Credit Manager : Commercial Banking And Transformation

Prebless Group; East London; On-site; ZAR 600 000 - 900 000; Full time

Job summary

A leading financial institution is seeking a Credit Manager to oversee the credit process for Commercial Banking clients. The role involves approving loans, managing credit risks, and ensuring compliance with policies. Ideal candidates will have significant experience in credit management and relevant qualifications in finance or agriculture.

Qualifications

• 5-8 years of experience in Commercial Credit or Business Banking.
• Strong knowledge of risk management and compliance legislation.
• Experience in financial and credit analysis.

Responsibilities

• Manage the end-to-end credit process for Commercial Banking clients.
• Approve loans and credit limits within delegated authority.
• Coordinate committee meetings and manage credit policies.

Skills

Credit management

Risk management

Financial analysis

Stakeholder management

Education

BCom or BTech

BSc Agriculture

Job description

MAIN PURPOSE OF THE JOB

Manage the end-to-end credit process for Commercial Banking and Transformation (CBT) clients to enable the bank to provide sustainable financing to farmers.

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

Present proposals to the Credit Investment Committee (CIC) and the full board.

Find innovative credit solutions for CBT clients to ensure credit risks are adequately assessed, mitigated, and controlled.

Coordinate RCC, Provincial Credit Committee (PCC), and Pricing Committee meetings; manage processes and policy adherence, and serve as a reference point for the Chairperson and members.

Oversee, control, and authorize tasks performed by Credit Analysts and Credit Administrators.

Communicate effectively with relevant stakeholders within the bank to address performance gaps and variances in credit proposals.

Contribute to the review and improvement of Credit Policies and Procedures to enhance compliance and effectiveness.

QUALIFICATIONS AND EXPERIENCE

A relevant 3-year qualification (Degree/Diploma, e.g., BCom or BTech); a BSc Agriculture degree is preferable with relevant agricultural credit experience.

Credit management experience including 5-8 years in:

• Commercial Credit, Finance, or Business Banking deal structuring
• Structured trade and commodity finance
• Financial and Credit Analysis and Assessment
• Business restructuring and turnaround management
• Risk management principles and compliance systems

Strong knowledge of risk management, compliance legislation, and business law principles.

KEY PERFORMANCE AREAS

1. Credit Assessment & Risk Management: Ensure comprehensive review of credit applications, analyze financial statements, research industry risks, and provide technical support to stakeholders.
2. Approval Mandate: Approve loans within delegated authority, ensure consistent application of credit policies, and prepare for committee meetings.
3. Committee Management: Coordinate RCC, PCC, and Pricing Committee meetings, document decisions, and manage processes and policies.
4. Credit Policies & Procedures: Ensure portfolio quality, identify gaps, recommend policy changes, and review applications for adherence.
5. Stakeholder Management: Build relationships, provide training, manage queries, and visit branches/clients as needed.
6. Governance & Reporting: Address audit findings, escalate issues, and report on portfolio status and approvals.

People Management: Manage performance, capacity planning, and related activities.

Closing Date: 19/05/2019

Location: East London

Remuneration: Negotiable