Credit Risk Manager

3 weeks ago

Johannesburg, South Africa TotalEnergies Full time

**Pays**

Afrique du Sud

**Lieu**

South Africa

**Lieu de travail**

JOHANNESBURG-BIERMANN AV(ZAF)

**Domaine**

Finance

**Type de contrat**

CDI

**Expérience**

Minimum 6 ans

**Qualification/ Experience Required**
- B Comm degree is a requirement
- Minimum of 5 years experience business related experience
- Understanding of Commercial Law
- Ability to analyse financial statements
- Key competencies required: Deciding and Initiating Action, Adhering to Principles and Values, Presenting and Communicating Information, Analysing, Planning & Organising, Delivering Results, Leading and Supervision, Meeting of Customer expectations, Strong understanding of Credit Analysis and Policies, Good understanding of Risk Management Principles, Excellent time-management skills
- Technical competencies required: Good working knowledge of Accounts Receivable module of Harmonie/SAP, good SAP report writing skills, Good working knowledge of Microsoft Products
- People Management
- English is the working language

**Activités**

**Controlling and Reporting:
- To prepare and provide and provide documents to the Credit Committee and ensure alignment to Financial Accounting Standards
- To perform a Risk Assessment on all new customers (prior to entering into any commercial relationship). This must be based on Internal and External information
- To analyse the Credit Results on a monthly basis and to provide the Accounts Receivable Manager Managers with a guideline of ensuring accurate and prompt collections in lieu of critical risk elements
- To provide an accurate and ongoing reconciliation of securities and approved Credit limits
- To prepare, submit and examine reports pertaining to Customer Accounts Manager
- To manage sub-portfolio of customers within the credit control department
- To manage Customer Accounts Banking Control portfolio

**Business Developments**:

- Analyse customer financial situations to ascertain strengths and weaknesses and keep commercial teams informed
- To establish a suitable Credit Limit for customers in line with delegation of authorities
- To ensure guarantees in place in line with credit risk associated to the customer ,or choose no risk payment terms (pre-payment)
- Manage the relationship with external service providers
- credit bureau (Inoxico), all credit insurers(Garage Sure,CGIC,Lombard)
- To ensure Credit Insurance claims are submitted timeously to avoid repudiation due to late submission.
- To ensure P&L budget objectives are adhered to with regards to Bad Debt Provision and Bad Debt write off
- Establish a control framework (e.g. information systems access and authorities, delegation of Authorities, SOX controls
- To follow all request of file transfers to Litigation in order to have a managed approach to minimise the Bad Debt Provisions
- trader accounts)
- To establish controls/processes to manage Credit Risk exposure in order to reduce DSO and optimize Working Capital
- To establish Classification Risk classes
- Referral of all Acknowledgement of Debts requests to the Customer Account Manager/ Legal/Credit Committee
- To ensure correct information for auditing purposes and provision plus WCR calculation
- To define clear segregation of duties between the Credit/Business Support and Sales and Marketing teams
- To establish and maintain a Credit Risk Policy in conjunction with Customer Accounts Manager, allowing Risk control (calculate and validate credit limits)
- To manage timeous annual credit reviews including:

- preparation of approval memo for CDMS (9 customers above 20M$)
- preparation of approval memo for Afrique Direct (16 customers above 4.8 M$)
- To implement clear rules on term setting/conditions of payment in order to minimise the bad debts and to optimise the cash flow from debtors
- To define the rules in conjunction with Customer Accounts Manager of order blocking and release as per the Group Policy and in terms of Levels of Authority
- To provide assistance to the Auditors on all requirements (for internal and external auditors)
- To build and maintain relationships with key internal and external customers and stakeholders
- To ensure a well-managed Credit Risk Department regarding resource allocation and workload

**HSEQ:
- To ensure that Customer files safekeeping and are updated and kept up to date with the required documentation for the approval of accounts and limits
- To ensure the safekeeping of all documents securing debt

**People management and development:
- To ensure sustainable motivation and talent development within the team
- To regularly monitor team and individual results and identify problems

**Contexte et environnement**

**Context and Environment**
- Meeting of stringent deadlines with regards to timeous reports and audit requirements
- High degree of responsiveness expected from Commercial divisions
- Cross-department collaboration
- Risk sensitivity to high risk economic cycles in South Africa and business
- Necessity to analyse rapidly fi

  • Credit Risk analyst

    4 weeks ago

    Johannesburg, South Africa Credit Link Placements Full time

    The overall purpose of the job is to assess and mitigate risk by carrying out a comprehensive and quality credit risk function by analyzing the client’s business, financial statements, and management accounts in order to provide a recommendation on new accounts and existing accounts annually. · Record new account information in the new accounts register...

  • Credit Risk analyst

    5 days ago

    Johannesburg, Gauteng, South Africa Credit Link Placements Full time

    The overall purpose of the job is to assess and mitigate risk by carrying out a comprehensive and quality credit risk function by analyzing the client's business, financial statements, and management accounts in order to provide a recommendation on new accounts and existing accounts annually. · Record new account information in the new accounts register...

  • Credit Risk analyst

    3 weeks ago

    Johannesburg, South Africa Credit Link Placements Full time

    The overall purpose of the job is to assess and mitigate risk by carrying out a comprehensive and quality credit risk function by analyzing the client’s business, financial statements, and management accounts in order to provide a recommendation on new accounts and existing accounts annually. · Record new account information in the new accounts register...

  • Credit Risk Manager

    2 months ago

    Johannesburg, South Africa Milton Resourcing Full time

    As a Credit Manager, you will be responsible for a diverse range of tasks aimed at safeguarding the bank's financial health and maintaining a robust credit policy. Your key responsibilities will include but not be limited to: - ** Credit Assessments**: Conducting thorough credit assessments of individuals and businesses to evaluate their creditworthiness...

  • Credit Risk Manager

    5 days ago

    Johannesburg, Gauteng, South Africa Milton Resourcing Full time

    As a Credit Manager, you will be responsible for a diverse range of tasks aimed at safeguarding the bank's financial health and maintaining a robust credit policy.Your key responsibilities will include but not be limited to:- Credit Assessments: Conducting thorough credit assessments of individuals and businesses to evaluate their creditworthiness and...

  • Manager: Credit Risk

    2 months ago

    Johannesburg, South Africa Telebest Full time

    Our client has an opportunity available for a Manager in the Credit Risk department based in Sandton.Requirements:CA or BCom postgraduate qualification.MBA would be advantageous.10 to 15 years Credit Risk experience in a financial institution.3+ years managing teams directly or indirectly.Experience in risk mitigation standards and processes.Proven track...

  • Manager: Credit Risk

    3 weeks ago

    Johannesburg, South Africa Telebest Full time

    Our client has an opportunity available for a Manager in the Credit Risk department based in Sandton.Requirements:CA or BCom postgraduate qualification.MBA would be advantageous.10 to 15 years Credit Risk experience in a financial institution.3+ years managing teams directly or indirectly.Experience in risk mitigation standards and processes.Proven track...

  • Manager: Credit Risk

    5 days ago

    Johannesburg, Gauteng, South Africa Telebest Full time

    Our client has an opportunity available for a Manager in the Credit Risk department based in Sandton.Requirements:CA or BCom postgraduate qualification.MBA would be advantageous.10 to 15 years Credit Risk experience in a financial institution.3+ years managing teams directly or indirectly.Experience in risk mitigation standards and processes.Proven track...

  • Credit Risk Manager

    2 weeks ago

    Johannesburg, South Africa FirstRand Full time

    Job Description To maximise the banks Risk-Adjusted Rate of Return by managing credit risk in the entire portfolio and individual transactions as well as managing Credit Analysts - Achieve year on year TotalRevenue Growth for the Business - Reduce Bad debts as a percentage of performing loans utilisation based on effective lending principals applied during...

  • Credit Risk Manager

    2 months ago

    Johannesburg, South Africa LMP RECRUIT Full time

    Are you hands on and strategic. Our client in the Fnancial technology sector seeks your sound experience as a Credit - Risk manager. **Qualification and Experience**: - BCom Honours in Economics, Finance, or related disciplines or alternatively a BSC Degree in Statistics or Mathematics (Quantitative degree) or equivalent. - Analytical skills (ability to...

  • Credit Risk Manager

    3 weeks ago

    Johannesburg, South Africa LMP RECRUIT Full time

    Are you hands on and strategic. Our client in the Fnancial technology sector seeks your sound experience as a Credit - Risk manager. **Qualification and Experience**: - BCom Honours in Economics, Finance, or related disciplines or alternatively a BSC Degree in Statistics or Mathematics (Quantitative degree) or equivalent. - Analytical skills (ability to...

  • Credit Risk Manager

    14 hours ago

    Johannesburg, South Africa Network Recruitment Full time

    Job Description: As a Credit Risk Manager, you will play a critical role in their team, responsible for overseeing and managing credit risk activities. Your primary focus will be on Impairment model development (PD, LGD, EAD, and ECL), and you will also have the opportunity to contribute your skills in model validation and audit processes. You will lead and...

  • Credit Risk Manager

    5 days ago

    Johannesburg, Gauteng, South Africa Performability Full time

    The Credit Risk Manager is responsible for the management of Credit Risk across the life cycle of the unsecured loans portfolio. This not only includes being able to provide the strategic direction for the portfolio but also being able to undertake in-depth analysis of the portfolio. This position involves utilising insights gained from analytics to inform...

  • Credit Risk Manager

    5 days ago

    Johannesburg, Gauteng, South Africa FirstRand Full time

    Job DescriptionTo maximise the banks Risk-Adjusted Rate of Return by managing credit risk in the entire portfolio and individual transactions as well as managing Credit Analysts Achieve year on year TotalRevenue Growth for the Business Reduce Bad debts as a percentage of performing loans utilisation based on effective lending principals applied during...

  • Manager - Credit Risk

    3 weeks ago

    Johannesburg, South Africa JeloCorp Full time

    Main purpose of the Job:To carry out comprehensive credit risk management for the branchDuties & Responsibilities:To analyze credit applications made by the corporate banking and treasury departments, including risk review of internal credit ratings and post-loan management reports.Review credit limit and transaction application and provide risk review...

  • Manager - Credit Risk

    2 months ago

    Johannesburg, South Africa JeloCorp Full time

    Main purpose of the Job:To carry out comprehensive credit risk management for the branchDuties & Responsibilities:To analyze credit applications made by the corporate banking and treasury departments, including risk review of internal credit ratings and post-loan management reports.Review credit limit and transaction application and provide risk review...

  • Credit Risk Manager

    2 months ago

    Johannesburg, South Africa PRR Recruitment Services Full time

    **Credit Risk Manager - R650k p.a dependant on experience and qualifications** This well know financial services company based in Rosebank is looking for a Credit Risk Manager - BCom Honours in Economics, Finance, or related disciplines or alternatively a BSC Degree in Statistics or Mathematics (Quantitative degree) or equivalent. - Analytical skills...

  • Manager - Credit Risk

    2 months ago

    Johannesburg, South Africa Jelocorp Full time

    Main purpose of the Job:To carry out comprehensive credit risk management for the branchDuties & Responsibilities:To analyze credit applications made by the corporate banking and treasury departments, including risk review of internal credit ratings and post-loan management reports.Review credit limit and transaction application and provide risk review...

  • Manager - Credit Risk

    3 weeks ago

    Johannesburg, South Africa Jelocorp Full time

    Main purpose of the Job:To carry out comprehensive credit risk management for the branchDuties & Responsibilities:To analyze credit applications made by the corporate banking and treasury departments, including risk review of internal credit ratings and post-loan management reports.Review credit limit and transaction application and provide risk review...

  • Credit Risk Manager

    5 days ago

    Johannesburg, Gauteng, South Africa Logic 360 Group Full time

    Job Purpose The Credit Risk Manager is responsible for the management of Credit Risk across the lifecycle of the unsecured loans portfolio. This not only includes being able to provide the strategic direction for the portfolio but also being able to undertake indepth analysis of the portfolio.This position involves utilising insights gained from analytics to...