Manager: Portfolio Analytics

Absa Group; Johannesburg; On-site; ZAR 400,000 - 500,000; Full time

Job summary

A prominent banking institution in Johannesburg is seeking a leader to manage a team focused on customer strategies and risk management. The ideal candidate will possess a bachelor's degree in business or related fields, with experience in leading teams and developing impactful strategies. This role involves ensuring compliance with policies and working closely with various stakeholders to enhance credit performance and reporting standards.

Qualifications

• Experience in managing teams and developing effective working strategies.
• Capability to align lending policies with risk management objectives.
• Strong understanding of macro environment interactions and credit performance.

Responsibilities

• Lead and manage a team driving customer strategy.
• Ensure compliance with Group Policies and legislative requirements.
• Review and report on strategy performance to various stakeholders.

Education

Bachelor's Degrees and Advanced Diplomas: Business, Commerce and Management Studies

Job description

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

To lead and manage a team of professionals, who drive the existing customer strategy, risk appetite and profitability across different product lines, segments and business units in the ABSA Retail Bank. Work with the Strategic Business Units (SBU) to ensure predictive risk and marketing techniques are established and deployed by business.

Job Description

• Work with appropriate stakeholders to develop and validate an effective business plan for existing customers that best maximises the opportunities from the Absa Consumer Banking network within an acceptable risk/reward profile.
• Ensure lending policies align with the overall Risk Management objectives and is in line with the overall Retail and Business Banking (RBB) Strategic direction.
• Ensure full interaction with Pricing and Profitability to ensure alignment between Risk Appetite, Underwriting Strategy and Pricing for existing customers.
• Understand the interaction between the macro environment and credit performance and adjust credit underwriting strategy within Risk Appetite accordingly based on macro expectations.
• Contribute (strategically) to building the vision and developing successful practices for Consumer Banking and the wider Credit Risk Management Team.
• Manage and co‑coordinate the development of reporting requirements and portfolio measures for the product Risk Management team through the Absa committee structures.
• Present key credit trends and highlight recommendations and risk mitigation plans to the relevant Risk Management Head by either extracting data from within own team or consolidating data from central MI team.
• Ensure monthly Portfolio Performance Reports (with commentary) are submitted in accordance with the agreed deadlines and required standards and that all actions are addressed and feedback given in a timely manner.
• Ensure the development of more frequent MI (daily, weekly, monthly, as required).
• Oversee the quality of reports to ensure they cover performance monitoring and benchmarks.
• Support and stand in for the Head of Risk Management as and when required.
• Liaise with various internal stakeholders (e.g. Risk Management, Credit Lending, Product Head, IT and Enablement, Group Risk) to secure their respective support in the implementation of changes to the credit underwriting strategies for existing clients and also ensuring capacity exists to implement.
• Review and report strategy performance and trends to the Head: Risk Management Unsecured, Portfolio Quality Review Meeting, Retail Credit Risk Committee, Group Risk teams, and Product Teams.
• Ensure compliance with relevant Group Policies.
• Ensure that all legislative requirements are complied with (e.g. National Credit Act, Basel).
• Support relevant Audits and ensure any potential audit findings are addressed inline with committed dates.
• Ensure delivery of business goals by aligning Performance Development (PD) Plans of direct reports to the business goals.
• Instill 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)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised.