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Collections Strategy Analyst
Absa Bank
South Africa, Johannesburg
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Collections Strategy Analyst Apply remote type: Hybrid Location: Johannesburg Time type: Full time Posted on: Posted 2 Days Ago Job requisition ID: R-15967454 Empowering Africa’s tomorrow, together…one 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 The collections and debt review team is the last line of defence in the credit risk value chain. To support the outperformance ambition of Everyday Banking, collections analysts are expected to demonstrate excellent understanding of risk management, data analytics and collections strategy. Job Description Collections Strategy Management: Demonstrate in-depth understanding of the portfolio Clear understanding of collections and impairments, and the drivers thereof Clear understanding of the documented strategy and policy within the portfolio Conduct quality credit risk assessments and reviews for all BAU processes and strategy Proactively manage credit risks associated with clients Design and develop data driven collections strategies by identifying gaps, providing solutions, and aligning to overall portfolio strategy Embed enhancements to collections strategies through rigorous research and interrogation of data Data and Systems Management: Drive ownership of BAU, Ad-Hoc, and automated processes Produce and analyse relevant management information and insights within stipulated SLA Perform quality data analysis and data processing techniques (i.e., sourcing, cleaning, analysing, validation and consolidating large data sets utilising strong SAS skills and identifying anomalies/trends) Governance: Adhere to the bank's credit risk policies and all relevant legislation Support end-to-end audit and governance processes Keep abreast with regulatory changes as it relates to collections Align to BU and industry best practices Understand, investigate, and provide thorough feedback on exceptions Customer and stakeholder management: Presentation of analytical results and proposals to both technical and non-technical audiences. Soft Skills: Communicate effectively with all stakeholders Conduct oneself professionally Manage time and workload Education: BSC, BMI, Actuarial, Statistics and similar Bachelor'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. About Us Truly African We are a diversified standalone African financial services group, delivering an integrated set of products and services across personal and business banking, corporate and investment banking, wealth, investment management and insurance. Absa Group Limited is listed on the JSE and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 41,000 employees. We own majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, the Seychelles, South Africa, Tanzania (ABSA Bank in Tanzania and National Bank of Commerce), Uganda and Zambia. We also have representative offices in Namibia and Nigeria, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia. #J-18808-Ljbffr
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