Sandton: Credit Evaluation Manager (Bloemfontein) posted by Be Different Recruitment

About the Role

We are seeking a highly skilled and experienced Credit Evaluation Manager to join our team in Sandton, Bloemfontein. As a key member of our credit risk management environment, you will be responsible for evaluating client and financial information, making prudent credit decisions, and identifying opportunities for asset growth.

Key Responsibilities

• Obtain and assess client and financial information, including cash flows and cash flow forecasts, with a view to understanding the current debt levels and repayment requirements as relates to different products and banks.
• Make prudent credit decisions on lending applications and authority sought requests within the parameters of the relevant individual product policies and/or multiple product policy, relevant regulatory requirements such as the National Credit Act and sound financial principles.
• Determine the best possible lending solution for the client and the bank.
• Proactively highlight opportunities for asset growth in line with ecosystem philosophy and sound credit risk principles.
• Adhere to Before sunset service in order to deliver excellent client experience.
• Attend client visits to understand clients and their businesses.
• Client engagements may be in person or virtually.
• Stipulate conditions for facilities bearing credit risk policies and processes in mind.
• Ensure credit risk is appropriately identified and addressed in the initial assessment and the ongoing management of the exposure.
• Display a good understanding the credit risk management environment.
• Support the credit risk team as required to ensure performance of their responsibilities.
• Pro-actively identifies opportunities to improve processes and systems within the business unit to enhance risk management and efficiencies.
• Assist with training new staff as and when required and cross skilling of existing staff.
• Provide credit guidance and advice to business through the sharing of knowledge, coaching and assistance in improving the understanding and quality of credit risk.
• Build and maintain relationships within the broader credit team and business stakeholders.
• Acts as a partner to business in unlocking ecosystem and other client opportunities to support the achievement of asset growth within the bounds of responsible credit risk management and set risk appetite.
• Ensures that service is provided to the satisfaction of all stakeholders in terms of service level agreement. Attends business and team connect sessions, ecosystem and squad meetings.

Requirements

• 5-7 years experience in intuitive credit assessment and decisioning in relevant segment and products (i.e. across business banking or Agri).
• Thorough knowledge and understanding of financial statements.
• Knowledge and understanding of repayment structures, collateral and collection processes within the banking environment. Understanding of legalities associated with lending and collateral.
• Knowledge of credit and strategy business rules and processes to identify exclusions where applicable. Understanding of the National Credit Act.
• Knowledge in respect of collateral how it is affected and released, as well as the value assigned to different collateral types from a credit perspective. Understanding of Deeds office processes.
• The knowledge and understanding of loan granting processes including credit checks, credit scorecard completion, affordability criteria and repayment terms and conditions.

Qualifications

• BComm in Finance and Accounting