Manager Credit - - North Johannesburg

Contract: 6 Months Job purpose description Manage a portfolio of counterparty credit risks associated with lending, trading, and investing activities, with the primary objective of assessing and managing risk within acceptable parameters. The portfolio consists of a diverse range of NBFI clients with a focus on Investment Banking transactions. Key Responsibilities Ensure the effective management of Credit Portfolio Allocated. Outputs and measures Demonstrate complete ownership and thorough understanding of the risk profile of the credit portfolio allocated. Formulation and recommendation and/or evaluation of credit proposals, with a comprehensive risk assessment for new increased facilities, as well as annual risk reviews on the existing portfolio base. May require visiting the customer and engaging at MD (Managing Director), FD (Financial Director) or FM (Financial Manager) level, and where necessary present applications to Credit committees consisting of Exco members. Coordinate and ensure that the post-approval implementation of facilities and legal documentation is in accordance with the conditions of sanction. Follow up and address non-adherence to terms and conditions of sanction by counterparties; to consider the inherent risk therein and make recommendations as to action to be taken to regularise or mitigate such increased risk Coordinate research in respect of industry and market risk in relation to counterparty exposures on the underlying portfolio. Articulate credit appetite based on risk appetite for sector and give guidance structure of deals and documents (legal and collateral) required. Complete effective financial analysis of counter party credit risks. Undertake quantitative and qualitative financial analysis to develop a comprehensive understanding of counter party risks for new or increased facilities. Conduct annual risk reviews on the existing portfolio base. Make timeous, sound, and pragmatic recommendations and decisions in managing accounts within portfolio. Effective Management and completion of all other required administration. Outputs and measures Daily management, escalation, and control of portfolio irregularities. Participate in projects as delegated from time to time. Management of excesses on portfolio. Keep abreast of industry specific knowledge and key developments. Participate in and remain abreast of market developments. Stay attuned to industry and market risk developments and trends in relation to counterparty exposures and their impact on the underlying portfolios. Ensure efficient and effective stakeholder engagement. Proactively develop and manage relationships with key internal and external stakeholders Hold primary relationship with clients and manage all aspects of client interaction including coordinating and execution of transactions. Work closely with front office to secure deals by providing the appropriate structuring advice at the appropriate DA (Delegated Authority) level. Formal minimum qualification Master’s Degree Business Commerce Experience Corporate Banking: 3-4 Years Thorough conceptual and practical knowledge of credit procedures, policies, and standards, as well as a thorough understanding of products and facilities that give rise to counterparty credit risk. Understanding of Basel and broader regulatory and compliance requirements. Investment Banking: 3-4 Years Good understanding of vanilla lending and derivative products and facilities that give rise to counterparty credit risks, including the documentation required/presented to manage that risk. Risk Management: 3-4 Years Well-developed knowledge of financial markets, global economy and appropriate regional geographies in which portfolio operates. Finance Financial Accounting: 3-4 Years Good understanding of accounting (both management and financial accounting) to analyse financial strengths and weaknesses of clients and identify potential risks to credit proposals. Risk Management Systems Risk Systems: 3-4 Years Understanding and working knowledge of risk systems monitoring and its related procedures for analysing the account behavior of clients and identifying trends and shifts in credit risk profiles. Behavioral Competencies Checking Details This competency is concerned with the careful checking and confirmation of details in a task. Other behaviors associated with the “Checking Details” competency is being accurate. Being accurate requires individuals to have a strong quality orientation as well as to be thorough and detailed in their approach when completing tasks to avoid making mistakes. Conveying Self-Confidence Competency Description: This competency is concerned with individuals displaying a keen sense of self-worth and projecting confidence in the workplace. Important facets emphasised in “Conveying Self-Confidence” include individuals being positive about themselves and having a sense of being in control of their own future. Interacting with People This competency is about fostering relationships that benefit the organisation as well as an individual’s effectiveness and efficiency. More specifically, it includes personal networking behaviors, contacting others and strengthening relationships. Examining Information This competency serves to aid effective problem solving and requires being effective at probing and analysing situations efficiently and accurately. This competency is important because without sufficient analysis, effective solutions become less probable. In addition, poor analysis makes it more likely that individuals become confused and anxious, bored, error prone or overwhelmed by detail, which also impacts negatively on successful problem solving. Team Working This competency is about working well in a team. To develop this competency, individuals are encouraged to acknowledge the views and contributions of others, and to involve others in decision-making. Making Decisions Competency Description: This competency is about the pace at which individuals are prepared to make decisions, as well as their willingness to take responsibility for their decisions when under pressure. It also deals with the extent to which individuals are definite about their views and opinions. Establishing Rapport This competency is about the behavior’s an individual should employ to effectively engage people, establish positive personal contact, and improve the likelihood of maintaining positive relationships. This competency is therefore about putting people at ease, making friends, and helping people feel welcome. Directing People This competency emphasises the “leading” or “giving direction” part of leadership. The effective display of the “Leading People” competency is highly dependent on the effective display of a number of other competencies. Leading people is about taking control of as well as coordinating people and resources. While there are many different views on what leadership is, in this case, the concern is not focused on what leadership is, but is focused on the generic behaviors associated with leading people. Technical Competencies Risk Analysis The ability to facilitate risk assessment to gain an understanding of risk impacts, thus developing the profile of insurable risks. Applies concepts without requiring supervision, able to provide technical guidance when required Risk Measurement Ability to define and analyse risk identification information in a quantitative and/or qualitative way. Applies concepts without requiring supervision, able to provide technical guidance when required Risk Identification The examination of the essential elements of risk such as assets, threats, vulnerabilities, safeguards, consequences, and the likelihood of the threats materialising. Applies concepts without requiring supervision, able to provide technical guidance when required Leadership Competencies Seeking Deeper Understanding Competency De Apply Now

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Manager Credit - North Johannesburg

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