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Manager Credit - Central 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 riskCoordinate 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. < https://protool.gumtree.co.za/external-link-browser.html?urlaHR0cHM6Ly93d3cuZGl0dG8uam9icy9qb2IvZ3VtdHJlZS8xMDg0NDcwNjM/c291cmNlPWd1bXRyZWU&jid1188016&xid108447063 Apply Now
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