Senior Credit Risk Manager

5 months ago

Sandton, South Africa IDC Full time

**Job Description** This is a fixed term contract for 09 months.**

Responsible for Credit and investment risk assessments within the organisation through:

- Preparation of assessments that include thorough and rigorous testing of the base case assumptions provided by the client or client facing teams and provide the necessary independent attestation on the merits of the business case.
- Where necessitated, requesting amendments to proposed terms such as gearing/leverage requirements, default covenants, cash sweep mechanisms, as well as tenor increase/decreases.
- Being able to address issues within the disciplines of the credit management cycle, including ensuring that annual reviews are undertaken at least annually by CSG, and risk grades updated and pro-actively assisting clients ahead of distress, improving the portfolio credit quality and avoiding concentrations, thereby improving earnings and growth to ensure the integrity of the IDC portfolio and instill an effective and appropriate risk management culture

**Qualification and Experience** Qualifications**
- CA / B Com degree (or equivalent) post graduate qualification.
- MBA would be an added advantage

**Knowledge and skills**:

- 8 to 10 year’s relevant experience in a financial institution,
- Knowledge and understanding of credit risk and any associated risks prevalent in the financing of transactions/projects.
- Portfolio management experience will be an advantage
- Experience working in a high-level collaborative environment
- Ability to manage multiple competing priorities while building effective relationships
- Extremely organized and persistent, with drive and determination to achieve goals

**Roles and Responsibilities**
- Provision of independent credit & investment assessments and evaluation on credit submissions to approval committees; exercise credit judgment; and make sound credit recommendations within stipulated Service Level Agreement.
- Seek to obtain/enhance collateral to reduce the impact of loss given specific default (“LGD”).
- Ensure adherence to credit policies and procedures as well as team alignment to the Credit Risk Appetite Strategy, taking into account group counterparty concentration guidelines;
- Provide appropriate guidance and support during Deal Development Forums (DDF) and act as a sounding board throughout the credit process;
- Provide an approach that is reasoned, impartial and encourages participation and challenge to analysis and credit risk mitigation proposals accountability for the pricing of all deals and investments
- Position submissions at the relevant sanctioning committee and respond to questions;
- Provide support, guidance and a consistent approach and interpretation of credit and investment principles across the full credit cycle (cradle to grave),
- Provide an approach that is reasoned, impartial and encourages participation and challenge to their analysis and credit risk mitigation proposals accountability for the pricing of all deals and investments;
- Responsible for independent evaluation of annual credit reviews and provide oversight to ensure these are undertaken aligned with requirements (at least annually) and provide guidance to teams on matters to be followed up and incorporated in the further design and origination of credit and/or investment proposals;
- Ensure breaches/ potential breaches and/ or exceptions, are timeously addressed and propose, with the Legal, such relevant powers of enforcement as appropriate to fully protect the interests of the IDC;
- Partner CSG in the monitoring and restructuring efforts for distressed and work-out clients and in determining and agreeing appropriate credit strategies for clients prior submission to the relevant credit approval authority;
- In collaboration with Legal department seek for the adoption of a consistent approach in the drafting of standardized finance documentation across Group Counterparties as appropriate to ensure consistency of credit terms;
- Assist origination in ensuring, prior facility draw-down, that all key and specific credit conditions, such as default ratios, re-pricing terms, information provision conditions, etc, are correctly and clearly documented and properly defined in the relevant facility agreements;
- Standing Invitee and participant at Investment Monitoring Committee and Portfolio Monitoring Technical Committee and any other portfolio monitoring forums as established by the Corporation from time to time, which would include the management of early distress, watchlist and non-performing clients

**Roles and Responsibilities (cont.)**
- Oversight on the Collateral Management process, ensure that collateral is maintained and managed in accordance with the IDC Credit Policy and Collateral Valuation Guidelines and ensure that the support of Credit is obtained prior to any release or amendment of collateral terms;
- Partner with Risk Governance and Portfolio Management to provide insights on client conduct and

  • Senior Credit Risk Manager

    1 month ago

    Sandton, South Africa TalentCru Full time

    Job Title: Senior Credit Risk ManagerAs a Senior Credit Risk Manager at TalentCru, you will be responsible for leading the Credit Origination team to deliver high-quality credit risk management solutions to our clients. Your expertise in credit risk assessment, origination, and management will be instrumental in driving business growth and ensuring the...

  • Senior Credit Risk Analyst

    6 months ago

    Sandton, South Africa Absa Bank Limited Full time

    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 Manage...

  • Senior Credit Risk Manager

    2 weeks ago

    Sandton, South Africa TalentCru Full time

    Job Summary:TalentCru seeks a highly skilled Credit Analyst to join their team. The ideal candidate will have a strong understanding of credit risk management and have experience working in a financial institution.Key Responsibilities:Oversee the origination of deals and manage credit and investment risk at the onboarding stage.Process credit proposals and...

  • Credit Risk Manager

    4 weeks ago

    Sandton, South Africa DBSA Full time

    Key Responsibilities:The Credit Review Analyst will be responsible for managing a portfolio of high-value and/or high-risk clients, conducting thorough credit evaluations, and assessing the creditworthiness of borrowers. This involves reviewing and analyzing financial data, identifying potential credit risks, and providing recommendations to mitigate these...

  • Manager-Credit Risk-Origination

    4 months ago

    Sandton, South Africa TalentCru Full time

    Leadership and management of the team to deliver on the requirements of Credit Risk Origination, ensuring efficiencies in originating new transactions and additional funding to existing clients. and To partner with the Business Unit in the allocation of resources and/or become part of the core client assessment team with an aim to bring experience, diversity...

  • Manager-Credit Risk-Origination

    4 months ago

    Sandton, South Africa TalentCru Full time

    Leadership and management of the team to deliver on the requirements of Credit Risk Origination, ensuring efficiencies in originating new transactions and additional funding to existing clients.andTo partner with the Business Unit in the allocation of resources and/or become part of the core client assessment team with an aim to bring experience, diversity...

  • Senior Credit Manager: Cib Risk

    6 months ago

    Sandton, South Africa Absa Bank Limited Full time

    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 **Job...

  • Senior Credit Risk Analyst: Resources

    2 months ago

    Sandton, 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 -...

  • Senior Credit Risk Analyst: Resources

    1 month ago

    Sandton, 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...

  • Senior Credit Risk Manager

    2 months ago

    Sandton, South Africa IDC Full time

    Responsible for Credit and investment risk assessments within the organisation through: - Conduct evaluation of assessments that include thorough and rigorous testing of the base case assumptions provided by the client or client facing teams and provide the necessary independent attestation on the merits of the business case. - Where necessitated,...

  • Environmental Credit Risk Manager

    5 months ago

    Sandton, 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 To...

  • Senior Credit Risk Specialist

    4 weeks ago

    Sandton, South Africa Fempower Personnel Full time

    Role Summary:To perform detailed quantitative and qualitative credit analysis and insightful reporting with recommendations for Fempower Personnel. In addition, contribute to the management of the company's Credit Risk by providing information and analytical support for the effective monitoring and control of risk exposure.Key Responsibilities:Lead the...

  • Senior Manager: Credit Risk

    6 months ago

    Sandton, South Africa Absa Bank Limited Full time

    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 The...

  • Senior Credit Risk Analyst

    4 weeks ago

    Sandton, South Africa Fempower Full time

    Role Summary: To perform detailed quantitative and qualitative credit analysis and insightful reporting with recommendations. In addition, contribute to the management of the companies Credit Risk by providing information and analytical support for the effective monitoring and control of risk exposure. Experience / Skills Required:Minimum 3 years of working...

  • Senior Credit Risk Analyst

    4 weeks ago

    Sandton, South Africa Fempower Personnel Full time

    Role Summary: To perform detailed quantitative and qualitative credit analysis and insightful reporting with recommendations. In addition, contribute to the management of the companies Credit Risk by providing information and analytical support for the effective monitoring and control of risk exposure. Experience / Skills Required:Minimum 3 years of working...

  • Head: Credit Risk

    6 months ago

    Sandton, South Africa Absa Bank Limited Full time

    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...

  • Credit Risk Manager

    4 weeks ago

    Sandton, South Africa Hollard Recruitment Full time

    Role Overview:We are seeking a skilled Credit Risk Manager to join our team at Hollard Recruitment. As a key member of our finance department, you will be responsible for providing an efficient credit control service within the prescribed period and within the set standards required by the company.Key Responsibilities:Reconcile and allocate all premiums...

  • Credit Risk Analyst

    1 month ago

    Sandton, South Africa Nefcorp Full time

    Job category: Banking, Finance, Insurance. Stockbroking Contract: Permanent Remuneration: Market Related EE position: Yes Introduction The National Empowerment Fund is looking for a Credit Risk Analyst to support the delivery of credit risk as well as facilitate appropriate and insightful credit reporting with recommendations. Reporting - Produce...

  • Credit Risk Strategist

    1 week ago

    Sandton, South Africa Investec Full time

    About the RoleWe are seeking an experienced Credit Risk Strategist to join our team at Investec. This is a challenging and rewarding role that will involve working closely with our risk management team to develop and implement strategies to manage credit risk.Key Responsibilities:Data Analysis and Management: We need someone who can collect, clean, and...

  • Credit Risk Analyst

    2 weeks ago

    Sandton, South Africa Lesaka Technologies Full time

    Lesaka Technologies is seeking a detail-oriented and analytical Credit Risk Analyst to join our team. In this role, you will play a crucial part in assessing and managing credit risk across the entire lifecycle of our unsecured loans portfolio, from origination to collections and provisions. You will monitor portfolio performance, create and maintain...