Senior Ongoing Credit Risk Manager

Description

• To oversee, manage and lead the day to day functions of the credit risk management teams and portfolios across the business
• Identify high risk clients through, inter alia, management of the various ongoing risk management processes

Duties

• Drive an Increase in average balance of assets as defined in the Financial Performance Report of the business
• Manage costs / expenses within approved budget to achieve cost efficiencies
• Reduce percentage of non-performing loans as a percentage of total performing book based on the business 'performance
• Reduce Bad debts as a percentage of performing loans utilization based on effective lending principals applied during approval
• Deliver exceptional Credit servicethat exceeds customers' expectations through proactive, innovative and appropriate solutions
• Cultivate and manage objective working relationships with a variety of stakeholders, including end-users, SME’s, project managers and senior staff members
• Maintenance of expert knowledge on relevant legislative amendments, industry best practices and provision of proactive advice and solutions to relevant stake holders
• Ensure average approval turn around time against target to ensure retention of clients
• Comply with governance in terms of legislative and audit requirements
• Efficient management of high risk portfolio including timely identification of high risk clients, checking security and mitigating risk by taking outstanding and new security and reducing limits
• Ensure effective Data Management by ensuring expired limits are attended to against set target
• Management of Credit System Ensure proper implementation, up keep and accuracy of the ORM system and the raising of accurate provisions
• Mange limits that are in excess of normal limit by reducing number against total limits
• Improve business decisions by providing accurate and reliable business intelligence (information) together with analyzing trends and data
• Authorize complex, high risk and highly profitable credit applications by assessing high credit risk and potential high profitable applications as part of Credit Panel and Debt Restructuring Committee
• Develop ongoing credit risk management principles
• Applying credit road map and debt restructuring principles including the proper application of credit principles and a proper understanding of liquidation and restructuring processes

Requisites

• Minimum Qualification:
• B. Com; LLB degree or Chartered Accountant
• Minimum Years of Relevant Experience:
• 8 to 10 years related experience
• At least 3 years management experience
• Thorough ongoing credit risk management experience
• Experience in all aspects of insolvency and company law
• Understand the various IT Platforms across the business relating to credit

Notes

• Only shortlisted applicants will be contacted