Job title : Head of Credit – Umhlanga
Job Location : KwaZulu-Natal, Durban
Deadline : July 05, 2024
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Key roles and responsibilities :
Data Analysis and Insights
- Analyse consumer credit data to identify buying patterns and purchasing power.
- Use statistical methods and software to interpret data sets.
- Generate insights on customer creditworthiness and purchasing behaviour.
Credit Recommendations:
- Make data-driven recommendations on the amount and type of credit to extend to customers.
- Determine optimal credit terms and repayment periods based on analysis.
- Advise on when to increase or decrease credit limits to maximize returns and minimize risk.
Risk Management
- Assess and monitor credit risk associated with extending credit to consumers.
- Develop and implement strategies to mitigate potential credit risks.
- Monitor changes in consumer credit profiles and adjust credit policies accordingly.
Collaboration and Communication
- Work closely with the Product Marketing and Customer Relationship Manager to align credit policies with marketing strategies.
- Communicate findings and recommendations to senior management and other stakeholders.
- Provide regular reports on credit performance and risk metrics.
Credit Policy Development
- Develop and refine credit policies based on data analysis and business objectives.
- Ensure credit policies comply with regulatory requirements and industry standards.
- Continuously improve credit assessment processes and tools.
Performance Monitoring
- Track and report on the performance of credit strategies and their impact on business outcomes.
- Use predictive modelling to forecast future credit trends and potential risks.
- Analyse the impact of credit policies on customer retention and revenue growth.
Requirements
Knowledge, skills and attributes:
- Strong analytical skills with the ability to interpret complex data sets.
- Proficiency in statistical analysis software (e.g., SAS, SPSS, R, Python).
- Knowledge of credit scoring models and risk assessment techniques.
- Attention to detail and strong problem-solving abilities.
- Ability to work collaboratively in a team environment.
Education and training:
- Bachelor’s degree in finance, Economics, Statistics, Data Science, or a related field.
Experience:
- Proven experience in credit analysis, risk management, or related roles ideally in a banking environment.
- Experience with data visualization tools (e.g., Tableau, Power BI).
- Excellent communication and presentation skills.
How to Apply for this Offer
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