Home Loans Head of Value Management

3 weeks ago

Johannesburg, 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 Home Loans Head of Value Management is responsible for overseeing and managing the value management function within a Home Loans Business Unit.

This role involves analyzing the profitability, and risk associated with home loans products and portfolios. The Home Loans Head of Value Management plays a critical role in optimizing the value of the home loans business by identifying opportunities for growth, improving profitability, setting the risk appetite, developing pricing strategies, monitoring risk and implementing other action to manage the overall performance of the business.

As a member of the Home Loans executive committee (ExCo) this role is a senior member of the Home Loans executive management team.

**Job Description**:
Key Responsibilities:
Value Management Strategy:

- Develop and execute the value management strategy / financial plan for the home loans business, aligning it with the overall objectives and goals of the business unit.
- Conduct comprehensive analysis of the home loans portfolio to identify areas for improvement, growth opportunities, and risk mitigation strategies.
- Develop pricing strategies the ensures that business meets its strategic, finical and risk appetite aspirations.
- Collaborate with key stakeholders, including sales, risk management; finance, and product teams, to develop and implement value-enhancing initiatives.

Portfolio Performance Monitoring:

- Monitor the performance of the home loans portfolio, tracking key performance indicators (KPIs), such as pricing, margin, balance sheet growth, capital utilization, delinquency rates, default rates, and prepayment rates.
- Conduct regular portfolio reviews to assess the quality of assets, identify trends, and recommend actions to mitigate risks and enhance performance.
- Utilize data analytics and reporting tools to generate insights and actionable recommendations for portfolio optimization.
- Create mandates structure for price appeals and large transaction overrides

Profitability Analysis:

- Analyze the profitability of home loans business and portfolios, assessing revenue generation, capital utilization, costs, and associated risks.
- Identify opportunities for revenue enhancement, risk reduction, cost optimization, and process efficiencies to improve overall profitability.

Risk Management:

- Assess and monitor risks associated with the home loans portfolio, including credit risk, interest rate risk, and market risk.
- Develop the risk appetite and portfolio diversification to maintain a balanced risk profile
- Challenge underwriting standards in order to improve profitability and sustainability.
- Collaborate with the risk management team to develop risk mitigation strategies and ensure compliance with internal policies and regulatory requirements.

Business Planning and Forecasting:

- Contribute to the development of the annual business plan and budget for the home loans department, providing insights and recommendations based on value management analysis.
- Forecast and monitor key financial metrics, such as loan volumes, capital utilization, loan margins and profitability to support strategic decision-making.
- Challenge forecasting of credit losses against trends and economic outlook.
- Conduct sensitivity analysis and scenario planning to assess the impact of external factors, market conditions, and regulatory changes on the home loans business.
- Collaborate and challenge the risk management team to run required stress testing.

Financial modeling
- Develop and maintain financial models to evaluate pricing strategies, product profitability, and return on investment (ROI).
- Develop and maintain acquisition scorecards strategies, product profitability, and return on investment (ROI).
- Develop and maintain financial models to forecast key financial metrics, such as loan volumes, capital utilization, loan margins and profitability to support strategic decision-making.
- Develop and maintain other financial models used in decisions making.
- Challenge the appropriateness and development of capital and impairment models.

Exco responsibilities include:

- Strategic Leadership
- Decision Making
- Stakeholder Management
- Team Collaboration
- Change Management
- Ethical Standards
- Business Unit Engagement

Qualifications:
Bachelor's degree in finance, statistics, economics, business administration, or a related field. A Master's degree is a plus.

Proven experience in value management, financial analysis, and portfolio optimization within the home loans or mortgage industry.

In-depth knowledge of home loans products, pricing models, profitability analysis

  • Home Loans Sales Consultant

    4 weeks ago

    Johannesburg, South Africa Sapientis South Africa Full time

    We are seeking a motivated and results-driven Home Loans Sales Consultant to join our cleint’s dynamic team. As a Home Loans Sales Consultant, you will be responsible for promoting and selling home loan products to potential customers. Your primary focus will be on identifying client needs, providing personalized guidance, and assisting them in securing...

  • Head: Syndicated Loan Agency Services

    3 days ago

    Johannesburg, South Africa Nedbank Full time

    **Closing Date** - 21 May 2024**Job Purpose** - The Head of Syndicated Loan Agency oversees and manages the Agency function responsible for coordinate syndicated loan transactions, acting as a liaison between borrowers and financial institutions, including supporting related systems and processes. This role is performed by the Lending Middle Office on behalf...

  • Head: Syndicated Loan Agency Services

    2 days ago

    Johannesburg, South Africa Nedbank Full time

    Closing Date 21 May 2024Job PurposeThe Head of Syndicated Loan Agency oversees and manages the Agency function responsible for coordinate syndicated loan transactions, acting as a liaison between borrowers and financial institutions, including supporting related systems and processes. This role is performed by the Lending Middle Office on behalf of the...

  • Head: Syndicated Loan Agency Services

    3 days ago

    Johannesburg, South Africa Nedbank Full time

    Closing Date  21 May 2024 Job Purpose The Head of Syndicated Loan Agency oversees and manages the Agency function responsible for coordinate syndicated loan transactions, acting as a liaison between borrowers and financial institutions, including supporting related systems and processes. This role is performed by the Lending Middle Office on behalf of the...

  • Store Manager

    4 weeks ago

    Johannesburg, South Africa TFG Home Division Full time

    Position Description:I am @home. Are you?  We are currently recruiting for a Store Manager.Must...Love people,Making people feel at home,Believe in the art of possibility Have a can-do attitude. We aim to inspire and develop leaders. Let’s connect.   @home, where retail meets hospitality As a Leader, you will be required to deliver exceptional guest...

  • Loans Manager

    4 weeks ago

    Johannesburg, South Africa Isilumko Staffing Full time

    We are seeking a dedicated and highly skilled Loans Manager to oversee a diverse range of vanilla and structured financial deals. In this role, you will be responsible for providing expert guidance, support, and oversight for all new deals, ensuring efficient processes, procedures, and systems. Your role is crucial in identifying trends and opportunities for...

  • Loans Manager

    4 weeks ago

    Johannesburg, South Africa Isilumko Staffing Full time

    Job Description:We are seeking a dedicated and highly skilled Loans Manager to oversee a diverse range of vanilla and structured financial deals. In this role, you will be responsible for providing expert guidance, support, and oversight for all new deals, ensuring efficient processes, procedures, and systems. Your role is crucial in identifying trends and...

  • Loans Administrator

    4 weeks ago

    Johannesburg, South Africa Isilumko Staffing Full time

    A top bank in looking for a Loans Administrator to join their operations division on a 3-MONTH contract. **Purpose** To manage a portfolio of confirmations and structured deals, providing oversight, support, and guidance for new deals while ensuring process improvement. **Key Responsibilities** - Address queries related to P&L, Margin, etc. from Product...

  • Manager: Strategic Planning and Implementation

    7 days ago

    Johannesburg, 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...

  • Homeware Manager

    4 weeks ago

    Johannesburg, South Africa TFG Home Division Full time

    Position Description:I am @home. Are you?  We are currently recruiting for a Homeware Manager.Must...Love people,Making people feel at home,Believe in the art of possibility Have a can-do attitude. We aim to inspire and develop leaders. Let’s connect.   @home, where retail meets hospitality As a Leader, you will be required to deliver exceptional...

  • Assistant Store Manager

    4 weeks ago

    Johannesburg, South Africa TFG Home Division Full time

    Position Description:With a vision to be the leading fashion lifestyle retailer in Africa, The Foschini Group (TFG) consists of 29 stylish local and international retail brands. We are an innovative force with a passion for retail.The @Home Division is the leading choice for quality Homeware and Furniture products in South Africa, with stores located in...

  • Loans Administrator

    4 weeks ago

    Johannesburg, South Africa Isilumko Staffing Full time

    A top bank in looking for a Loans Administrator to join their operations division on a 3-MONTH contract.PurposeTo manage a portfolio of confirmations and structured deals, providing oversight, support, and guidance for new deals while ensuring process improvement.Key ResponsibilitiesAddress queries related to P&L, Margin, etc. from Product Control/finance to...

  • Head of School

    7 days ago

    Johannesburg, South Africa University of the Witwatersrand Full time

    -Applications are invited for the Headship of the School of Oral Health Sciences, one of seven Schools in the Faculty of Health Sciences, at the University of the Witwatersrand, Johannesburg South Africa. The School of Oral Health Sciences comprises several academic units, namely, Community Dentistry, General Dental Practice, Maxillo-Facial & Oral Surgery,...

  • Academic Head of Division

    4 weeks ago

    Johannesburg, South Africa University of the Witwatersrand Full time

    - **Qualifications**: - A medical qualification, registerable with the HPCSA as a specialist - At least 5 years' experience as a Paediatric Gastroenterologist, - At least 5 years’ experience at mid-management level, - Appropriate teaching and research experience are essential requirements for the position, whereas a PhD would be advantageous. - The...

  • Stockroom Controller

    4 weeks ago

    Johannesburg, South Africa TFG Home Division Full time

    Position Description: I am @home. Are you?  We are currently bringing people into our home. Must... Love people Making people feel at home Believe in the art of possibility Have a can-do attitude We aim to inspire and develop careers. Let’s connect. @home, where retail meets hospitality If you enjoy connecting with people and supporting the team...

  • Academic Head of Division endocrinology

    3 days ago

    Johannesburg, South Africa University of the Witwatersrand Full time

    **Qualifications**: - A medical qualification, registerable with the HPCSA as a specialist - At least five years of experience as an Endocrinologist, - At least five years of experience at the mid-management level, - Appropriate teaching and research experience are essential requirements for the position, whereas a PhD would be advantageous. - The applicant...

  • Loans Admin Manager

    4 weeks ago

    Johannesburg, South Africa Isilumko Staffing Full time

    One of the TOP banks in S.A. is currently looking to fill a 4-month maternity fill role for a Loans Admin Manager in JHB. **Responsibilities**: Recording transaction on the financial systems in the bank Checking financial entries in multiple systems Confirmation and settlement processing OTC processing **Portfolio management**: structured deals Review...

  • Loan Set Controller

    2 weeks ago

    Johannesburg, South Africa Smith+Nephew Full time

    Loan Set Controller – Gauteng Life Unlimited. At Smith+Nephew, we design and manufacture technology that takes the limits off living. We believe that through innovation, development and supporting our customers and patients we can help others achieve a Life Unlimited! Our products are in 100 countries globally, and supporting this takes a huge...

  • Head of Division

    7 days ago

    Johannesburg, South Africa University of the Witwatersrand Full time

    **Qualifications**: - A medical qualification appropriate for a professorial appointment, preferable a sub-specialty of Reproductive Medicine - Research experience, and possession of a PhD would be advantageous but are not essential, - The applicant must have demonstrated well developed proven communication, organizational, problem solving, leadership and...

  • Channel Sales Manager Financial Services- Illovo.

    4 weeks ago

    Johannesburg, South Africa People Source Full time

    Channel Sales Manager Financial Services- Illovo. Exciting newly created role within highly successful financial services group seeking to double their business in Africa. They require a highly motivated Sales specialist with a bachelors degree in finance, Marketing or Business with 6 to 7 years of experience in channel management, product development or...