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 home loans portfolio, tracking key performance indicators (KPIs), such as pricing, margin, balance sheet growth, capital utilization, 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. 
• Utilize data analytics and reporting tools to generate insights and actionable recommendations for portfolio optimization. 

Profitability Analysis: 

• Analyze the profitability of home loans business and portfolios, assessing revenue generation, capital utilization, costs, and associated risks. 
• Identify opportunities for revenue enhancement, risk reduction, cost optimization, and process efficiencies to improve overall profitability. 

Risk Management: 

• Assess and monitor risks associated with the home loans portfolio, including credit risk, interest rate risk, and market risk. 
• Develop 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: 

• Contribute to the development of the annual business plan and budget for the home loans department, providing insights and recommendations based on value management analysis. 
• Forecast and monitor key financial metrics, capital utilization, loan margins and profitability to support strategic decision-making. 
• Challenge forecasting of credit losses against trends and economic outlook. 
• Conduct sensitivity analysis and scenario planning to assess the impact of external factors, market conditions, and regulatory changes on the home loans business. 
• Collaborate and challenge the risk management team to run required stress testing. 

Financial modeling 

• Develop and maintain financial models to evaluate pricing strategies, product profitability, and return on investment (ROI). 
• Develop and maintain financial models to forecast key financial metrics, capital utilization, loan margins and profitability to support strategic decision-making. 
• Challenge the appropriateness and development of capital and impairment models.    

Team development

• Instil a performance development culture through directing the PD process and adhering to the PD calendar.
• Pro-actively identify development areas of direct reports and compile development plans to address them

Education

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