Title Senior Specialist: Agricultural Advisory
2 days ago
Our client a leader in the Agricultural banking space is looking for you to join the team.
Location - Province KwaZulu-Natal
Location - Town / City Pietermaritzburg
To provide agricultural advisory and support service to both Emerging and Commercial Farmers in order to safe guard the bank’s assets through the following:
Conduct on Farm Agronomical and Financial Assessments for High Risk and Delinquent Clients and make recommendations to remediate as well as rate the farm/business according to the approved bank’s risk rating models
Schedules inspections of the banks security and re-evaluations
Where relevant, refer farmers to service providers with technical expertise / advise Farmers and make recommendations to improve the overall Farm status and mitigate potential risks
Effectively manage the collateral in terms of the loan agreement and Collateral Management System (CMS) policy thereby identifying collateral shortfalls in order to minimise risk and prevent financial losses.
Proactively prevent ex-ante moral hazard by conducting farm visits on new loans and ascertain whether farm funding was utilised as intended in line with the loan agreement.
Key Performance Areas
- Monitoring, Advisory and Support
Implement Effective Collateral Management by conducting inspections in accordance with the relevant policy and procedures and ensure that the banks collateral has the most up to date collateral valuations as per the banks’ requirements per asset class
Conduct Collateral Management Inspections:
Conduct the farm visits in accordance with the processes and procedures.
Monitor progress of projects financed by the Bank and ensure adherence to agreed loan terms and conditions as required
Identification and marking of assets under a Special Notarial Bond for collateral security purposes
- Conduct Agronomical and Financial Assessments
Perform farm visits to ascertain whether the farm funding was utilised as intended:
Ensure that the funds have been used for their stated purpose
Monitor and evaluate the progress and financial position of the client for any early warning signs of distress
Conduct in-depth on farm Agronomical Assessment specifically for High Risk, Delinquent and Non Performing Accounts
Determine factors for delinquency or default.
in the event of an identified default or arrears client account make proposals for rectifying the problem
- Records Management and Maintenance of the Inspections Database including market trends
Compile and maintain an information database for assistance with technical knowledge
Ensure that reports are filed in accordance with the record management system
Maintain customer account information and ensure timeous and correct updating of risk classification on the Bank’s systems.
Keep records of all correspondence with clients as part of record management policy.
Manage client files in terms of the Bank’s record management policy.
Compile various reports as required for the different governance structures.
Preferred Minimum Education and Experience
A relevant 3 year qualification in Agriculture or an equivalent
Accreditation as a Valuator
5 years' experience in:
Agricultural Extension Services or
Agricultural Experience in a Co-op or similar organisation.
Agricultural Economics and Value Chain
Credit Assessment Principles
Agronomical and Financial Assessments
Critical Competencies
Advanced Microsoft Office
Financial Management and Business Acumen
Property and Assets Valuation principles
Farm Management Principles
Risk Management Principles
Report Writing and insights
Agricultural economic trends
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