Senior Credit Manager

1 week ago

Johannesburg, Gauteng, South Africa Affirmative Portfolios Full time

Finance

JHB North
***:
SENIOR CREDIT MANAGER - ORIGINATION

JOHANNESBURG NORTH

Department - Group Risk Management Division (GRMD)

Reports to - Manager: Credit Risk Origination

Overview:


Partner with the Business Unit/s and become part of the core client assessment team with an aim to bring diversity of skills, disciplines and experiences in the onboarding and early assessment of credit risk and investment that deliver on the mandate.


Deliver value -added skills and advisory services to the early-stage due-diligence process by appropriately co-identifying the risks being taken and proposing mitigating factors in line with the organization's risk appetite frameworks and applicable standards.


Packaging and offering suitable solutions and mitigations that are aligned to the risk appetite of the Corporation thereby improving the quality of credit submissions and enhancing quicker turnaround, while maintaining an independent view.


Key Responsibilities:

  • Participate in Due Diligence investigations with the SBUs & Regional Offices, provide advice on risks to be assumed, mitigating factors and assessing viability of projects.
  • Participation in Basic Assessment processes and presenting the Credit Risk Opinion and obtain CEM participation and indication of final credit structure requirements.
  • Assist in risk identification and mitigation, ensuring compliance to credit policy and spreading of financials (if not undertaken by business) and provide SBU with "indicative risk grade and pricing".
  • In collaboration with Legal department seek for the adoption of a consistent approach in the drafting of standardized finance documentation across Group Counterparties as appropriate to ensure adoption of consist credit terms;
  • Encourage adherence to the organization's stated Risk Appetite levels to front line and encourage conduct be within such stipulated appetite levels.
  • Ensure credit submissions are undertaken in strict compliance with the official Credit and Investment submission templates of the organization;
  • Provide input into the review and enhancement of the Credit & Investment Template as required.
  • Facilitating constructive working relations and healthy working morale between the credit risk department and relevant SBUs;
  • Provide appropriate guidance and support during deal development and structuring phases and act as a sounding board throughout the credit onboarding process ;
  • Identification and mitigation of project and/or counterparty risks
- including the development of a Project risk matrix in conjunction with the relevant SBUs;

  • Ensuring that the terms and conditions of credit committee approvals are well documented and executed in the legal agreements and draw documents
  • Participate in the drawdown process and provide independent credit signoff as required from time to time. ,
  • Attend and participate client and/or deal structuring meetings prior to DDF and provide advisory credit and structuring services on potential transactions after being cleared for any potential conflict of interest.
  • To coordinate and share information with Credit Evaluation Manager ("CEM") in the processing of the new transaction and ensure an option is provided for CEM to attend client meetings if and as required;
  • Ensure timely submission of completed and comprehensive final report pack to CEM ahead of submission into the formal Credit and Investment sanctioning process;
  • Ensure adherence to the principle of "need to know" by ensuring all information shared is aligned and limited to the credit origination process;
  • Perform credit checks and deed searches on prospective and existing clients
  • Attending Credit committees and Executive Policy meetings as and when required;

Qualifications:

  • CA / B Com post graduate qualification. (or equivalent degree)
  • MBA would be an added advantage

Experience/Skills Required:

  • 8 to 10 year's relevant experience in a financial institution, 5 years of which must be specifically in the Credit Risk space.
  • Knowledge and Understanding of credit risk and any associated risks prevalent in the financing of transactions/projects.
  • Ability to influence stakeholders and team members
  • Experience working in a highlevel collaborative environment
  • Ability to manage multiple competing priorities while building effective relationships
  • Extremely organized and persistent, with drive and determination to achieve goals
  • Require excellent computer skills and proficiency with Microsoft Office (Excel, Access, Word, PowerPoint)
  • Exceptional planning and organizational skills: the ability to handle several complex tasks simultaneously and also coordinate key projects with a variety of stakeholders is essential
  • Proven communication skills are essential must possess great written and verbal skills to be able to work effectively with others.
  • Ability to present and communicate technical information in a clear and concise mann

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