Let's Write Africa's Story Together!
Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.
Job Description
- Lead the strategic development of Old Mutual Finance collection’s function and think strategically about how to improve, optimise, and expand it to meet the goals and objectives of the business.
- Designs, constructs and documents appropriate models and strategies across the collection’s life cycle including implementation and monitoring.
- Analyse portfolio-level information to identify and monitor key risk factors, and root-cause, and develop proposed solutions.
- Target forecasting and collections scorecards - build and review monthly targets and tracking and analysis. Collaborate with BI data team to ensure that dashboards are properly rolled out in Active Collections and that data and reporting are relevant and fit for purpose.
- Contribute positively toward effective monthly collections percentage by providing up-to-date analysis and reporting and strategic guidance to ensure consistent increase in the overall collections book.
- Management of daily, weekly, and monthly performance reports and presentations
- Provides day-to-day analytical assistance across multiple stakeholders and projects.
- Recommend and implement appropriate champion/challenger strategies to continually “test and learn” to improve portfolio profitability.
- Assist operations to achieve better collections and recovery results by integrating models and data-driven approaches into operational processes.
- Ensure the efficiency of resources by providing a strategic campaign plan to optimise the effective use of all existing tools.
- Mentor and guide Junior Analysts and Graduates, fostering their professional growth and enhancing their analytical skills through training, knowledge sharing, and encouraging a culture of continuous learning and improvement.
KEY REQUIREMENTS
- Bachelor’s degree: a numerical degree in statistics, computer science, engineering, mathematics, actuarial science, or related field.
- At least 5 years of advanced analytics experience within credit risk and/or collections strategies management.
- Analytical software: good knowledge of SQL compulsory (R and/or Python) or other leading statistical software, i.e., Tableau or PowerBI.
- Proficient in Excel, Word, and PowerPoint
Responsible for complex modelling calculations and analysis. Designs, constructs and documents appropriate models across the organisation. Continuously researches and assesses new processes for model development and enhancement
ResponsibilitiesData Collection and Analysis
Use data from a wide range of sources to analyze key themes and identify possible impacts on the business.
Data Exploration
Conduct research and select relevant information to enable analysis of key themes and trends using primary data sources and business intelligence tools.
Advanced and Predictive Analytics
Run advanced and predictive analyses and perform model assessments, validation, and enhancement activities, using predictive analytics' software tools and functionalities.
Risk Scenario Modeling
Analyze, assess, and quantify the risks associated with products, individual applications, business activities, and the market to determine whether any risk is within the agreed risk appetite. Undertake tactical risk modeling.
Insights and Reporting
Prepare and coordinate the completion of various data and analytics reports.
Information and Business Advice
Provide specialist advice on the interpretation and application of policies and procedures, resolving queries and issues and referring very complex or contentious issues to others.
Business Performance Metrics
Lead projects or area within the realm of business performance metrics involving identification, development, and tracking of key performance indicators.
Operational Compliance
Maintain and renew a deep knowledge and understanding of the organization's policies and procedures and of relevant regulatory codes and codes of conduct, and ensure own work adheres to required standards. Or identify, within the team, patterns of noncompliance with the organization's policies and procedures and with relevant regulatory codes and codes of conduct, taking appropriate action to report and resolve these and escalating issues as appropriate.
Personal Capability Building
Develop own capabilities by participating in assessment and development planning activities as well as formal and informal training and coaching; gain or maintain external professional accreditation, where relevant, to improve performance and fulfill personal potential. Maintain an in-depth understanding of technology, external regulation, and industry best practices through ongoing education, attending conferences, and reading specialist media.
Skills
Competencies
Business InsightCultivates InnovationManages ComplexityOptimizes Work ProcessesSituational AdaptabilityStrategic Mindset
Education
Closing Date
09 April 2025 , 23:59
The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.
The Old Mutual Story!
Top Skills
What We Do
Old Mutual Limited is a listed company on the Johannesburg Stock Exchange and has secondary listings on the London, Malawi, Namibia and Zimbabwe stock exchanges. As a Pan-African financial services company, we are focused on Africa, her needs and her people.
Together with you, we have educated our children, given more homes warmth and light, empowered small businesses and improved infrastructure in Africa. Our story will continue #WithAfricaForAfrica