Executive Unsecured Credit Analytics

2 weeks ago

Johannesburg, South Africa Nedbank Full time

**Job Requisition Details**
- REQ#133696- Location: Sandton, Johannesburg- Closing Date: 19 May 2024- Talent Acquisition: Bongiwe Mchunu- Job Family- Investment Banking
- Career Stream- Quantitative
- Leadership Pipeline- Manage Function
- FAIS Affected**Job Purpose**
- The Executive Unsecured Credit Analytics oversees the technical risk management policies and the pricing and profitability models for personal loans, overdrafts, and credit cards. This role ensures that the unsecured products in the Consumer Banking cluster within RBB (Retail and Business Banking), are actively managed from a credit risk perspective, balancing the bank’s aspirations for risk, growth, and profitability. The executive will lead a team of quantitative analysts responsible for credit risk analytics, credit policy, pricing and profitability and monthly reporting on new business performance including approval rates, exposure granted and new vintage risk & profitability.- The role will report directly to the Executive Head of VA and pricing in RBB's CVM function. Specific experience managing credit risk in unsecured lending products (Personal loans, Overdrafts, or Credit Cards) is preferred.**Responsibilities**:

- The team's core objective is to manage credit risk and margin within the constraint of each product's cost base to ensure growth aspirations are achieved through appropriate risk-taking, thereby achieving desired headline earnings and ROE targets as set by group and cluster strategy.
- Credit policy management;
- Business Rules informed through quantitative analytics
- Setting marginal risk thresholds to ensure appropriate risk-taking with the ability to absorb fixed cost and add to portfolio profitability
- Affordability assessment including NCA and risk-based practices
- Offer parameters including maximum limits, loan sizes & terms (personal loans)
- Risk-based pricing and fees to meet profitability targets through the development and maintenance of NPV (Net Present Value) and portfolio profitability models
- Explorative analytics and data-driven insights.
- Meet business/function objectives by managing progress against the strategic goals the cluster has committed to against 3-year plans. To inform business strategy and policy, provide insights regarding trends and the impact of the external environment and regulations.
- Take responsibility for developing, validating, and maintaining models, frameworks, and methodologies by creating a conducive environment.
- Monitor external information by researching, analysing, and reporting. Scope; manage and deliver on ad hoc projects by allocating individual resources within set parameters and setting expectations.
- Ensure the portfolio remains within risk appetite limits by managing and/or monitoring and reporting on risk every month. Manage risk by adhering to internal and external compliance and governance policies.
- Continuously enhance quality by reviewing and improving processes, systems, and workflows.
- Build relationships with stakeholders by networking through targeted and informal interactions and consistently delivering quality output to build trust.
- Communicate the team's output to relevant committees/forums to facilitate improved risk measurement and management.
- Engage and manage external stakeholders when required to meet business/function requirements.
- Job Responsibilities Continued- Develop and introduce a people strategy to create a culture that drives the Cluster and Nedbank's vision and values. Manage resources and retain critical staff to build a high-performance team.
- Ensure that the division/function has embraced the leadership agenda by communicating and implementing leadership-relevant strategies and plans with direct reports.
- Manage the performance of reports and hold them accountable for managing the performance of their reports by taking corrective action as required, recognising and rewarding the team.
- Actively build a culture of improvement by ensuring the design and implementation of active talent management and succession planning strategies for divisions/functions and obtaining buy-in from relevant stakeholders.
- Empower the team to make decisions and recommend tailored solutions through coaching and mentoring practices.
- Focus on self-development through coaching and seminars.
- Develop and implement a differentiated culture strategy by analysing relevant surveys and information.
- Measure the effectiveness of differentiated culture plans through staff and client feedback and ensure corrective action plans are developed and implemented.
- Optimize costs by developing and managing the Quants budget.
- Inform business decisions (directly/indirectly) by consolidating; analysing; interpreting and making recommendations based on findings from various projects.
- Essential Qualifications - NQF Level- Matric / Grade 12 / National Senior Certificate
- Professional Qualifications/Honour’s Degree
- Preferred Qualification- Relevant Ma

  • Credit Risk Manager #fulllifecycle #handson

    1 month ago

    Johannesburg, South Africa Recruiter Ruth | Performability Recruitment Full time

    Do you take a** hands-on** approach as a **Credit Risk Manager**? Are you that individual who **puts their ego aside** and gets stuck in, collaborating with your team to **deliver results together**? Your experience is top-notch and it's **important to you that your work has purpose** and **makes an impact for good**... Keen to** broaden your skills **by...

  • Credit Analyst

    1 month ago

    Johannesburg North, South Africa K Square Recruitment Group Full time

    The successful incumbent will have a mix of Property Specialist experience and a Personal Homeloans Credit Analyst and control background. **Duties (will include but not limited to)**: - Ensure that procedures and decisions comply with credit policy and best practice standards. Motivate and support decisions through the analysis of financial information...

  • Credit Portfolio Manager

    7 days ago

    Johannesburg, South Africa Job Crystal Full time

    Job Title: Credit Portfolio Manager Area: Johannesburg, GP A digital bank with a strong entrepreneurial identity and a high-performance culture is looking for a Credit Portfolio Manager to play a pivotal role in assessing, analysing, and mitigating credit risks within the company's portfolio of lending products. They will gain experience across multiple...

  • Officer Credit Specialist Crdt Lending

    4 days ago

    Johannesburg, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - 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 To...

  • Credit Analytics

    1 month ago

    Johannesburg, South Africa Top Talent Professional Services Full time

    JOB PURPOSEThe Credit Analytics and Modeling Manager is a modeling expert that apply a credit risk background in the telecommunications industry, mainly on the postpaid contracts. The role requires a good understanding of credit risk, out of the box thinking and analyzing large quantities of data in order to positively affect profitability and credit losses....

  • Credit Analytics

    3 weeks ago

    Johannesburg, South Africa Top Talent Professional Services Full time

    JOB PURPOSE The Credit Analytics and Modeling Manager is a modeling expert that apply a credit risk background in the telecommunications industry, mainly on the postpaid contracts. The role requires a good understanding of credit risk, out of the box thinking and analyzing large quantities of data in order to positively affect profitability and credit...

  • Senior Manager: Credit Innovation

    1 week ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Contact** - REQ 125000 - Twanette Coetser- Closing Date - 19 April 2023- Cluster & Location- Total Business Banking and Retail - CVM - Systems and Integrate- 135 Rivonia Road, Sandton - Gauteng- Career Stream- Project, Process and Product- Leadership Pipeline- Manage of Managers**Senior Manager: Credit...

  • Senior Data Analytics and Credit Risk Manager

    1 month ago

    Johannesburg, South Africa The Corporate Circle Full time

    Senior Data Analytics and Credit Risk Manager. R1.5million pa. Relevant Degree. Proven background of success in the credit risk and data analytics environment. Possess a blend of technical acumen, industry knowledge and ability to navigate complexities of credit risk management in a fast paced environment. Strong proficiency on SAS, SQL and Advanced...

  • Senior Data Analytics and Credit Risk Manager

    3 weeks ago

    Johannesburg, South Africa The Corporate Circle Full time

    Senior Data Analytics and Credit Risk Manager . R1.5million pa. Relevant Degree. Proven background of success in the credit risk and data analytics environment. Possess a blend of technical acumen, industry knowledge and ability to navigate complexities of credit risk management in a fast paced environment. Strong proficiency on SAS, SQL and Advanced...

  • Chartered Accountant

    1 month ago

    Johannesburg, South Africa Edge Executive Search Full time

    CHARTERED ACCOUNTANT (EXECUTIVE ASSISTANT) - 2023-02-20 - 2023-02-28 - Permanent - Tea000011 - Finance- Gauteng, JHB - Northern Suburbs - Annually Cost To Company (Standard Corporate Benefits & Incentives, Market related, Negotiable)**CHARTERED ACCOUNTANT** **Remuneration**: Market related salary, with company benefits **Background**: My Client focuses...

  • Data Scientist Iii

    1 month ago

    Johannesburg, South Africa FirstRand Full time

    About us, purpose, experience and qualifications **about us**: **purpose**: - To plan, build, optimise and implement innovative quantitative analytical methodologies, procedures, products and advanced mathematical models that provide analytical support and interpret insights, using advanced analytics technologies, to address business opportunities and...

  • Specialised Operations Executive

    3 weeks ago

    Johannesburg, South Africa Nimble Credit Solutions Full time

    Reporting to: Head of Specialised Recoveries Location: Johannesburg, Sandton ABOUT US Nimble Group is a specialist financial services firm that provides credit management solutions to established credit grantors across the banking, retailer, and service-providing industries. Culture-wise, we are looking for someone who will contribute to our nimble...

  • Senior Manager: Margin Analytics

    4 weeks ago

    Johannesburg, South Africa Nedbank Full time

    Job Family- Risk, Audit and Compliance - Career Stream- Enterprise Wide Risk Management - Leadership Pipeline- Manage Managers **Job Purpose** - The Margin Analytics function plays an important role in Nedbank in terms of unpacking the Group and cluster-level net interest income (NII), interest earning assets (IEA) and net interest margin (NIM). The Senior...

  • Senior Specialist: Data Integration

    1 week ago

    Johannesburg, South Africa Adzuna ZA B C2 Full time

    JOB DESCRIPTION: Job Title: Senior Specialist: Data Integration & Operational AnalyticsJob Type: PermanentJob Industry: TelecommunicationsLocation: Johannesburg CORE PURPOSE OF THE JOB:The core purpose of the Senior Specialist: Data Integration & Operational Analytics is to play a key role in the design, development, implementation, and monitoring of...

  • Senior Specialist: Data Integration

    1 week ago

    Johannesburg, South Africa Specd Full time

    JOB DESCRIPTION: Job Title: Senior Specialist: Data Integration & Operational AnalyticsJob Type: PermanentJob Industry: TelecommunicationsLocation: Johannesburg CORE PURPOSE OF THE JOB:The core purpose of the Senior Specialist: Data Integration & Operational Analytics is to play a key...

  • Senior Specialist: Data Integration

    1 week ago

    Johannesburg, South Africa Specd Full time

    JOB DESCRIPTION: Job Title: Senior Specialist: Data Integration & Operational AnalyticsJob Type: PermanentJob Industry: TelecommunicationsLocation: Johannesburg CORE PURPOSE OF THE JOB: The core purpose of the Senior Specialist: Data Integration & Operational Analytics is to play...

  • Head: Analytical Systems 1

    1 month ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Contact** - REQ 120431- Tshego Semenya**Cluster** - Group Risk**Career Stream** - Quantitative **Leadership Pipeline** - Manage Managers **Position** - Head: Analytical Systems**Job Purpose** - The Head: Analytics Systems within Group Risk Analytics (GRA) will report into the Divisional Head: Credit Risk Systems....

  • Senior Manager: Margin Analytics

    1 week ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Requisition Details & Talent Acquisition Consultant REQ – Michelle Thabethe Job FamilyRisk, Audit and Compliance Career StreamEnterprise Wide Risk Management Leadership PipelineManager of othersJob PurposeThe Margin Analytics function plays an important role in Nedbank in terms of unpacking the Group and cluster-level net interest income (NII), interest...

  • Data Scientist Ii

    1 month ago

    Johannesburg, South Africa FirstRand Full time

    About us, purpose, experience and qualifications **about us**: **purpose**: - To plan, build, optimise and implement innovative quantitative analytical methodologies, procedures, products and advanced mathematical models that provide analytical support and interpret insights, to address business opportunities and problems and implement business strategy,...

  • Mngr: Credit Risk Innovation and Support

    1 month ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition & Talent Acquisition Consultant Detail** - REQ 129379 - Twanette Coetser- Closing Date - 5 January 2024**Cluster & Location** - Total Business Banking and Retail - Client Value Management - 135 Rivonia, Sandton**Career Stream** - Credit / Credit Risk**Leadership Pipeline** - Manage Self: Professional (MSP)**Manager: Credit Risk Innovation and...