Senior Credit Manager: Caf
6 months ago
Bring your possibility to life Define your career with us
- 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
To provide complex specialist advice and support in practice formulation and associated best practice improvement tactics; enabling the provision of specialist risk product expertise.
**Job Description**:
To provide complex specialist advice and support in practice formulation and associated best practice improvement tactics; enabling the provision of specialist risk product expertise. To deliver credit assessment, credit portfolio management, and lending decisions within mandate / personal discretion for high-value and complex Business Banking clients as well as stakeholder engagement with key credit and business solution deliverables.
Accountability: Credit Risk Assessment & Portfolio Management
lending appetite, financing solutions, and structures (i.e. capital, long-term, working
capital) to adequately meet the financing needs of Absa Business Banking clients in
approved lending criteria in line with Absa's lending policies and standards.
- Mitigate financial and other credit risks for Absa and its clients by requesting
security in line with the credit policy.
- Participate in the formulation and implementation of lending strategies, risk
appetite and lending criteria by providing feedback and suggestions to the Sector Head based on market trends, actual client interaction/experience, and industry
research.
- Manage critical success factors with Relationship Executives (REs) and Credit
Teams to ensure that appropriate credit risk decisions are taken pro-actively
communicating and interacting with REs in order to solve client financing
needs.
- Monitor and manage a dedicated portfolio of clients against agreed Absa Business
Banking strategies and portfolio credit requirements in order to improve the overall
quality of the portfolio by referring to approved credit policy and target market
criteria.
- Ensure high standards of credit discipline are applied to portfolio monitoring and
control activities, especially unauthorized excesses, unrated exposures, and overdue
reviews by referring to the relevant credit systems, i.e. Global Credit Information
System (GCIS), Credit Management System (CMS), or Review Manager.
- Maintain credit records as required per standard instructions in terms of GCIS and
other recording systems by verifying for the correctness and forwarding GCIS
templates for uploading to the GCIS capturing team.
- Maintain awareness of Basel, South African Reserve Bank (SARB), and other
regulatory requirements by attending workshops and referring to relevant training
material and circulars.
- Ensure that up-skilling is maintained in terms of industry-specific and lending
principles in general by attending workshops, reading/studying of industry related
publications and participating in training.
Accountability: Business Management
- Maintain a network of internal stakeholders and industry professionals to maximize
financial benefit for the Bank and to stay abreast of best practices by attending
industry workshops, seminars and conferences.
- Management of credit and impairment risk to maintain an appropriate level of
impairment and classification of Early Warning List (EWL) clients by referring
relevant cases to the Business Support department and complete required
strategy sheets, i.e. financial information, background, and value of security.
- Assist the Business Support department with the management of high-value and
complex high-risk client exposures from a specialist industry perspective by means
of client visits, completion of strategy sheets (including suggested solutions),
attending monthly impairment meetings to provide specialist input.
- Adherence to governance, compliance, and lending portfolio controls and
management information by referring to relevant policy guidelines and circulars.
- Responsible for the sharing of specialist knowledge and experience, including
provision of technical solutions, innovative ideas, and best practices within our own and
across other credit teams, specifically also to junior credit managers and
relationship executives with a primary aim to enhance external customer value.
- Proactively adopt, execute, and implement change initiatives agreed upon with the Business
Banking Credit management in support of overall BB Credit strategy and change
initiatives.
Accountability: Customer Service
- Maintain a professional image (appearance, industry knowledge, etc.) of BB Credit
during all client interactions.
- Maintain minimum agreed levels of interaction with relationship executives and
clients in the Key and Premium CVP. Identify additional income generating
opportuniti
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