Credit and Assurance Manager Global Grade 13

Barloworld Equipment; South Africa; On-site; ZAR 600 000 - 900 000; Full time

Job summary

A leading equipment supplier in South Africa is seeking a skilled Credit and Assurance Manager. The successful candidate will oversee credit risk management and assurance functions, ensuring effective internal controls, and reporting on audit findings. This role requires a post-graduate qualification in Credit Management and a degree in Risk Management, along with at least five years of relevant experience. The position offers opportunities to strategize and enhance business processes while working within a dynamic team.

Qualifications

• Experience of five years in Credit Management and Deal Flow Management.
• An understanding of process effectiveness would be an advantage.
• Project Management experience.

Responsibilities

• Oversee credit risk and management for the business.
• Manage the implementation of business assurance at regional levels.
• Report audit findings and facilitate control effectiveness testing.
• Conduct credit risk assessments as requested.
• Manage monthly internal audit reporting.

Skills

Attention to detail

Drive, energy and initiative

Organisational awareness

Customer responsiveness

Business acumen

Creativity

Analytical Thinking

Stress Tolerance and Resilience

Problem Solving

Teamwork

Ethical Behaviour

Verbal and Written Communication

Influencing and Negotiation

Professional / Technical Competence

Programme and Project Management

Analysis for Business Decision Making

Practical Execution Management

Strategic Leadership

Developing People

Participative Management

Education

Post Graduate Qualification in Credit Management

Degree or equivalent in Risk Management

Job description

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
• 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 ensure deals not financed by CAT Finance are managed and 2nd tier financial institutions referred
• Ensure management of CAT / Barloworld 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)