Strategic Credit Innovation Lead

1 month ago


Cape Town, Western Cape, South Africa Old Mutual Full time

The Head of Credit Innovation and Digital Change is a pivotal role at Old Mutual, requiring an individual to drive strategic changes, process enhancements, and technology implementations to optimize credit risk management practices.

Role Overview

This position involves leading and overseeing all aspects of change initiatives within the credit risk domain. The successful candidate will be responsible for developing a comprehensive change management strategy aligned with the credit risk function's goals, identifying key stakeholders, and creating tailored communication plans.

Key Responsibilities
  • Drive strategic changes, process enhancements, and technology implementations to optimize credit risk management practices.
  • Develop a comprehensive change management strategy aligned with the credit risk function's goals.
  • Identify key stakeholders, assess their readiness for change, and create tailored communication plans.
  • Collaborate with senior leadership to prioritize change initiatives.
  • Evaluate existing credit risk processes and identify areas for improvement.
  • Lead process re-engineering efforts to enhance efficiency, accuracy, and risk mitigation.
  • Implement best practices and industry standards.
  • Work closely with supporting chapters (engineers, solution architects, etc.) to introduce new risk management systems or enhance existing ones.
  • Ensure smooth adoption of technology solutions by credit risk teams.
  • Provide training and support.
Requirements
  • Bachelor's degree in Mathematics, Economics, or related fields.
  • Minimum 8 years of experience in credit analysis or underwriting.
  • Familiarity with credit risk models and financial ratios.
  • Proficiency in programming languages (e.g., SAS Python, R) and data manipulation tools.
Competencies
  • Analytical Skills: Ability to interpret credit data and assess risk.
  • Decision-Making Ability: Sound judgment in credit evaluations.
  • Strategic Thinking: Identifies, understands, and acts on broader opportunities to drive longer-term value-adding change.
  • Collaboration: Proactively establishes and maintains relationships, values driven in relating to others, engenders trust, respect, and the building of meaningful relationships across various contexts.
  • Customer First: Puts the customer at the heart of business decisions and drives to improve value for customers.
  • Innovation: Demonstrates ability to relate to challenges from a range of diverse but relevant perspectives, generates creative/out-of-the-box solutions, challenges the status quo.
  • Personal Mastery: Learns and actively works to build self-awareness, develops through experience and feedback from others.

Old Mutual offers a competitive salary, with estimates ranging around $150,000-$200,000 annually, depending on location and experience. This figure includes base pay plus bonus potential. With a strong emphasis on professional growth, Old Mutual provides excellent opportunities for career advancement and skill development.



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