ENVIRONMENT:

THE expertise of a highly skilled Credit Risk Manager is sought by a leading global full-service Commercial bank where you will analyse credit applications made by the Corporate Banking and Treasury Departments, including risk review of internal credit ratings and post-loan management reports. The successful incumbent requires a BCom Degree in Finance, Economics or related field and 4-8 years Banking/Financial Services and Credit/Business Analyses experience. You will also need experience analysing financial statements & credit applications (corporate clients), have compiled credit assessment reports and have a general understanding of the function of a bank.

DUTIES:

Analyse credit applications made by the Corporate Banking and Treasury Departments, including risk review of internal credit ratings and post-loan management reports -

• Review credit Limit and transaction application and provide risk review opinions.
• Review credit rating applications and provide credit rating validations.
• Administer the Drawdown Centre process and procedure.
• Ensure the above complies with internal policies and procedure manuals.

Participate in Risk Management Areas, Committees and Forums and engage with stakeholders -

• ICAAP, Recovery Plan Risk Appetite, Sensitivity and Stress Testing, Pillar 3 disclosures and others as it relates to credit risk.
• Represent the bank at industry forums and working groups.
• Engage with the Regulator, Auditors and other stakeholders in relation to credit risk and related credit risk matters.

Ensure compliance with the credit policy and related credit policies of the bank and to provide training on the aforementioned as well as annual review and amendments to align with Group requirements -

Ensure policy compliance -

• Monitor counterparty and industry concentration risk.
• Monitor credit limit expiry and credit limit renewal.
• Monitor the monthly post lending reporting and issue risk review opinion.
• Monitor annual review of loans and advances.
• Monitor internal credit rating validity and credit rating renewal.
• Monitor covenant compliance and adherence to legal agreements.
• Monitor the risk classifications of loans and advances.

On-going post lending monitoring -

• Identify and evaluate significant increases in credit risk.
• Measure the impact of adverse news, ESG risk, RAD triggers on assets / counterparties.
• Trigger loan / asset risk classifications reviews.
• Make risk-based recommendations for the various committee.
• Monitor Past Dues, Non-performing assets and report on the write off process of loans and advances.

Be responsible for credit administrative functions for example confirmations for new drawdowns (and roll-overs) and covenant monitoring -

• Cooperate and collaborate with Front Office Departments to obtain condonations for breaches of any policy requirements.
• Maintain the credit limit and credit rating expiry monitoring tool.
• Maintain the annual post lending monitoring tool and ensure annual reports are completed.
• Take responsibility for reminding Front Office Departments to follow up on exposures in excess.
• Cooperate and collaborate with Front Office Departments on roll-overs of interest period on loans and advances are conducted.

Provide secretarial duties for the Credit Committee and Deal Forum -

• Receive meeting requests from Front Off