Analyst Credit Risk CVM
Job Summary
Responsible for:
• optimal tracking and reporting of Risk Weighted Assets and Economic Capital to relevant Retail and Relationship Banking stakeholders
• testing data updates/impacts subsequent to any models’/strategy/Regulatory updates/changes; efficiently monitoring impacts to Risk Weighted Assets and communicating to relevant stakeholders.
• developing monitoring and tracking management information (MI) and developing reports to highlight trends to management within the Retail and Relationship Banking portfolios.
• monitoring governance as well as ensuring RDARR compliance relating to Risk Weighted Assets and Economic Capital for all Retail Business Units.
Job Description
Accountability: Analytics, Risk measurement and Monitoring
- Compile and maintain monthly reporting to Retail and Relationship Banking stakeholders in order to monitor performance; relating to RWA and EC.
- Ensure a clear understanding of the analysis of RWA and EC components and processes.
- Analyse complex data/information from various sources e.g. SAS/Hadoop data sets, compass reporting system to make a calculated decision.
- Liasing with relevant business units in order to ensure understanding of underlying reasons for movements in the RWA and EC i.e. portfolio specific events that cause adhoc movements.
- Continuously identify and monitor trends and, when and where necessary, share the information with the necessary business unit.
- Provide the Retail Business units with appropriate support to ensure improved understanding and, therefore, reporting of RWA and EC metrics.
- Highlight and provide suggested improvements/enhancements to existing BAU reporting (within the Risk Measurement team).
- Ensure continuous improvement in all processes carried out in the Risk Measurement (Capital) team.
- Measure the actual figures against the relevant forecasting plan that is being reported against e.g. RAF/STP/MTP.
- Take corrective measures on deviations from policies and procedures as identified by an auditing process.
- Adhere to all RDARR compliance and procedural requirements on an on-going basis.
- Monitor and be aware of any Regulatory changes/updates.
Accountability: Relationship and Stakeholder Management
- Develop and maintain relations with relevant stakeholders.
Accountability: Personal Development
- Comply with Human Resource policies and governance by means of Employee Self-Service.
- Ensure that an agreed personal development (PD) plan is in place to enhance own performance and development.
- Complete all compulsory training and attestations.
- Create a climate conducive for sustainable employee engagement, i.e. participating in the Employee opinion survey.
Education
Bachelor`s Degrees and Advanced Diplomas: Physical, Mathematical, Computer and Life Sciences (Required)
Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised
