Personal Banking Portfolio Analyst at Stanbic IBTC Bank

Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa's financial system for 150 years, and now spans 16 countries across the African continent.

Effective risk management is fundamental to the business activities of the Standard Bank Group (group). While we remain committed to increasing shareholder value by developing and growing our business within our broad determined risk appetite, we are mindful of achieving this objective in line with the interests of all stakeholders.

We are recruiting to fill the vacant position of:

Job Title: Personal Banking Portfolio Analyst

Job ID: 12616
Location: Lagos

Position Description
To provide deeper insight into the PB portfolio via use of financial models and advanced analytics which protect and unlock value in the portfolio.

Key Responsibilities / Accountabilities

• Development and maintenance of financial models to provide deeper insight into the portfolio.
• Provision of in-depth data analysis, trending, forecasting and reporting to provide meaningful management information to be used in the day to day decision making process.
• Monitor, analyse and report on any underlying reasons for changes and shifts identified in the portfolio financials and facilitate understanding of this to key stakeholders.
• Provide analytical support to the centre portfolio team on a routine and ad-hoc basis with the view to finding patterns in data to explain portfolio performance trends.
• Assist with ad-hoc requests, risk appetite and product papers for parent country as well as other regional countries where necessary.
• Provide accurate and timely routine periodic portfolio reporting packs at agreed frequencies.
• Good understanding of the business needs and strategies.
• Constantly challenge established thinking and facilitate improvements in systems and processes.
• Make recommendations on an on-going basis on the Risk Appetite

Success Indicators

• Accurate and timely data analysis to identify variances and inconsistencies,
• Development of models to perform:
  • Loss forecasting using single and multiple variables,
  • Champion Challenger
  • Cohorts Analysis
  • Flow Rates Analysis
  • Trend Analysis
• Understanding of key credit budgets and business rules within country as well as Africa Credit.
• Monthly budget and forecasting and identification of trends within portfolios and countries.
• Complete and present accurate analysis of results and make robust recommendations to the Portfolio Manager, Head PBB Credit and Business Head on findings.

Key Performance Measures

• Providing meaningful answers that assist in insight generation to questions
  • “What is the face of my NPLs”,
  • “Why are we taking on too much/little risk in the portfolio”
  • “What are the lead indicators of Pre-NPLs in the portfolio”
• Profitability of the portfolio as reflected in optimal returns achieved on the portfolio comparative to the risk the Bank is undertaking.
• Improved decision making capability for strategic decisions on the portfolio by using a fact based and hypothesis driven approach.
• Decrease in credit losses due to early detection.
• Effectiveness and functionality of scorecards.
• Accuracy, timeliness, effectiveness, robustness, granularity and predictiveness of portfolio reports.
• Accuracy of the analysis prepared for and used by the Portfolio Managers.
• Portfolio performance as reflected by key triggers including NPL as a % of total portfolio, pre-NPLs as a % of total portfolio, provision adequacy, credit loss ratio, cost of credit, margin cover, etc.
• Level of support to portfolio growth as reflected in enhancements to product parameters, campaigns, test and learn initiatives, etc.
• Operation of portfolio within agreed Risk Appetite as reflected in averting of risk appetite breaches, and prompt regularization of same where they occur.

Required Skills and Qualifications

Key Skills, Knowledge, Experience and Personal Compentencies

Skills

• SAS required
• Familiarity with COGNOS, PAS, Finacle CRM, Finacle Core, CACS, PROBE systems.
• MS Office skills essential (Excel, Access, Power Point, MS Word)
• Numeracy: Is good with numerical data, operates on facts, and enjoys assessing and measuring, with a high degree of accuracy.
• Ability to convey factual information clearly.
• Ability to plan and prioritize activities within allocated time frames and perseveres with routines.
• Attention to Detail: Methodical and organized, conscientious, accurate, thorough and committed.
• Analytical: Identifies and analyses patterns and trends, identifies relationships and issues
• Resourceful: Displays practical ingenuity and is skilled at devising practical solutions independently.
• Team player and team orientated.
• Excellent planning, organizing and execution skills.
• Good verbal and written communication skills.
• Ability to apply oneself diligently and work with minimal supervision.
• Potential and willingness to undertake increased responsibilities as demands increase.
• Identify and provide innovative design solutions.
• Planning and decision making.

Knowledge

• Reflects and understanding of and the ability to apply basic financial concepts in developing management information.
• Model development.
• Must be comfortable in starting with a “blank sheet of paper”.

Experience

• 3 years experience as a Portfolio Analyst or related data analytical role.

Core Personal Compentencies

• Strong analytical, problem solving and conceptual thinking skills essential.
• Ability to apply statistical and mathematical models and methodology.
• Explain complex statistical information
• Good planning and organizational skills.
• Must be a team player with a positive attitude.
• Strong verbal and written communication skills.
• Must be able to work to and manage deadlines.
• Attention to detail and commitment to delivery.
• Ability to extract data from systems and analyse information retrieved.
• Quality control of output data
• Compilation of reports based on information retrieved and analyzed.
• Self management

Required Competencies
Problem Solving, Planning And Decision Making

Problem Solving

• Understands the implications of recognised issues, problems or opportunities and is able to respond appropriately on the information.
• Applies existing business unit/area specific processes and procedures to solve operational problems/meet clients needs.
• Reflects high levels of alertness, accuracy and attention to detail.
• Thinks before acting and able to identify multiple options and ways of doing things.
• Ability to use a combination of systems thinking, root cause analysis and hypothesis based analysis to assist in the development of fact bases.

Planning

• Proactively ensures that reporting requirements are met.
• Detects and evaluates shifts or changes in key risk parameters in a business relationship or industry and evaluates the implications of such changes on continued business dealings.
• Demonstrates an expert ability to systematically use information to identify the sources of risk, sift through the detail and estimate the risk. Analyses and explores risk scenarios of both a routine and complex nature.
• Understands the clients' viewpoints and takes them into consideration during solution creation and implementation.
• Ensures a high standard of verbal and written communication skills in management reporting and systems/procedural documentation.
• Required to interpret, analyse, evaluate and formulate plans based on information from a number of sources. Typically, there is no right answer and a relatively indeterminate amount of risk.

Decision Making

• Keeps abreast with current events, changing trends, business drivers and best practices impacting the Financial Markets, Standard Bank and their Business Unit so that the most appropriate model is used.
• Identifying and implementing change through research of new concepts and evaluation techniques.
• Consider all the facts, options and possible outcomes prior to producing analysis.
• Quick to act upon potential opportunities and take the initiative to illustrate ways of how we can improve business.

Application Closing Date
13th May, 2014

Method of Application
Interested and qualified candidates should:
Click here to apply online