Portfolio Manager - Absa Bank

Job Summary

Support the portfolio manager in defining the lending framework, determining the lending criteria and managing the portfolio for quality whilst supporting customer acquisition and/or growth initiatives from the Business.

Key accountabilities

Risk Management and Control - 40%

• Responsibility for providing Management with analytical solutions/monitoring packs and MI to manage portfolios effectively and within policy.
• Ensure Group reporting deadlines are adhered to
• Liaise, co-ordinate and provide various inputs and responses, as required, on impairments, forecasting, MI and analytics to stakeholders
• Ensure loan bookings are within agreed lending framework and lending rules and qualifying criteria. Generate regular reports to track same.
• Ensure consistent and timely delivery of analytics support to minimize losses and maximize profits through Trend Analysis, Impairment Analysis, Account management analysis, Profitability analysis, Stress testing, Fraud analytics, Collections strategies and loss reduction strategies
• Ensure adherence to and compliance with governance, risk policies, procedures and compliance policies.
• Produce ad-hoc analysis reports on the specific credit related issues - this would include detailed investigations into possible problem areas within the credit risk portfolio and making appropriate remedial action recommendations to line manager.
• Produce regular monitoring reports on the portfolio with appropriate commentary for line manager’s attention.
• Point in time Status on Customers Account/Credit History from ebox, brains, BIW, etc.) as well as external organisations (i.e. Credit Bureaux) for portfolio analysis.
• Monitor and manage portfolio triggers and mandate & scale within agreed limit.
• Analysis of management Information with appropriate recommendations to the Head of Credit
• Provide input into review  and development of Portfolio modelling
• Track and monitor repayment through engagement with COU and Collection & Recoveries.
• Ensure that analytical solutions/monitoring packs, MI, modeling, profitability measurement and Impairments are managed effectively, aligned to process compliance as per policy guidelines.
• Assess portfolio profitability, growth and risks on an ongoing basis
• Conduct forecasting and provide analysis required to make informed decisions.
• Support the retail risk function with its MI or data requirements.
• Undertake regular review of policy rules and lending criteria to understand association with default.
• Produce regular monitoring reports on the portfolio with appropriate commentary for line manager’s attention.
• Liaise, co-ordinate and provide various inputs and responses, as required, on impairments, forecasting, MI and analytics to stakeholders

• Establish and maintain effective working relationship with key stakeholders across business
• Manage consistent and timely delivery of analytics support to minimize losses and maximize profits through Trend Analysis,  Impairment Analysis, Account management analysis, Profitability analysis, Stress testing, Fraud analytics, Collections strategies and loss reduction strategies
• Identify opportunities to reduce loss, enhance revenue by building new rules & strategies, collection strategies, cross sell, up sell models
• Identify new opportunities for enhancing, streamlining services through use of advanced analytics, automation and optimization
• Use of statistical tools and techniques such as – forecasting, segmentation, predictive analytics etc.
• Ensure that all relevant models are understood and input into its development are provided
• Participate, review and challenge in the working day meetings to establish month end impairments forecasts and understand impairment drivers
• Ensure all modelling issues are pro-actively identified and addressed by regularly engaging with relevant stakeholders, for instance if model inputs appears to be missing or inaccurate, this need to be addressed and communicated to stakeholders
• Ensure that PD (Probability of Default) and LGD (Loss Given Default) models are thoroughly understood and input into its development is provided or the basis of their computation is carefully validated.
• Design, format, check and or validate all reporting models and templates and their outputs or outcome.
• Other responsibilities as may be assigned to you by line manager.

Business Management - 40%

• Timely production and submission of Group related MI templates e.g ARO PQR
• Communicate analytical results to both technical and non-technical audiences
• Monitor and manage portfolio triggers and mandate & scale within agreed limit.
• Analysis of management Information with appropriate recommendations to the Head of Credit
• Track and monitor repayment through engagement with COU and Collection & Recoveries.
• Actively manage the performance of the portfolio(s) within agreed risk appetite.

Staff Management - 20%

• Own personal development of self and team.
• Ensure that performance review feedback has been given to self and team and agree remedial actions where performance objectives have not been met.
• Participate in team discussions such knowledge sharing sessions, team building sessions.
• Ensure that Absa values are instilled in team.
• Ensure that all mandatory trainings are completed on time.
• Work with team to build a strong Compliance culture.

Role/Person specification

Education and experience required

• Graduate calibre, numerical and analytical.
• Proficient in the use of Advanced Excel , PowerPoint, Power BI and SAS Programming
• Qualification in mathematics, statistics, Physics, economics and/or computer science preferred.
• Good understanding of credit risk management principles.
• A good knowledge of the bank’s products and service standards.
• A good knowledge of the bank’s loan processing, booking and management systems.

Competencies: (Maximum of 8 competencies)

• Meeting stakeholder needs
• Effective time management and meeting deadlines
• Communication
• Personal Organisation
• Information Gathering and Thoroughness
• Analytical with good Judgement
• Initiative
• Integrity

Technical skills /Competencies:

• Good people skills and good at managing stakeholder expectation and needs.
• Effective time management skills and meeting deadlines
• Good verbal and written Communication skills
• Well organised and Thorough
• Information Gathering and Good Trouble shooting skills
• Analytical with good Judgement

Essential

• Good knowledge of the bank’s Consumer Lending framework, on-boarding criteria and lending rules.
• Good awareness of the bank’s Retail lending policies and procedures.
• Knowledge of Absa Group Retail Risk Management strategies and processes.
• Experience within a central Risk Management Department.
• Knowledge of the Consumer Credit Risk systems and Lending strategies
• Knowledge of the Consumer Collection & Recovery processes, systems and strategies
• Knowledge of Absa Group Credit Risk Management framework, strategies, policies and processes.
• Knowledge of the Consumer Credit Risk systems and Lending strategies
• Knowledge of the Consumer Collection & Recovery processes, systems and strategies.

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

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