Credit Risk Portfolio Manager at Prodigy Finance | MyJobMag (2024)

Posted: Jul 25, 2024

Deadline: Not specified

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What you will do in the role:

• In this role, you will be responsible for managing a $1 billion loan book, which is forecast to grow at 30-50% per annum over the next five years.
• You will generate insights that help improve Prodigy's strategies and improve the way external stakeholders understand Prodigy's portfolio.
• You will want to understand the expected behaviour of our book in the future and help improve our forecasts to do so.
• You will work in a team plugged into everything Prodigy knows about our customers' credit lifecycle.

Roles & Responsibilities:

• Monitor, evaluate and report on the overall credit and financial performance of the Prodigy student loan portfolio to internal management and external investors on a monthly cycle basis.
• Utilise Statistical Analysis System (SAS) or Python to perform risk, financial and data analyses, including profiling, sampling, reconciliation, forecasting and quality testing.
• Develop recommendations to adjust credit policies and business strategy by analysing credit and financial performance and utilising statistical scoring, segmentation, and regression and simulation techniques
• Collaborate closely with colleagues in the product, collections, legal and other operational teams to develop and improve the loan product and the impact of servicing & collections processes
• Research customer and/or management queries (including working with customer complaints team) using risk systems and data and support ad-hoc risk policy analyses and projects, as required
• Participate in developing, testing, and optimising credit policies, ensuring consistency and regulatory compliance, and assist in the implementation of those policies, processes and other related initiatives
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Prodigy Finance, its customers and assets.
• Exceptional presentation and communication skills are a must-have as the manager will be frequently required to present findings and insights internally but even more so externally to current and prospective debt and equity investors.
• You will manage the team responsible for the IFRS9 impairment, IFRS13 fair value models as well as cash flow modelling forecasts and loan stock model.
• Management of a team of analysts to support the responsibilities described above.

Qualifications and Experience:

• A truth seeker, curious and ambitious person.
• 4-6 years of relevant experience, including management of a team of credit analysts.
• Proven ability to apply credit and risk principles toward business goals and model future outcomes on a portfolio.
• Demonstrated ability to synthesize, prioritize and drive results with urgency
• Proven organizational, interpersonal and analytical skills
• Comprehensive knowledge of SAS or SQL programming and MS Office software.
• Data visualization software like Tableau or PowerBI would be an asset.

Interested and qualified? Go to Prodigy Finance on prodigyfinance.bamboohr.com to apply

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