Credit Risk Analyst (VAF) – JHB needed at Absa Group Limited

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Job title : Credit Risk Analyst (VAF) – JHB

Job Location : Gauteng, Johannesburg

Deadline : July 13, 2024

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Job Description

Portfolio Performance Monitoring: 

  • Understand the interaction between the macro environment and credit performance and adjust credit underwriting strategy within Risk Appetite accordingly based on macro expectations.
  • Monitor the performance of the Vehicle and Asset Finance portfolio, tracking key performance indicators (KPIs), such as margin, balance sheet growth, capital utilisation, delinquency rates, default rates, and prepayment rates. 
  • Conduct regular portfolio reviews to assess the quality of assets, identify trends, and recommend actions to mitigate risks and enhance performance. 
  • Utilise data analytics and reporting tools to generate insights and actionable recommendations for portfolio optimisation. 

Profitability Analysis: 

  • Analyse the profitability of Vehicle and Asset Finance business and portfolios, assessing revenue generation, capital utilisation, costs, and associated risks. 
  • Identify opportunities for revenue enhancement, risk reduction, cost optimisation, and process efficiencies to improve overall profitability. 

Risk Management: 

  • Assess and monitor risks associated with the Vehicle and Asset Finance portfolio, including credit risk, interest rate risk, and market risk. 
  • Support the risk appetite and portfolio diversification to maintain a balanced risk profile  
  • Challenge underwriting standards in order to improve profitability and sustainability. 
  • Collaborate with the credit risk management team to develop risk mitigation strategies and ensure compliance with internal policies and regulatory requirements. 

Business Planning and Forecasting: 

  • Challenge forecasting of credit losses against trends and economic outlook. 
  • Collaborate and challenge the risk management team to run required stress testing. 

Education

  • Bachelor’s Degree: Mathematics (Required), Bachelor’s Degree: Statistics

How to Apply for this Offer

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