Analyst Credit Risk Cvm

2 weeks ago


Johannesburg, Gauteng, South Africa Absa Bank Limited Full time
Bring your possibility to life Define your career with us

  • With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary

Responsible for:
- optimal tracking and reporting of Risk Weighted Assets and Economic Capital to relevant Retail and Relationship Banking stakeholders
- testing data updates/impacts subsequent to any models'/strategy/Regulatory updates/changes; efficiently monitoring impacts to Risk Weighted Assets and communicating to relevant stakeholders.
- developing monitoring and tracking management information (MI) and developing reports to highlight trends to management within the Retail and Relationship Banking portfolios.
- monitoring governance as well as ensuring RDARR compliance relating to Risk Weighted Assets and Economic Capital for all Retail Business Units.

Job Description:

Accountability:
Analytics, Risk measurement and Monitoring

  • Compile and maintain monthly reporting to Retail and Relationship Banking stakeholders in order to monitor performance; relating to RWA and EC.
  • Ensure a clear understanding of the analysis of RWA and EC components and processes.
  • Analyse complex data/information from various sources e.g. SAS/Hadoop data sets, compass reporting system to make a calculated decision.
  • Liasing with relevant business units in order to ensure understanding of underlying reasons for movements in the RWA and EC i.e. portfolio specific events that cause adhoc movements.
  • Continuously identify and monitor trends and, when and where necessary, share the information with the necessary business unit.
  • Provide the Retail Business units with appropriate support to ensure improved understanding and, therefore, reporting of RWA and EC metrics.
  • Highlight and provide suggested improvements/enhancements to existing BAU reporting (within the Risk Measurement team).
  • Ensure continuous improvement in all processes carried out in the Risk Measurement (Capital) team.
  • Measure the actual figures against the relevant forecasting plan that is being reported against e.g. RAF/STP/MTP.
  • Take corrective measures on deviations from policies and procedures as identified by an auditing process.
  • Adhere to all RDARR compliance and procedural requirements on an ongoing basis.
  • Monitor and be aware of any Regulatory changes/updates.

Accountability:
Relationship and Stakeholder Management

  • Develop and maintain relations with relevant stakeholders.

Accountability:
Personal Development

  • Comply with Human Resource policies and governance by means of Employee Self-Service.
  • Ensure that an agreed personal development (PD) plan is in place to enhance own performance and development.
  • Complete all compulsory training and attestations.
  • Create a climate conducive for sustainable employee engagement, i.e. participating in the Employee opinion survey.
Education

Bachelor's Degrees and Advanced Diplomas:
Physical, Mathematical, Computer and Life Sciences (required)

  • Absa Bank Limited reserves the right not to make an appointment to the post as advertised_


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