Job Description

Empowering Africa's tomorrow, together...one story at a time.
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary To support the credit risk process through carrying out comprehensive and quality credit risk functions within the credit lifecycle to create shared growth within the boundaries of internal policies and external regulations for Resources and Project Finance clients
This credit analyst role involves managing a portfolio of Corporate clients from a credit risk perspective and requires active stakeholder engagement. The role also involves carrying out comprehensive and quality credit assessments and analysis on potential and existing clients within the portfolio to enhance the decision making process in determining the Bank's appetite to extend and maintain credit to these clients. To work within existing credit policies to structure appropriate bankable solutions for the client and manage all other credit related issues for a portfolio of clients.

Risk Management: To conduct quality credit risk assessments and reviews, Proactively manage credit risks associated with clients, Develop data driven strategies, facilitate the credit sanctioning process to ensure responsible risk decisions | Data and Systems Management: To produce and analyse relevant management information and insights management | Governance: Ensure the bank's credit, philosophy and all relevant legislation is adhered to |
Risk Management:
To conduct quality credit risk assessments and reviews and proactively manage credit risks associated with clients across the Resources and Project Finance. Key accountabilities include:

• Conduct research on the industry in which the client operates to understand the industries overall profitability, industry trends and client's market standing relative to its competitors.
• Conduct assessment of the risks and potential mitigating factors impacting on a client.
• Perform robust financial and non-financial analysis on the client that supports the review of facilities or new funding proposals.
• Make use of clients' historical data for example, financial statements to forecast the clients' potential growth and sustainability. Conduct a sensitivity/scenario analysis to determine the impact that a change in, for example the economy, political situation, consumer demand etc will have on the clients' financial health.
• Compile a proposal which summarises, the clients' background and needs, the research findings and the final recommendation on which credit lending solution is best for the client, for the Credit Manager to approve in the interim and escalate further for the necessary approval.
• Facilitate the credit sanctioning process by responding to sanctioned enquiries and/or attending all relevant Credit Committee meetings in order to present and sponsor credit applications that have been submitted under your signature.
• Compile reviews, amendments and new applications to the appropriate lending authorities. Monitor the client performance on a continuous basis, in addition to performing annual reviews of clients, to ensure early detection of a client's business or operating environment.

Governance and controls:

• Ensure that the Bank's credit policies, philosophy and all relevant legislation are fully complied with at all times and that any policy breaches have been suitably addressed and mitigated against.
• Ongoing credit portfolio monitoring and maintenance of Group Risk Appetite.
• Ensure that all covenants are measured and reported during the review or new credit application process and that all changes to covenants are reported to the transaction management team.

Data and Systems Management:

• To produce relevant management information and manage exposures including the maintenance of relevant systems.
• Drive capital efficiencies through ensuring that the key credit metrics , limits and review dates are correctly captured on the Bank's credit systems a.

Business Enablement:

• Provide solution driven support to business to facilitate growth initiatives, whilst maintaining a healthy balance between risk and reward.
• Participate and add value to business committees where required .
• Communicate and interact regularly and proactively with business stakeholders while providing insights on risk trends and providing clear risk appetite guidance.

Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)
Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised