Job Description

Please email application through to

Main job function

To provide for the preparation of Credit proposals required by the Executive Credit Committee, encompassing the analysis of clients' financial position in order to determine whether or not Finance can be extended for assets and/or trade.

Credit Proposals

Analysis of financial statements and management accounts in order to assess financial performance of applicants as well as guarantor entities which includes preparation of Income Statement, Balance sheet spread and consolidation of Information where applicable

Analysis of Value Added Tax (VAT) returns and book debts

Research market trends, perform qualitative reviews, corporate ratings and determines affordability of repayments

Obtains information on clients' background, nature of business, location, Management, customer and supplier information

Requests Kreditinform report to determine clients Credit history, bank reports and security confirmations if it is related to a trade client

Creates a SWOT analysis in order to identify risks associated with clients thus highlights the banks awareness to potential hazards

Prepares and updates detailed manual exposure report for Group in terms of security by ensuring securities are correctly loaded, financial s are updated on relevant system, qualitative review status is updated, valuations are up to date and follows up on arrears if applicable

Provides sensitivity analysis for each application within the proposal

Prepares information sheet and requests Trust reviews from Legal department

Identifies risks with respect to client and/or Industry and mitigating factors

Responds to queries made by Management Credit Committee (MCC), Executive Credit Committee (ECC), Board Credit Committee (BCC) and Board of Directors (BOD) relating to the proposal as and when required

Analysis of Book Debts

Conducts analysis of book debts on a monthly basis for clients, whose cession of book debts are held as security which entails liaising with clients to determine recover ability of book debt balances that are outstanding

Determines updated book debt security amounts and updates on the system

Prepares book debt pack schedules which entails security values for each client and risk rating monthly

Liaise with clients with regards to book debt queries

Responds to queries on the analysis raised by the relevant Committees

Trade Finance Reviews

Maintains and updates trade review lists and registers for all trade and revolving asset facilities by updating review dates, level of facilities, ECCM approval dates, date review letter submitted and includes updating for all new clients

Maintains and updates tracking schedule which includes clients name, date submitted, purpose of application, ECC date approved/declined, next review date and facility amount approved

Maintains and updates outstanding information lists for each application and subsequent follow up

Review Letters

Prepares trade review letters requesting financial information from clients and/or the clients accountants for annual trade reviews

Follows up on receipt of letters and submission of information on an ongoing basis

General

Follows up on financial information required from clients such as financial statements, management accounts, VAT returns, Assets and Liabilities statements, Income and Expenditure statements, Banking details and queries relating to financial statements, etc

Obtains and reviews FICA documentation for all new and existing clients

Completion of the necessary checklist

Compiling and maintaining of deal files Qualifications:

QUALIFICATIONS

A degree or Relevant Qualifications in Finance / Accounting will be required in order to meet the requirements of the role at the highest level of competence Experience:

PREFERRED EXPERIENCE

A minimum of 2-3 years' experience in the Finance/ Accounting banking environment

KNOWLEDGE

MS Office

Knowledge of the following:

Credit Policies and Procedures

Shariah Banking principles

Banks's policies and procedures

Basic knowledge on the Banks Products and Services

Finance and Accounting

A Consultant will be in touch if you are shortlisted for the position. Please consider your application unsuccessful should you not have been contacted within 2 weeks. We will keep your CV on our database and contact you should you match the criteria of any other vacancies

Please contact Sharon Smit

Armstrong Appointments