Credit Officer

Description

• Responsible for ensuring that the credit policy is complied with when assessing applications or escalating same and that all new credit applications are submitted to the Board with a minimum number and amount of arrears and bad debts

Duties

• Credit Application / Assessment:
• Policy Compliance
• Ensure that credit applications and assessments in terms of tasks assigned, conform to/comply with the “Credit Risk Management Model” prescriptions with limited assistance to interpret credit policy issues
• Application Assessment Control
• Ensure that most application assessments are prioritised and that they conform to credit application prescriptions and requirements
• Assessment of Securities / Repayment Ability / Risk
• Ensure that all securities cited and offered, considering repayment ability and risk involved, conform to Bank policies and requirements with limited comebacks/ referrals
• Credit Aftercare:
• Aftercare of Credit Facilities in Arrear / Excess
• Responsible for managing facilities, arrears and excess to be within set norms and time frames according to system detail and information from branches and that there are few instances where facilities in arrear/excess reported are not managed effectively
• Number of Arrears /Excess
• · Ensure that they are on average 100% within set norms
• Amount of Arrears /Excess
• Ensure that they are on average 100% within set norms
• Bad Debts of Applications Approved
• Ensure that bad debts correspond with the guideline percentage with less than 0,5% deviation
• Finalisation of Bi-Monthly/ Monthly/ Quarterly /Half Yearly / Annual Reports
• Ensure that all reports are prepared and submitted on time according to prescriptions with few comebacks regarding clarification on information submitted
• Adherence to Diary Dates
• Ensure that items diarised are completed within time limits with few deviations
• Customer Focus:
• Conforming to Branches’ Service Requirements
• Ensure that branches are handled in a professional manner with correct advice, guidance and accurate information

Requisites

• Experience/Knowledge & Skills:
• Knowledge of the system and processing activities
• Self-confidence and interpersonal skills
• 3-5 Years accounting experience in a similar position
• Computer literate: (knowledge of MS Word & MS Excel)
• Analytical and technical skills
• Product knowledge
• Qualification:
• Matric with Accounting as subjects
• Tertiary education in Finance (B.Comm or similar)
• Core Competencies
• Deciding and Initiating Action
• Adhering to principles & values
• Writing and Reporting
• Analysing
• Planning and Organising
• Delivering Results and Meeting Customer Expectations
• Entrepreneurial and Commercial Thinking

Notes

• Only shortlisted applicants will be contacted