Minimum of 3 to 5 years of experience in risk management, preferably within the financial services with micro-lending sector and/or saving and investment focus being advantageous.
    • Professional certifications such as Certified Risk Management Professional (CRMP), Certified
    • Information Systems Auditor (CISA), or similar are preferred.

    Knowledge and Experience

    • Technical expertise in credit risk models.
    • Advanced analytical and statistical skills.
    • Advanced analytics tools usage, like SAS or Python.
    • Regulatory knowledge (IFRS 9 and Basel).
    • Experience in dealing with regulatory bodies like the SARB, NCR, PA.
    • Familiarity with the microfinance sector and its unique risks.
    • Familiarity with investment sector highly beneficial.
    • Previous experience in managing a team or leading risk management projects.
    • Proficiency in MS Office and compliance management software.

    go to method of application »

    Funeral Undertaker (Pretoria Preparation Centre) (Pretoria)

    Description

    • The above mentioned position exists within the Northern Provincial Area at the Pretoria Preparation Centre in Pretoria West. The incumbent will be exposed to the funeral environment and will be required to conduct funerals and cremations.

    RESPONSIBILITIES  INCLUDE:

    • Conduct funerals and cremations
    • Preparation and care of the remains of the deceased
    • Responsible for quality and condition of funeral equipment
    • Execute mortuary operations
    • Coffining and Embalming
    • Maintain funeral records
    • Maintenance of the fleet
    • Keeping the mortuary in hygienic order
    • Assist with preparations and repatriation of bodies for out-state-burials
    • Prepare the deceased for viewing and assist with all collections of deceased
    • Take care of all equipment
    • Maintain Image and Client Service

    Requirements
    QUALIFICATIONS  REQUIRED  FOR  THE  POSITION:

    • Grade 12
    • Valid drivers’ license with PDP

    EXPERIENCE  REQUIRED  FOR  THE  POSITION:

    • 2 – 3 Years functional experience in the Funeral Industry
    • Execution of Funerals

    go to method of application »

    District Manager: Whiteriver (White River)

    Description

    • Recruit  high  quality  representatives  timeously  and  accurately
    • Ensure  that  appointed  representatives  are  adequately  trained
    • Manage  a  team  of   insurance  representatives  optimally
    • Ensure  that  the  set  insurance  sales  targets  are  reached
    • Ensure  and  monitor  compliance  with  respect  to  FAIS/FICA/LTIA  and  all  other  relevant  legislation
    • Risk  management
    • Develop  and  expand  markets

    Requirements

    • Grade  12
    • A  suitable  industry  entry  qualification  within  the  requirements  of  the  FSCA
    • Comply with FAIS legislation for registration as Fit and Proper individuals:
    • Applicants who entered the industry as follows:
    • From years 2004 – 2007 requires 30 credits on NQF 4 obtained by 31 December 2009.
    • From years 2008 - 2009 requires 30 credits or 60 credits on NQF 4 obtained by 31 December 2011 or full FAIS recognised qualification obtained by 31 December 2013
    • All those appointed in the industry from the year 2010 onwards require a full FAIS recognised qualification
    • Clear ITC
    • Clear criminal record
    • RE5  certificate
    • RE1  will  be  an  advantage
    • Drivers’  license,  own  reliable  transport  and  cell  phone
    • Proven  success  in  the  Marketing  of  Life  Assurance  for  at  least  three  years

    go to method of application »

    Financial Associate (Montana) (Limpopo)

    Description

    • Marketing of Funeral Insurance, Savings Plans and related products
    • Recruit funerals for the Funeral Division

    Requirements

    • Matric (Grade 12) and/ or tertiary education with 30 credits on NQF level 4
    • Comply with FAIS legislation for registration as Fit and Proper individuals:
    • Applicants who entered the industry as follows:
    • From years 2004 – 2007 requires 30 credits on NQF 4 obtained by 31 December 2009.
    • From years 2008 - 2009 requires 30 credits or 60 credits on NQF 4 obtained by 31 December 2011 or full FAIS recognised qualification obtained by 31 December 2013
    • All those appointed in the industry from the year 2010 onwards require a full FAIS recognized  qualification
    • Clear ITC credit record
    • Clear criminal record
    • RE 5 will be an advantage
    • Marketing experience

    go to method of application »

    District Managers: Tembisa x2 (Midrand)

    Description

    • Recruit  high  quality  representatives  timeously  and  accurately
    • Ensure  that  appointed  representatives  are  adequately  trained
    • Manage  a  team  of   insurance  representatives  optimally
    • Ensure  that  the  set  insurance  sales  targets  are  reached
    • Ensure  and  monitor  compliance  with  respect  to  FAIS/FICA/LTIA  and  all  other  relevant  legislation
    • Risk  management
    • Develop  and  expand  markets

    Requirements

    • Grade  12
    • A  suitable  industry  entry  qualification  within  the  requirements  of  the  FSCA
    • Comply with FAIS legislation for registration as Fit and Proper individuals:
    • Applicants who entered the industry as follows:
    • From years 2004 – 2007 requires 30 credits on NQF 4 obtained by 31 December 2009.
    • From years 2008 - 2009 requires 30 credits or 60 credits on NQF 4 obtained by 31 December 2011 or full FAIS recognised qualification obtained by 31 December 2013
    • All those appointed in the industry from the year 2010 onwards require a full FAIS recognised qualification
    • Clear ITC
    • Clear criminal record
    • RE5  certificate
    • RE1  will  be  an  advantage
    • Drivers’  license,  own  reliable  transport  and  cell  phone
    • Proven  success  in  the  Marketing  of  Life  Assurance  for  at  least  three  years

    Method of Application

    Build your CV for free. Download in different templates.

  • Send your application

    View All Vacancies at AVBOB South Africa Back To Home

Subscribe to Job Alert

 

Join our happy subscribers

 
 
Send your application through

GmailGmail YahoomailYahoomail