City of Cape Town, Western Cape, South Africa
Banking | Credit Risk | SME Lending | Model Risk Governance | Credit Intelligence | AI Governance Banking and credit risk specialist with four decades of experience across retail banking, credit intelligence, predictive analytics, and decision automation. Since 1996, my work has focused on credit scoring, responsible consumer and SME lending, model governance, and forward-looking risk frameworks for emerging and volatile markets. Currently: • Proprietor, Rayan Risk Analytics — Cape Town, South Africa • Independent Contractor / Consultant, International Finance Corporation (IFC) • External Affiliate, University of Edinburgh Business School • Board Member and Contributor, Model Risk Managers’ International Association (MRMIA) My writing ranges from formal works on credit intelligence and model governance to more eclectic explorations of culture, history, and human behaviour. Author / Primary Contributor: • The Credit Scoring Toolkit: Theory and Practice for Retail Credit Risk Management — Oxford University Press, 2007 • Credit Intelligence and Modelling: Many Paths through the Forest — Oxford University Press, 2021 • Why did the Chicken Cross the Road: A Student's and Intellectual's Guide for the Toilet — Kindle Direct Publishing, 2025 • Principles for Model Risk Management — MRMIA, 2025/6, primary author • Trading in Promises: The Hidden History of Trust, Credit, and Judgement — forthcoming Current areas of interest: • Systemic and forward-implied risk • AI and model governance • Credit intelligence systems • Financial inclusion and responsible lending • Decision automation • Emerging-market credit ecosystems • Institutional trust and the evolution of credit architectures My work sits at the intersection of risk, governance, technology, and the philosophy of credit. Amazon Author Page: amazon.com/author/raymond.anderson
This was my breakaway after 34 years with the same employer. Now based in Cape Town, I am open to contracts related to credit scoring (feasibility, systems design, model development, scorecard monitoring, model risk management, etc.) anywhere, any time. Credit risk model developments include empirical, expert, and hybrid models for use through-out the credit risk management cycle. Most of my work over past years has been with the International Finance Corporation.
This was a review of the scorecard development methodology for a South African lender, used for application scoring. The greatest focus was on the reject inference methodology and sampling, but also the data used, its transformation, and other aspects.
IPC was working with the Kreditanstalt fuer Wiederaufbau in Myanmar, which aimed to increase local banks SME lending capabilities. My role was six weeks aiding the refinement and implementation of an "Analysis Sheet" to be used for data collection by Loan Officers, and to provide initial lending parameters based upon the data collected, provide the capabilities to create a database. An expert scorecard was also developed, which is to remain in the background until there is sufficient data to support its use. Much work was done using MS Excel macros to extract data from individual files to create the database.
Assisting with greenfield scorecard and decision engine developments, in conjunction with Experian (Dubai).