Credit Manager : Corporate Banking & Structured Investments

Fempower Personnel; Centurion; On-site; ZAR 800,000 - 1,200,000; Full time

Job summary

A leading company in the financial sector is seeking a Credit Manager to oversee credit assessment processes and manage credit risk effectively. The successful candidate will work closely with Corporate Banking and Structured Investments, ensuring compliance while building strong stakeholder relationships. This role requires strategic decision-making and strong leadership capabilities as well as proficiency in credit principles and risk management methods.

Qualifications

• Experience in credit granting within corporate banking and structured investments.
• Knowledge of compliance systems, tools, and legislation.
• Understanding of Business and Credit Principles.

Responsibilities

• Manage and make decisions on credit assessment processes.
• Prepare credit executive summaries for Lending Committees.
• Approve loans and credit limits under delegated authority.

Skills

Credit Risk Management

Stakeholder Communication

Credit Assessment

Deal Structuring

Performance Management

Education

3-4 year qualification in Commerce

Agricultural Economics

Accounting

Tools

Microsoft Office

Job description

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

They collectively approve loans and credit limits under delegated authority within the Regional Credit Committee (RCC), and review transactions for recommendation within delegated authority mandate.

The role involves preparing credit executive summaries and presenting them to Lending Committees (PCC, ECC, CIC & Full Board) with clear recommendations, including conditions of approval and financial covenants to manage risk.

Transactions that are not bankable are declined before being escalated to the relevant committees.

The Credit Manager provides bankable solutions to Corporate Banking and Structured Investments (CB&SI).

They manage and mitigate potential risks for the Bank within the approved mandate and acceptable risk appetite, reviewing deals and providing appropriate, bankable structures that suit both the Bank and the Client, and proposing more risk-effective deal structures if necessary.

Ensuring that relevant management information is captured to produce CROM and ERCO reports is also part of the role.

The role includes managing Credit Committee processes and policies, and guiding the chairperson and other committee members.

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

Managing PCC & ECC records (attendance register, declarations, agenda, minutes, decision forms, risk ratings) and safeguarding all PCC, ECC, CIC, and Full Board decisions to adhere to governance procedures is essential.

The Credit Manager actively contributes to the review and improvement of the Credit Policy and Procedures to enhance legal and business compliance.

Effective liaison, advice, and communication with relevant stakeholders within the Bank are vital to address performance gaps and guide deal selection and presentation.

They manage, control, and authorize tasks performed by Credit Analysts, and coach and manage their performance.

Key Performance Areas

• Quality Credit Assessment and Credit Risk Management.
• Ensuring receipt of all relevant information and documentation.
• Managing the Credit Due Diligence process for Service Level Agreements partners.
• Providing input to Credit models such as Risk Grading and Pricing Model.
• Supporting change initiatives aligned with credit strategy.
• Managing and approving loans and credit limits under delegated authority.
• Attending meetings as chairperson and voting member as per Delegation of Powers.
• Recommending applications to higher credit committees when necessary.
• Applying credit policies uniformly across the Bank.
• Managing committee processes, records, and reporting.
• Ensuring compliance with Credit Policies and Procedures.
• Building and maintaining stakeholder relationships.
• Providing training and guidance on credit matters.
• Managing credit tools and providing technical support.
• Visiting clients to assess business viability and sustainability.
• Advising on deal structuring to mitigate risks.
• Participating in projects as required.
• Leading People Management activities including performance reviews and disciplinary actions.

Preferred Minimum Education and Experience

• A relevant 3-4 year qualification in Commerce, Agricultural Economics, or Accounting.
• Experience in credit granting within corporate banking and structured investments.
• Proficiency in Microsoft Office.
• Knowledge of compliance systems, tools, and legislation.
• Understanding of Business and Credit Principles, and primary and secondary agriculture sector finance.
• Experience in appraisal of credit proposals and deal structuring.