Risk Assessment Manager (Automobile Industry) at Nicole Sinclair Consulting

We seek an analytical and detail-oriented Risk Assessment Manager to oversee the risk management of our Buy Now, Pay Later (BNPL) scheme.

The ideal candidate will have a strong background in credit risk analysis, data analytics, and  financial modelling, focusing on assessing and mitigating risks associated with consumer  financing. 

Key Responsibilities:

• Credit Risk Evaluation: Conduct thorough credit assessments of potential customers to evaluate their eligibility for the BNPL scheme.
• Data Analysis: Utilize data analytics and machine learning models to identify high-risk customers and predict default probabilities.
• Risk Mitigation Strategies: Develop and implement strategies to mitigate risks, including setting credit limits and repayment terms.
• Fraud Detection: Implement and monitor fraud detection systems to prevent fraudulent transactions.
• Regulatory Compliance: Ensure compliance with relevant regulations and industry standards related to consumer financing.
• Reporting: Generate detailed reports on risk assessments, default rates, and overall performance of the BNPL scheme.
• Collaboration: Work closely with the finance, customer service, and IT teams to ensure seamless integration of the BNPL scheme.

Qualifications:

• Education: Bachelor’s or master’s in finance, Economics, Data Science, or a related field.
• Experience: Minimum of 5 years experience in credit risk management, financial analysis, or related roles.
• Technical Skills: Proficiency in data analytics tools (e.g., Excel, SAS, R, Python) and experience with credit scoring models.
• Analytical Skills: Strong analytical and problem-solving skills with the ability to interpret complex data.
• Attention to Detail: High level of accuracy and attention to detail.
• Communication: Excellent verbal and written communication skills, with the ability to present complex information.
• Regulatory Knowledge: Understanding of consumer credit regulations and compliance requirements.

Preferred Skills:

• Experience with BNPL schemes or consumer financing products.
• Knowledge of machine learning algorithms and their application in risk assessment.
• Project management experience