Website Absa Bank
Job Description
Job Summary To analyze Retail Credit portfolio performance and provide data-driven insights, forecasts, and management information to support decision-making across the credit lifecycle, including acquisition, exposure management, collections, and recovery.
Expat job resources
Job Description Contract Type: Fixed-term (8 months) Key Accountabilities Data Extraction, Manipulation and Statistical Analysis (80%)
- Data Extraction, Manipulation and Statistical Analysis.
- Data Analysis and Forecasting of Portfolio Performance Statistics.
- Performing data analysis, forecasting, and generating both monthly and ad-hoc management information used by analysts and managers in Retail Credit and Management to manage our business.
- Credit Data Requirements & Validate Data Integrity.
- Review the Loan list of all borrowers and their product segmentation.
- Run all portfolio performance tracking reports.
- Validate data integrity and run parallel operations to cross-verify data accuracy.
Data Analysis: Forecasting and Modelling of Portfolio Performance Statistics (20%)
- Analyze and interpret both Performance and Applications data relating to Credit Risk processes
- Provide analysis to support with business as usual activities such as Credit Risk strategy changes
- Continuously strive to improve Absa’s decision support systems.
Preferred Education
- Bachelor’s degree in Commerce, Business Administration, Mathematics, Statistics, Economics or a related field from an accredited University
Preferred Experience
- 2 years working experience in a similar role preferably in a financial institution.
Knowledge
- High level of modelling in MS Excel, ideally with experience in manipulating large data sets.
- Strong IFRS knowledge and strong experience in econometric modeling or risk forecasting
- Strong knowledge of portfolio dynamics and Credit Risk and credit portfolio life cycle dynamics.
- Understanding of portfolio and sub-portfolio modelling practices and model performance measures.
- Proven knowledge of analysing and interpreting data using statistical models and manipulating data using relevant programmes such as SAS/SQL.
Skills
- Strong communication skills and the ability to communicate complex concepts effectively at all levels.
- A self-motivating team player who is able to define structure and prioritize work in order to complete assigned tasks on schedule in a timely and cost effective manner
- Passionate about data analysis and how this contributes to the business
- Ability to assimilate new information and quickly adapt to a new environment.
- Self-starter who naturally assumes ownership of initiatives
- Excellent planning & organization skills
- Strong ability to view issues from a risk & control perspective
- Ability to work well under pressure, working accurately with attention to detail, and meeting deadlines
Education Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)