Credit Manager Cbsi

Land Bank; Gauteng; On-site; ZAR 30 000 - 70 000; Full time

Job summary

An established industry player in South Africa is seeking a Credit Manager to oversee credit assessment processes and ensure effective risk management. This pivotal role involves approving loans, preparing executive summaries for lending committees, and providing bankable solutions to corporate clients. The successful candidate will lead a team of Credit Analysts, enhancing their performance while ensuring compliance with governance procedures. Join a forward-thinking organization dedicated to supporting agricultural development and sustainability in South Africa.

Qualifications

• Experience in managing credit assessment processes and approvals.
• Strong knowledge of credit policies and risk management.

Responsibilities

• Manage credit assessment processes and approve loans within authority.
• Prepare and present credit executive summaries to committees.

Skills

Credit Assessment

Risk Management

Financial Analysis

Stakeholder Liaison

Education

Bachelor's Degree in Finance or Related Field

Professional Qualification in Banking or Credit Management

Tools

Credit Management Software

Financial Reporting Tools

Job description

Land Bank is South Africa's only specialist agricultural bank, established in [year].

The bank's sole objective is to serve South African commercial and emerging farmers by providing specially designed financial services.

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

The Land Bank continuously reviews its offerings to ensure they meet the needs of the evolving agricultural industry, especially as new entrants from historically disadvantaged backgrounds establish sustainable agribusinesses across the value chain.

The bank acts as a financial lifeline, offering appropriately designed products that support the viability of the sector vital to South Africa's sustainability.

MAIN PURPOSE OF THE JOB

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

Approve loans and credit limits within delegated authority in the Regional Credit Committee (RCC) and review transactions for recommendation within the delegated authority mandate.

Prepare credit executive summaries and present them to Lending Committees (PCC, ECC, CIC, & Full Board) with clear recommendations, conditions of approval, and financial covenants to manage risk.

Decline transactions if applications are not bankable, before escalating to relevant committees.

Provide bankable solutions to Corporate Banking and Structured Investments (CB&SI).

Manage and mitigate potential risks within the approved mandate, reviewing deals and proposing risk-effective deal structures to suit both the Bank and clients.

Ensure relevant management information is captured to produce CROM and ERCO reports.

Manage Credit Committee processes and policies, guiding the chairperson and members.

Oversee Credit and Investment Committee processes in conjunction with the Board Secretariat.

Manage PCC & ECC records (attendance, declarations, agendas, minutes, decision forms, risk ratings) and ensure safe keeping of all decisions to adhere to governance procedures.

Contribute to the review and improvement of the Credit Policy and Procedures to meet legal and business requirements.

Liaise with stakeholders within the Land Bank to address performance gaps, variances in the credit evaluation process, and advise on deal selection and presentation.

Manage control and authorize tasks performed by Credit Analysts.

Coach, guide, and manage the performance of Credit Analysts.