Regional Manager Impairments: Credit Risk

Overview

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.

To oversee the ARO Retail monthly Expected Credit Loss calculations and the management of period end reporting and administration of the governance forums. To co-ordinate, review and challenge and interlock on impairments the ARO Retail’s integrated planning process (Short & Medium-Term Planning & Risk Adjusted Forecasts).

Impairments:

• Establish monthly ECL Estimates as per the IFRS9 standard and the Group’s retail impairment policy across all ARO Retail and SME products through independent and collaborative efforts with ARO countries.
• Ensure impairments parameters (PDs, LGDs, EADs, Discount rate, macro factors, and coverage ratios) are refreshed as per the agreed timetable.
• Support ARO Retail Risk, Finance and Business stakeholders by communicating final impairment numbers on a monthly basis
• Support ARO Retail Risk, Finance & Business stakeholders by resolving impairment related queries.

Establish an appropriate forum for the consideration of impairment management information (MI) with all subsequent actions appropriately identified, documented and implemented.

• Plan, co-ordinate and prioritize projects/initiatives within specific environments and ensure regular feedback to stakeholders as well as status of projects are communicated.
• Ensure compliance to prescribed policy by liaising with Group’s policy and technical accounting.
• Understand collection’s strategies and impact on the portfolio and recommend changes where necessary by engaging respective collections teams
• Ensure the proper governance, control and independent validation of management adjustments that are used as model over/underlays

• Enable analytics and a deep understanding of the portfolio that allows for prompt and complete response to queries raised by key stakeholders.
• Manage Ad-hoc queries within the monthly cycle of deliverables given the monthly reporting timelines for delivery through applicable and available resources.
• Identify MI shortfalls and drive for inclusion with the data team to enable robust and improving portfolio analytics.
• Oversee/review the reporting function of the ARO Retail portfolios to ensure consistent and accurate data with insightful and robust commentary.
• Engage across the ARO countries to ensure consistent reporting definitions.

• Challenge models to be best in class
• Identify, analyze and drive issues with modelling and implementation teams
• Develop an understanding of data and make recommendations to resolve data integrity issues
• Contribute to model governance process, data management and integrity. Validate performance existing IFRS9 models and recommend changes or enhance where applicable.

• Ensure delivery of business goals by aligning Performance Development (PD) Plans of direct reports to the business goals.
• Instill a performance development culture through directing performance development process and adhering to PD Calendar.
• Proactively identify development gaps of direct report and assist shape development plans.
• With assistance from HR Business Partner attract and retain talent and build succession plans

• Liaise and engage with various internal Stakeholders (e.g., ARO in-country risk teams, ARO Exco, Business Exco, IT) to secure their respective support.
• Secure support from MI, Business & Finance teams, in-country risk teams deliver accurate and robust MI and Impairments (analysis and figures).

• Test and audit the implementation of models, MI and processes and provide reports to governance committees to ensure that ECL estimates, and policies are compliant with the Group’s policies.
• Attend the Bank Forums to seek out and share best practices.
• Ensure that there is compliance with all internal policies and procedures in the…