Brighton Mufambi

Experience

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  Self-employed

  Mar 2012 - Aug 2015

  Mr
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  African Actuarial Consultants

  Aug 2015 - Aug 2016

  Attachment student
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  National University of Science and Technology (ZW)

  Sept 2016 - Aug 2017

  Mr

  Assistant teacher for NUSTSEP programme

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  African Actuarial Consultants

  Jan 2018 - Dec 2019

  Actuarial Analyst

  My core duties were:Carrying out comprehensive data checks, manoeuvring, merging and consolidation of various data sets for financial analysis and modelling purposes using advanced excel and R.I train clients on data extraction and manoeuvring techniques so that important attributes can be retained safely. I work closely with up to twenty technical managers assisting them on safe data keeping for various actuarial purposes.Training attachment students to carryout advanced data checks for various bank and insurance risk management exercises using advanced Excel, R , SPSS, SAS and Minitab.I have used my statistical knowledge to develop default probability master cards for banks and microfinance institutions using logistic regression analysis, K means clustering, and quantile estimate approaches in advanced Excel and R.Senior management have utilised my actuarial judgement skills as a recourse in the absence of sufficient data to carry out more robust calculations. Developing IFRS 9 models for banking groups FBC bank, Building Society and Microplan among others. I got exposure to Flexcube system with FBC bank on credit scoring project.Developing IFRS 9 models for insurance groups like First Mutual Holdings and its subsidiariesValidating IFRS 9 models for CBZ bank, Zimnat microfinance and Africa Century Limited among othersCapital modelling and pricing of cell captives and reinsurance productsStatutory Actuarial valuation of short term (re)insurance companies, NicozDiamond, ZB Re, Emeritus Re, FMRe Sunshine to mention but a fewInteracting with external reviewers including external auditors (EY, Deloitte, KPMG,PWC etc), independent reviewers and assisting clients prepare responses to any queries raised by regulators on modelling and documentation work. Show less

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  ABC Holdings Limited - BancABC

  Dec 2019 - now

  • Risk Management Policies and Process Flows Formulation and Review majoring on policies for Credit Risk, IFRS 9; Risk Modeling, ICAAP, Model Risk, Model Validation and Governance• Tracking Internal and External Audit risk issues and steering the redress of the issues;• Microsoft Office Applications Trainer and Internal Consultant (Ms Excel, PowerPoint, Word, etc);• Basel II/III Implementation Champion for the Bank;• Credit Risk Modeling under IRB and IFRS 9;• International Financial Reporting Standards (IFRS) 9 program championing and implementation;• Internal Models Validation for all the risk models of the Bank (IFRS9 Credit Risk Models, Basel II/III Risk Models and other risk models); • Data Risk Management for transactional systems and Business Intelligence;• Support the Bank’s business units with quantitative analysis and strategies in order to support decisionmaking in the core business, including pricing. Produce comprehensive reports on quantitative analysis for management and input to board reports• Manage the development of models for analysis of capital, including Economic Capital, Internal Capital Adequacy and Assessment Process (ICAAP), Comprehensive Capital Analysis and Review (CCAR) as well as BASEL Framework.• Scoping, design, development, improvement and maintenance of quantitative risk models in the Bank, including IFRS 9 Expected Credit Loss models, credit risk models; Market, Liquidity and Interest Rate risk models; Value at Risk; Stress and back testing• Manage training of Staff users of quantitative risk models Show less I support the Head of Risk and Credit to shape the credit risk management data capability. Working across business functions, i am responsible for the continual analyses, reporting and improvement of the organisation's risk and profitability models. I help to predict and improve the portfolio's success by optimizing data solutions to deliver value to the business and provide ongoing value to the end customer.My day to day duties spans the following:Analyzing complex, high-volume data from varying sources and identifying key regularities, patterns and trendsDevelop regular reporting solutions to allow the Head of Credit Risk and the rest of senior management to closely monitor the performance of new and existing customers' riskPrototyping and developing machine learning models in collaboration with an agile, high-functioning team from various departments within the bankMonitor the portfolio to identify trends, and support the Head of Credit Risk in meetings to share performance updates and analysis.Spotting new opportunities in data collection, feature creation, feature selection, model tuning and evaluation practices, and taking those ideas from the first concepts to live product integrations.Carry out any day-to-day support and loan portfolio monitoring and checking for covenant breaches.Preparation of IFRS 9 data and carrying out independent computations of provisions under IFRS 9 and Basel II regimes.Data consolidation and validations using R, Excel, Python and Power BI Leveraging new research in data modelling to identify opportunities, pioneering algorithms and systems that become key commercial productsMaintaining model development pipelines, libraries(TensorFlow, Keras, Pandas,scikit-learn) to scale machine learning workflowsSetting up and Implementation of the Hadoop ecosystem for distributed data processing frameworks such as Apache Spark Show less

  • Assistant Manager

    Mar 2022 - now

  • Credit Portfolio Analytics

    Dec 2019 - Apr 2022