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Risk Management Specialist: Credit Portfolio Optimization

2 months ago


Johannesburg, Gauteng, South Africa The Skills Mine Full time
About the Role

We are seeking a highly skilled Portfolio Manager: Credit Risk to join our team at The Skills Mine. As a key member of our credit risk management team, you will be responsible for monitoring the performance of our credit portfolios, identifying trends and potential risks, and recommending appropriate risk mitigation strategies.

Key Responsibilities
  • Portfolio Performance Monitoring: Monitor the performance of our credit portfolios, identifying trends and potential risks, and recommending appropriate risk mitigation strategies.
  • Risk Management: Manage the strategic direction of the portfolio to maximize risk-adjusted returns.
  • Reporting and Analysis: Prepare and present reports to senior management, highlighting key risk metrics, trends, and recommendations.
  • Model Risk Management: Manage model risk for our credit portfolio.
  • Compliance and Improvement: Help drive RDARR compliance and ongoing improvements for the bank.
  • Credit Process Efficacy: Contribute to the efficacy of credit processes in the bank and help shape the credit risk appetite levels.
  • Credit Cut-off Strategies: Ensure optimal credit cut-off strategies are in place to optimize the profitability of the credit portfolios over the medium to long term.
  • Credit Risk Framework: Ensure the Credit Risk framework and related credit policies are aligned to regulatory developments, are appropriate and effective, align with the overall objectives and strategic direction of the bank, and that portfolio and concentration risks are proactively managed.
Requirements
  • Bachelor's degree in mathematics, statistics, data science, or a related quantitative field, preferably with a suitable post-graduate qualification.
  • 7 years + experience in credit risk management, with a strong foundation and understanding of the various kinds of models used in the credit value chain of high-volume portfolios.
  • Experience working in the banking sector.
  • Experience across the entire credit value chain would be a strong advantage (Unsecured Consumer and SME Credit portfolios preferable).