Collections Strategy Manager: Credit Risk

Johannesburg, Gauteng, South Africa

Job Description


Empowering Africaxe2x80x99s tomorrow, togetherxe2x80xa6one story at a time.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 To provide complex specialist advice and support in practice formulation and associated best practice improvement tactics; enabling the provision of specialist risk product expertise.Risk Management:

  • Identify, analyze, and mitigate risks associated with the debt portfolio.
  • Develop and implement risk management strategies to protect the portfolio from adverse market conditions.
  • Stay updated on regulatory changes and industry best practices related to debt management.
Debt Review:
  • Perform detailed analysis of individual debt cases to assess financial health and risk.
  • Work with borrowers to review and restructure debt terms as necessary.
  • Ensure timely and accurate documentation of all debt review activities and decisions.
Portfolio Management:
  • Manage a portfolio of debt-related assets, including loans, bonds, and other fixed-income securities.
  • Monitor the performance of the portfolio and implement strategies to optimize returns and mitigate risks.
  • Conduct regular reviews and assessments of the portfolio to ensure compliance with financial regulations and company policies.
Reporting and Analysis:
  • Prepare and present regular reports on portfolio performance, risk assessments, and market trends.
  • Conduct financial analysis to support decision-making and strategy development.
  • Use financial models and tools to forecast portfolio performance and evaluate potential investments.
Qualifications:
  • Bachelorxe2x80x99s degree in Legal, Finance, Economics, Business Administration, or a related field
  • Proven experience in debt portfolio management, financial analysis, or a related field.
  • Strong understanding of debt markets, financial instruments, and risk management principles.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Proficiency in financial modeling and use of financial management software.
  • Strong communication and interpersonal skills, with the ability to work effectively with diverse stakeholders.
EducationBachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (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

Absa

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Job Detail

  • Job Id
    JD1339727
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned