Team Leader: Credit Pricing and Provisioning

Capitec Bank Ltd.; Stellenbosch; On-site; ZAR 900,000 - 1,300,000; Full time

Job summary

Capitec Bank Ltd invites a Team Leader in Credit Pricing and Provisioning to guide the embedding and optimisation of our pricing framework. You will lead the team responsible for building, testing and maintaining models for credit pricing and provisioning in a dynamic, regulated environment.

The role requires leadership experience, strong mathematical modelling skills and exposure to Basel and IFRS 9 frameworks, with engagement across executive committees as needed.

Qualifications

• Honours or Masters in Mathematics/Statistics with strong quantitative skills.
• Experience in analytical roles with mathematical modelling is required.

Responsibilities

• Lead embedding, optimisation and maintenance of the Credit Pricing and Provisioning framework and related models for Capitec Group.
• Oversee design, development, testing, implementation and maintenance of existing and new models for credit pricing and provisioning, adhering to standards and methodologies.

Skills

Analytical Skills

Attention to Detail

Communications Skills

Computer Literacy

Education

Honours Degree in Mathematics or Statistics

Masters Degree in Mathematics or Statistics

Job description

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Team Leader: Credit Pricing and Provisioning

• Lead the embedding, optimisation and maintenance of the accuracy of the Credit Pricing or Provisioning framework and all related models for the Capitec Group
• Lead the team responsible for the design, development, testing, implementation and maintenance of existing and new models, while adhering to standards, principles, methodologies and frameworks for any one of the below functions:
  • Credit pricing and capital requirement calculations
  • Modelling and forecasting of bad debt (Provisioning)
    

Experience

Minimum:

• Honours Degree with 7+ years’ experience in an analytical capacity, working in a dynamic, mathematically complex environment – focusing on financial modelling.
  • Of which at least 3 years in working with credit pricing or provisioning.
• OR Masters Degree with 6+ years’ experience in an analytical capacity, working in a dynamic, mathematically complex environment – focusing on financial modelling.
  • Of which at least 3 years in working with credit pricing or provisioning.
• Previous leadership experience
• Regular exposure to members of the Executive Committee.

Ideal:

• Supervisory experience

Qualifications (Minimum)

• Honours Degree in Mathematics or Statistics

Qualifications (Ideal or Preferred)

• Masters Degree in Mathematics or Statistics

Knowledge

Minimum:

• Advanced statistical analysis
• Advanced financial mathematics
• Expert knowledge on credit pricing or provisioning principles, standards, methodologies, frameworks and best practices.
• Relevant legislation and regulatory frameworks (Basel, IFRS 9)
• Regulatory analytics (ICAAP, AIRB)
• Expert knowledge on the impact of the economic, operating and regulatory environment on credit pricing or provisioning strategies
• Monitoring framework development and execution

Ideal:

• Commercial, business and financial principles and practices.
• Operational environments across the credit life cycle

Skills

• Analytical Skills
• Attention to Detail
• Communications Skills
• Computer Literacy (MS Word, MS Excel, MS Outlook)

Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13). Capitec Bank Limited Reg. No: 1980/003695/06