Senior Credit Risk Analyst

6 days ago


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

About the Role

The Senior Credit Risk Analyst will play a key role in designing, producing, analyzing, and documenting predictive credit models across the entire credit life cycle. This position requires a strong analytical mindset and the ability to think strategically about how to improve, optimize, and expand the collections function to meet the goals and objectives of the business.

Key Responsibilities

  • Lead the strategic development of Old Mutual Finance's collections function, identifying opportunities for improvement and implementing data-driven strategies to optimize collections and recovery results.
  • Design, construct, and document predictive credit models and strategies across the collections life cycle, including implementation and monitoring.
  • Analyze portfolio-level information to identify key risk factors, root-cause analysis, and develop proposed solutions to improve portfolio profitability.
  • Develop and maintain target forecasting and collections scorecards, collaborating with the BI data team to ensure relevant and accurate data and reporting.
  • Provide day-to-day analytical assistance across multiple stakeholders and projects, recommending and implementing champion/challenger strategies to continually test and learn.
  • Assist operations to achieve better collections and recovery results by integrating models and data-driven approaches into operational processes.
  • Mentor and guide junior analysts and graduates, fostering their professional growth and enhancing their analytical skills through training, knowledge sharing, and encouraging a culture of continuous learning and improvement.

Requirements

  • Bachelor's degree in a numerical field, such as statistics, computer science, engineering, mathematics, or actuarial science.
  • At least 5 years of advanced analytics experience within credit risk and/or collections strategies management.
  • Strong analytical software skills, including SQL, R, and/or Python, as well as proficiency in Excel, Word, and PowerPoint.

About Old Mutual

Old Mutual is a leading financial services company that values innovation, collaboration, and continuous learning. We offer a dynamic and supportive work environment that fosters professional growth and development.


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