Credit Risk Manager
The Foschini Group
Cape Town North
5d ago

Position Description :

Credit Risk : Credit Growth

Manager : Credit Growth / New Accounts

A challenging opportunity has arisen within the Credit Department of TFG Financial Services for a curious, highly motivated individual to formulate and drive strategies, provide analytical support and to quantify strategic initiatives in order to drive healthy growth across all TFG credit offerings.

The successful individual will be working with the top management of the Credit Risk, Credit Marketing & Credit Operations teams in order to :

  • Drive credit customer acquisition within risk appetite (new account drives; lead generation)
  • Optimise limit allocation strategies
  • Implement existing accounts management strategies
  • Influence credit marketing activities to improve credit sales
  • Portfolio forecasting of account growth, turnover levers and profitability
  • Perform deep-dive analysis using large datasets to help inform business decisions and explain adverse movements in the growth metrics
  • Formulate and present findings to management
  • Job description

    Managing a team of credit risk analysts, supporting you to do :

  • Portfolio forecasting of credit growth levers (active accounts, turnover, risk vintage performance etc.) on a quarterly basis
  • Monitoring portfolio performance against forecast and managing EXCO expectations on a monthly basis and where needed
  • Develop strategies to grow New Accounts within legislative framework and through digital channels.
  • Existing account management, including limit management, buying position strategies and dormancy campaigns
  • Providing analytical solutions to complex business problems
  • Documentation of analytical processes and results, adhering to agreed documentation standards
  • Effective communication and presentation of analytical results and credit-related topics to peers and relevant stakeholders
  • Quarterly re-projections of active account growth
  • Profitability tracking and identification of opportunities derived
  • Data mining of credit bureau and other external data to provide insights and trends
  • Ensuring appropriate statistical methodology and data mining / analytics techniques are applied to any modelling process to deliver and deploy robust and effective models where necessary
  • Model tracking to ensure effective model life cycle management
  • To take up this challenging position you should have :

  • A degree in a numerate discipline, preferably Statistics / Mathematics / Operations Research / Engineering (Honours / Masters degree preferable)
  • Knowledge and experience in statistical / data management software packages (SAS / SQL) Enterprise Miner would be advantageous
  • Excel experience
  • Knowledge of the credit industry and credit life cycle management is preferred
  • Hands-on experience of large-scale customer database data interrogation and manipulation would be advantageous
  • Experience with data mining and statistical techniques such as logistic regression, decision trees, cluster analysis etc. is preferred
  • Excellent data interpretation skills
  • Good strategic and conceptual abilities would be advantageous
  • Advanced problem solving, judgment and self management skills
  • Working as a Manager in Credit Growth, you will have a strong ability to translate data into a story, be able to make recommendations based on findings and be a good team player.

    You will also need to be numerate with a strong commitment to the improvement of the credit risk strategy.

    Preference will be given, but not limited to, candidates from designated groups in terms of the Employment Equity Act.

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