Manager : Credit Risk Monitoring (Polokwane)

Executive Placements; Polokwane; On-site; ZAR 600 000 - 850 000; Full time

Job summary

A leading recruitment agency in South Africa is seeking a professional to assist in credit risk management, develop policies, and monitor portfolio performance. You will manage credit committees, ensure compliance, and prepare reports for executive management. Candidates should have strong analytical skills and experience in credit risk frameworks. This role is essential for maintaining credit exposures within approved parameters.

Responsibilities

• Assist in developing and refining credit risk management policies and governance charters.
• Monitor and report business performance against set corporate plan and business targets.
• Prepare monthly dashboard reports to monitor portfolio trends and performance.

Job description

Job purpose :

The purpose of the job role is to assist, develop, monitor and report on the implementation of the Credit Risk Management Framework which includes credit policies, credit committee governance charters, portfolio monitoring and reporting within the organisation, thereby assisting to maintain credit exposures within approved parameters. The job role will further be responsible for the management and oversight all credit committees in the Company, highlighting non-compliance in areas to mitigate the risk for non-compliance and suggest solutions to ensure compliance.

Key Performance Areas

• Assist in developing and refining credit risk management policies and governance charters
• Reviews and maintains the credit risk limit / prudential limits in line with the to inform the Banks risk appetite
• Reviews and maintains the credit policies for alignment to the Basel principles and IRFS 9 requirement for best practise risk management and governance
• Reviews and maintains the procedure manuals for policy implementation
• Reviews and maintains the credit risk management framework for best practise risk management and governance
• Develops new policies required within the credit value chain of the Bank to enhance risk management and governance

Portfolio monitoring of all segments

• Monitors and report business performance in accordance with policies, procedures, legal requirements and against set corporate plan and business targets
• Monitors and report the renewal / review of credit facilities
• Manage reclassification of high risk accounts based on IFRS 9 stage classification
• Manage and Monitors accounts in breach of covenants and recommend remedial action to be done by PMS
• Monitors accounts within Workout and Restructuring and / or watch list exposures
• Monitors and manage actioning of outstanding collateral as per exception reports generated from the CMS
• Recommends remedial action where there are deficiencies in portfolio management
• Completes monitoring actions within allocated time frames
• Credit risk assessment monitoring

Attending credit committee meetings

• Monitors adherence to credit committee charters, DOP, credit policies, processes and procedures
• Highlights any risks associated with a loan application and propose mitigates to protect the interest of the Bank
• Monitors adherence to prudential limits for all exposures within the Bank

Portfolio reporting

Prepares monthly dashboard reports to monitor portfolio trends and performance for EXCO and Board

Prepares quarterly reports for CROM, EXCO, CIC and th