Credit Risk Manager
2 months ago
We are seeking a highly skilled Credit Risk Manager to join our dynamic team at Kontak Recruitment. As a Credit Risk Manager, you will play a critical role in providing innovative financial solutions to small and medium-sized enterprises (SMEs).
Key Responsibilities- Implement loan origination strategies with the lending team to ensure effective credit decision-making.
- Review and recommend credit applications within assigned credit limits, providing independent and objective reviews and recommendations.
- Ensure due diligence and adherence to company policies before submitting loan applications to senior management.
- Write clear and concise credit memos or announcements to communicate credit perspectives.
- Collaborate with Loan Officers to gather necessary information and ensure proper deal structuring.
- Monitor loans post-disbursement to ensure compliance with guidelines.
- Oversee and implement timely collection activities to minimize bad debts.
- Prepare regular reports (weekly, monthly, quarterly, semi-annual, annual) on lending activities for senior management.
- Generate reports for the Board and external stakeholders as required.
- Support Loan Officers in maintaining client and stakeholder satisfaction.
- Address and resolve issues escalated by Loan Officers.
- Contribute to the development and implementation of SME lending guidelines and policies.
- Monitor market conditions and suggest enhancements to existing policies.
- Assess regulatory impacts on current policies and make necessary adjustments.
- Bachelor's Degree or Diploma in Business or a related field.
- 3 or more years of experience in SME lending.
- Experience in additional SME support services is a plus.
- Strong credit judgment and the ability to articulate complex credit applications.
- Proficiency in financial statement analysis and SME lending practices.
- Experience with lending software is preferred.
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Midrand, Gauteng, South Africa Kontak Recruitment Full time{"h1": "Credit Manager Job Description", "p": "At Kontak Recruitment, we are seeking a skilled Credit Manager to join our team. As a Credit Manager, you will be responsible for making informed credit decisions, maintaining strong stakeholder relationships, and adapting to market and regulatory changes.", "ul": [{"li": "Bachelor\u2019s Degree or Diploma in...
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