Jobs in Dar es Salaam Tanzania Absa Jobs in Dar es Salaam Manager, Mobile Lending And Analytics Jobs in Dar es Salaam at Absa Manager, Mobile Lending And Analytics Employment opportunities Absa




# Job Description


Bring your possibility to life! Define your career with us

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

The purpose of the function is to co-manage ABT virtual lending with JUMO and
Centre teams in growing quality Mobile banking credit extension compliments
Absa conventional retail customer value proposition CVP, and endeavors to
service customer needs across a broad spectrum and reaching traditionally
uneconomical retail segments without the need for a physical branch. In
collaboration with a Finetech JUMO and Mobile Network Operator Tigo, the
CVP delivers; a Cost effective attainment of financial inclusion through
virtual lending platform; b Improved balance sheet position through
attracting liquidity at a lower cost; c Expanded Absa digital CVP that
includes savings solution and reduced reliance on conventional customer
engagement touch point.

Job Description

To lead the Mobile Lending and Analytics function and take primary
accountability ensuring that quality mobile lending portfolio is achieved
while also providing analytical solutions/monitoring packs, MI, models,
profitability measurement and Impairments are managed effectively, aligned to
process compliance as per policy guidelines.

Manage development of JUMO MI and analytics required for all Retail Credit
Governance committees within country Assess virtual lending portfolio
profitability, growth and risks on an ongoing basis Ensure compliance with
Group Credit Policy, local banking regulations, agreed JUMO credit framework
and product plan. Co-ordinate and provide various inputs and responses on
overall impairments, forecasting, and analytics to stakeholders Fully
understand JUMO CVP construct, participate in development of credit score
validation, and models that measure customer credit risk profiles and match
these to product arrangements, with a view to optimize product profitability.
Ensure timely provision of fully reconciled loan loss allowance of JUMO credit
portfolio.

Time Management

Description

Mobile Lending – JUMO

Time split% 40%

Collaborate with Retail Credit, Retail, Finance, JUMO and Centre to ensure
optimal delivery of revenue and customer acquisitions targets Analyse the
trade-off between different drivers across the virtual lending product
lifecycle – pricing, volume, tenure, probability of default etc. – how this
relationship impacts overall revenue, asset quality, impairment and
profitability, portfolio strategies and to provide recommendations based on
the best way forward Undertake detailed credit analysis of mobile lending loan
portfolio by processing large volumes of data and converting it into accurate
information for decision making Analyse portfolios to identify pockets of risk
or opportunity and develop proactive strategies that assist in optimizing
revenue potential Assist with weekly/monthly portfolio meetings to drive JUMO
plans for ongoing and new initiatives between Country and Centre to ensure
they are within budget and on target Assist with forecasting of key portfolio
metrics as per operating Product Plans Manage the monthly impairment
processes, ensuring that adequate controls are maintained over impairment and
duly agreed by country and Centre Ensure that models are appropriate for the
business use and that they are monitored and tracked as per policy
Participation in continuous analysis, research and testing to assure
effectiveness of credit risk models and tools for both conventional and JUMO
credit CVPs. Provide input to annual product plan reviews and ensuring that
country observations are duly incorporated Coordinate quarterly and ad hoc
reviews that may precede Product Plan annual review Participate in visits to
Mobile Network Operator, JUMO and other prospective MNOs, and attend events
that may be relevant to mobile lending developments Have regular calls and
contact with JUMO and Centre senior managers to obtain understanding of mobile
lending business in order to enhance understand portfolio credit migration

Portfolio Analytics and Models Management

Time split% 30%

#

Consistently manage and timely deliver analytics support to minimise losses
and maximize profits through trend analysis, impairment analysis, account
management analysis, profitability analysis, stress testing, collections
strategies and loss reduction strategies Identify opportunities to reduce
loss, enhance revenue by building new rules & strategies, cross sell, up sell
models Identify new opportunities for enhancing, streamlining services through
use of advanced analytics, automation and optimization Use statistical tools
and techniques such as – forecasting, segmentation, predictive analytics etc.
to aggregate and analysis management information for decision making purpose
Evaluate projects from a business perspective and showcase analytics value add
across projects and different forums Ensure that both conventional and JUMO
models are well understood and working in collaboration with Group’s
Independent Validation Unit in respect of model development and validation
processes Participate, review and provide challenge in workday meetings to
establish month end impairments forecasts and understand impairment drivers
Ensure all modeling 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 timely delivery of IFRS 9 and prudential
standards impairments and other requirements Ensure efficient management of
responses to local and Group driven regulatory queries. Additionally, ensure
new regulatory requests are duly implemented and aligned with existing
requirements are Strong IFRS 9 subject matter, lending knowledge and credit
risk models PD, EAD, LGD, staging and ECL both in respect to development,
calibration, monitoring practices and downstream usage of modelled outputs by
Retail, Finance, Credit and Risk Ability to articulate trends and impact of
PDs, LGDs, EADs and ECLs in terms of modelling and non-modelling drivers of
the retail portfolio, and relate to macroeconomis, methodology and credit
policy Being able to articulate complex information in concise and structure
manner adjusted for audience ranging from technocrats to senior executives

Stakeholder Management Objectives 10%

Partner with Retail Banking units, Finance, Centre and other support functions
to develop and execute strategic plans Proactively communicate with
stakeholders within the Bank and Group on mobile lending credit issues.
Ensuring that sufficient actions are undertaken to resolve all control
weaknesses highlighted through the various credit risk reviews and audit
processes. Escalating significant events to Head Retail Credit Risk Working
with ABT Governance Risk Forums to develop assessment models for qualification
product related credit risk on mobile lending and impairment. Ensuring the
credit risk associated with new and changed products, services and processes
are duly assessed Working with various senior stakeholders across various
functions of Absa and Centre to provide insights of emerging risks and
portfolio developments Ably coping with rapidly evolving priorities, good
organization, logical thinking and problem solving Supporting Head of Retail
Credit facing off local and Centre senior management to ensure all queries are
resolved in a timely manner

Risk and Controls Objectives 10%

Manage risk and control effectively by applying applicable risk frameworks and
embedding a positive risk culture Understanding of own role in the end to end
processes in which you play a part, including applicable risks and controls.
Adhere to Absa’ policies and procedures applicable to own role, demonstrating
sound judgment and responsible risk management. Understand and manage risks
and risk events relevant to role. Ensure timely reporting of all risk events /
incidents / issues using the defined process for your business area and help
to understand why these happened and how to prevent them in future.
Proactively look for ways to improve the control environment by considering
what could go wrong in the processes you operate and how errors could be
prevented. Ensure personal and team members complete all mandatory training
timely

Leadership

Time split% 10%

Manage and sustain a highly motivated team of credit and model analysts
maintaining excellent relationships within own team and wider business to
ensure achievement of business goals Consider the training and development
needs of the team and support the development and implementation of solutions
Ensure effective performance development and succession planning for the team
Encourage frequent knowledge sharing between team members Conduct quarterly PD
discussions with team members according to PD guidelines Address poor
performance of any team member through a formal development programme and
ensure that continued poor performance is appropriately dealt with. Motivate
team members and ensure that their efforts are recognized.

Technical skills / Competencies

Qualifications

Accounting Concepts & Principles Credit, Risk Detection and Monitoring
Analytics and Modeling Knowledge of SAS, SQL and other statistical programming
languages Statistical background and skills Highly analytical mindset
Entrepreneurship Graduate in mathematics/statistics/economics/computer
science/engineering/accounting and finance

Knowledge, Expertise and Experience

Business Process Management and Develop customer internal/ external
orientation Relationship Management and Teamwork Financial Services Knowledge
and Absa Knowledge Expected credit loss models, Application and collections
score cards Flexibility & Adaptability and Innovative Approach Result
Orientation and Problem Solving Decision Making, Verbal and Written
Communication Systems Knowledge



Send your Application to









URL Link to Apply

[ **Submit your CV and Application on Company Website Click Here**
]https//absa.wd3.myworkdayjobs.com/en-US/ABSAcareersite/job/Absa-House---
ABT/Manager--Mobile-Lending-and-AnalyticsR-15920670

Closing Date 10th August, 2021.



Jobs in Dar es Salaam Tanzania Absa Jobs in Dar es Salaam Manager, Mobile Lending And Analytics Jobs in Dar es Salaam at Absa Manager, Mobile Lending And Analytics Employment opportunities Absa


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