Business Credit Risk Manager

2 days ago


Cape Town, Western Cape, South Africa FinChoice Full time

FinChoice is an innovative, consumer-facing fintech that specializes in providing fast loans and affordable insurance products. As a leading digital financial services provider, we are committed to delivering exceptional customer experiences through our cutting-edge technology.

The credit risk team forms an integral part of the FinChoice business, collaborating with various departments and contributing to finance reporting, provisioning, and monthly risk reporting. The team is responsible for decision areas such as new business and sales strategy, fraud strategy, account management, limit strategy, early and late collections, recoveries, EDC management, write-off strategy, and forecasting.

About the Role:
  • Lead the development and execution of credit risk strategies across new business underwriting, portfolio management, collections, and monitoring.
  • Focused on building and developing the PayStretch product's underwriting, portfolio management, collections, and monitoring capabilities.
  • Assist the Credit Risk Executive with ideating and implementing group exposure rules.
  • Develop and maintain credit risk strategies, set credit limit structures and policies, build scorecards, and analytics models.
  • Manage and monitor credit risk-related projects, develop and run appropriate reporting to manage credit portfolios, oversee the modelling of the credit portfolio and its impact on the business.
Requirements:
  • A minimum of 6 years' experience in a Senior Credit Risk role or related field.
  • A degree in Mathematics, Statistics, Economics, or equivalent BCom, B Bus Sci, B Eng, BSc.
  • Good computer literacy skills with proficiency in MS Excel, ability to creatively solve problems, and interpret numerical and statistical information.


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