Job Details Standard Bank is the largest bank in Africa and our highly visible brand, award-winning service, and strong global presence helps us maintain our market-leading position. We place huge value on the talent of our people to drive our continued success, and to support our plans for growth. We now need a talented and resourceful individual to help us fulfill our business objectives and build customer loyalty.Job Purpose•Accountable for tracking mechanisms and management of the risk appetite and pricing product financial performance•Accountable for determining the key inputs fro input pricing for franchise customers and exit pricing for non-franchise customers.•Accountable for ensuring arbitrations for areas which have exit prices are appropriate and within sound financial and customer principles•Accountable to deliberately identify and execute in conjunction with credit risk areas of opportunity to reduce the economic cost of risk (expected loss) and provide options and outputs on how to redeploy into pricing or risk appetite to the senior manager product economicsKey Responsibilities/Accountabilities
Responsibilities + Skills
Determines key inputs and ensure these inputs are based on sound data, business models and modelling principlesTrack actual pricing and risk appetite performance compared to actuals and makes recommendations on such for greater economic spread through reduced economic cost.
2.Accountable for determining the key inputs for input pricing for franchise customers and exit pricing for non-franchise customersIdentifies and models expected loss in order to find areas of reduction in the economic cost of delivering a home service.