Collections Strategy Manager: Credit Risk needed at Absa Group Limited

Job Summary

• To provide complex specialist advice and support in practice formulation and associated best practice improvement tactics; enabling the provision of specialist risk product expertise.

Job Description

• Risk Management:
• Identify, analyze, and mitigate risks associated with the debt portfolio.
• Develop and implement risk management strategies to protect the portfolio from adverse market conditions.
• Stay updated on regulatory changes and industry best practices related to debt management.
• Debt Review:
• Perform detailed analysis of individual debt cases to assess financial health and risk.
• Work with borrowers to review and restructure debt terms as necessary.
• Ensure timely and accurate documentation of all debt review activities and decisions.
• Portfolio Management:
• Manage a portfolio of debt-related assets, including loans, bonds, and other fixed-income securities.
• Monitor the performance of the portfolio and implement strategies to optimize returns and mitigate risks.
• Conduct regular reviews and assessments of the portfolio to ensure compliance with financial regulations and company policies.
• Reporting and Analysis:
• Prepare and present regular reports on portfolio performance, risk assessments, and market trends.
• Conduct financial analysis to support decision-making and strategy development.
• Use financial models and tools to forecast portfolio performance and evaluate potential investments.

Qualifications:

• Bachelor’s degree in Legal, Finance, Economics, Business Administration, or a related field 
• Proven experience in debt portfolio management, financial analysis, or a related field.
• Strong understanding of debt markets, financial instruments, and risk management principles.
• Excellent analytical, problem-solving, and decision-making skills.
• Proficiency in financial modeling and use of financial management software.
• Strong communication and interpersonal skills, with the ability to work effectively with diverse stakeholders.

Education

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)