Key Accountabilities
Understanding Credit/
Solutions Development: 35%
- Assessment
of credit proposals through analysis of Business and Credit risks
associated with the provision of the bank’s products and services to the
customer.
- Facilitate
the generation of revenue and support business growth through development
of high-quality credit solutions aimed obtaining fast credit approval from
Sanctioning teams.
- Ability
to undertake sector and industry analysis to guide the bank in strategy
formulation and areas of focus for lending and application of the same
within designated portfolio
The Credit Process 35%
- Preparation
Credit proposals using the CCRS with relevant supporting documentation and
recommendations to Credit managers for Sanction.
- Liaise
directly with the Absa Africa Credit Team (BACT) sanctioning office for
all credits that are outside local Risk Team discretion.
- Attend
customer meetings with the Relationship Manager where credit related
issues are to be discussed/ resolved.
- Support
the timely preparation of facility letters through preparation of accurate
Facility Letter Aide Memoirs (FLAM) and ensuring all proposed conditions
of sanction, covenants and internal risk triggers are correctly and
accurately captured.
- Ensure
efficient management of capital by ensuring. Where facility letters are
not accepted within set timelines, facilities are cancelled from CCRS.
- Ensure
efficient management of capital by ensuring. Where facility letters are
not accepted within set timelines, facilities are cancelled from CCRS.
Portfolio Management-
Monitoring and Control: 20%
- Responsible
for reviewing and analyzing financial information produced by customers
against set Credit triggers and financial covenants.
- Monitor
and Control quality of portfolio using agreed triggers. Reviewing and
engaging Sanctioners on deteriorating trends and trigger events if they
give cause for concern, advising the Relationship Manager simultaneously.
- Recognise
and control potential lending fraud risk through robust operational risk
and control management
Staff Management Time
Split: 10%
- Support
the Team Leaders in delivering effective performance development for
Corporate Credit Managers Assistants (CCMAs) within the team.
- Drive
proactive application of Absa values both personally and throughout the
team.
- Coach
and support colleagues within the Team
Qualifications
- Bachelor’s
degree or equivalent and/or the ACIB
- Knowledge
of credit analysis techniques
- Accreditation
on use of the Commercial Credit Risk system would be an added advantage
Experience
- Proven
experience in a Credit role at a junior management level gained within the
Bank or a blue-chip financial organization
- Excellent
understanding of credit and associated risks
- Experienced
user of Commercial Credit Risk System (CCRS) or a similar system to
analyze, monitor and report on credit applications.
- Good
interpersonal skills that have been proven in a Business or Credit
environment at a management level
Knowledge & Skills
- Knowledge
of lending fundamentals, credit procedures and processes as laid out in
the Absa Africa Wholesale Credit Risk Standards.
- Products
and services frequently used by customers
- Knowledge
of Commercial Credit Risk System and other relevant bank systems.
- Awareness
of legislation affecting the Bank and customers having the highest regard
for confidentiality.
- A
fair understanding of current issues including macro and micro economic
environment.
How to Apply
