Derek Venter Email & Phone Number

City Of Johannesburg, Gauteng, South Africa

Responsible for end-to-end Credit Risk management across all the Retail Unsecured Products (Personal Loans, Credit Card, Overdrafts, Transactional Banking) for Absa Bank. This Includes:- Underwriting (new acquisitions, limit increases, affordability, pricing, referral and decline rules)- Existing Customer Management (high risk account management, credit limit decreases, over-limit strategies)- Portfolio Analytics (risk appetite setting, profitability, economic and regulatory… Show more Responsible for end-to-end Credit Risk management across all the Retail Unsecured Products (Personal Loans, Credit Card, Overdrafts, Transactional Banking) for Absa Bank. This Includes:- Underwriting (new acquisitions, limit increases, affordability, pricing, referral and decline rules)- Existing Customer Management (high risk account management, credit limit decreases, over-limit strategies)- Portfolio Analytics (risk appetite setting, profitability, economic and regulatory capital, payments)- Collections and Recoveries (pre-legal, legal and off balance sheet strategies)- Debt Review (Debt Counselling, Debt Administration, Forbearance and Debt Relief)- Governance, Policy and MI (including BCBS239)- Enablement and Capabilities (credit changes, credit technology, credit bureau relationships)Provide independent and objective end-to-end business risk oversight to the Retail Unsecured Business as 2LoD, including Fraud Risk and Payment Risk for Absa Bank in line with the Operational Risk Management Framework: This includes:- Provide check and challenge during the Product development process to ensure that all risks have been considered and sufficiently addressed.- Oversee and perform (where appropriate) deep dive- and lessons learnt exercises for material risks, including the review, challenge and tracking / escalation of findings. Review major remediation plans for adequacy, completeness and progress.- Operational Risk policy and standard conformance testing- CPA / RCSA / MCA review and oversight at product level- Fraud management oversight- External scanning of emerging risks and best practice- Independent assurance testing and deep dives- Challenge business risk profiles to help ensure risk is managed in line with approved risk appetite.- Enable management to monitor the effectiveness of the control environment and to take action to further mitigate operational risk where required. Show less

Johannesburg Area, South Africa

Responsible for end-to-end Credit Risk management across all the Retail Unsecured Products (Personal Loans, Credit Card, Overdrafts, Transactional, and Edcon) for Absa Bank. This Includes:- Underwriting (new acquisitions, limit increases, affordability, pricing, referral and decline rules)- Existing Customer Management (high risk account management, credit limit decreases)- Portfolio Analytics (risk appetite setting, profitability, economic and regulatory capital, payments)-… Show more Responsible for end-to-end Credit Risk management across all the Retail Unsecured Products (Personal Loans, Credit Card, Overdrafts, Transactional, and Edcon) for Absa Bank. This Includes:- Underwriting (new acquisitions, limit increases, affordability, pricing, referral and decline rules)- Existing Customer Management (high risk account management, credit limit decreases)- Portfolio Analytics (risk appetite setting, profitability, economic and regulatory capital, payments)- Collections and Recoveries (pre-legal, legal and off balance sheet strategies)- Debt Review (Debt Counselling, Debt Administration, Forbearance and Debt Relief)- Governance, Policy and MI (including BCBS239)- Enablement and Capabilities (credit changes, credit technology, credit bureau relationships)Responsible for Managing Fraud Risk Strategy for Retail and Business Banking. Show less

Pretoria Area, South Africa

Managing Credit Risk across Absa Card (issuing and acquiring), specifically focusing on:- Risk Appetite and concentration risk management- All underwriting criteria- Existing Customer Management- High Risk Account Management- Impairment and Capital Management- Collections, Recoveries (On and Off Balance Sheet) and Debt Counselling strategies

Johannesburg Area, South Africa

Managing Credit Risk across Personal / Consumer Lending and Transactions & Deposits, specifically focusing on:- All underwriting criteria (including Pricing)- Risk Appetite and concentration risk management- Existing Customer Management- Impairments- Collections and Recoveries strategies (On and Off Balance Sheet)

Johannesburg Area, South Africa

Managing the Home Loans underwriting process, i.e. aquisition scorecards, risk appetite, Loan-to-Value rules, policy rules, etc.

Johannesburg Area, South Africa

Managing Home Loans (R220bn) Impairments, Pricing, Profitability and Valuation rules.

Absa Bank, Johannesburg

Credit Risk Stress TestingMacroeconomic modellingCapital and Impairment forecastingBalance sheet managementPD and LGD calculation and forecastingRisk Appetite Setting

Johannesburg Area, South Africa

Quantification of Diversification of Economic Capital across different credit sub-sectors.PD and LGD macroeconomic modeling.Credit risk Stress testing for Absa Group.Setting credit risk appetite for Absa Group.Procyclicality reporting.

Johannesburg Area, South Africa

Credit Risk model montoring and validation which included application and behavioral scorecards, PD models and LGD models.