Accion International

  • Director– Risk and Credit Analytics

    Posted Date 2 months ago(10/19/2018 4:21 PM)
    Job ID
    1932
  • Overview

    About Global Advisory Solutions:

     

    Combining cutting edge innovation and a deep understanding of client need, Accion’s Global Advisory Solutions team offers our partners and the industry unique and strategic insights and operational expertise grounded in decades of hands on support to leading financial service providers (FSPs). Global Advisory Solutions leverages innovations in financial services to lower cost and increase quality at scale, helping to build sustainable and scalable institutions focused on serving the financial needs of underserved individuals and small businesses. Bringing customer centric, data-driven, tech-enabled solutions and tools, Global Advisory Solutions  delivers advisory support to FSPs through 5 key service offerings: Growth Strategy and Planning; Customer Strategy and Product Development; Digital Channels; Risk and Credit Analytics; and Business Processes and Operational Efficiency. Our services incorporate a deep understanding of customer needs, and help FSPs capitalize on the value of their data, leveraging technology and automation to transform their business processes, and reach their customers through the most cost-effective and convenient digital channels.

     

     Position Summary 

     

    The objective of risk management is to define methodologies to ensure that the risks originated in the Financial Service Providers’ (FSP) operations and expenses associated with the credit cycle (originations, account maintenance and collections) can be predicted and are acceptable to the business.  This entails developing and disseminating world-class risk management tools such as credit scoring and analytics capabilities to be implemented by the FSPs and providing guidance and support with respect to the best risk management practices. The Director– Risk and Credit Analytics will be a part of the Global Advisory Solutions team and responsible to support FSPs in the following areas:

    • Efficiency & productivity: Providing advisory services to FSPs by helping them design and implement performance monitoring tools, build capacity in portfolio quality analysis to drive growth and design and implement scorecards for automation of key credit processes
    • Stability & growth: Providing advisory services in the area of product design and policies (Risk acceptance criteria) and help institutions access and improve their overall risk management frameworks
    • Business transition: Providing advisory services in risk impact due to changes in key business processes
    • Technology integration: Assisting FSPs in; validating third-party risk scoring tools, upgrading and adjusting exiting risk assessment tools for new technology platforms and helping FSPs understand risk associated with deploying  and adopting new technology

    Responsibilities

    Position responsibility and functions

    The main functions of the Director – Risk and Credit Analytics will be:

    1. Coordinate the design and implementation of statistically developed tools such as credit scores to support the decision making processes in the FSPs in order to optimize their client origination process, account renewals, client retention and recovery strategies.
    2. Design and implement tools that support data insight/business analytics for FSPs through the credit cycle; origination, account maintenance and recoveries/collections. (Portfolio monitoring and analysis tools).
    3. Coordinate and support FSPs on the periodic evaluation of their portfolio indicators, providing input to the Senior Management regarding identified risks and proposing risk mitigation tools and action plans.
    4. Work with the FSPs and other units within the Global Advisory Solutions team, in the optimization of credit policies through the use of analytics (relationship, exposure, exceptions, etc.) and product development tools.
    5. Provide strategic insight/advice to clients and partners at an institutional level by:
      • Making recommendations that have an institution level impact in collaboration with all services areas that Global Advisory Solutions teams offer and external stakeholders
      • Participating in and contributing to solving project related issues
      • Ensuring performance and deliverables/results are achieved in larger strategic projects by working in collaboration with all service areas within Global Advisory Solutions teams
    6. Collaborate with and at times lead teams in Global Advisory Solutions to design and implement both traditional lending products and new and innovate digital lending products.
    7. Support product design (defining/accessing risk acceptance criteria), accessing appropriateness of technology solutions and channels being considered, understanding data and data analytics from client segmentation and product development processes.
    8. Support FSPs in reviewing, identifying and estimating risk levels and gaps in existing processes; make recommendations as needed.
    9. Support the FSPs in the identification of Operational and Market related risks, recommending the adequate documentation and control tools wherever applicable.
    10. Review and support the assessment of technological alternatives to continuously improve the methodologies used for development and implementation of Risk Management tools for the FSPs.
    11. Support FSPs in objectively accessing vendors/providers of risk management tools; make recommendations as needed.
    12. Supervise a Risk Specialist who is responsible for data structuring and processing.
    13. Collaborate and contributing to strategic projects within Global Advisory Solutions from a risk management and data analytics perspective.

    Qualifications

    Qualifications and Requirements:

     

    Education:

    • Minimum of MSc/MA in Economics, Industrial Engineering, Finance, Mathematics, Statistics, or Business. MBA preferred.

     

    Experience Required:

    • Experience of 15+ years in banking/financial services.
    • Background in financial analysis with statistics or programming is ideal.

     

    Professional skills:

    • Proven expertise in Statistical Modeling, Credit Risk Modeling/Analysis, Data Mining, and Finance.
    • Knowledge of Portfolio Risk/Management within financial business. Clear understanding of portfolio risks related to vintage and delinquency trends.
    • Knowledge of market and operational risks.
    • Excellent cost management and project management skills.
    • Advance written communication skills.
    • Background in financial analyses with statistics or programming.
    • Strong knowledge of legal and regulatory framework.
    • Credit/Asset product development and implementation (traditional credit products and digital lending products).

     

    Personal skills:

    • Ability to lead projects and coordination with multiple teams from conception to delivery.
    • Strong leadership skills and ability to influence leadership/decision makers within the organization.
    • Excellent relationship management with good presentation and commercial skills.
    • Must be adaptable, innovative, and possess good analytical skills & sound judgment; excellent oral and written communication skills; customer-service oriented; strong interpersonal and relationship building skills; and ability to sell ideas and motivate staff.

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