Commercial Manager

Recruitment Matters Africa (Pvt) Ltd; Germiston; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A reputable recruitment firm in South Africa is seeking an experienced Credit Approver to manage commercial credit proposals. The ideal candidate will have a Bachelor's degree in Commerce or Finance, an MBA preferred, and 8-10 years of relevant experience in banking or financial services. Key responsibilities include leading a team, evaluating credit applications, and ensuring adherence to credit standards. Strong communication skills and analytical thinking are necessary for this role. Competitive compensation is offered.

Qualifications

• 8–10 years relevant experience in banking, credit risk, or financial services.
• Experienced in credit risk management and collections oversight.

Responsibilities

• Review, analyze, and approve commercial credit proposals.
• Define limits of exposure and ensure adherence to credit standards.
• Lead and mentor a team of credit approvers.
• Develop and monitor credit programs.
• Evaluate and update credit approval policies.

Skills

Strong communication and interpersonal skills

Effective relationship-building

Excellent presentation and decision-making abilities

Credit assessment

Risk management

Analytical thinking

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.