Commercial Manager

Recruitment Matters Africa (Pvt) Ltd; Gauteng; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading recruitment firm in Gauteng is seeking an experienced Credit Manager to oversee commercial credit proposal approvals and lead a team of assessors. The role requires a minimum of 8–10 years of experience in banking, credit risk, or financial services, along with strong leadership abilities. The ideal candidate will have a Bachelor's in Commerce or Finance, preferably an MBA, and will excel in stakeholder management and credit assessment. This position offers a significant opportunity for professional growth.

Qualifications

• A minimum of 8–10 years relevant experience in banking, credit risk, or financial services is required.
• Experience in credit risk management, retail finance, and collections oversight is preferred.

Responsibilities

• Review, analyze, and approve commercial credit proposals.
• Lead and mentor a team of credit approvers using assessment tools.
• Develop and monitor credit programs and guidelines.
• Oversee debt recovery procedures and compliance with policies.

Skills

Strong communication and interpersonal skills

Effective relationship-building and stakeholder management

Excellent presentation and decision-making abilities

Proven capability in credit assessment and risk management

Leadership and team development experience

Analytical thinking with strong financial interpretation skills

Education

Bachelor's Degree in Commerce or Finance

MBA qualification

Job description

Key Responsibilities

• Review, analyze, and approve commercial credit proposals, balancing risk and return through financial assessments.
• Define limits of exposure and ensure adherence to strong credit standards.
• Lead and mentor a team of credit approvers, leveraging credit assessment tools to maintain portfolio quality.
• Develop, implement, and monitor credit programs, including training and coaching to enhance team competencies.
• Evaluate and update credit approval policies and guidelines; handle ad hoc investigative projects related to customer portfolios.
• Oversee debt recovery procedures and utilize all possible recovery approaches to maximize outcomes, including managing extreme credit situations.
• Monitor the full credit granting process, including consistent policy application, periodic reviews, and creditworthiness assessments.
• Ensure compliance with company policies and timely submission of financial and management reporting.
• Maintain an effective departmental structure and track performance using appropriate metrics.

Qualifications & Experience

• Bachelor's Degree in Commerce or Finance required.
• MBA qualification preferred.
• 8–10 years relevant experience, ideally in banking, credit risk, or financial services.
• Experienced in credit risk management, retail finance, and collections oversight.

Key Skills & Competencies

• Strong communication and interpersonal skills.
• Effective relationship-building and stakeholder management.
• Excellent presentation and decision-making abilities.
• Proven capability in credit assessment and risk management.
• Leadership and team development experience. Analytical thinking with strong financial interpretation skills.