Specialist Risk Measurement: Aro Wholesale Credit

3 weeks ago

Sandton, 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

The Specialist Risk Measurement Unit role is accountable to assist in managing the end to end Impairments reporting process, including oversight of the monthly Impairments Governance Forum and accurate reporting of impairments across Absa Regional operations (ARO) Wholesale Credit.

Manage the development and continuous enhancement of impairment and credit models monitoring, reviews and analysis within Absa Regional operations (ARO) Wholesale Credit by playing a role in the entire analytics process from implementation to the governance lifecycle. Provide mentorship and senior advisory to junior analysts within the Credit Risk Measurement team.

**Job Description**:
Key Accountabilities

Accountability: Impairments (30%)
- Support Impairments Governance Forum across ARO WHOLESALE CREDIT that includes relevant and accurate reporting
- Support ARO Wholesale Credit Risk, ARO Wholesale Credit Finance and Business stakeholders by communicating final impairment numbers on a monthly basis and answers/resolve impairment related queries.

Assist in Planning, co-ordinate and prioritise projects/initiatives within the environment and ensure regular feedback to stakeholders as well as status of projects are communicated.
- Ensure compliance to prescribed policy by liaising with policy team.
- Explain methodologies to Internal Audit and different Business Units.
- Assist Chief Credit Officer for BAGL in his oversight responsibilities through co-ordinating aggregated reporting to the extent requested to do so.
- Ensure an aligned approach (where appropriate) with other impairment areas through holding update meetings with the relevant heads.
- Generate timely and accurate impairment reporting (assisting with the provision of ARO Wholesale credit data), attending to impairment queries as and when they arise.

Accountability: Stress testing (ad hoc and annual business as usual), as well as providing assistance in relation to specialised analytics to the extent requested by stakeholders (25%)
- Liaise with the Stress Testing modelling team in an advisory capacity to ensure appropriate use of data and models to arrive at output that is suitable for intended purposes and is in line with expert judgement.
- As part of the budgeting process, assist with the compilation of base impairment forecasts, as well as stress tested figures, present such figures to sign off authorities and address any queries that may arise during the process.
- Assist with ad hoc stress testing exercises as these may be requested through the year.

Accountability: Methodology and Projects (30%)
- If requested, act as a liaison between credit and the modelling team in relation to methodology questions/ understanding requirements that may from time to time arise (particularly in relation to the UI, IFRS 9 and stress testing models).
- If requested, participate/ drive (as may be appropriate) Credit related projects. Manage Ad
- hoc queries from Credit, Finance and Business.

Accountability: Relationship & Stakeholder Management (20%)
- Liaise and engage with various internal Stakeholders (e.g. Credit Exco, REST OF AFRICA WHOLESALE CREDIT Finance, TAG & Wholesale Credit Management) to secure their respective support in the implementation of impairment strategies and also ensuring capacity exists to implement.
- Secure support from Modelling Team, MI, CRAG, Business & Finance teams to deliver accurate and robust MI and Impairments (analysis and figures).
- Review and report strategy performance and trends to the PRC committees and Wholesale

Impairment Governance Forum. This entails presenting to the applicable forums.

Accountability: Governance & Compliance (10%)
- Test and audit the model output, MI and processes and provide reports to governance committees to ensure that ARO WHOLESALE CREDIT activities and policies are compliant with the ABSA policies.
- Ensure that there is compliance with all internal policies and procedures in the team and provide coaching and feedback on how to improve compliance through the continuous review of ARO WHOLESALE CREDIT activities/strategies.

Education

Bachelors Degree and Professional Qualifications: Accounting, Bachelors Degree and Professional Qualifications: Actuarial Science, Bachelors Degree and Professional Qualifications: Banking, Bachelors Degree and Professional Qualifications: Mathematics, Bachelors Degree and Professional Qualifications: Risk Management and Financial Risk Management
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_

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