Credit Risk Analyst

SUMMARY:
A giant JSE-listed listed organisation is looking to employ a Credit Risk Analyst to monitor and diagnose benchmarks and trends across financial data, systems and processes. The purpose of this role is to provide data-driven and quantitative analysis that informs credit risk management strategies and processes across the credit life cycle. The focus of this role will be on Account Management.

POSITION INFO:
Minimum Requirements:

• MSc/ BSc (Hons) in Statistics/ Actuarial Science/ Financial Maths/ Applied Maths
• At least 1-2 years of experience in relevant field (e.g. behavioural credit scoring, credit risk management processes across the credit life cycle)
• Programming capabilities in SAS / R / Python / VBA
• Retail banking experience

• Develop mathematical and statistical models for risk quantification.
• Development and implementation of the high-risk account management strategy, limit increase strategy and forced limit decrease strategy for risk management.
• Monitor and run assurance on system functionality than enables the facility structure that is the core component of the credit product.
• Provide meaningful insights, trends and recommendations with the objective of informing credit policy and business strategy through analytical methods.
• Create business reporting that is of a consistently high quality and standard to inform and/or drive business processes.
• Evaluate profitability of current policy / rule sets, generate and evaluate alternatives.
• Conduct detailed analytical work with a high level of accuracy in order to deliver high level results to senior management.
• Responsible for managing issues through to resolution.
• Working with other team members within the Credit Team to ensure:
• The management of key stakeholder relationships. (i.e. Product, Credit Ops, EIS, System)
• Effective team management to produce results in line with strategy.
• Improved processes and a collaborative working culture.