Absa Bank
Posted Job
about 2 months ago

Mobile Lending and Analytics Manager

This listings application deadline has expired so it is probably out of date

View all jobs →

Job 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:

The purpose of the function is to co-manage Absa’s virtual lending with JUMO and Centre teams in growing quality Mobile banking credit extension compliments Absa’s conventional retail customer value proposition (CVP), and endeavours to service customer needs across a broad spectrum and reaching traditionally uneconomical retail segments without the need for a physical branch. In collaboration with a Finetech (JUMO) and Mobile Network Operator (MTN), the CVP delivers; a) Cost effective attainment of financial inclusion through virtual lending platform; b) Improved balance sheet position through attracting liquidity at a lower cost; c) Expanded Absa digital CVP that includes savings solution and reduced reliance on conventional customer engagement touch points

Job Description

Mobile Lending – JUMO Time split%: 40%

Collaborate with Retail Credit, Retail, Finance, JUMO and Centre to ensure optimal delivery of revenue and customer acquisitions targets Analyse the trade-off between different drivers across the virtual lending product lifecycle – pricing, volume, tenure, probability of default etc. – how this relationship impacts overall revenue, asset quality, impairment and profitability, portfolio strategies and to provide recommendations based on the best way forward Undertake detailed credit analysis of mobile lending loan portfolio by processing large volumes of data and converting it into accurate information for decision making Analyse portfolios to identify pockets of risk or opportunity and develop proactive strategies that assist in optimizing revenue potential Assist with weekly/monthly portfolio meetings to drive JUMO plans for ongoing and new initiatives between Country and Centre to ensure they are within budget and on target Assist with forecasting of key portfolio metrics as per operating Product Plans Manage the monthly impairment processes, ensuring that adequate controls are maintained over impairment and duly agreed by country and Centre Ensure that models are appropriate for the business use and that they are monitored and tracked as per policy Participation in continuous analysis, research and testing to assure effectiveness of credit risk models and tools for both conventional and JUMO credit CVPs. Provide input to annual product plan reviews and ensuring that country observations are duly incorporated Coordinate quarterly and ad hoc reviews that may precede Product Plan annual review Participate in visits to Mobile Network Operator, JUMO and other prospective MNOs, and attend events that may be relevant to mobile lending developments

Have regular calls and contact with JUMO and Centre senior managers to obtain understanding of mobile lending business in order to enhance understand portfolio credit migration

Portfolio Analytics and Models Management Time split%: 30%

Consistently manage and timely deliver analytics support to minimise losses and maximize profits through trend analysis, impairment analysis, account management analysis, profitability analysis, stress testing, collections strategies and loss reduction strategies Identify opportunities to reduce loss, enhance revenue by building new rules & strategies, cross sell, up sell models Identify new opportunities for enhancing, streamlining services through use of advanced analytics, automation and optimization Use statistical tools and techniques such as – forecasting, segmentation, predictive analytics etc. to aggregate and analysis management information for decision making purpose Evaluate projects from a business perspective and showcase analytics value add across projects and different forums Ensure that both conventional and JUMO models are well understood and working in collaboration with Group’s Independent Validation Unit in respect of model development and validation processes Participate, review and provide challenge in workday meetings to establish month end impairments forecasts and understand impairment drivers Ensure all modeling issues are pro-actively identified and addressed by regularly engaging with relevant stakeholders, for instance if model inputs appears to be missing or inaccurate, this need to be addressed and communicated to stakeholders Ensure timely delivery of IFRS 9 and prudential standards impairments and other requirements Ensure efficient management of responses to local and Group driven regulatory queries. Additionally, ensure new regulatory requests are duly implemented and aligned with existing requirements are Strong IFRS 9 subject matter, lending knowledge and credit risk models (PD, EAD, LGD, staging and ECL) both in respect to development, calibration, monitoring practices and downstream usage of modelled outputs by Retail, Finance, Credit and Risk Ability to articulate trends and impact of PDs, LGDs, EADs and ECLs in terms of modelling and non-modelling drivers of the retail portfolio, and relate to macroeconomist, methodology and credit policy Being able to articulate complex information in concise and structure manner adjusted for audience ranging from technocrats to senior executives


  • Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Method of Application

Submit your CV and application on company website:

You may be interested in...
Link Mining Suppliers
Link Mining Suppliers
Computers and Accessories
Ricoh R1270d  Toner Cartridge image
Buy on Shopbwana
Ricoh R1270d Toner Cartridge
Printing Materials
This Ricoh 1270D Genuine Toner Cartridge Black will produce sharp, professional, and crisp prints. It is specifically designed to work with Ricoh printers. Compatible with: MP-201SPF, MP-201F, Aficio 1515MF, MP-161F, MP-171SPF, MP-161SPF, Aficio 1515F, MP-161MP171F, Aficio 1515, MP-171 (1170D-S15-LD01
Umoyo Natural Health
Umoyo Natural Health
Vitamins, supplements and nutrition
Immuno Boost  Dietary Supplement 60 Tablets  image
Buy on Shopbwana
Immuno Boost Dietary Supplement 60 Tablets
Health Care Supplements
Sky Natural
For a natural boost that is always safe, give your immune system a fighting chance with IMMUNOboost. IMMUNOboost by Sky Natural Products is a 100% natural and holistic solution for when winter looms, boosting your immune system without any negative side effects. A must for any mothers with school-going children, young aspiring workers and the elderly, IMMUNOboost guards against highly infectious colds and flu in winter and stomach bugs in summer – helping to boost your body’s own immune cells. IMMUNOboost is also a stalwart ally in the fight against opportunistic infections for those suffering from long-term chronic diseases and especially immunocompromised people.
Umoyo Natural Health
Umoyo Natural Health
Natural health
Finger Millet Meal  Rich in Fibre High in Protein  2kg  image
Buy on Shopbwana
Shai's Finger Millet meal makes a great choice because it is rich in fibre high in protein and contains good carbohydrates that make a good meal for. Needs for a perfectly nutritious meal for the whole family.
Umoyo Natural Health
Umoyo Natural Health
Natural health
Cassava Meal  Gluten, Grain & Nut Free 2.5kg image
Buy on Shopbwana
Cassava Meal Gluten, Grain & Nut Free 2.5kg
Seeds & Grains Food
Shais Foods
As a tuberous root vegetable, cassava is gluten, grain and nut-free, as well as vegan, vegetarian and paleo. Shais Cassava Meal can also be used as a substitute for wheat flour and can be used to make starchy custards and puddings.
Umoyo Natural Health
Umoyo Natural Health
Vitamins, supplements and nutrition
Ionic Colloidal Silver Immune Support Liquid  Spray  100ml image
Buy on Shopbwana
Silverlab Ionic Colloidal Silver Liquid may assist with immunity, as an antimicrobial and anti-inflammatory agent and gastric problems. Silverlab Ionic Colloidal Silver Liquid can be taken as a daily dietary supplement, and also as a tonic to help strengthen the immune system to fight infection. It may act as the first line of defense against colds and flu.
GSY Construction Zambia Ltd image
GSY Construction Zambia Ltd
Mining enterprises
Commercial property
GSY Construction Zambia is offering for sale a beautiful piece of land on the left bank of the Zambezi River. The plot is also bordered by the Songwe River and the Chitumbwe River. This commercial property of 102.8230 Hectares is just 8 Kilometres from Livingstone Central Business District and not far from the famous Victoria Falls. It is ideal for a hotel, and a plan for such a development is available. Access to the area is via Kazungula Road. In addition this company is a mining enterprise registered with the Zambian International Trade & Investment Centre as well as the Zambia Extractive Industries Transparency Initiative Council. It is actively looking for suitable gold and copper mining companies to partner with.
Global Connect Travel Tours and Car Hire image
Global Connect Travel Tours and Car Hire
Car rentals
Tickets and Visas
Global Connect Travel Tours and Car Hire offers a wide range of tour packages. They specialise in creating and facilitating travel experiences that expand awareness, and give each person a true sense of the country and culture they are visiting. It offers a fleet of well maintained, air conditioned vehicles suitable for airport transfers and city transfers as well as safari vehicles. The dedicated travel and consultancy team are ready to offer quality and timely solutions.
Hamerkop Ventures
Property consultants
Haulage and Logistics
UNDER CONSTRUCTION///Founded in 2014, Hamerkop Ventures is headquartered in Lusaka, Zambia with interests in real estate, logistics, and software solutions. They are bullish on the local economy and Africa's growth prospects and confident in taking big bets on the future. Guided by this belief, this company commits itself to meeting the needs of its clients with exceptional professionalism and the highest quality standards. Their industry experts will listen to your needs and offer solutions that will meet your requirement. Get in touch with Hamerkop Ventures and find out how they can help you today!
Vetlab image
Water and sanitation consultants
Food safety and standards
To achieve optimal output from commercial animal production units, Vetlab offers a wide range of tests for monitoring the health of animals and the cleanliness of their environment. Tests include bacteriology, parasitology, water testing, analytical milk testing and feed nutritional testing. Other chemical, microbiological and diagnostic testing can also be carried out. Vetlab has a comprehensive range of lab consumables available for sale, and the company's highly skilled consultants provide food safety auditing and training services.
Woodlands Shopping Mall image
Woodlands Shopping Mall
Shopping centre and Showrooms
Commercial property
Woodlands Shopping Mall is a retail complex perfect for residents of Woodlands, Kabulonga, Prospect Hill and Ibex Hill in Lusaka. Access your favourite stores and brands in a clutter-free and relaxing environment. With over 20+ stores, this an ideal location for those needing some retail therapy with an extensive choice of speciality stores, fashion outlets, cafes and restaurants, a supermarket, a gas station, a bank, ATMs and so much more. This strip mall provides convenient parking with surveillance to ensure safety and security.