Senior Specialist: Risk Product

5 months ago


Umhlanga, South Africa Absa Bank Limited Full time

Empowering Africa’s tomorrow, together one story at a time.
- With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary

Wealth Credit Origination sits within the Alternative Lending and Debt Structuring Team and ultimately reports to the COO for Relationship Banking. The team is responsible for the origination and structuring of lending solutions to our client base in the Wealth and Family Office market segment.

**Job Description**:
Based in KZN, the Credit Structurer role is of strategic importance and a critical role in the organization. The team works closely with Absa Product Houses, Wealth Bankers and Support teams and Credit Sanctioning.

The team is actively involved in the origination and distribution of transactions, providing structuring guidance, and feedback on pricing, risk and lending solutions to both the bank’s clients and internal product partners to manage the flow of transaction and lending for the region.

The role within Wealth Credit Origination will extend to senior secured debt, asset funding, commercial and residential property development and investment funding, liquidity, and term funding.

The Wealth Credit Origination team has the additional responsibility of overall portfolio risk management, proactive identification of stressed debt and mitigation and restructuring where applicable.

This role is suited to an individual with a relevant commerce degree (NQF7) combined with a relevant postgraduate degree/qualification coupled with a minimum of 10 years of relevant lending experience, and good general banking experience in the Ultra High Net worth and Family Office client segment.

It will require a high degree of professionalism along with strong business acumen, an in-depth understanding of financial analysis, and good presentation and communication skills both verbal and written. Coupled with a self-starter attitude, a positive team player and an established network of business and professional connections.

Education

Bachelor's Degrees and Advanced Diplomas: Business, Commerce and Management Studies (required)
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_



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