Financial Risk Analyst at Commercial Bank of Africa Ltd (CBA)

DEPARTMENT: HEAD, FINANCIAL RISK MANAGEMENT-NEW BUSINESS VENTURES

REPORTS TO: NEW BUSINESS VENTURES

JOB PURPOSE STATEMENT

The Financial Risk Analyst role is portfolio specific, and is responsible for designing, developing, promoting and maintaining financial risk algorithms and models that measure customer credit risk profiles and match these to product arrangements, with a view to optimize profit. These financial risk models shall be applied to customer credit limit management, portfolio management and collections strategies.

The role is responsible for the credit risk performance of a specific portfolio; either retail or merchant, for the countries that the financial intermediation products may be offered by NBV.

KEY RESPONSIBILITIES

• Design and development of effective credit risk management models for all products and markets (20%)
• Execution and maintenance of these credit risk models to optimize profit (30%)
• Portfolio monitoring to identify trends and mitigation strategies to achieve target credit risk metrics (30%)
• Contribution to the product development and GTM strategies to assure that credit quality is integrated to product design and market communication (10%)
• Contribute to the development and evolution of collections strategies to assure that assure attainment of target conversion rates (10%)

COMPETENCE REQUIREMENTS

• Exceptional quantitative and statistical skills.
• Knowledge and experience in modern financial risk management practices to initiate and implement tactical changes to support business performance.
• Exceptional analytics and presentation skills to translate data into insights, insights into ideas.
• Interpersonal skills to effectively engage and influence stakeholder relationships.
• Able to communicate both orally and write to a high standard.
• Effective organizer and ability to execute complex simultaneous tasks.
• Ability to work independently, is self-directed and solutions oriented.
• Self-motivated, assertive and proactive.

QUALIFICATIONS AND EXPERIENCE REQUIREMENTS

• At least an undergraduate degree or its equivalent in Mathematics, Finance, Banking, Economics, Actuarial Science, Business Administration (with a major in Finance) or similar quantitative disciplines.
• Professional qualification in Finance or Risk Management e.g. CFA, FRICS, CPA,
• Experience with financial analysis and reporting
• Preferably 4 years of relevant professional experience in banking and/or finance, including at least 2 years performing in Financial Risk Management in a data intensive environment.
• Experience with R, SPSS or other statistical packages and office automation tools like MS Excel, MS Access at an advanced level.