Models, Analytics and Impairment Manager

Job Summary

To operate as a member of a team of MI Analysts, but with specific responsibility for:

• Management information, including production of internal and external periodic returns, data completeness and integrity.
• Analyse cards & Loans portfolio Performance and Liability accounts and identify any underlying risk segments.
• Assist to drive the performance of Collections & Recoveries through relevant, complete and timely management information to support assessment of performance and effectiveness.
• Perform any other responsibilities that may be assigned by the team leadership.

Job Description

Main accountabilities and approximate time split

Portfolio Monitoring & Reporting: 80%

• Produce complete, relevant and timely portfolio MI - Ensure Business MI requirements are approved and data provided on a regular basis to senior management.
• Ensure regular monitoring of actual performance of all new products, propositions, processes and channels involving credit risk such that significant performance variance, compared with prior expectations are identified and addressed through management actions in a timely manner.
• Ensure MI reported to Group is consistent using defined metric definitions. For local MI ensure clear understanding of definitions and metrics used.
• Prepare key MI presentations to senior management and make recommendations based on identified trends.
• Assist in the design and improvement of spreadsheets and databases for use within the team.
• Ensure robust assessment of performance of Collections & Recoveries, supported by relevant, complete and timely management information.
• Support the growth of business by creating best leads for top-up and X-sell campaigns, line increase, authorization & renewal strategies

Retail Impairment: 10%

• Calculate Impairment requirements & ensure appropriate approvals are obtained for impairment stock and charge figures
• Ensure business is provided with reliable analytics to allow risk-based collections & recoveries strategies to improve PD & LGD rates. (optimal cure rates/cash collected and, where appropriate, including the use of scorecards)
• Regularly calculate reasonable Collections target bucket balances & recoveries required to meet STP stretch target and monitor performance against targets.

Controls: 10%

• Ensure adherence to standards on Retention, Security and Confidentiality & Recovery of risk data as per Group policies.
• Ensure data quality processes are embedded into Business as Usual (BAU) activity.
• Ensure Accuracy of the financial inputs to the impairments models and accuracy of the impairment figures in the financials.

Risk & Control Objective

• 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 Barclay’s policies and procedures applicable to own role, demonstrating sound judgement and responsible risk management.
• Report 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.
• All mandatory training completed to deadline

Technical skills / Competencies

• Good knowledge of the Bank’s systems and various sources of data
• Some knowledge of credit analysis & statistical analysis techniques.

Personal Attributes & Skills required for the role:

• Managing relationships.
• Personal Organisation.
• Information gathering.
• Communication skills.
• Numeracy skills.
• Analytical skills.

Absa Values

Absa Values and Behaviors represent the set of standards that governs the actions of all of us who work for the bank and against which the performance of every one of us in Absa is being assessed and rewarded:

• Trust
• Resourceful
• Inclusion
• Courage
• Stewardship

Education

• Bachelor`s Degrees and Advanced Diplomas: Physical, Mathematical, Computer and Life Sciences (Required)