Head of Business Banking Credit Risk, Aro

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 lead a credit team responsible for managing credit risk across a portfolio of clients in Absa Regional Operations for Business Banking, across all industries and products by providing leadership, credit structuring advice, sanctioning aligned to mandate and guidance to enable them to achieve agreed business targets, execute the overall strategy and improve their performance in line with the business strategy and objectives. Manage own credit portfolio within optimal credit metrics. Influence business strategies by setting the correct credit appetite for sectors, existing and new clients. Own the reporting and forecasting of risk performance measured against risk appetite

**Job Description**:
Accountability: Portfolio Management
- Review quality credit assessments and present bespoke/bankable solutions pertaining to clients and transactions in the Business Banking.
- Actively partake and provide input into Deal Forums ensuring that credit risk associated with business opportunities are pro-actively highlighted and managed.
- Network with stakeholders and clients to obtain a commercial awareness of the regional market and industry specifics leading to improved customer solutioning.
- Manage and report on the end to end credit process ensuring service delivery exceeds the expectations of stakeholders (Turnarounds, client visits)
- Proactively manage the credit risk on the portfolio by ensuring timely reviews, ensuring securities and conditions are up to date and monitored.
- Credit sanctioning within Delegated Authority:

- Manage the credit sanctioning routes ensuring that papers are sent to the correct
- sanctioning authority
- Obtain an in-depth industry understanding of local markets to better understand the risk profile of our portfolio
- Remain up to date on legal changes as well as Basel requirements to reduce the risk associated with the portfolio
- Present/ support credit papers/reviews to the correct sanctioning authority/credit committee
- Conduct client visits and increase/review/EWL discussions with Senior management of Clients
- To produce relevant management information and manage exposures including the maintenance of the relevant systems
- Ensure control environment is tracked and remediated to target risk appetite through road to satisfactory plans
- Shape, influence and improve business banking credit process, technology and capability to improve automation, efficiency, skills to ensure appropriateness aligned to business strategy and motivate investments through business cases as required

Accountability: Quality Management
- Ensure adherence to the credit policies and terms and conditions of facilities within the client portfolio ensuring no breach in compliance or audit requirements;
- Align and manage local credit decisions with BAGL credit process and appetite;
- Obtain a strong understanding of BAGL products and the risks associated;
- Understanding of legal documents relating to securities and traded product, including ISDA and CSA

Accountability: Stakeholder Management
- Build strong relationships with both ARO and Centre Absa internal and external stakeholders.
- Effectively communicate developments within areas of activity to all relevant stakeholders.
- Ensure impeccable and timeous service levels
- Ensure that all teams within the pod work closely together to deliver a high level of client service

Accountability: People Management
- Build and manage the In Country credit Head ensuring the delivery and compilation of high quality and to achieve excellent business results through continuous people development and mentoring activities.
- Enhance the skill base of the credit analyst pool through active management initiatives and leading by example, on the strength of technical proficiency
- Ensure the development of a high-performing team through embedding formal Performance
- Development and informal coaching.
- Determine and analyse training and development needs for direct reports. Ensure that identified training is budgeted.
- Develop workforce planning and ensure recruitment strategy supports it.
- Address performance issues promptly using the correct channels

Education and Experience Required

Honours in Accounting, Strategic Management or Finance is a minimum requirement

CA(SA) / CFA/ MBA preferable
- Minimum of 8 years credit / investment analysis and credit sanctioning experience win an investment banking/ corporate banking environment
- Minimum of 5 Credit experience required

Knowledge & Skills: (Maximum of 6)
- Credit Sanctioning knowledge (Advanced)
- Sound Financial and Economics background (Advanced)
- Knowledge o

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