Portfolio Risk Analyst

osabon Financial Services Limited – Award-winning Rosabon Financial Services is a member of the Concept Group. Licensed by the Central Bank of Nigeria, CBN on April 22, 1993, and being a long-standing member of the Equipment Leasing Association of Nigeria (ELAN), the organization has evolved into Nigeria’s leading Non-Banking Financial Intermediary and Equipment Leasing firm focused on niche and general markets.

Scope and Impact

• The Portfolio Risk Analyst examines and analyzes the mix of company loan product activities, with the purpose of making decisions that are expected to improve overall return.
• He/she is primarily tasked with conducting detailed portfolio analysis and reports on loan and lease portfolios to anticipate, identify, and mitigate credit risk exposure related to portfolio management activities in the organization.
• He/she will be grossly responsible for offering risk management analysis on the business portfolios and research into business expertise areas.

Job Summary

• The Portfolio Risk Analyst will determine risks and opportunities within credit portfolio processes and strategy, conduct risk analysis, track trends, understand risks associated with all product portfolios, and create corresponding reports on projects, documenting the same accordingly to present to senior management.
• He/she is also responsible for overseeing the credit collection unit, ensuring that appropriate steps are taken to collect payments on debts, all payment data are well recorded, and subsequently, using the generated data to perform the necessary analysis and provide corresponding reports.

Duties & Responsibilities

• Analyses transactional risk measures including defaults, correlations, and stress losses to enhance concentration risk views.
• Estimates the probability of defaults, and loss given default in order to validate risk parameters (PD, LGD, EAD/CCF) calculated for internal credit risk management.
• Identifies adjustments required to risk parameters (PD, LGD, EAD/CCF) calculated for internal credit risk management.
• Analyses and monitors the company’s lease portfolio.
• Assessing all other credit risks and making recommendations.
• Periodically analyses quantitatively and qualitatively the loan portfolio of the company based on sector concentration, volume concentration, product concentration, etc.
• Periodically performs default/principal at risk assessment, measuring the impact of guarantors/collaterals and the impact of group loans on risk exposure.
• Monitors compliance with credit and risk policies of the company.
• Prepares reports on analytics of portfolio performance, emerging trends, and areas of opportunity.
• Prepares comprehensive report on all repossessed lease assets identifying principal outstanding, loan-asset value, number of rentals outstanding, date asset is expected to be disposed of, and estimation of depreciation in asset value.
• Mitigates credit risk exposure related to portfolio management activities.
• Prepares report on probability of default using information from direct debit, cheque lodgement report, and returned cheque report
• Suggests initiative to ensure consistency and compliance with credit policies and improve credit qualities.
• Proposes evolutions in the policy, process, procedure, methodology, and collaterals related to the risk identified.
• Makes recommendations for process improvement, addressing gaps and areas for additional or improved reporting and data.
• Responsible for training the department on identified trends and recommendations.
• Responsible for compiling and evaluating information needed to collect delinquent accounts, supervise field collections, and perform other collection duties as required.

Key Performance Indicators

• Improved/optimized processes initiated
• Percentage of Cycle Time Reduction
• Average performance of the assigned team
• Quality of reports generated; hitch and error-free
• Improvement in the quality of the debt collection process
• Timely report sent to Head of Department and/or management
• Percentage of Business Process Productivity Increase

Qualifications / Requirements

• A Bachelor’s Degree in Accounting, Finance, or a related field.
• Advanced Degrees, certifications, and/or professional membership will be an added advantage
• Minimum of 5 years working in a similar field, with cognitive experience as a Portfolio Risk Analyst.
• Good understanding of industry laws and regulations
• Excellent organizational and leadership skills
• Ability to present and communicate analysis and recommendations
• Ability to measure financial data to evaluate financial performance and position

Job Knowledge:

• Knowledge of all practices and procedures involved in credit and risk management.
• Expert experience handling and working efficiently with Microsoft Office Suite, Google
• Suite and other statistical and analytical software.
• A good understanding of business trends, situations, practices, procedures, and models.
• Ability to review, analyze, and report credit and risk activities.
• Knowledge of all practices and procedures involved in credit and risk management and how they can be implemented in a way that minimizes financial loss.
• A track record of proven experience in the above key accountabilities, specifically within a high-volume and fast-paced environment.
• Proven track record of experience in supervising, leading, and coaching a team within a busy and effective credit control, collections, or debt risk analysis function.
• Extensive collection and portfolio risk analysis experience with a financial institution
• In-depth knowledge of financial rules and guidance covering financial reporting in relation to Portfolio analysis.
• Excellent use of Microsoft Office packages.

Skills / Competencies:

• Ability to review, analyze, and report credit and risk activities and data in a way that is easily understood to make better decisions.
• Ability to identify gaps within the credit policies.Ability to anticipate and identify financial and economic trends as regards loan and lease portfolios.
• Ability to measure financial data to evaluate financial performance and position
• Demonstrates a commitment to teamwork through own actions.
• Ability to communicate complex concepts and issues effectively.
• Demonstrates high standards of conduct which are not compromised even under highly stressful circumstances.
• Ability to handle and work efficiently with Microsoft Office Suite, Google Suite, and other statistical and analytical software or applications, especially Microsoft Excel and PowerPoint.
• Fosters a climate that supports respect for others
• Ability to function within defined guidelines and procedures to resolve routine issues
• Demonstrable ability to understand business trends, situations, practices, procedures, and models
• Motivates team members to achieve their personal and professional best.
• A good ability to present and communicate analysis and recommendations to business leaders by supported facts.