Credit Risk Analyst

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 purpose of the role is to support the credit risk process through carrying out comprehensive and quality credit risk functions within the credit lifecycle to create shared growth within the boundaries of internal policies and external regulations.

Join the VAF (Collections) within Absa RBB where you will be responsible for developing Retail Credit Risk Pricing strategies by using data analysis and predictive modelling techniques. You will in In addition be responsible for developing, monitoring and tracking management information (MI) of strategies and developing reports to highlight trends to management within the Portfolio.

**Job Description**:
Risk Management:

- To conduct quality credit risk assessments and reviews
- Proactively manage credit risks associated with clients
- Develop data driven strategies, facilitate the credit sanctioning process to ensure responsible risk decisions

Data and Systems Management:

- To produce and analyze relevant management information and insights management

Governance:

- Ensure the bank's credit, philosophy and all relevant legislation is adhered to

Customer Management:

- Investigate and resolve all escalated customer complaints

Strategy Design and Analysis
- Develop data driven strategies within the VAF team. This includes the following actions:

- Liaise with the relevant stakeholders in order to identify and select an appropriate data sample (for example, the target market) for strategy design.
- Source data on, for example overall performance and point in time status on customer's accounts/credit history, from various data sources within the ABSA domain as well as external organisations (i.e. Credit Bureaux) using Statistical Analysis Software (SAS) as well as database query tools.
- Consolidate the data in a logical manner such that it is analytical ready for SAS.
- Identify any data anomalies/trends and investigate possible causes for these. If necessary, suggest possible remedies for these anomalies to the portfolio's Management Team.
- Develop several alternative profitability strategies based on an analysis of the data and risk criteria available.
- Produce a detailed report the VAF and portfolio Management Team on the strategy design which needs to include the following:

- Indicate the data sample used, possible data exclusions and the reasons of the exclusions
- Document the strategy design methodology in such a manner that it is transparent and understandable to technical as well as a non technical audience.
- Document possible alternative strategies and their impact on the business (i.e. champion/challenger).
- Obtain buy-in from all stakeholders (e.g. VAF and portfolio Management Teams) by communicating the strategy verbally to both technical and non-technical audience.
- Present the strategy within the VAFmonthly meeting to ABSA Internal and Barclays stakeholders
- Liaise with the VAF capability team to ensure that the strategy is correctly implemented and that the timelines are within acceptable standards.
- Execute unit testing (if required) to ensure that the proposed strategy is correctly implemented in the credit scoring systems
- Continually benchmark current strategies against mandated risk criteria as well as industry standard and best practice benchmarks
- Secure approval from relevant governance structures. This includes sign-off control processes

MI Production
- Produce and analyse monthly MI, to provide insightful commentary to support the data that details areas of potential concern and develop remedial action plans to address the issues. Produce strategy review documentation that shows the relevant performance of comparative acquisition and existing customer strategies. This needs to include profit, volume and risk related metrics.
- Produce ad-hoc analysis reports on the specific credit, campaign or collections issues - this would include detailed investigations into
- Possible problem areas within the VAF credit risk portfolio.
- Communicate with the members of the respective Strategic Business Units (SBUs), Group functions and Management Committees on an ongoing basis to ensure the speedy adoption of strategy development and revisions
- Communicate analytical results to both technical and non-technical audiences
- Work together with cross functional teams, which may be geographically dispersed, to deliver credit risk initiatives
- Manage strategy sign-off process to ensure that all stakeholders are informed of proposed strategy changes and benefit/impact of these changes to the business.
- Liaise with operational areas (for example, inbound call centre managers and the manual

  • Credit Risk Analyst

    6 days ago

    Johannesburg, South Africa The Corporate Circle Full time

    Job Overview **Date Posted**: Posted 56 mins ago **Location**: Johannesburg, Gauteng **Job Title**: Credit Risk Analyst **Salary**: R50,000 **Education Level**: Bachelors Degree **Job Level**: Intermediate **Minimum Experience**: 3 - 5 Years Credit Risk Analyst job vacancy in Sandton, Johannesburg. **Requirements**: - Relevant business degree. -...

  • Risk Analyst

    4 weeks ago

    Johannesburg, South Africa IT Ridge Technologies Full time

    The purpose of this position is to assess, monitor and manage credit risk exposures in line with the company's risk toleranceDetailed Description :Analyze, assess and evaluate financial, market and business information in order to report on credit risk to facilitate informed decision making on the foreign exchange, gold and other fixed-income reserve...

  • Credit Risk Analyst

    4 weeks ago

    Johannesburg, South Africa TotalEnergies Full time

    Finance - JOHANNESBURG-BIERMANN AV(ZAF) - South Africa - As a Credit Risk Analyst, you will be responsible for the following activities: **Controlling and Reporting** To perform risk assessments on new customers (prior to entering into any Commercial relationship) based on Internal (e.g. Sales projections) and External information (e.g. Financial...

  • Credit Risk Analyst

    4 weeks ago

    Johannesburg North, South Africa Communicate Recruitment Full time

    A giant JSE-listed listed organisation is looking to employ a Financial Analyst to monitor and diagnose benchmarks and trends across financial data, systems and processes. is in the market for a Credit Risk Analyst with a MSc/BSc (Hons) to join their multinational organization. The purpose of this role is to provide data-driven and quantitative analysis that...

  • Credit Risk Analyst

    4 weeks ago

    Johannesburg, South Africa The Corporate Circle Full time

    Credit Risk Analyst. R50 000 CTC. Sandton. Relevant business degree. 3-5 years experience in the Credit or Data Analyst role. Strong SAS and advanced Excel essential and not negotiable. Strong team players with problem solving skills. Able to work independently. Able to transform raw transactional data into a final campaign file. Able to enhance and...

  • Credit Risk Analyst

    3 weeks ago

    Johannesburg, South Africa The Corporate Circle Full time

    Credit Risk Analyst. R50 000 CTC. Sandton. Relevant business degree. 3-5 years experience in the Credit or Data Analyst role. Strong SAS and advanced Excel essential and not negotiable. Strong team players with problem solving skills. Able to work independently. Able to transform raw transactional data into a final campaign file. Able to enhance...

  • Credit Risk Analyst

    4 weeks ago

    Johannesburg North, South Africa Communicate Recruitment Full time

    A trailblazer in the banking sector is in the market for a Credit Risk Analyst with a MSc/BSc (Hons) to join their multinational organisation. The role entails being data-driven and use quantitative analysis to informs credit risk management strategies and processes across the credit life cycle. **Minimum Requirements**: - MSc/ BSc (Hons) in Statistics/...

  • Credit Risk Analyst

    4 weeks ago

    Johannesburg North, South Africa Communicate Recruitment Full time

    A giant JSE-listed listed organisation is looking to employ a Credit Risk Analyst to monitor and diagnose benchmarks and trends across financial data, systems and processes. The purpose of this role is to provide data-driven and quantitative analysis that informs credit risk management strategies and processes across the credit life cycle. The focus of this...

  • Analyst Credit Risk Cvm

    4 weeks 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 The...

  • Senior Credit Risk Analyst

    4 weeks ago

    Johannesburg North, South Africa Communicate Recruitment Full time

    An opportunity is available in the Banking sector for a seasoned Credit Risk Analyst, with credit risk model development experience. **Job & Company Description**: **Education**: - BSc Degree in Mathematics, Statistics, or Quantitative Risk Management - Honours Degree in Risk Management, Banking or Finance will be advantageous - A postgraduate...

  • Credit Analyst

    4 weeks ago

    Johannesburg, South Africa CA Global Headhunters International Full time

    Reference No. MTBSCA **Job Description: **Responsibilities: Credit Analysis: - Critically analyse a client’s business upfront and on an ongoing basis ensuring the Credit Risk is understood, monitored and managed. - Rate clients through rating model and analyse & comment on financial statements. - Analyse, interpret & interrogate financial models and...

  • Junior Credit Risk Analyst

    4 weeks ago

    Johannesburg North, South Africa Communicate Recruitment Full time

    An opportunity is available with one of the top competitors in the Banking industry for a Junior Credit Risk Analyst who will be exposed to credit risk reporting. **Job & Company Description**: **Education**: - BSc Degree in Mathematics, Statistics, or Quantitative Risk Management - Honours Degree will be advantageous **Job Experience & Skills...

  • Credit Analyst

    7 days ago

    Johannesburg North, South Africa SydSen Recruit Full time

    Gauteng, Johannesburg North - R28K - R35K Credit Analyst -Johannesburg North A well established Automotive company based in Johannesburg North, is seeking a qualified ** Credit Analyst** to join their team. As a **Credit Analyst **you will be responsible for assessing and analysing the creditworthiness of clients, evaluating their financial history and...

  • Credit Analyst

    5 days ago

    Johannesburg, South Africa Sydsen Full time

    A well established Automotive company based in Johannesburg North, is seeking a qualified **Credit Analyst** to join their team. As a **Credit Analyst **you will be responsible for assessing and analysing the creditworthiness of clients, evaluating their financial history and determine their ability to repay the proposed loan/s. **Responsibilities**: -...

  • Analyst Credit Risk

    4 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 To...

  • Credit Analyst

    4 weeks ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition & Talent Acquisition Consultant Details** - REQ 133112 - Twanette Coetser- Closing Date - 18 April 2024**Cluster & Location** - Total Business Banking and Retail - Credit Value Management - KZN & EC- Durban, KwaZulu Natal- Career Stream- Credit Management - Leadership Pipeline- Manage Self: Professional **Credit Analyst** **Job Purpose** - We...

  • Junior Credit Analyst

    4 weeks ago

    Johannesburg North, South Africa Communicate Recruitment Full time

    A well known Investment conglomerate is in the market for an exceptional Junior Credit Analyst. **Job & Company Description**: This company aims to meet the objectives of capital preservation and capital appreciation. You will be responsible for providing the analysis and recommendations on potential credit investments as an input into the credit risk...

  • Senior Credit Analyst

    7 days ago

    Johannesburg, South Africa FirstRand Full time

    Job Description The Position Ashburton Investments is a new generation investment manager that offers investors access to more sources of return and more ways to manage risk. In the institutional space in South Africa as well as our Global business, we pride ourselves on offering solutions to address clients’ holistic balance sheet needs, and to support...

  • Credit Analyst

    2 days ago

    Johannesburg, South Africa RPO Recruitment Full time

    RPO's client in the financial services industry is currently seeking a Credit Analyst to join their team of professionals in Johannesburg. As a Credit Analyst, you will be responsible for determining our customers’ creditworthiness by analyzing financial data and assessing the likelihood of a borrower honouring their financial obligations.Responsibilities...

  • Junior Credit Risk Analyst

    4 weeks ago

    Johannesburg, South Africa Max Recruitment Full time

    Position: Junior Credit Risk Analyst [**Financial Sector**] Location: Anywhere in SA **Salary**: R30 000.00 - R47 000.00 **Job Type**: Work from Home Strictly EE Position **Minimum Requirements**: - Degree in a quantitative field such as Statistics, Mathematics, Computer Science, Physics or Engineering - Two (2) years coding in SQL, SAS - Two (2) years...