Lead Analyst: Provisioning ( Accounting / Financial Modelling / Analytics )– South Africa

Southern Africa
Posted 2 months ago

Reference No. KMRS07

Job Description:

A leading Financial Services organization is seeking a Lead Analyst: Provisioning candidate for their operations in applying provisioning framework through building new models and/or interrogating existing models in order to generate new insights that contribute to optimising the credit business. The successful candidate will be responsible for ensuring that the provisions model is IFRS compliant and trusted by the business to drive decision making.


  • People and operational management for Analyst team
  • Develop and implement operational processes that support team delivery and ensure that they are efficient and effective.
  • Recruitment and selection decisions with the Team Leader: Provisioning
  • Implement measurable goals and performance of members with acknowledgement for achievements.
  • Build and maintain a working environment and ethos within the function which is healthy and conducive to effective, efficient and positive delivery and relationships.
  • Collect information and suggestions from team members to apply and make recommendations for improvement purposes.
  • Responsible for performance management of team members by drafting, agreeing and contracting key performance indicators and measures.
  • Observe, evaluate and conduct discussions with team members in line with key performance measures and SLA’s
  • Draft and agree to action plans in line with improving individual performance, provide coaching and share feedback.
  • Ensure that personal development plans are agreed to, contracted and discussed to ensure that the team members take ownership for their personal development; follow up on agreed action plans at agreed intervals.
  • Provide support, mentorship and coaching where required.
  • Responsible for on-the-job training of team members – both functional and soft skills required for specific role.
  • The Lead Analyst is responsible for ensuring that the provision models within the Lead Analyst’s team is at all times IFRS 9 compliant, accurate and relevant to the business. This requires knowledge and understanding of the IFRS principles, typically acquired through studying IFRS and consulting the Team Leader and / or other subject matter experts such as the external auditors. This includes, but is not limited to PD, EAD, LGD, Model segmentation, SICR methodology, Discount rate, Write-off point, Economic model.
  • The job holder liaises with all internal divisions of the organisation depending on the specific project/function.
  • Make significant enhancements to existing models.
  • Build new models.
  • Drive business and MTSC sign-off of the above.
  • Develop optimal solutions to highly complex problems with a high financial impact.

Requirements: Qualification and Skill

  • Bachelor’s degree in Accounting sciences, Mathematics OR Statistics
  • A post graduate degree in Mathematical Sciences such as Statistics, Financial / Quantitative Risk Management, or Actuarial Science is ideal.
  • 3 years’ experience in analytical roles that included exposure to provisioning, credit pricing and/or other related credit analytics.
  • Experience in a leadership role that included managing a team of analysts.
  • Regular exposure to senior management or members of the Executive Committee
  • Proven experience in building a provisions and/or cash flow forecasting model from first principles.
  • Willingness to spend time away overnight from home.
  • Willingness to work or be available overtime and / or weekends if required.
  • Ability and willingness to work in an open plan environment.
  • Computer Literacy (Intermediate MS Word, MS Excel, MS Outlook)
  • Attention to detail.
  • Decision making skills.
  • Facilitation skills.
  • Planning, organising and coordination skills.

If you wish to apply for the position, please send your CV to Kyle Magnussen at kmagnussen@caglobalint.com

Please visit www.caglobalint.com for more exciting opportunities.

Kyle Magnussen

Recruitment Consultant

CA Finance

CA Global will respond to short-listed candidates only. If you have not had any response in two weeks, please consider your application unsuccessful however your CV will be kept on our database for any other suitable positions.



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