Standard Bank Credit Decision Science Graduate Programme 2021

You'll start this 18-24 month programme by joining various teams in Credit Risk for Personal and Business Banking South Africa. The 24-month programme will expose you to analytical and non-analytical functions in the Credit Lifecycle; including, the Branch Network and Collections Call Centre. This will ensure you're on the most appropriate technical and leadership development path for your career with us. Through a series of rotations, you'll gain a close-up and comprehensive experience of our work and its impact on the Bank, Our Customers and the African Continent. All the Credit Risk functions collaborate with each other and with IT, Finance, Marketing, Legal and Compliance, Product and many other stakeholders. Therefore, the Credit Risk Graduate programme facilitates many opportunities to grow one’s knowledge and career.

Credit Risk is the part of Personal and Business Banking that specifically focuses on the Credit Risk Management for all Personal and Business Banking clients. The function of the Credit Risk department is to minimise the risk of loss due to a customer defaulting; to adequately balance risk and reward. Credit Risk is characterised by three main activities within the credit life cycle, namely: Originations, Account management and Collections. Originations relates to the credit decisions taken when on boarding an individual customer or business and can be done either through a scored process with the assistance of a scorecard or through an intuitive process. Account management relates to the ongoing monitoring of each portfolio’s performance within the agreed credit terms whether that be the credit limits, risk appetite or term. Collections activities involve either the rehabilitation of customers who have defaulted and the final recovery of amounts outstanding balances to the Bank. Through a series of structured rotations, you will get exposure to each of these highly analytical areas.

Below are a few areas that fall within the Credit Risk Spectrum that you will be exposed to:

• Business Lending (Small Enterprise Segment, Commercial Segment, Business Segment);
• Personal Lending (Home Loans, Vehicle Asset and Finance, Personal Loans & Overdraft and Credit Card);
• Credit Decision Science (Scorecard Development, Model Development and Data Science); and,
• Operational Risk.

Requirements to qualify

Previous work experience: Maximum one-year post qualification

Minimum Qualification Level: Honours or Masters

Qualification: BSc or BCom in:

• Statistics
• Pure Mathematics
• Actuarial Science
• Computer Science
• Computational and Applied Mathematics

Citizenship: South African

Duration: 18 - 24 months, you are hired in a permanent capacity