Credit Manager: Commercial Banking and Transformation

5 days ago

East London, South Africa Fempower Full time

MAIN PURPOSE OF THE JOB

The Credit Manager is responsible for the overall applications Commercial Banking and Transformation (CBT) assigned to their defined region as it relates to credit assessment function and credit risk management of new business, existing business and restructured accounts.
Manage the end to end credit process of Commerical Banking and Transformation (CBT) Banking clients in order to enable Bank to provide sustainable financing to farmers.

Collectively approve loans and credit limits under delegated authority within the Regional Credit Committee (RCC), and review transactions for recommendation within delegated authority mandate.
Review and present proposal to Credit Investment Committee (CIC) and full board.
Find innovative credit solutions for Commerical Banking and Transformation (CBT) clients in order to ensure that credit risks in this target market are adequately assessed, mitigated and controlled.
Co-ordinate Regional Credit Committee (RCC), Provincial Credit Committee (PCC) and Pricing Committee meetings;
Manage committee processes and adherence to set policies, and act as an information and reference point for the Chairman and other committee members.
Manage, control and authorise tasks performed by the Credit Analysts and Credit Administrators.

Effectively liaise and communicate with the relevant stakeholders within the Bank to action performance gaps and variances in the credit proposals.
Actively provide input in the review and or improvement of the Credit Policy and Procedures in order to enhance and ensure that the legal and business requirements are met.

Key Performance Areas
1. Quality Credit Assessment and Credit Risk Management

  • Ensure that all relevant information and documentation has been received from the relevant stakeholders and has all credit related matters addressed.
  • Assess business and financial risk by analysing financial statements of applicants
  • Research and assess the industry in which the business is associated and assess the potential risk of granting the loan
  • Provide technical support to the Credit Analysts & the relevant stakeholders with respect to new loan applications
  • Review credit applications for re-advancement of loans taking into consideration past operational and financial performance of applicants.
  • Identify any deviation from the Account Management Policy and take remedial action.

2. Collective mandate to approve loans and credit limits under delegated authority

  • Compulsory attendance of meetings by the Credit Manager as a voting member.
  • Consider and recommend applications that are mandated to committee for approval, in instances where there is an exception to the approved credit policies
  • Ensure a uniform application of credit policies and processes throughout the Bank;
  • Ensure that approval of credit applications are consistent and in accordance with approved credit policies and acceptable credit risk profiles.
  • Prepare for the meeting including pre-meeting reading of documents circulated prior to the meeting.

3. Manage and perform the duty of the Committee Secretariat (RCC, PCC and Pricing Committee)

  • Co-ordinate Regional Credit Committee (RCC), Provincial Credit Committee (PCC) and Pricing Committee meetings.
  • Manage committee processes and policies, and act as an information and reference point for the Chairman and other committee members;
  • Provide Committee members advice to the Chairman all set policies, norms and processes;
  • Ensure Decision forms are signed within 24 hours of a meeting being held;
  • Document the decision of the committee for each matter that has been considered by the committee and ensure all members sign the decision record
  • Responsible for meeting agenda and logistics

4. Credit Policies and Procedures

  • Ensure that the quality and management of the credit portfolio being considered is in accordance with the Credit policies and procedures of the Bank
  • Ensure that policies and procedures are in place to manage and control credit risk within the Bank;
  • Identify gaps and relevance within agricultural norms as noted in the evaluation policy to make recommendations for CBT Credit policy changes.
  • Provide inputs to review of the Credit policies based on insights gained through management of the credit application process
  • Thorough review of applications with Provincial offices, check adherence to approved credit policies and norms, highlight deviations and suggest corrective action
  • Follow up on suggested corrective actions and submit memos for approval to the relevant Credit Committee

5. Stakeholder Management

  • CBT, Legal, AEA, PFMU (Partnerships)Compile relevant training materials and provide training and guidance to the relevant stakeholders on credit related matters
  • Manage and respond to all allocated queries
  • Responsible to build and maintain relationships within the allocated region
  • Responsible to manage and provide technical support to Provincial Office in respect of credit tools.
  • Visit branches as required to provide guidance, advice and feedback in terms of credit loan applications.
  • Visit clients as required to assess viability and sustainability of the business prior to compilation of an application.
  • Advisory service in structuring of deals to mitigate for identified risks
  • Assist in projects running within a certain period.

6. Governance, recording keeping and reporting

  • Attend to audit findings relating to credit applications for relevant region
  • Initiate corrective action based on audit findings and monitor progress and improvements
  • The following are matters that should be escalated and /or reported to the ECC monthly or more regularly if required:
  • Status of portfolio and performance against targets;
  • A summary of transactions approved by the committee;

7. People Management

  • Performance Management
  • Capacity Planning

Preferred Minimum Education and Experience

  • A relevant 3 year qualification (Degree/Diploma e.g. BCom or BTech)
  • BSc Agriculture degree prefereable with relevant Agric credit experience
  • Credit management experience which includes: 5 – 8 Years
    • Commercial Credit Finance/Business Banking deal structuring
    • Structured trade and commodity finance
    • Strong Financial and Credit Analysis and Assessment background
    • Evaluation of existing business restructure
    • Managing turnaround time.

Critical Competencies

  • Advanced Microsoft Office
  • Advanced knowledge of risk management principles
  • Knowledge / Experience of compliance systems / tools
  • Compliance Management Principles
  • Knowledge of Compliance related legislation
  • Knowledge of Business and Law Principles
  • Additional Requirements
  • Travel as and when required
  • Extended hours as and when required
  • Ability to handle stress successfully
  • Interpersonal skills and conflict resolution
  • Ability to work as a team

 

 

 

 

 

  • Commercial Banking and Transformation Lead

    5 days ago

    East London, Eastern Cape, South Africa Fempower Full time

    Fempower is seeking a highly skilled Commercial Banking and Transformation Lead to join our team. This role will be responsible for the overall applications of Commercial Banking and Transformation (CBT) assigned to their defined region as it relates to credit assessment function and credit risk management of new business, existing business, and restructured...

  • Credit Manager: Commercial Banking and Transformation

    6 days ago

    East London, South Africa Six Sense Full time

    A well-established financial services business is seeking to appoint a Credit Manager: Commercial Banking and Transformation (East London) **Minimum Education and Experience**: - A relevant 3 year qualification (Degree/Diploma e.g. BCom or BTech) - BSc Agriculture degree prefereable with relevant Agric credit experience - Credit management experience which...

  • Credit Manager: Commercial Banking and Transformation

    6 days ago

    East London, South Africa Land Bank Careers Full time

    **Job Advert Summary**: (Land Bank) is South Africa’s only specialist agricultural bank established in 1912, the bank’s sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach. These services enable farmers to finance land, equipment, improve assets and obtain production...

  • Credit Manager: Commercial Banking and Transformation

    5 days ago

    East London, South Africa Jobted ZA C2 Full time

    MAIN PURPOSE OF THE JOB The Credit Manager is responsible for the overall applications Commercial Banking and Transformation (CBT) assigned to their defined region as it relates to credit assessment function and credit risk management of new business, existing business and restructured accounts. Manage the end to end credit process of Commerical Banking and...

  • Credit Manager: Commercial Banking and Transformation

    5 days ago

    East London, South Africa Fempower Full time

    MAIN PURPOSE OF THE JOB The Credit Manager is responsible for the overall applications Commercial Banking and Transformation (CBT) assigned to their defined region as it relates to credit assessment function and credit risk management of new business, existing business and restructured accounts.Manage the end to end credit process of Commerical Banking and...

  • Credit Manager: Commercial Banking and Transformation

    2 days ago

    East London, South Africa Jobted ZA C2 Full time

    Minimum Education and Experience: - A relevant 3 year qualification (Degree/Diploma e.g. BCom or BTech) - BSc Agriculture degree prefereable with relevant Agric credit experience - Credit management experience which includes: 5 8 Years - Commercial Credit Finance/Business Banking deal structuring - Structured trade and commodity finance - Strong Financial...

  • Credit Manager: Commercial Banking and Transformation

    7 days ago

    East London, South Africa Six Sense Consulting Full time

    Minimum Education and Experience: A relevant 3 year qualification (Degree/Diploma e.g. BCom or BTech)BSc Agriculture degree prefereable with relevant Agric credit experienceCredit management experience which includes: 5 8 YearsCommercial Credit Finance/Business Banking deal structuringStructured trade and commodity financeStrong Financial and Credit...

  • Credit Manager: Commercial Banking and Transformation

    6 days ago

    East london, South Africa Six Sense Consulting Full time

    Minimum Education and Experience: A relevant 3 year qualification (Degree/Diploma e.g. BCom or BTech) BSc Agriculture degree prefereable with relevant Agric credit experience Credit management experience which includes: 5 8 Years Commercial Credit Finance/Business Banking deal structuring Structured trade and commodity finance Strong Financial and Credit...

  • Digital Banking Expert

    3 weeks ago

    East London, Eastern Cape, South Africa FirstRand Bank Limited Full time

    Job DescriptionWe are seeking a highly skilled Digital Banking Expert - Financial Transformation to join our team in FirstRand Bank Limited.About the RoleThis is an exciting opportunity for a motivated and experienced professional to lead financial transformation initiatives across our digital banking platforms. You will work closely with cross-functional...

  • Credit Management Specialist

    2 weeks ago

    East Rand, South Africa Credit Link Placements Full time

    Company OverviewCredit Link Placements is a leading recruitment agency specializing in finance and accounting placements.SalaryWe offer an attractive salary package of $60,000 - $80,000 per annum, depending on experience.Job DescriptionIn this role, you will be responsible for managing all aspects of credit control, including coordinating account information...

  • Digital Banking Solutions Expert

    3 weeks ago

    East London, Eastern Cape, South Africa FirstRand Bank Limited Full time

    Job SummaryWe are seeking a highly skilled Digital Banking Solutions Expert to join our FNB Commercial Sales team. In this role, you will be responsible for providing subject matter expertise to clients on all functionality within online banking platforms.

  • Credit Collection Specialist

    1 week ago

    East Rand, South Africa Credit Link Placements Full time

    We are seeking a skilled Credit Collection Specialist to join our team at Credit Link Placements.Job DescriptionThe successful candidate will be responsible for managing credit control functions, including full administration related to credit control. This role requires an understanding of credit control procedures and the ability to coordinate account...

  • Credit Control Specialist

    4 weeks ago

    East Rand, South Africa Credit Link Placements Full time

    Job DescriptionAs a Credit Control Specialist at Credit Link Placements, you will be responsible for managing the full credit control function. This includes overseeing all admin-related tasks related to credit control.You will coordinate account information and maintain accurate records of debtors' data. Your role will involve consolidating credit...

  • Credit Control Specialist

    4 weeks ago

    East Rand, South Africa Credit Link Placements Full time

    Company Overview: Credit Link Placements is a leading provider of credit control solutions, dedicated to helping businesses manage their debtors and improve their cash flow.Salary: The estimated salary for this position is between £25,000 - £35,000 per annum, depending on experience.Job DescriptionWe are seeking a skilled Credit Control Specialist to join...

  • Credit Control Specialist

    3 weeks ago

    East Rand, South Africa Credit Link Placements Full time

    Job DescriptionWe are seeking a highly skilled Credit Control Specialist to join our team at Credit Link Placements. This is an exciting opportunity for an individual with strong financial management skills and a passion for credit control.

  • credit controller

    5 days ago

    East Rand, South Africa Credit Link Placements Full time

    Collections allocations Recons Preparing for handovers Dealing with Boxer, OKFoods and Pickn Pay accounts nationally Work on Excell Work on SAP The preson must have experience in collecting fromFMCG group accounts Matric Credit management 1 to 5

  • Digital Banking Specialist

    4 weeks ago

    East London, Eastern Cape, South Africa FirstRand Bank Limited Full time

    Job OverviewWe are seeking a highly skilled Digital Banking Specialist to join our team at FirstRand Bank Limited. As a key member of our commercial sales and service team, you will be responsible for providing subject matter expertise to clients on all aspects of online banking.About the RoleThe ideal candidate will have a strong background in commercial...

  • Generator & Transformer Supervisor

    2 months ago

    East London, South Africa SKG Properties Full time

    COMPANY OVERVIEW Founded in 2000 SKG Properties specialises in the development, leasing and management of commercial and industrial real estate. Joining us means seizing an opportunity to work in a dynamic, industry leading property company in South Africa, where ethics, customer service and teamwork are the foundation of our success. ROLE OVERVIEW Key...

  • Generator & Transformer Maintenance Supervisor

    2 months ago

    East London, Eastern Cape, South Africa SKG Properties Full time

    Job Title: Generator & Transformer Maintenance SupervisorCompany Overview:SKG Properties is a leading property company in South Africa, specializing in the development, leasing, and management of commercial and industrial real estate.Role Overview:We are seeking a skilled Generator & Transformer Maintenance Supervisor to join our team. The successful...

  • Generator & Transformer Maintenance Supervisor

    2 months ago

    East London, Eastern Cape, South Africa SKG Properties Full time

    Job Title: Generator & Transformer Maintenance SupervisorCompany Overview: SKG Properties is a leading property company in South Africa, specializing in the development, leasing, and management of commercial and industrial real estate.Job Summary: We are seeking a highly skilled Generator & Transformer Maintenance Supervisor to join our team. The successful...