Summary
Date Posted: Friday, June 30, 2023 , Base Salary: Not Disclosed

JOB DETAILS:
Job Summary
A credit professional acting as credit expert to the relationship team and the conduit to the Credit Risk function for sanctioning purposes.
Responsible for developing practical and appropriate credit solutions (i.e. lending structures) through understanding customers’ needs.
Delivering high quality and consistent, credit applications, making recommendations.
Monitor and control nominated accounts within designated portfolios.
Maintain integrity of Commercial Credit Risk System (CCRS) data ensuring financial information is updated.

Job Description
Understanding the Credit/ Solutions Development-
• Assess a customer’s business through the analysis of Business and Credit risks associated with the provision of the bank’s products and services to the customer.
• Develop high quality credit solutions with the view of obtaining fast credit approval from Credit teams.
• Be the joint contact for credit management purposes for accountants, solicitors and other professionals.

The Credit Process-
• Preparation of Commercial Credit Risk System (CCRS) applications with paper attachments for recommendation to the Sanctioners
• Liaise directly with the sanctioning office for all credits that are outside local Risk Management or the Relationship Manager’s personal discretion.
• Attend customer meetings with the Relationship Manager if credit related issues are to be discussed/ need to be resolved.
• Review and sign facility letters and co-ordinate execution of documentation and draw down of facilities.

Portfolio Management- Monitoring and Control
• Responsible for managing financial information produced by customers.
• Responsible for managing the end to end process for risk reports, challenging Relationship Managers where control lapses or potential risk has been identified.
• Monitor and Control quality of portfolio using ‘Condition of Sanction’ triggers where possible. Discussing with Sanctioners deteriorating trends and trigger events if they give cause for concern, advising the Relationship Manager simultaneously.

Staff Management Time
• Support the Team in delivering effective performance development for individuals within the team.
• Drive proactive application of Absa Guiding Principles both personally and throughout the team and coach and support colleagues within the Team.

Education and experience required.
• Bachelors in business administration, Credit, International Business or equivalent
• Accounting knowledge
• Relevant and adequate experience gained in similar role and environment.

Knowledge and skills: (Maximum of 6)
• Detailed knowledge of credit and financial analysis techniques.
• Internal instructions/procedures including Head office instructions, Absa Wholesale Credit Risk Standards and Control Framework.
• Products and services frequently used by customers.
• Awareness of legislation affecting the Bank and customers having the highest regard for confidentiality.
• Knowledge of Commercial Credit Risk System (CCRS) or a similar system to Analyse, monitor and report on credit applications.

Competencies: (Maximum of 8 competencies)
Essential
• Proven experience in a Credit role at a junior management level gained within the Bank or blue-chip financial organisation
• Excellent understanding of credit and associated risks
• Experienced user of Commercial Credit Risk System (CCRS) or a similar system to Analyse, monitor and report on credit applications.
• Good interpersonal skills that have been proven in a Business or Credit environment at a management level.


Work Hours: 8

Experience in Months: 60

Level of Education: Bachelor Degree

Job application procedure

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