Credit Manager : Cb&Si

Land Bank is South Africa's only specialist agricultural bank established to serve South African commercial and emerging farmers and bring specially designed financial services within their reach.

These services enable farmers to finance land, equipment, improve assets, and obtain production credit.

The Land Bank provides financial services that have moved with the times and continues to provide services to agri-business and constantly reviews its offerings to ensure that they match the needs of an industry.

As change has swept across the sector in South Africa, the socio-economic makeup of agriculture has altered, bringing new entrants from historically disadvantaged backgrounds on to the land. These new farmers, facing the challenges of establishing sustainable agri-businesses across the agricultural value chain, find that the Land Bank has been a commercial lifeline offering appropriately designed financial products that facilitate personal and commercial viability in a sector that is vital to the sustainability of South Africa and its people.

MAIN PURPOSE OF THE JOB

The Credit Manager is responsible for managing and making decisions on the credit assessment processes and making recommendations on the granting of credit on all applications received from Corporate Banking and Structured Investment for final approval for new and existing facilities.

1. Collectively approve loans and credit limits under delegated authority within the Regional Credit Committee (RCC), and review transactions for recommendation within delegated authority mandate.
2. Prepare credit executive summaries and present to Lending Committees (PCC, ECC, CIC & Full Board) with clear recommendations, including conditions of approval and financial covenants to manage risk.
3. Decline transactions that are not bankable applications before escalating to the relevant committees.
4. Provide bankable solutions to Corporate Banking and Structured Investments (CB&SI).
5. Manage and mitigate potential risks for the Bank within the approved mandate of the Land Bank and acceptable risk appetite in accordance with the approved Credit Policy by reviewing deals and providing appropriate and bankable structures to suit both the Bank and Client, if necessary proposing more risk-effective deal structures.
6. Ensure that relevant management information is captured to produce CROM report and ERCO report.
7. Manage Credit Committee processes and policies and guide the chairperson and other committee members.
8. Manage Credit and Investment Committee processes in conjunction with the Board Secretariat.
9. Manage the PCC & ECC records (attendance register and declarations, agenda, minutes, decision forms, risk ratings) and safe keeping of all PCC, ECC, CIC and Full Board decisions to adhere to the governance procedures.
10. Actively provide input in the review and/or improvement of the Credit Policy and Procedures in order to enhance and ensure that the legal and business requirements are met.
11. Effectively liaise, advise, and communicate with the relevant stakeholders within the Land Bank to action performance gaps and variances in the credit evaluation process and guide business as to inform the type of deals selected and presented.
12. Manage, control, and authorize tasks performed by Credit Analysts.
13. Coach & guide Credit Analysts and manage their performance.