Senior Credit Risk Manager

2 days 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 Provincial Credit Risk Manager

    6 days ago

    Sandton, South Africa Capitec Bank Ltd. Full time

    Job DescriptionWe are seeking a seasoned credit professional to join our team as a Senior Provincial Credit Risk Manager. In this role, you will be responsible for evaluating and managing the credit and associated risks within an allocated portfolio in Business Bank.ResponsibilitiesEvaluate and manage the credit function by ensuring that the quality of...

  • Senior Manager: Credit Risk Monitoring

    1 week ago

    Sandton, South Africa Nedbank Head Office Full time

    Requisition Details & Talent Acquisition Contact XXX-XXXX- Tshego Semenya Location: Sandton Closing date: 5 February 2025 Cluster RBB Career Stream Credit Collections Leadership Pipeline Manage Others Why join our team Join Nedbank as a Senior Manager: Credit Risk Monitoring and lead the charge in optimizing our credit portfolio quality Youll play a crucial...

  • Specialist / Senior Manager - Credit Risk Policy

    1 week 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 Group...

  • Senior Credit Risk Analyst

    1 week 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...

  • Credit Risk Manager

    7 days ago

    Sandton, South Africa Capitec Bank Ltd. Full time

    Job DescriptionWe are seeking a highly skilled Credit Risk Manager to join our team at Capitec Bank Ltd. As a key member of our credit operations, you will play a vital role in ensuring the effective management of our credit book.Key ResponsibilitiesAnalyse and monitor credit trends, identifying areas of risk and developing strategies to mitigate these...

  • Manager: Credit Risk

    2 days ago

    Sandton, South Africa Kamo Placements Full time

    Participate in Due Diligence investigations with the SBUs & Regional Offices, provide advice on risks to be assumed, mitigating factors and assessing viability of projects. - Working with Head CRMD, facilitate constructive and healthy working relations between credit risk and Operations Divisions plus other internal stakeholders; - Provide appropriate...

  • Senior Credit Manager: Cib Risk

    5 days 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

    5 days 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 Manager: Credit Risk

    5 days 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 Officer

    1 day ago

    Sandton, South Africa Armstrong Appointments Full time

    About the Job:At Armstrong Appointments, we are looking for a Senior Credit Risk Officer to join our credit team. The successful candidate will be responsible for managing and maintaining the integrity of our credit portfolio. This includes creating campaign files, optimising and automating processes, building scorecards, and data mining. Your key duties...

  • Senior Change Manager: Credit Risk

    1 week 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...

  • Senior Manager

    7 days ago

    Sandton, South Africa EMEA3 Recruitment Full time

    We are seeking a talented professional to join our team as Head-Credit Risk. In this role, you will be responsible for leading our Credit Risk function and ensuring that our credit analysis, risk control, and business enablement meet their objectives.Key responsibilities:Risk assessment: Identify, assess, and mitigate credit risks across our lending and...

  • Senior Quantitative Analyst

    2 days ago

    Sandton, South Africa Think-Career RPO Full time

    Purpose of the role Monitoring of the end-to-end credit lifecycle across lending products for Retail and Relationship Banking and Rest of Africa, to provide oversight and optimise the quality of the credit portfolio. Job Responsibilities Provide support to the Senior Manager of the Unit with regards to the critical monitoring, analysis, organization of and...

  • Risk Appetite Specialist: Credit Portfolio

    9 hours ago

    Sandton, South Africa Absa Group Full time

    Risk appetite specialist - credit portfolio.Absa Group is seeking a Risk Appetite Specialist: Credit Portfolio to join our team. In this role, you will be responsible for managing credit risk in Relationship Banking through key activities such as optimizing capital demand and strategic credit risk management to meet risk-return objectives. You will work...

  • Senior Risk Assurance Manager

    3 days ago

    Sandton, South Africa EMEA3 Recruitment Full time

    At EMEA3 Recruitment, we are seeking an experienced Senior Credit Portfolio & Risk Assurance Manager to join our team.Job DescriptionThis role will undertake independent oversight of the IDC portfolio to ensure its long-term sustainability on an ad-hoc and targeted basis. The risk assurance activities are crucial in embedding the intended risk culture...

  • Head: Credit Risk

    3 weeks 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...

  • Portfolio Management Leader: Credit Risk

    9 hours ago

    Sandton, South Africa Absa Group Full time

    Leading credit risk management in Africa.Absa Group is a leading financial services organization with a rich history and strong presence in Africa. We are seeking a Portfolio Management Leader: Credit Risk to join our team. In this role, you will be responsible for managing credit risk in Relationship Banking through key activities such as optimizing capital...

  • Senior Manager: Credit Portfolio Management

    3 weeks 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 Manager: Credit Portfolio Optimization

    9 hours ago

    Sandton, South Africa Absa Group Full time

    Empowering Africa's future, together.Absa Group is a leading financial services organization with a rich history and strong presence in Africa. As the Senior Manager: Credit Portfolio Optimization, you will play a crucial role in managing credit risk in Relationship Banking through key activities such as optimizing capital demand and strategic credit risk...

  • Credit Risk Manager

    2 days ago

    Sandton, South Africa Humankind Group Full time

    About the RoleWe are looking for a highly skilled Credit Risk Manager to oversee our credit risk management activities. This includes analyzing credit applications, reviewing internal credit ratings, and ensuring compliance with credit policies.Key ResponsibilitiesLead the analysis of credit applications from corporate banking and treasury departmentsDevelop...