Requirements

Credit Evaluation:


To approve and decline credit applications based on sound justification against the Bank’s Credit policy and National Credit Act requirements as per National Credit Regulator
To evaluate credit applications in line with the Bank’s credit scoring models
To determine loan interest rates in line with the Bank’s retail Pricing Matrix, Credit Score and as prescribed by the National Credit Act.


Facility Reviews:


To conduct facility, review assessments of existing customers
  To assist Business to ensure that reviews are conducted annually and timeously 
To timeously issue quotations and facility letters  


Post-fulfillment:


To exercise effective post-lending monitoring to ensure that facilities are maintained in accordance with conditions of sanction and covenants


Portfolio Management


To apply appropriate action on the daily referral report to minimize the Bank’s risk. This is to be done by effectively dealing with unauthorized excesses and overdrawn positions
To closely monitor and control arrear loan accounts
To timeously monitor deterioration in the lending book and action same per loan classification policies and guidelines
To recommend accounts to the Watch list and Criticized Assets Committee for closer and significant monitoring
To timeously recommend hand over of delinquent accounts to NPL section for rapid action and recovery process


Reporting:


Maintain proper records of the lending bookings
To produce reports regarding of the lending book when called to do so
To contribute to improving processes and efficiencies within the department


Policies and Procedure:


Daily task planning and prioritizing of expected deliverables for timeous execution and delivery of expected outcomes
Adherence to SLA requirements within the Retail business segment
Effective and sound decision making


Policies and Procedures:


To analyse and assess credit applications in accordance with approved policies and procedures and ensure that credit exposures are created subject to stipulated guidelines
To ensure that correct products are recommended and approved for the lending book
To monitor lending covenants and ensure that same are adhered to
To assist with maintenance and update of the Bank’s Credit Policy Guide as/when require


People management:


To manage, develop and support staff
To maintain sound relationships with superiors, subordinates plus internal and external customers.


Job Requirements:


Bachelor’s degree, Diploma in Banking, accounting, business administration, finance, or a applicable qualification/s
Minimum 5 years proven work experience as a Credit Manager with a retail lending mandate, including exposure to application scoring and other forms of automated lending decisioning practices
3 years in a Senior Management role
In-depth knowledge of retail banking products, credit risk assessment, and regulatory requirements in South Africa.
Proven track record of developing and implementing effective credit policies and managing credit portfolios
Proficiency in Microsoft Office 365 applications
Good understanding of retail lending products
Strong mathematical and analytical skills
Proficiency in oral and written communication
Excellent problem-solving skills
Effective communication skills
Good interpersonal skills
Detail orientated and output driven personality
Assertiveness, with the ability to deal with stressful situations and manage conflict