Head of Credit Risk Management
6 days ago
Africa's growth journey is an exciting opportunity for Absa Group to shape its destiny as a proudly African organization. Our company has a rich history spanning over 100 years, with a strong presence in local markets and regional expertise.
This Senior Credit role will lead the credit team in managing credit risk across a defined portfolio of clients, including financial institutions and non-bank financial institutions. The successful candidate will provide leadership, credit structuring advice, and guidance to enable the bank to achieve business targets, execute strategies, and improve performance.
The incumbent will have strong technical credit risk management skills in CIB products and be a subject matter expert on various sub-portfolios, including microfinance institutions, global markets credit, private equity funds, and structured ring-fenced SPVs.
The ideal candidate will lead a team of Credit Analysts and have a strong working knowledge of credit structuring, counterparty risk trading, derivative counterparty exposure management, single name issuer risk, and FX trades.
Accountability: Credit Risk Management
- To take ownership and control of credit risk related work on a defined portfolio of FI and NBFI clients.
- To review quality credit assessments and present bespoke/bankable solutions pertaining to clients and transactions in the portfolio.
- Actively partake and provide input into Deal Forums ensuring that credit risk associated with business opportunities are pro-actively highlighted and managed.
Key Responsibilities
- Manage and report on the end-to-end credit process ensuring service delivery exceeds expectations.
- Proactively manage the credit risk on the portfolio by completing timely reviews, ensuring conditions are up to date and monitored.
- Sanction credit applications within the requirements of the credit policy and in line with mandate.
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