Analyst Credit Risk Job in Sandton
Job Description
In an Analyst Credit Risk job, an individual will be tasked to analyze vast datasets, identify patterns, and leverage insights to mitigate risks effectively. Moreover, this role isn’t just about crunching numbers; it’s about driving impactful decisions that shape the financial landscape. Measure, advise, report, and forecast credit provision (impairment and capital). This includes analyzing and liaising with key stakeholders (e.g. collections, finance, business, etc.) to drive financial performance such that losses are within risk appetite.
Responsibilities of Analyst Credit Risk Job
- Analyse and measure monthly impairment and capital numbers.
- Understand impairment and capital drivers.
- Assist in setting collection targets (on and off-balance sheet) according to the budget.
- Analyse collections performance in line with risk appetite.
- Measure the impacts of any credit policy change, including new and existing customer acquisition strategies as well as collections strategies.
- Calculate potential losses for once-off risk events.
- Understanding of the accounting process and financial reporting (including disclosure reporting).
- Ad hoc analysis.
- Analyse and report impairment performance and trends to the Portfolio Manager and Head Risk Decision Support.
- Ensure monthly Portfolio Performance Reports (with commentary) are completed under the agreed deadlines and required standards.
- Ensure the development of MI as required.
- Produce monthly account level impairment and capital data and reports.
Requirements
- Ability to interpret complex datasets and derive actionable insights.
- Excellent communication skills for collaboration with cross-functional teams.
- Familiarity with financial risk management principles and strategies.
- Attention to detail and accuracy in data analysis and reporting.
- Bachelor’s degree in finance, economics, mathematics, or a related field.
- Prior experience in a similar role or industry is preferred.
- Proficiency in relevant software tools such as Excel, SQL, and statistical software.
- Willingness to work in Sandton, South Africa, or relocate if necessary.
Knowledge and Skills
- Bachelor’s degree (postgraduate degree preferred) in risk management, statistical analysis, actuarial science, Business Mathematics and informatics, econometrics, or similar qualification.
- Proficiency in SAS (Base, Enterprise Guide, or Viya), SAS E-Miner advantageous.
- Advanced MS Excel.
- Understanding of credit risk and related statistical modeling.
- Analytical and creative problem-solving skills.
- Critical thinking.
- Learning agility.
- Good communication.
- Time management and expectation management.
- Strong work ethic.
- Intrinsically motivated.
- Stakeholder Management.
