Corporate Credit Manager

JOB SUMMARY

QualificationsBachelor’s degree or equivalent and/or the ACIBKnowledge of credit analysis techniquesAccreditation on use of the Commercial Credit Risk system would be an added advantageExperienceProven experience in a Credit role at a junior management level gained within the Bank or a blue-chip financial organizationExcellent understanding of credit and associated risksExperienced 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

RESPONSIBILITIES

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 portfolioThe 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 managementStaff 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

REQUIRED SKILLS

Corporate finance, Credit auditing, Credit handling, Financial analysis

REQUIRED EDUCATION

Bachelor's degree