Senior Credit Manager

Capitec; Gauteng; On-site; ZAR 600,000 - 900,000; Full time

Job summary

A leading banking institution seeks a Credit Manager to assess and manage credit risks within assigned portfolios. Ideal candidates will have extensive banking experience and skills in financial analysis, risk management principles, as well as strong communication and negotiation abilities. The role involves working collaboratively to enhance compliance and drive strategic initiatives in a fast-paced environment.

Qualifications

• Minimum 8-10 years banking experience, 5 in credit management.
• Experience in preparing and motivating Credit applications.
• Knowledge of National Credit Act and its requirements.

Responsibilities

• Evaluate and manage credit and associated risks within a portfolio.
• Integrate and control the credit function, minimizing bad debts.
• Collaborate with other bank areas to ensure compliance with risk parameters.

Skills

Analytical Skills

Attention to Detail

Communications Skills

Computer Literacy

Interpersonal & Relationship management Skills

Negotiation skills

Numerical Reasoning skills

Planning, organising and coordination skills

Problem solving skills

Education

Bachelor's Degree in Commerce or Credit Management

Honours Degree in Commerce or Credit Management

Job description

Purpose Statement

To evaluate and manage the intuitive credit and associated risks within an allocated portfolio in a geographic region; effectively integrating and controlling the credit function by maintaining the quality of credit risks across the portfolio, minimizing the risk of loss through bad debts, while maximizing profits.

To interact with other areas of the bank, acting as a catalyst in driving changed initiatives in ensuring compliance within agreed risk parameters as set out in the changed strategy.

Experience

• Minimum: At least 8-10 years banking experience, 5 of which in credit
• Credit Management experience across business and commercial markets in the intuitive space as well as the scored lending environment
• Working within the requirements of the National Credit Act and other relevant legislation
• Significant experience in preparing and motivating Credit applications
• Ideal: Experience of managing a portfolio of business customers with a service and financial analysis focus.

Qualifications (Minimum)

• Bachelor's Degree in Commerce or Credit Management

Qualifications (Ideal or Preferred)

• Honours Degree in Commerce or Credit Management

Knowledge

• Minimum: Business acumen, Risk management principles and processes, Project management methods and practices, Relationship building and management techniques, Financial management, Customer relationship management (CRM) principles and techniques, Knowledge of competitor product offerings/channels/operational and marketing tactics, Credit principles and practices, including an understanding of credit application and securities, Legal entities (companies, close corporations, sole proprietorships etc.), and legislative restrictions and requirements from a financial services perspective (FAIS and FICA).
• Ideal: Products available and pricing structures, Current taxation laws as they apply to clients, A good knowledge of administration processes and procedures pertaining to Business Banking transactions, Financial Modelling; financial analysis (evaluating and identifying trends), complex cash flow cycles (industry/sector specific).

Skills

• Analytical Skills, Attention to Detail, Communications Skills, Computer Literacy (MS Word, MS Excel, MS Outlook), Interpersonal & Relationship management Skills, Negotiation skills, Numerical Reasoning skills, Planning, organising and coordination skills, Problem solving skills

Conditions of Employment

Clear criminal and credit record