Corporate Credit Manager

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Bring your possibility to life! Define your career with us

 

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

? A credit professional acting as credit expert to the relationship team and conduit to the Corporate Credit function for sanctioning purposes.
? Responsible for developing practical and appropriate credit solutions (i.e. lending structures) through understanding customers’ needs.
? Delivering high quality and consistent credit applications.
? Maintaining integrity of International Credit Advisor (ICA) data, ensuring financial and other information is updated, consistent and accurate.
? Actively managing the ICA submission diary to ensure overdue reports are no more than 5% (adjusted) of the lending book.
? Identifying potential problem accounts early by actively managing the early warning process, timely actioning of monthly Risk Control reports and, where necessary, referring impaired lendings to the sanctioning point expeditiously after advising/agreeing with the RM.
? Origination of New Business Committee approved applications and annual reviews.
? Sanctioning excesses within personal discretion.
? Ensuring contact with/visits to existing and new clients at least once per year, usually at annual review/new business initiation or on a need basis.

 

Job Description

 

 

Outputs:

  • Analyzing management and financial information produced by customers.
  • Discussing with sanctioners deteriorating trends and trigger events if they give cause for concern, advising the RM simultaneously.
  • Reviewing, in conjunction with RMs, EWL1 strategy sheets and sign off every quarter.
  • Analyzing drivers of BBG and RT profiles with a view to improving risk profiles, and making appropriate commentary at annual reviews.
  • Ensuring that ICAs meet ROEC guidelines and that any deviations below the benchmark score have the sign off of the Commercial Banking Director.
  • Identifying potential problem accounts early by actively managing the early warning process, timely actioning of monthly Risk Control reports and, where necessary, referring impaired lendings to the sanctioning point expeditiously after advising/agreeing with the RM.
  • Managing overdue reports within group and local minimum thresholds.
  • Effectively liaising with offshore sanctioning teams, if applicable, to check approval status.
  • Discussing and agreeing with RM any changes to or additional conditions of sanction before sanction is issued and/or before submission to a higher sanctioner.
  • Providing constructive guidance, including discussion on specific proposals at an early stage, in problem situations.
  • Reviewing and executing documents with Power of Attorney mandate.

Outputs:

  • Attending to transactions queued on E-Box
  • Authorisation of LCs & guarantee limits on E-trade
  • Authorisation of transactions referred on FOS/BRAINS
  • Adhering to group and local health and safety standards.
  • Ensuring audit and compliance issues are fully addressed.
  • Contribute towards the team operating within cost       budgets, making recommendations for ‘working      smarter’.

Outputs:

  • Supporting the team leaders in delivering effective performance development for individuals within the team.
  • Driving proactive application of Absa Behaviours both personally and throughout the team and coach and support colleagues within the Team.

Managing relationships with all key stakeholders to ensure that the larger Absa team is pulling together.

 

 

Education

 

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

To apply for this job please visit absa.wd3.myworkdayjobs.com .

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