Old Mutual OMF Senior Quantitative Risk Analyst- Profitability and Pricing Jobs in South Africa

Old Mutual OMF Senior Quantitative Risk Analyst- Profitability and Pricing Jobs in South Africa

Job Description

The Manager Pricing and Profitability has the key responsibility in the business for the driving development, analysis and monitoring of the pricing strategy for new business that supports the overall originations strategy and business targets. The scope of influence includes:

Development, maintenance and monitoring of pricing and profitability models

On going pricing model execution to ensure that returns remain in line with expectations by adjusting

Interest rates

Credit life rates

Max term and capital offers

Close working relationship with the originations manager to ensure effective and aligned responses to changes in risk outcomes

Input into budget and planning discussions

On going test and learn mindset to test and optimize pricing philosophy

Assist in system design and monitoring to identify potential revenue leakage as well as managing and guiding analysts within originations and the wider credit team.

Monitoring and optimizing the use of pricing and profitability models to assist the business in meeting business objectives within defined risk appetite limits

Understanding pricing and selection dynamics in the market in order to develop appropriate strategic responses.

Portfolio segmentation to understand high risk and high return segments and recommend appropriate treatments.

Engage with stakeholders to understand business needs and develop effective

solutions.

Communicate various findings and trends to provide clear strategic direction.

Prepare reports and presentations, delivering information for use in executive level reports and financials.

Write or assist in the drafting of ad hoc and recurring reports.

Work with teams on-site and remotely to drive projects and work streams forward.

Guiding and developing credit analysts

Minimum Requirements

Graduate qualification in Mathematics, Statistics, Engineering, or related disciplines (Science)

5 Years + working within a retail credit environment, with a specific focus on pricing of credit products. of which 2 years in a pricing role

Strong reporting and analytics background within the Financial Services industry

Python knowledge is advantageous.

How to Apply

For more information and job application details, see; Old Mutual OMF Senior Quantitative Risk Analyst- Profitability and Pricing Jobs in South Africa

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