Credit and Risk Analyst

Lets Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

Minimum Requirements:

• Namibian Citizen.
• 3 - 4 years in a credit risk environment in the Banking, Credit or Finance sector.
• Degree in Economics, Finance, Quantitative Finance, Actuarial Sciences, Statistics or Financial Mathematics.
• Good understanding of credit risk concepts such as: Economic capital, Expected Loss, PD’s and LGD.
• Understand the drivers of credit risk across diverse lending portfolios.
• Proficient in data analytics utilising respective tools like SQL, R, Python etc.
• Advanced Microsoft Excel skills.
• Computer literate.
• Good interpersonal communication skills.
• Excellent numerical ability.
• Excellent Time Management skills.
• Ability to work under pressure.
• Strong team player.

Job Description:

Credit Risk Management & Compliance:

• Identify, monitor, and assess credit-related risks and other risks the business is exposed to.
• Ensure credit approvals comply with the relevant lending framework and applicable legislation.
• Conduct in-depth credit assessments of new and existing employers.
• Maintain and update Employer, Risk & Compliance databases.

Reporting & Communication:

• Design and implement automated reporting tools and dashboards to streamline data reporting and enhance the timeliness of information delivery.
• Perform ad-hoc, monthly, and quarterly credit-related reporting to Management.
• Assist in the preparation of regulatory reports, ensuring compliance with relevant data reporting requirements specific to microlending.
• Engage with external service providers to ensure appropriate levels of best practice benchmarking and model review.
• Conduct market intelligence and provide recommendations to Management.
• Provide training and support to stakeholders on compliance and the interpretation of data report

Data Analysis & Modelling:

• Extract, clean, and transform large datasets from various sources to support credit risk analysis and decision-making processes.
• Perform complex credit modelling calculations, including predictive models to assess borrower behaviour, predict loan performance, and identify potential default risks.
• Continuously research and assess new processes for model development and enhancement.
• Analyse borrower segments to identify opportunities for targeted marketing, risk management strategies, and product development.
• Perform in-depth portfolio analysis to identify trends, anomalies, and areas of concern, providing actionable insights to management.
• Ensure the accuracy and integrity of data by conducting regular data audits, validation checks, and quality control measures.
• Utilize statistical techniques to perform hypothesis testing, trend analysis, and other advanced data analysis tasks that inform strategic decisions.

Collaboration & Support:

• Provide support to the Operations, Collections & Sales Team.
• Collaborate effectively with internal stakeholders to achieve personal and business-wide results.
• Communicate effectively with internal stakeholders to ensure alignment and coordination across departments.

Prepare economic, financial, or statistical research and analysis for use in the development of business strategies and tactics. Has excellent theoretical and practical knowledge of different financial and analytical techniques, and the capability to plan own work and meet deadlines.

Responsibilities

Business Case

Contribute information and analysis to support the development and review of business cases.

Economic Research

Support others by carrying out a range of economic research activities.

Financial Modeling

Provide basic financial modeling input into business cases, costs, and schedules to support growth in the business.

Insights and Reporting

Extract simple/automatic data in various forms (graphs, charts, etc.) to include in reports.

Data Collection and Analysis

Extract relevant data from information provided by others, and input it into spreadsheets or standard formats.

Financial Policies, Guidelines, and Protocols

Support the development and delivery of financial policies, guidelines, and protocols to ensure the company complies with regulations and good financial practice.

Recommendations

Provide information and clarification on existing procedures, processes, and precedents.

Data Management

Support others by working on a variety of data management tasks.

Information and Business Advice

Resolve queries from internal or external customers or suppliers by providing information on policies and/or procedures, referring complex issues to others.

Personal Capability Building

Develop and maintain excellent process or technical skills by participating in assessment and development planning activities as well as formal and informal training and coaching.

Skills

Accounting, Action Planning, Analytical Thinking, Budget Management, Computer Literacy, Data Analysis, Database Reporting, Data Classification, Data Compilation, Data Controls, Data Encoding, Data Modeling, Evaluating Information, Numerical Aptitude, Solution Analysis

Competencies

Business Insight

Collaborates

Ensures Accountability

Financial Acumen

Manages Complexity

Nimble Learning

Optimizes Work Processes

Plans and Aligns

Education

NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent

Closing Date

24 April 2025 , 23:59

The Old Mutual Story!