Senior Business Support Specialist
2 weeks ago
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
The jobholder is responsible to carry out quality risk assessments, strategy formulation, client interaction and delivery of turnaround and managed exit strategies to a portfolio of customers experiencing financial distress in a premium and high value segment.
**Job Description**:
Credit Risk Management
- Lead detailed negotiations with customers, other lenders, creditors and 3rd party advisors regarding the agreement to and implementation of strategy, to ensure properly mitigated credit risk for the Bank, based on continued bank support.
- Where appropriate, obtain customer’s agreement to the use of professionals including accountants, turnaround professionals, attorneys and property professionals.
- For turnaround customers, agree critical success factors in liaison with Relationship Executives, Regional Credit Managers and other Credit teams to ensure credit risk normalisation and relationship preservation. Obtain customer commitment and agreement to implement appropriate risk mitigation strategies and remedial actions to improve the client credit risk profile.
- Be able to pro-actively identify and suggest alternative corporate structures and / or Corporate Finance actions (e.g. merger activity, consolidation or divisionalisation of entities etc.)
- Solid understanding of legal documentation and associated risks, including:
- Review of all legal documentation pursuant to the existing facility structure, identifying and obtaining additional security and / or shortcomings in terms of said structure
- Review of all legal documentation which is entered into from a restructure perspective
- Must be able to engage and support internal legal counsel with respect to litigation matters
- Interact with client representatives, most at senior level (e.g. CEO and /or FD), including shareholders from time to time, and be able to meaningfully discuss and question the client’s proposed strategies and action plans - including appraisal of budgets and cash flow plans
- Identify where risk mitigation strategies have broken down and negotiate and implement remedial or corrective action in consultation with the client.
- Make lending decisions within an appropriate personal mandate.
- Structure a lending solution for the client based on the analysis conducted, that will account for the potential threats to the client and, that is within set credit limits and the Bank's credit lending policies and appetite.
- Produce relevant management information and statistics, i.e. monthly impairment assessment and Strategy sheets, etc as required from time to time.
- Manage exposures by taking daily credit decisions and reviewing information from various systems (CMS) and taking credit decisions accordingly.
- Request and drive valuations on properties from RE’s/business units, which serve as security for facilities to be used to calculate impairments.
- Champion the Business Support team’s relationship with internal and external customers, develop a strong network of internal contacts, external and panel professionals to maximise financial benefit for the Bank.
- To drive the implementation of appropriate strategies and/or risk mitigation measures in the client portfolio with a view to reducing the Capital at Risk.
- Inputs into the weekly/monthly impairment forecasting, as required from time to time.
- Proactively manage Business Rescue as governed by Chapter 6 of the Companies Act of 2008, and in alignment with the existing Business Support Procedures for time to time.
- Monitor the client’s business performance on a continuous basis, in addition to performing formal reviews at specified time intervals, to ensure early identification of changes to the client's risk profile.
- Analyse and interpret the clients' historical data i.e. financial statements to forecast the client’s potential growth and sustainability and make recommendations or take decisions within mandate.
- Ensure client meets financial convenants and the facility terms and conditions on a monthly basis by reviewing in line with the agreed covenants/terms and conditions/timelines.
- Review and recommend the impairment calculations, strategy to be adopted and Watch List risk classification for each client, which forms part of the Watch List summary for all High Value clients under his/her control.
- Review the Impairment/Capital at Risk calculation, on a monthly basis and sign off in line with the Bank policies.
- To manage the clients' value to Absa through optimising revenue opportunities i.e. pricing for risk in terms of the Pricing policy.
- Mitigate and manage the credit exposure to the Bank by adherin
-
Business Support Specialist
3 days ago
Johannesburg, South Africa FirstRand Full timeJob Description Research and development of growth opportunities within existing portfolios to unlocking new revenue opportunities - Increased growth and volumes through successfully obtaining business opportunities - Manage costs / expenses within approved budget to achieve cost efficiencies - Deliver exceptional service that exceeds customers’...
-
Senior Education Specialist: Business Studies
Found in: beBee S ZA - 3 weeks ago
Gauteng, Johannesburg, South Africa Ekurhuleni West TVET College Full timeEkurhuleni West TVET College’s job vacancy, Career and Recruitment Job title : Senior Education Specialist: Business Studies jobs in Gauteng Job Location : Gauteng, Johannesburg Deadline : April 18, 2024 Quick Recommended Links Jobs by Location Job by industries Ref: EWC 04/2024 Requirements: National Senior Certificate / Grade 12 or NCV Level...
-
Senior Education Specialist: Business Studies
Found in: beBee S ZA - 4 weeks ago
Gauteng, Johannesburg, South Africa Ekurhuleni West TVET College Full timeEkurhuleni West TVET College’s job vacancy, Career and Recruitment Job title : Senior Education Specialist: Business Studies jobs in Gauteng Job Location : Gauteng, Johannesburg Deadline : April 18, 2024 Quick Recommended Links Jobs by Location Job by industries Ref: EWC 04/2024 Requirements: National Senior Certificate / Grade 12 or NCV Level...
-
Regulatory Support Specialist
1 day ago
Johannesburg, South Africa Santam Full timeCAREER OPPORTUNITY Santam Specialist Business has a career opportunity for a Regulatory Administrator in our Specialist Regulatory team who will be based in Johannesburg. The Specialist Regulatory team provides support services to businesses to ensure adherence to regulatory requirements at an operational level. Role Purposes To engage and support with...
-
Senior Pv Specialist
7 days ago
Johannesburg, South Africa F and G Sourcing Specialist Full timeOur **Renewable Energy Client** is currently looking for a **Snr PV Specialist** (Subject Matter Expert) based in **Midrand** In this role, you will take lead in all Solar PV design, installations, commissioning and signing off as the accountable / Professional Engineer. You will work alongside project engineers, master electricians, project managers and...
-
Senior Specialist: Telecoms Support Service
Found in: beBee S ZA - 3 weeks ago
Gauteng, Johannesburg, South Africa Vodafone Global Enterprise Full timeVodafone Global Enterprise’s job vacancy, Career and Recruitment Job title : Senior Specialist: Telecoms Support Service – JHB jobs in Gauteng Job Location : Gauteng, Johannesburg Deadline : April 12, 2024 Quick Recommended Links Jobs by Location Job by industries Role Purpose/Business Unit: Do you have a vision for how technology can empower...
-
Specialist Change Manager Ftc
7 days ago
Johannesburg, South Africa Tych Business Solutions Full time**Job ID**: 90778**Date Posted**: Posted 52 mins ago**Location**: Johannesburg**Job Title**: SPECIALIST CHANGE MANAGER FTC - JOHANNESBURG - GAUTENG Work Accountabilities: - Leverage a change management methodology, process and tools to create a strategy to support adoption of the changes required by a project or - Support communication Enable the design,...
-
Specialist: Decision Support
Found in: beBee S ZA - 3 weeks ago
Gauteng, Johannesburg, South Africa Vodacom Full timeVodacom’s job vacancy, Career and Recruitment Job title : Specialist: Decision Support – Johannesburg jobs in Gauteng Job Location : Gauteng, Johannesburg Deadline : May 03, 2024 Quick Recommended Links Jobs by Location Job by industries Role Purpose/Business Unit: To ensure that key business objectives of MAST are met through providing operational...
-
Specialist: Decision Support
Found in: beBee S ZA - 4 weeks ago
Gauteng, Johannesburg, South Africa Vodacom Full timeVodacom’s job vacancy, Career and Recruitment Job title : Specialist: Decision Support – Johannesburg jobs in Gauteng Job Location : Gauteng, Johannesburg Deadline : May 03, 2024 Quick Recommended Links Jobs by Location Job by industries Role Purpose/Business Unit: To ensure that key business objectives of MAST are met through providing operational...
-
Senior Specialist
2 days ago
Johannesburg, South Africa Nedbank Full time**Job Title** Senior Specialist TVC (JR126554) - Location- Johannesburg, Gauteng**Job Purpose** - Steer and support efficient and effective evidence-based decision-making on identified risk transactions as well as supporting the establishment and management of the Centre of Excellence for Transaction screening/ Anti Money Laundering (AML). To drive a...
-
Business Support Specialist: OT Sustainability
Found in: beBee jobs ZA - 2 weeks ago
Johannesburg, Gauteng, South Africa SabenzaIT Full timeAre you passionate about shaping the technological landscape of both Information Technology (IT) and Operational Technology (OT) domains? Do you thrive on designing and implementing cutting-edge infrastructure solutions that seamlessly integrate Digital Technology (DT)? If so, we have an exciting opportunity for you to join our dynamic team as Business...
-
Senior Specialist
Found in: Talent ZA C2 - 3 weeks ago
Johannesburg, South Africa Telebest Full timeOur client has an opportunity available for a Senior Specialist in the Product Enterprise Security Service department.Requirements:3+ years tertiary diploma.Relevant certification or accreditation with the professional body as required for this role.Fluent in origin language with basic English skills.2+ years’ experience in an area of specialization...
-
Senior Business Analyst
Found in: Whatjobs ZA C2 - 6 days ago
Johannesburg, South Africa Planet10 Full timeWe are currently looking for a Senior Business Analyst who will be responsible for creating, refining, and clarifying the detailed definition of the business need, designing the corresponding business processes, and supporting the implementation of the business solution. As a Senior Business Analyst, you will be expected to lead, support, and manage a team...
-
Business Specialist
Found in: beBee S ZA - 3 weeks ago
Gauteng, Johannesburg, South Africa The South African Breweries Full timeThe South African Breweries’s job vacancy, Career and Recruitment Job title : Business Specialist jobs in Gauteng Job Location : Gauteng, Johannesburg Deadline : May 12, 2024 Quick Recommended Links Jobs by Location Job by industries Job Summary The key purpose of the Business Analyst – Procure to Pay role is to provide application support and...
-
IT Support Specialist
Found in: beBee S ZA - 3 weeks ago
Johannesburg, South Africa Network Recruitment Full timeOur client, a key player in the Global mining supply industry is on the lookout for a highly motivated and skilled IT Support Specialist to join their team in Midrand, Gauteng. The successful candidate will be responsible for monitoring and maintaining our computer systems, devices, and networks, ensuring they operate efficiently and securely. This role...
-
Senior Specialist: Solution Architect Applications
Found in: Talent ZA C2 - 3 weeks ago
Johannesburg, South Africa PBT Group Full timePBT Group has an opportunity for a Senior Specialist: Solution Architect Applications. As a Senior Specialist: Solution Architect Applications (Solutions Architect), you will be responsible for evaluating the organization's business needs and determining how IT can support those needs by leveraging software, hardware, or infrastructure. As well as ensuring...
-
Application Support Specialist
Found in: Talent ZA 2A C2 - 3 weeks ago
Johannesburg, South Africa PRR Recruitment Full timeApplication Support Specialist – Rneg (Fully remote)This role is fully remote this client is in an Information Technology house that values high-quality services by finding solutions to problems.The ideal candidate will need to have the following skills and experience:Advanced skills in MS Excel.Experience with MS Excel Power Query (M Language).A...
-
IT Support Specialist
Found in: beBee jobs ZA - 1 week ago
Johannesburg, Gauteng, South Africa Network Recruitment Full timeOur client, a key player in the Global mining supply industry is on the lookout for a highly motivated and skilled IT Support Specialist to join their team in Midrand, Gauteng. The successful candidate will be responsible for monitoring and maintaining our computer systems, devices, and networks, ensuring they operate efficiently and securely. This role...
-
Senior Azure Technical Architect
3 days ago
Johannesburg, South Africa Tych Business Solutions Full timeThe Senior Technical Architect works with colleagues and contributes to the development and design of complex solutions based on their technical knowledge across two or more technology domains. The individual in this position is required to complete the overall technical design and build of the large, complex elements of the solution to meet a client’s...
-
Customer Support Specialist
Found in: beBee jobs ZA - 1 week ago
Johannesburg, Gauteng, South Africa Jobking Full timeAs a Customer Support Specialist (Spare Parts), you will be part of the Industrial Automation Division and Power Generation Business Units (BU) based in Modderfontein. ABB is the World leader in Industrial Automation (IA) division delivers integrated solutions for control, plant optimization, and industry-specific application knowledge and services to help...