Specialist Credit CIBW Wealth

Absa Group; Cape Town; On-site; ZAR 60 000 - 100 000; Full time

Job summary

Join a forward-thinking bank in Cape Town as a Credit Structurer, where you will play a pivotal role in shaping lending solutions for Ultra High Networth and Family Office clients. This strategic position requires strong financial analysis skills, a solid understanding of risk management, and the ability to communicate effectively with various stakeholders. You'll be part of a dynamic team that not only focuses on transaction origination but also on proactive risk management and restructuring. If you're a self-starter with a passion for finance and a network of professional connections, this opportunity is perfect for you.

Qualifications

• Minimum of 5 years of relevant lending experience.
• Strong understanding of financial analysis and risk management.

Responsibilities

• Originate and structure lending solutions for clients.
• Manage portfolio risk and identify stressed debt.

Skills

Financial Analysis

Communication Skills

Business Acumen

Risk Management

Education

Bachelor's Degree in Business

Postgraduate Qualification

Job description

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

Wealth Credit Origination is within the Alternative Lending and Debt Structuring Team and ultimately reports to Relationship Banking. The team is responsible for the origination and structuring of lending solutions that suit our client base in the Wealth and Family Office market segment.

Job Description

Based in Cape Town, the Credit Structurer role is of strategic importance and plays a critical role in the organisation. The role works closely with Wealth Bankers, Absa Product Houses, Credit Sanctioning and Support teams

The team is actively involved in the origination and distribution of transactions, providing structuring guidance and feedback on pricing, risk and lending solutions to both the bank’s clients and internal product partners to manage the flow of transactions and lending for the region.

The role within Wealth Credit Origination will extend to senior secured debt, asset funding, commercial and residential property development and investment funding, liquidity, and term funding.

The Wealth Credit Origination team has the additional responsibility of overall portfolio risk management, proactive identification of stressed debt and mitigation and restructuring where applicable.

This role is suited to an individual with a relevant commerce degree combined with a relevant postgraduate degree/qualification, coupled with a minimum of 5 years of relevant lending, and good general banking experience in the Ultra High Networth and Family Office client segment.

It will require a high degree of professionalism along with strong business acumen, an in-depth understanding of financial analysis, and good presentation and communication skills, both verbal and written. Coupled with a self-starter attitude, a positive team player and an established network of business and professional connections.

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised