Senior Manager: Acquisition and Pricing

2023-10-21

Description

Bring your possibility to life! Define your career with us 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 Responsible for leading and mentoring a team to develop acquisition strategies for Absa Vehicle and Asset Finance using data analysis and predictive modelling techniques. Monitor and influence the effectiveness of the end-to-end Credit Underwriting Strategy for AVAF. Job Description Develop and manage data driven strategies within the Retail Risk team | Sourcing, consolidating and analyzing large data sets, utilizing strong SAS skills and identifying anomalies/trends. | Liaising with relevant stakeholders, including Sales, IT, Front end & Collections Operations, Finance and other Risk teams. | Assist New Product Development with assessments related to product refinements. | Design, implement and monitor champion/challenger tests and analyse the test results in order to better understand customer sensitivity in a manner that allows for the long term strategy to be implemented. | Presentation of analytical results and proposals to both technical and non-technical audiences, providing commentary as required. | Strong quantitative, statistics and/or actuarial background with a track record of running with an entire project from conceptualization, to extraction of data, to formulating strategies and subsequent impacts of implementation | Produce strategy review documentation that shows the relevant performance of comparative acquisition and existing customer strategies. This needs to include approval rate, volume and risk related metrics. | Ensure that all strategies comply with ABSA credit risk policies and framework
Education 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

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