Commercial Banking and Transformation Lead

1 month ago


East London, Eastern Cape, South Africa Fempower Full time

Fempower is seeking a highly skilled Commercial Banking and Transformation Lead to join our team. This role will be responsible for the overall applications of Commercial Banking and Transformation (CBT) assigned to their defined region as it relates to credit assessment function and credit risk management of new business, existing business, and restructured accounts.

Key Responsibilities

The Commercial Banking and Transformation Lead will manage the end-to-end credit process of Commerical Banking and Transformation (CBT) Banking clients in order to enable Bank to provide sustainable financing to farmers. Key responsibilities include:

  • Collectively approve loans and credit limits under delegated authority within the Regional Credit Committee (RCC), and review transactions for recommendation within delegated authority mandate.
  • Review and present proposal to Credit Investment Committee (CIC) and full board.
  • Find innovative credit solutions for Commerical Banking and Transformation (CBT) clients in order to ensure that credit risks in this target market are adequately assessed, mitigated, and controlled.
  • Co-ordinate Regional Credit Committee (RCC), Provincial Credit Committee (PCC), and Pricing Committee meetings;
  • Manage committee processes and adherence to set policies, and act as an information and reference point for the Chairman and other committee members.

Additional key responsibilities include managing, controlling, and authorizing tasks performed by the Credit Analysts and Credit Administrators. The Commercial Banking and Transformation Lead will also effectively liaise and communicate with relevant stakeholders within the Bank to action performance gaps and variances in the credit proposals.

Requirements

To be successful in this role, you will need:

  • A relevant 3-year qualification (Degree/Diploma e.g. BCom or BTech)
  • BSc Agriculture degree preferable with relevant Agric credit experience
  • Credit management experience which includes: 5 – 8 Years
    • Commercial Credit Finance/Business Banking deal structuring
    • Structured trade and commodity finance
    • Strong Financial and Credit Analysis and Assessment background
    • Evaluation of existing business restructure
    • Managing turnaround time.

You should also have advanced knowledge of risk management principles and compliance management principles, as well as knowledge of compliance-related legislation. Strong interpersonal skills and conflict resolution are essential, along with the ability to work as a team.

Compensation and Benefits

The estimated salary range for this position is $80,000 - $110,000 per annum, depending on experience. Fempower offers a competitive benefits package, including medical aid, retirement funding, and generous leave allowance.



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