Job Description
About the Role
The Senior Credit Manager will be responsible for leading the credit risk management function within our client’s organization, providing expert advice on credit risk and mitigation strategies to support business growth and development.
Key Responsibilities
- Participate in Due Diligence investigations with SBUs & Regional Offices, provide advice on risks to be assumed, mitigate factors and assess viability of projects.
- Assist in risk identification and mitigation, ensuring compliance to credit policy and spreading of financials.
- Provide input into the review and enhancement of the IDC Credit & Investment Template as required.
- Facilitate constructive working relations and healthy working morale between the credit risk department and relevant SBUs.
- Identify and mitigate project and counterparty risks.
- Attend and participate in client or deal structuring meetings prior to DDF and provide advisory credit and structuring services on potential transactions after being cleared for any potential conflict of interest.
- Work with the deal team, including the Legal department, to ensure deal closure post Committee approval and support on applications requiring waivers of approved credit & investment terms when required.
- Perform credit checks and deed searches on prospective and existing clients.
Requirements
- CA or BCom post graduate qualification.
- MBA would be advantageous.
- 8 to 10 years experience in a financial institution, 5 years of which must be in the Credit Risk space.
- Knowledge and understanding of credit risk and any associated risks prevalent in the financing of transactions/projects.
- Excellent written and verbal communication skills – essential.
Qualifications
No specific qualifications mentioned.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Finance/Accounting Jobs in Gauteng
The finance and accounting sector is a significant contributor to the economy of Gauteng, South Africa, providing numerous opportunities for professionals looking to advance their careers. With major financial institutions, banks, and multinational corporations based in the province, there is a high demand for skilled finance and accounting professionals.
Salary ranges in Gauteng are generally in line with national averages, but can vary depending on factors such as industry, company size, and level of experience. According to recent job postings, average salary ranges for finance and accounting positions in Gauteng include:
R250 000 – R350 000 per annum for junior finance professionals
R400 000 – R600 000 per annum for experienced accountants
R700 000 – R1 200 000 per annum for senior finance managers
Key skills required for success in the finance and accounting sector in Gauteng include:
Financial planning and analysis
Accounting standards and compliance (e.g. IFRS)
Data analytics and reporting
Communication and interpersonal skills
Budgeting and forecasting
Risk management
Business acumen and strategic thinking
Major employers in the finance and accounting sector in Gauteng include:
Standard Bank, one of South Africa’s largest banks, with its headquarters located in Sandton, Johannesburg.
Multinational corporations such as IBM, which has a significant presence in the province, and Unilever, a leading consumer goods company.
The Johannesburg Stock Exchange (JSE), which is also based in the province and provides opportunities for finance professionals to work in investment banking and stockbroking.
Career growth opportunities are available in the finance and accounting sector in Gauteng, with many companies investing in training and development programs to support their employees’ career progression. Senior finance managers can move into executive roles, while experienced accountants can take on leadership positions or start their own businesses. Additionally, the JSE offers a range of training programs and certifications for finance professionals, such as the Certified Financial Analyst (CFA) program.
Overall, the finance and accounting sector in Gauteng presents numerous opportunities for career advancement and professional growth, with a high demand for skilled professionals and competitive salary ranges.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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