Job Description

Empowering Africaxe2x80x99s tomorrow, togetherxe2x80xa6one 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 Credit Officer Home Loans responsibilities include assessing home loan applications, evaluating clientsxe2x80x99 financial information, and determining affordability and risk.
To be successful in this role, you should have a good understanding of lending procedures and stakeholder support experience.
Ultimately, you will help our clients acquire a home loan in a timely manner, while ensuring we comply with regulatory requirements.Key Responsibilities:Home Loan Assessments:

• Conduct thorough assessments of home loan applications for individuals and entities.
• Evaluate creditworthiness, financial stability, and risk associated with each application.
• Ensure compliance with regulatory requirements and internal policies.

Stakeholder Engagement:

• Collaborate with various stakeholders, in a professional manner.
• Provide guidance and support to stakeholders throughout the application process.
• Build and maintain strong relationships with key partners.

Volume Management:

• Effectively manage high volumes of home loan applications.
• Prioritize tasks to meet deadlines and maintain service levels.
• Implement streamlined processes for efficiency.

Decision Making:

• Make informed and well-supported credit decisions.
• Utilize credit scoring models and risk assessment tools.
• Present recommendations and justifications for credit approvals or declines.

Risk Management:

• Identify potential risks associated with home loan applications.
• Mitigate risks through thorough analysis and adherence to risk management protocols.
• Stay abreast of industry trends and regulatory changes affecting credit risk.

Compliance:

• Ensure strict adherence to regulatory requirements and internal compliance policies.
• Keep abreast of changes in legislation impacting home loan assessments.

Reporting:

• Generate and analyse reports related to home loan applications and credit decisions.
• Provide insights into key performance indicators and trends.

Qualifications and Skills:

• NQF6 compulsory, NQF7 preferred in Accounting, Economics, Banking and Finance or relevant field
• 5 years credit experience preferred.
• 3 home loans experience preferred
• Exposure to Credit assessments preferred
• Excellent analytical and decision-making skills.
• Effective communication and interpersonal skills.
• Ability to work under pressure and manage competing priorities.
• Proficiency in using credit scoring models and risk assessment tools.
• Familiarity with relevant software and technology platforms.

Applications are invited exclusively from candidates with a clear credit bureau record, as this position entails a substantial credit mandate.Demonstrating responsible personal financial management is a key qualifying criterion for this role.EducationBachelor`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

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