Job Description

Job Summary

Responsibilities

• Pursue the Branch's growth strategy by providing support to the business units on credit and trade finance business products on a bilateral and syndicated basis. Maintaining good communication with business units to guide them through the process
• Provide solutions that connect Chinese and South African business via the xe2x80x9cOne Belt-One Roadxe2x80x9d initiative by improving the relationship between stakeholders and facilitating business ties between China and South Africa
• Play an active role in promoting trade and business, contributing towards economic and infrastructure development while giving due consideration to green finance and sustainability
• Drafting as well as reviewing due diligence reports (credit risk reports) of team members based on credit applications from client-facing business units serving clients both locally and internationally
• Compiling post-lending management reports, and annual reviews, monitoring progress of developments, reporting on bilateral and syndication post-lending requirements and covenants as well as dealing with ad-hoc reporting as requested
• Actively engage with members of the Credit Review Committee (CRC) locally as well as the DD team members and approves at EMEA (London)/ Head Office (China), to present risk findings and deal with queries from submission up to when a decision is finalized
• Promote, update, and enhance strategies for credit business developments, green finance, and other risk-related areas which are outlined in relevant rules and regulations/ policies within the Branch
• Lead the process on high-risk and non-performing loan recovery accounts to ensure there is consistent progress on account repayments and collections for those accounts that are handed over
• Monitor the watch list accounts and ensure risk reports are submitted to Head Office if there are major risk events
• Work closely with the internal rating process, ECL reporting as well as RAROC and EVA calculations within the team, ultimately informing the credit decision process
• Provide a sound knowledge base to guide and mentor those within the team and other departments on all credit-related matters or queries
• Provide training on credit risk, financial analysis, and other related processes that with improve knowledge and efficiency within the team
• Industry knowledge and research are required from time to time in order to mentor and guide staff on best practices and the latest developments in the field

Requirements

• B Com Finance degree as a minimum requirement
• 8 years relevant credit experience in CIB, preferred 10 or above years
• Proficient with Microsoft Office software packages, specifically Word and Excel
• In-depth knowledge of the South African Company Act, Banks Act, Basel III
• Highly motivated, self-driven individual required with good interpersonal and communication skills and ability to work in a multi-cultural team
• High competency level to perform analysis of financial statements, cash flows, projections, and other financial trend information to assess risk on large corporate and complex international conglomerates
• Proficient knowledge and experience in dealing with different credit products across various industries, dealing in collateral, and with an understanding of legal documentation across various jurisdictions
• Extensive experience in the full end-to-end credit process and ability to train and mentor team members, guiding them towards improving existing processes in place
• Suggest alternative funding solutions by making recommendations based on credit policy guidelines and the analysis based on the information provided where declined
• Manage stakeholder expectations by operating and delivering against agreed service level agreements and reviewing the process on a regular basis to improve on timelines
• Ensure general administration of the team meets high standards and aligns with the requirements of the Branch. Oversee the administration of the team's duties
• Enhance processes, policies, and procedures by recommending and making submissions to the relevant parties
• Adapt to changes in legislation by providing input to redesigning credit processes and systems where applicable.

Kencorp Executive Search

2005

P O Box 136893 Alberton North

2-10

Recruiter

About

Kencorp Executive Search was founded early 2005 and offers the combined expertise of 20 years of experience. Kencorp specializes in sourcing and placing professional and experienced candidates in the Hospitality, Pharmaceutical, FMCG, IT and Legal industries. We provide a fully comprehensive service including screening and reference checking for all our candidates which includes a candidate database and a guarantee period on all our candidates placed. This is to safe-guard you, our client, as well as the candidate and ensures that you are completely satisfied that you have made the right choice for your organization and that the candidate is happy in their new working environment. Kencorp strives to bring you: - Increased profits and sales - Decreased costs Kencorp is proud to be a member of APSO and runs the business strictly according to the APSO Code of Ethics. The Company prides itself in staff solutions for the ultimate results in Client needs and Candidate career choice. The aim is for successful permanent placements and Client/Candidate satisfaction. We are a BEE compliant company and have EME Certification.

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