Qries

Head of Risk Measurement and Credit Analysis Employment Opportunity – ABSA Group (Formerly Barclays Bank UK)

Organisation: ABSA
Group (Formerly Barclays Bank UK)
Duty Station: Kampala,
Uganda
Reports to: Head,
Wholesale Credit
About US:
Absa Group Limited,
formerly Barclays Africa Group Limited, and originally Amalgamated Banks of
South Africa, is an African based financial services group, offering personal
and business banking, credit cards, corporate and investment banking, wealth
and investment management as well as bancassurance. It is the majority
shareholder of 11 banks spanning Botswana, Ghana, Kenya, Mauritius, Mozambique,
Seychelles, South Africa, Tanzania (two entities), Uganda and Zambia, with a
further two representative offices in Namibia and Nigeria. It also has an
international office in London, which opened in September 2018.
Key Duties and Responsibilities: 
Credit Risk
Measurement & Analytics (70%)
  • Portfolio, Risk Appetite and Performance Management consistent with
    Business Strategy
  • Responsible for the timely development and maintenance of accurate
    management information and the analysis of available information wholesale
    credit risk team hierarchy. Use this knowledge to shape and drive business
    strategy and inform strategic decisions.
  • Prepare and coordinate Portfolio Quality Reviews, Board Risk
    Management Committee and Watch list and Impairment Debt presentations to
    facilitate a regular review of business-level portfolio MI and to ensure
    high-level oversight is maintained at both a Local and Central level.
  • Work in partnership with Wholesale Credit risk leadership and other
    relevant stakeholders to develop plans (MTP/STP) with clear articulation
    of the planned credit risk position and a strategy commensurate with its
    delivery.
  • Ensure sufficient dialogue between front office, product, finance
    and credit risk such that the performance of new business recruitment
    remains aligned with Medium Term Plan (MTP) aspirations.
  • Support the stress testing activities including reporting to the
    regulators
  • Utilise statistically based tools to drive process improvements and
    performance of the wholesale credit risk team. Work in collaboration with
    wholesale credit risk leadership to deliver improved productivity,
    turn-around times (TATs), quality of output and consequent improvement in
    service delivery.
  • Establish, measure and review Concentration risk by identifying and
    aggregating obligor risks across these concentration parameters, and
    controlled by setting maximum concentration limits across obligors and
    portfolios.
  • Identify and act on opportunities for synergies across the
    organisation. Drive cross-functional engagements to deliver process
    transformation. Ensure the right stakeholders are involved in the
    discussions to transform the identified processes.
  • Work in collaboration with Wholesale Credit risk leadership to
    ensure that the overall portfolio is within the allocated risk appetite.
  • Use management info to ensure all business system records are
    checked for accuracy and are up-to-date at all times.
  • Collaborate with Head of Wholesale Credit to ensure team costs are
    handled within agreed budgets
Model Development,
Implementation and Validation
  • End-to-End Validation of approved models in collaboration with key
    stakeholders (internal/external)
  • Ensure up-to-date local and global market and industry data on business
    processes is maintained, to aid in advising the business on best processes
    and model validation for adoption.
  • Establish and maintain robust systems architecture, including IT
    systems, data gathering, data quality, process governance, data storage and
    data reporting methods is critical for effective credit risk management
Impairment
Management & Reporting
  • Adherence to Wholesale Impairment/IFRS requirements and forecasting
    guidelines and correct EWL categorisation, including the use of core
    impairment where the full position, in the short term is unclear. Any
    changes to the Impairment Allowances must be considered in accordance with
    the Group Impairment and Provisioning Policy
  • Clear rationale set-out for potential impairment forecast,
    appropriate probability level, quarter forecast and clearly identified
    triggers to escalate potential impairment.
  • The monthly submission of the country Impairment charge must be
    submitted to the relevant stakeholders within agreed business process
    timelines and in an accurate format.
  • The monthly Forbearance submission must be completed and sent to the
    BS&R Central Team within agreed business process timelines and in an
    accurate format.
Design and review
country impairment assumptions matrix in partnership with Business
  • Support/Specialised Asset Management Team to ensure a consistent
    approach is used within the country for the assessment of the key
    subjective elements within the impairment calculation. The Matrix should
    be updated at least every 12 months with the updated version sent to the
    Business Support/Specialised Asset Management Central Team for sign off
    and agreement. The Matrix should reflect the current actual experience in
    terms of periods to realise, appropriate discounts etc.
Credit Sanctioning:
30%
  • Exercise and ensure the highest standard of credit quality through
    the structure, sanctioning, monitoring and control of credit applications.
    Maintenance of these standards both personally and as part of the
    Corporate Credit Team.
  • Perform control responsibilities in a reliable, robust and cost
    competitive manner



Qualifications, Skills and Experience:
  • The ideal candidate for the ABSA Group Head of Risk Measurement and
    Credit Analysis job should hold an appropriate University with preference
    for at least a Bachelor degree in economics, business, statistics,
    econometrics, mathematics, actuarial science or other quantitative fields.
    Higher degree will be an advantage.
  • At least five (5) years business analysis/business consulting
    experience or Master’s degree.
  • Energetic and highly motivated
  • Keen team player
  • Ability to assimilate new information and quickly adapt new
    environment.
  • Self-starter who naturally assumes ownership of initiatives
  • Passionate about data analysis and how this contributes to the
    business
Competencies:
  • Proficiency in development of statistically based tools to drive
    process improvements and performance of the wholesale credit risk team.
    Work in collaboration with wholesale credit risk leadership to deliver
    improved productivity, turn-around times (TATs), quality of output and
    consequent improvement in service delivery.
  • Analytical and evaluation skills
  • Business communication and interpersonal skills
  • End-to-End validation of credit risk measurement models
  • Management of Stakeholder Relationships
  • Proficient in MS Office (Word, Excel, PowerPoint, Access and
    Outlook)
  • Proven Wholesale Credit Risk Assessment Skills (Business, Financial
    and Lending Analysis) is an added advantage.
  • Self-starter with excellent time management and planning skills.



Skills
  • Proficient in MS Office (Word, Excel, PowerPoint, Access and
    Outlook)
  • Is able and willing to challenge the status quo to champion radical
    innovations to drive and grow business performance.
  • Is able to create an environment where new ideas and innovations are
    routinely generated.
  • Ability to use concepts, models and other people’s ideas to generate
    true innovations.
  • Ability to assess a test the practicality and impact of new ideas
    and innovations and question how these will make it easier to do business
    with us.
  • Is able to take ownership of continuous improvement and put new
    ideas/innovations into practice.
  • Ability to communicate effectively with highly diverse audiences, in
    a variety of situations. Should be able to create clarity and shared
    understanding, even where the situation or information is highly complex.
  • Ability to build and develop strategically significant commercial
    and business relationships with key customers, partners and other key
    people and organizations.
  • Understands local and global regulatory requirements and is aware of
    market environment & practices that may affect business performance,
    model quality or applicability.
  • Understands strategic and financial concepts and models and is able
    to apply them to understand the drivers of business performance.
  • Ability to understand and interpret what is happening and could
    happen in the economic, political and global financial services
    environments. Should be able to use this knowledge to shape and drive
    business strategy and inform strategic decisions.
  • Ability to identify and act on opportunities for synergies across
    the organisation.
     
How to Apply:
All candidates who
wish to join the ABSA Group in the aforementioned capacity should apply online
at the link below.
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