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Specialist JHB - Northern Suburbs

Employer
wePlace Ltd
Location
North Johannesburg JHB - Northern Suburbs Johannesburg, South Africa
Salary
Competitive
Closing date
May 26, 2022

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Job Role
Other
Sector
Finance
Contract Type
Permanent
Hours
Full Time
*Reference: JHB000530-AS-1*

One of South Africa's Banking Giants is looking for a Specialist: Unsecured Credit to provide knowledge and data insights linked to product knowledge towards the formulation and enablement of the Bank's Unsecured Credit Strategy.
*Purpose Statement:
*
* To provide specialist knowledge and data insights linked to product knowledge towards the formulation and enablement of the Bank's Unsecured Credit Strategy - in order to achieve the required market share within ROE and profitability targets
* To provide business context to modelling and analytical teams and lead a data-driven Unsecured Credit strategy
* To provide input into credit client experience through improved processes and product value proposition.
**Key Tasks & Accountabilities:
** *Strategic Input*
* Provide specialist input (observations made through analysing data relating to activities across the credit life cycle) to inform Managerial decision making as well as the Unsecured Credit strategy.
* Provide specialist input and suggestions to Head: Unsecured Lending, in order to enhance the functioning of the Unsecured Credit Portfolio.
* Align Unsecured Credit solutions and policies to the strategic objectives of the business (Department, Division, and the Bank as a whole).
* Apply specialist knowledge to identify, flag and mitigate risks relating to Unsecured Credit and Lending.
* * *Identify Opportunities In Unsecured Credit Portfolio*
* Review internal credit reporting packs as well as weekly or monthly Credit Committee packs and identify:
* Improvements to how reporting is structured and delivered.
* Opportunities to change unsecured credit policies and products.

* Take responsibility to drive and coordinate the specification, internal prioritisation and presentation of ad-hoc analysis (in collaboration with data analysts).
* Maintain a good understanding and stay up to date with of unsecured credit market trends in order to:
* Interpret quarterly market share reports and competitor analysis done.
* Advise on how market trends will impact the operation of the Unsecured Credit Portfolio.
* Propose changes to Unsecured Credit products, features and policies, based on market trends and in line with the Bank's strategic objectives.

* Responsible to drive opportunities and changes identified to implementation, and act as a business owner while working with IT and other stakeholders.
*Unsecured Credit Policy Changes*
* Convert opportunities into credit policy changes that positively affect the Unsecured Credit product in a way that is measurable.
* Mature policy changes through collaborative interactions across relevant departments (finance, operations, marketing etc.):
* Take ownership of internal influencing and prioritisation of work required to prepare for sign-off.
* Keep track of credit policy changes as well as profit impact of each.

* Obtain sign off on policies at relevant bank committees (Credit Committee, ALCO etc.) through the preparation of documentation, presenting information and influencing stakeholders.
* Take ownership of the prioritisation and system implementation of policy changes, and influence the bank's delivery channels (e.g., Client Experience Delivery) in an objective manner to prioritise these changes.
* Responsible for the implementation of monitoring mechanisms for policy changes:

*
* Set up monitoring reports to track policy changes implementation and adoption.
* Illustrate how these changes impact the banks profit by reporting on actual vs. intended outcomes

*Unsecured Credit Client Experience *
* Incorporate feedback from operations and clients (e.g. complaints relating to Unsecured Credit products) with data driven analysis to formulate an understanding of the end-to-end unsecured credit client experience - in order to provide specialist input and suggest changes to improve the client's experience.
* Mature the proposed changes to client experience by obtaining buy-in from all necessary parties and mandated decision-making committees.
* Take ownership for the implementation of changes to the unsecured credit value proposition.
* * *Stakeholder Engagement *
* Engage with various stakeholders and teams across the ‘Product Maintenance and Improvement/development' life cycle and facilitate cooperation and collaboration in order to ensure the achievement of Unsecured Credit objectives.
* Work closely with stakeholders to provide specialist guidance and support relating to Unsecured Credit.
* Mentor and coach internal stakeholders on processes and requirements relating to Unsecured Credit, as well as their roles and responsibilities towards the Unsecured Lending Department.
*Qualifications: * Bachelor / Honours Degree in Commerce or Economic and Management Sciences

**Knowledge and Experience:
** *Knowledge*
* Analytics
* Scorecard building, modelling and portfolio management
* Understanding of scored lending / a volume book
* Understanding of the SME environment
* Financial Services Industry (retail or other)
* Basel II
* Credit Risk regulatory requirements
*Experience*
* 2 - 3 years working in an unsecured credit portfolio.
* Exposure to a data-driven culture / business environment.
* Proven experience in providing insights based on data analysis
*Ideal* *Knowledge*
* Banking
*Experience*
* 3+ years' experience in risk management of unsecured credit portfolio
*
Should you not receive a response from us within one week of your application, your application has unfortunately not been successful.

*You can visit our website for more vacancies: [www.wePlace.co.za](https://www.wePlace.co.za) / Facebook page @wePlace / LinkedIn [www.linkedin.com/company/wePlace/](https://www.linkedin.com/company/wePlace/)
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