Head: PPB Credit Strategy & Portfolio

Benefits

Additional Information

Empowering Africa's tomorrow, together...one story at a time. With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. Job Summary The Head of Credit Strategy & Portfolio plays a key role in supporting the Personal and Private Banking (PPB) Chief Credit Officer (CCO) in the second line of defence. The role is responsible for independent oversight, check and challenge across all PPB credit portfolios to ensure risks are appropriately identified, monitored and managed within approved appetite. The role focuses on risk appetite, portfolio and capital management as well as forward-looking risk insights to support sustainable, risk-adjusted growth. Job Description Key Accountabilities: Credit Risk Appetite, Oversight and Strategy Support the CCO in providing independent oversight of credit risk across PPB portfolios. Review and challenge bottom-up credit risk appetite from business units to ensure a consistent approach, robustness and alignment to Group frameworks. Ensure portfolio strategies are aligned to approved risk appetite, through the cycle credit loss ratios, regulatory expectations and capital constraints. Provide independent challenge to credit strategies and recommend corrective actions within mandate. Continuously evaluate and ensure enhancement (either directly or through influencing the first line of defence) the bank's credit risk and capital models, credit scoring systems, and decision-making processes, ensuring they remain robust, compliant, and aligned with market conditions. Establish and own PPB Credit Standard, aligned to relevant Group Credit policies and standards. Portfolio Management & Performance Monitor and assess overall credit risk exposure across PPB portfolios, ensuring limits and thresholds are adhered to. Oversee portfolio performance trends and key risk drivers across products and sectors. Support periodic Product and Credit Strategy Reviews to identify emerging risks, concentrations and structural vulnerabilities. Ensure effective design and use of Early Warning Indicators (EWIs) and portfolio triggers across all PPB portfolios. Support portfolio optimisation through risk-return analysis and proactive steering at overall PPB level. Ensure Group Credit Portfolio Management principles is embedded across all PPB portfolios. Capital & Balance Sheet Management Ensure appropriateness of risk weighted assets, economic capital and earnings at risk measures. Ensure alignment of portfolio strategies with these capital metrics. Support optimisation of capital allocation to enhance risk-adjusted returns. Monitor adequacy of capital assumptions in collaboration with finance and Group functions. Provide insights into capital efficiency and balance sheet utilisation across portfolios, coordinating optimization initiatives for PPB. Risk Monitoring, Analytics & Stress Testing Establish and own requirements for tier 1 credit risk reporting, working closely with Risk, Data and Reporting teams to ensure consistent and controlled production, supporting risk monitoring and decision-making. Help coordinate stress testing and scenario analysis to assess portfolio resilience under adverse conditions. Identify systemic and emerging risks and translate into actionable insights. Track key risk indicators and provide early identification of deteriorating trends. Governance, Reporting & Compliance Support the CCO in maintaining a robust credit risk governance framework. Contribute to credit risk submissions into key governance committees, including insights on portfolio health and risk appetite utilisation. Ensure compliance with internal policies and applicable regulations (e.g. Basel, NCA, SARB, etc.) Support monitoring and enforcement of portfolio limits, triggers and corrective actions. Stakeholder Engagement & Alignment Collaborate with first line teams to ensure alignment between business, PPB objectives and risk appetite. Engage with Group Credit, Finance, Treasury and Enterprise Risk Management to ensure integrated portfolio and capital management. Support the CCO in engagements with senior stakeholders through high-quality insights and challenge. Leadership & Team Development Lead and develop the team, ensuring that team members have the skills, knowledge, and tools to effectively support the management and oversight of credit risk management. Provide ongoing training, mentorship, and guidance to team members to build a high-performance culture focused on continuous improvement. Foster a collaborative and results-oriented environment, ensuring alignment with the bank's broader strategic goals. Preferred Education: Bachelor's degree and/or post graduate qualification(s) in Actuarial Science, Statistics, Mathematics, or related quantitative discipline. Preferred E