Credit Risk Manager

Staff Unlimited Recruitment; Cape Town; On-site; ZAR 200,000 - 300,000; Full time

Job summary

A logistics industry leader in Cape Town is seeking a Credit Risk Manager to oversee credit evaluation and risk mitigation processes. The ideal candidate will have a strong accounting background and experience with foreign clients. Responsibilities include managing staff, assessing credit risks, and maintaining customer relationships. This is a permanent, on-site position offering competitive opportunities for growth.

Qualifications

• Strong accounting background – Bcom Accounting and upwards.
• Experience with foreign clientele required.
• Experience in calling clients.

Responsibilities

• Review and approve customer credit limits and payment terms.
• Regularly assess the creditworthiness of customers to set appropriate credit limits.
• Negotiate payment terms balancing cash flow with customer needs.
• Streamline internal processes to ensure efficiency.
• Manage staff and monitor performance.

Skills

Ethical and morally intact

Analytical

Methodical

Excellent communication skills

Education

Bcom Accounting or higher

Qualified CA - advantageous

Job description

Overview

Credit Risk Manager. Our client is a leader in the logistics industry and is seeking a Credit Risk Manager to join their team.

Location: Cape Town

Job type: Permanent – on site

Duties and Responsibilities

• Review and approve customer credit limits and payment terms
• Regularly assess the creditworthiness of customers to set appropriate credit limits
• Negotiate payment terms that balance company cash flow with customer needs
• Streamline internal processes to ensure efficiency and minimize errors in approving credit
• Review current approval workflows and update policies to reflect best practices
• Provide ongoing training for the team to ensure they are up to date with credit risk management practices, company procedures, and customer service skills
• Manage staff and monitor performance
• Ensure that best practice processes and procedures are implemented and followed to reduce the group’s credit risk to an acceptable level
• Implement standardized processes for credit assessment, monitoring, and debt collection to minimize potential losses
• Engage with credit insurers and ensure that policies are maintained and renewed on time
• Engage, establish and maintain positive customer relationships
• Assist with debt collection efforts
• Support the debt collection process by identifying high-risk accounts and ensuring follow-up actions are taken in a timely manner
• Monitor compliance with the terms and conditions of credit insurance policies to avoid coverage gaps
• Regularly report on the status of outstanding debts, including aged receivables, payment trends, and collections progress
• Continuously assess the credit risk of the portfolio, identifying high-risk customers or sectors

Minimum Requirements

• Strong accounting background – Bcom Accounting and upwards
• Qualified CA - advantageous
• Experience with foreign clientele - required
• Experience in calling clients

Skills

• Ethical and morally intact
• Analytical
• Methodical
• Excellent communication skills

Should you meet the above criteria, we invite you to apply directly to the advertisement. Should you not hear back from us within 2 weeks of application, kindly consider your application as unsuccessful