ROLE REQUIREMENTS
1. Credit Application Evaluation
– Oversee the evaluation of credit applications, ensuring that decisions are made based on sound financial analysis and risk assessment.
– Implement and enforce credit policies, guidelines, and underwriting standards.
– Ensure that all credit applications meet internal risk parameters and comply with regulatory requirements.
2. Risk Management
– Identify and assess credit risks, ensuring that lending decisions align with the institution’s risk appetite.
– Develop strategies to mitigate credit risks, including recommending credit terms or collateral requirements.
– Monitor the quality of the credit portfolio, identifying early warning signs of potential defaults.
3. Credit Policy and Process Improvement
– Review and update credit policies, procedures, and tools to ensure they remain effective and in line with regulatory changes.
– Lead initiatives to improve credit evaluation processes, focusing on efficiency and accuracy.
4.Team Leadership and Development
– Lead, train, and mentor a team of credit evaluation analysts and credit officers.
– Ensure that the team is well-equipped to evaluate credit applications effectively and make sound credit decisions.
– Conduct regular performance reviews and provide ongoing support for professional development.
5. Stakeholder Engagement
– Work closely with Credit Origination teams , business development teams, Business Bankers and other stakeholders to provide insights into credit decisions.
– Provide recommendations to senior management on high-value or high-risk credit applications.
6. Compliance and Reporting
– Ensure that all credit decisions comply with internal policies and external regulatory requirements.
– Prepare reports on the performance of the credit portfolio, highlighting key risks, trends, and opportunities.
QUALIFICATIONS AND EXPERIENCE
- Bachelor’s degree in finance, economics, accounting, or a related field;
- Master’s degree or MBA is advantageous.
- Certifications in credit risk management, financial analysis, or risk management
- 7+ years of experience in credit analysis or credit evaluation, with at least 3 years in a management or leadership role.
- Proven track record in managing credit portfolios and leading credit evaluation teams.
- Extensive experience with credit risk assessment, financial analysis, and regulatory compliance in the financial services industry.
- Agric Lending is an added advantage
Closing date: 31 December 2024