Credit and Assurance Manager Global Grade 13

Barloworld Equipment (Pty) Ltd; Gauteng; On-site; ZAR 400 000 - 500 000; Full time

Job summary

A leading equipment company in South Africa is seeking a Credit and Assurance Manager. The successful candidate will oversee credit risk and credit management, serve as a business partner to operations, and manage the business assurance function. Responsibilities include conducting audits, preparing reports, and handling credit assessments. Ideal candidates will have over five years' experience in credit management, a postgraduate qualification, and project management skills. This role requires effective communication and analytical skills.

Qualifications

• 5+ years' experience in Credit Management.
• Experience in Deal Flow Management.
• Project Management experience is a plus.

Responsibilities

• Oversee credit risk and management functions.
• Manage business assurance operations.
• Prepare monthly internal audit reports.
• Conduct comparative analysis between audits and control assessments.

Skills

Attention to detail

Drive, energy and initiative

Analytical Thinking

Problem Solving

Verbal and Written Communication

Education

Post Graduate Qualification in Credit Management

Degree or equivalent in Risk Management

Job description

Overview

The Credit and Assurance Manager will be responsible for overseeing the credit risk and credit management of the business. This role will be required to be a credit business partner to the operations by advising operations on business transactions. Governance the credit manager will be an active member on the credit committee of Barloworld Equipment and in managing the credit committee along with the Chairperson of the credit committee. The manager will be required to be involved in projects that have a credit management elements.

As the assurance manager the manager is responsible for managing the business assurance function supported by the business assurance officer. Business Assurance entails the oversight of internal controls and business risks. This would involve assessment of internal controls of various operational sites and functions, following up on audit findings and implementation thereof and assessing controls from Risk Management Committee

Primary Outputs

• Manage the implementation of business assurance and plan at regional and territory level as prescribed by the Risk Management Committee
• Monthly internal audit reporting as prescribed by the CFO: RSA and Reporting
• Preparation of monthly reports on the status of implementation of agreed management actions
• Manage the process for escalating open audit findings to more senior levels of management when appropriate
• Facilitate testing of effectiveness of controls where management has confirmed that audit findings have been closed
• Conduct comparative analysis between the control assessment and the relevant internal audit reports and summarize feedback with recommendations to various levels of management
• Assist in providing support, education and training to staff to build and entrench a culture management of risk and controls within the organisation
• Manage fortnightly credit committee meeting, including credit committee paper and agenda management
• Provide credit risk assessment and reviews as requested by Credit Committee and CFO/FD
• Ensure and manage credit risk concentration and credit policy management
• Monitor and report on overdue debtors monthly and weekly for Operational Executive Meeting
• Deal flow management to ensure deals not financed by CAT Finance are managed and 2nd tier financial institutions referred
• Ensure management of CAT / Barloword Equipment Service Level Agreement
• Ensure annual reviews of customers program is completed by operations
• Active management and oversight of debtors’ accounts
• Identifies processes for improvement, documents existing processes, identifies and analyses gaps between current processes and the desired state
• Must be able to suggest plans to integrate new and existing processes

Qualification, Experience and Competencies

Minimum Required Qualification:

• Post Graduate Qualification in Credit Management
• Degree or equivalent in Risk Management
• Project Management experience
• An understanding of process effectiveness would be an advantage

Minimum Required Experience:

• Mining of five years’ experience in Credit Management and Deal Flow Management

Minimum Required Competencies:

• Attention to detail (L3)
• Drive, energy and initiative (results-focus) (L3)
• Organisational awareness (L3)
• Customer responsiveness (L3)
• Business acumen (L3)
• Creativity (innovation) (L3)
• Analytical Thinking (L3)
• Stress Tolerance and Resilience (L3)
• Problem Solving (L3)
• Teamwork (L3)
• Ethical Behaviour (L3)
• Verbal and Written Communication (Including listening) (L3)
• Influencing and Negotiation (L3)
• Professional / Technical Competence (L3)
• Programme and Project Management (L3)
• Analysis for Business Decision Making (L3)
• Practical Execution Management (Planning, Organising & Monitoring) (L3)
• Strategic Leadership (L3)
• Developing People (L3)
• Participative Management (Empowering and Including) (L3)