Credit Risk

1 day ago

Woodstock Western Cape, South Africa Best Home & Electric Full time R450 000 - R900 000 per year

One of South Africa's leading furniture and appliance retailers, has the following career opportunity for an individual with the necessary competence level, experience and drive.

We are inviting applications for the position of

Credit Risk (IFRS 9) Analyst

_____________________________________________________________________________

A Credit Risk Analyst is required to support the Finance and Credit Risk team in driving IFRS 9 impairment analytics and Credit Risk analytic projects.

Key Responsibilities:

· Enhancement and maintenance of the IFRS 9 solution.

· Providing final IFRS9 results including economic overlay results at financial year end.

· Engaging with Finance and external auditors to discuss methodology, assumptions and outputs of IFRS9 models

· Analyst will be exposed to all aspects of the credit lifecycle:

o Acquisition

o Marketing

o Account Management

o Collections

· Tasks include

o Establishing optimal credit risk policies and limit calculations

o Analyse current strategies

o Building A/B testing strategies

o Defining rules to manage exposure based on customer performance

o Assist the project manager, business analyst, system development and IT teams to design solutions that sets the business up for future success.

o Produce monitoring reports.

· Other:

o Ensure the business is compliant with regulations and external data providers i.e. credit bureaux.

o Ad-hoc projects within the Credit Risk team

Competencies:

· Present data to demonstrate conclusions gained from analysing data

· Able to query and interpret data quickly and clearly

· Self-motivated driver of performance

· Great at finishing projects and disciplined in meeting deadlines

· Strong problem assessment and decision-making ability

· Attention to detail with a methodical approach to work

· Able to regroup and re-organise when priorities shift

· Generate ad-hoc reports and analytics

· Ensure professional relationships are established and maintained with colleagues, customers and external vendors.

· Comfortable working in a team to assist on other key projects in the Customer Management Services team.

Key Requirements:

· 3-5 Year relevant experience (Finance modelling and or Consumer Credit Risk)

· B. Degree with Mathematics/Statistics/Finance

· Advanced computer literacy skills with a high proficiency in SQL, SAS and Microsoft Excel

· Experience in all areas of the credit lifecycle

· Proven experience with scorecards, analytics and portfolio management

· Knowledge of IFRS 9 Financial Instruments standard for the calculation of credit impairments as well as the relevant Basel II, III and South African Regulations would be advantageous

Job Type: Full-time

Work Location: In person

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