Job title : OMF Manager : Collections Strategy
Job Location : Western Cape,
Deadline : November 29, 2025
Quick Recommended Links
- Jobs by Location
- Job by industries
Job Description
Job Description Summary :
Old Mutual Finance is currently seeking to hire a Manager : Collections Strategy. The successful incumbent will report to the Head of Collections and ECM Strategy and be responsible to oversee the development of collection strategy and takes full accountability to ensure a consistent increase in the overall collections book, limit management, strategic campaign planning and optimisation of new and existing models, data sets and stakeholder relationships both internal and external.Responsibilties / Duties :
Lead the strategic development of Old Mutual Finance collections function and think strategically about how to improve, optimise, and expand it to meet the goals and objectives of the business.Designs, constructs and documents appropriate models and strategies across the collections life cycle including implementation and monitoring.Analyse portfolio-level information to identify and monitor key risk factors, and root-cause, and develop proposed solutions. Code optimisation and reporting automationTarget forecasting and collections scorecards - build and review monthly targets as well as tracking and analysis thereof. Collaborate with BI data team to ensure that dashboards are properly rolled out in Active Collections and that data and reporting is relevant and fit for purpose.Contribute positively toward effective monthly collections percentage by providing up to date analysis and reporting as well as providing strategic guidance to ensure consistent increase in the overall collections bookRecommend and implement appropriate champion / challenger strategies to continually “test and learn” to improve portfolio profitability.Assist operations to achieve better collections and recoveries results by integrating models and data-driven approaches into operational processes.Ensure efficiency of resources by providing strategic campaign plan to optimise effective use of all existing tools.Identify improvements to operational systems, processes, and policies in support of business strategyCommunicate complex technical information to non-technical people in a comprehensible formApplying industry knowledge to interpret data and improve performanceKey results : improve collections rate, reduce forward roll rate, improve yield %, reduce cost to collect, improve net lending margin, reduce non-performing loan ratio, improve credit loss ratioMinimum Requirements : (Experience, Competencies, Qualifications) :
Honours Degree or Equivalent : BCom including Maths, Stats or Finance, Economics major with Econometric, Actuarial Science, BSc Engineering (these are preferred)Work Experience : 5+ Years in a similar roleAnalytical and reporting tools experience required : SQL, R, Python, AWS, Advanced ExcelBanking / Financial Services Industry Experience (advantageous)Oversees the development of quantitative financial risk models for the product structuring and management.Responsibilities
Data Collection and Analysis
Use data from a wide range of sources to analyze key themes and identify possible impacts on the business.Data Exploration
Perform complex statistical analysis and utilize mining, modeling, and testing techniques to enable data analysis.Advanced and Predictive Analytics
Employ machine learning techniques and build predictive, descriptive, and behavioral models to help achieve various business performance indicators and to help identify business opportunities, linking insights to actionable recommendations.Risk Scenario Modeling
Analyze, assess, and quantify the risks associated with products, individual applications, business activities, and the market to determine whether any risk is within the agreed risk appetite. Undertake tactical risk modeling.Insights and Reporting
Contribute to the design and creation of reporting strategies and templates. Lead execution of complex reports, identifying and interpreting complex patterns and trends, and translating those insights into actionable recommendations.Information and Business Advice
Provide specialist advice on the interpretation and application of policies and procedures, resolving complex or contentious queries and issues and enabling others to take appropriate actions.Business Performance Metrics
Control specific segments of the organization's business performance metrics, ensuring strategic alignment with financial goals and objectives.Operational Compliance
Monitor and review performance and behaviors within area of responsibility to identify and resolve noncompliance with the organization's policies and relevant regulatory codes and codes of conduct.Personal Capability Building
Act as subject matter expert in an area of technology, policy, regulation, or operational management for the team. Maintain external accreditations and in-depth understanding of current and emerging external regulation and industry best practices through continuing professional development, attending conferences, and reading specialist media.Skills
Action Planning, Analytics Software, Budget Management, Business Intelligence (BI) Analysis, Computer Literacy, Data Analysis, Data Compilation, Data Controls, Data Interpretations, Data Modeling, Evaluating Information, Numerical Aptitude, Report Review, Solution Analysis, Statistical Analysis TechniquesCompetencies
Business InsightCultivates InnovationManages ComplexityOptimizes Work ProcessesSituational AdaptabilityStrategic MindsetEducation
Honours Degree (Hons) (Required)Closing Date
01 October 2025Accounting / Financial Services jobs