Time left to apply End Date: November 24, 2024 (3 days left to apply)
Job requisition id R-15969511
Empowering Africa's tomorrow, together…one story at a time.With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary We are recruiting for an analytical individual with 2-3 years' experience in data analysis, to support the credit risk process through carrying out comprehensive and quality credit risk functions within the credit lifecycle to create shared growth within the boundaries of internal policies and external regulations for Growth Business clients.
Job Description Role Overview:
This critical role is designed to manage the heavy workload of the Collections Strategy Optimization and Debt Sale team. The Collections Strategy Manager will develop and implement effective collections strategies, ensuring alignment with portfolio objectives and regulatory requirements.
The ideal candidate will leverage their analytical expertise to drive strategy enhancements and manage credit risks effectively.
Key Responsibilities:Portfolio Management: Demonstrate an in-depth understanding of the portfolio, including performance drivers and risk factors.Maintain clarity on collections, impairments, and the drivers impacting them.Align to and implement documented strategies and policies within the portfolio.Conduct high-quality credit risk assessments and reviews for BAU (Business-As-Usual) processes and strategies.Design and develop data-driven collections strategies, identifying gaps, providing solutions, and aligning them with overall portfolio objectives.Embed improvements into collections strategies through rigorous research and data interrogation.Data and Systems Management: Manage BAU, ad-hoc, and automated processes with efficiency.Produce and analyze management information and insights within stipulated SLAs.Perform data analysis and processing, including sourcing, cleaning, validating, and consolidating large datasets using advanced SAS skills.Identify trends and anomalies to support data-driven decision-making.Governance and Compliance: Adhere to the bank's credit risk policies and ensure compliance with all relevant legislation.Support end-to-end audit and governance processes to maintain high standards.Stay informed on regulatory changes relating to collections and debt sales.Investigate and provide thorough feedback on exceptions, ensuring adherence to governance standards.Stakeholder and Customer Management: Present analytical results and strategic proposals to both technical and non-technical audiences.Build and maintain strong relationships with internal and external stakeholders, fostering collaboration.Soft Skills: Communicate complex data and strategies effectively to varied audiences.Exhibit professionalism in all interactions and tasks.Manage time and workload effectively to balance competing priorities.Qualifications and Experience:Preferred Qualification: Bachelor's degree in Mathematics, Statistics, Engineering, or BMI2-3 years' experience in financial services is advantageous.Advanced SAS skills and experience with data analysis and processing techniques.Strong understanding of collections, impairments, and credit risk management.Personal Attributes:Detail-oriented with a strong analytical mindset.Proactive and self-motivated, with a focus on delivering results.Excellent interpersonal skills to manage stakeholder relationships and drive collaboration.This role is vital for managing the workload of the Collections Strategy Optimization and Debt Sale team, offering a challenging and rewarding opportunity to shape the future of collections strategy management.
Education Bachelor's Degree: Actuarial ScienceBachelor's Degree: Business, Commerce and Management StudiesBachelor's Degree: StatisticsBachelor Honours Degree: BMI - Business Management and Informatics (Required)Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank. Absa Bank Limited reserves the right not to make an appointment to the post as advertised. About UsTruly AfricanWe are a diversified standalone African financial services group, delivering an integrated set of products and services across personal and business banking, corporate and investment banking, wealth, investment management and insurance.
Absa Group Limited is listed on the JSE and is one of Africa's largest diversified financial services groups with a presence in 12 countries across the continent and around 41,000 employees.
We own majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, the Seychelles, South Africa, Tanzania (ABSA Bank in Tanzania and National Bank of Commerce), Uganda, and Zambia. We also have offices in China, Namibia, Nigeria, the United Kingdom and the United States of America, a Technology Hub in Prague, and insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia.
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