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 The purpose of the role to conduct an inxe2x80x90depth, specialised and quality credit assessment and risk analysis on potential and a High Value Portfolio, to enhance the decision-making process involved in determining the Bank's appetite to extend credit to these clients. Financial analysis, interpretation and capturing of client information (company financial statements) and qualitative data.Risk Managementxc2xb7 Monitor clientxe2x80x99s performance on a continuous basis for risk indicators and perform formal reviews at specified time intervals to identify any changes in the client's business or operating environment.xc2xb7 Monitor adherence of covenants and conditions on a continuous basis and discuss any deviations and possible concerns with Sales team and escalate to Line Management and Credit if necessary.xc2xb7 Adhere to ARMS credit requirements as stipulated in the Absa credit policy. Monitor and report boundary events in terms of the Operational Risk Boundary.xc2xb7 Obtain input from Product Industry Specialist, where appropriate to assist in client solutioning and credit application process.xc2xb7 Identify the need for a meeting between high-risk clients, Credit and Business Support.xc2xb7 Request updated valuations on properties that serve as security for facilities in line with Absa Credit policies.xc2xb7 Manage and communicate the risks associated with outstanding securities.xc2xb7 Pro-actively identify problematic /high-risk clients and advise Credit, accordingly, manage them with a view to provide special input and implement loss preventative measures i.e., EWL Reports.xc2xb7 Request and manage outstanding Financial Statements as stipulated in the Absa Credit policy.xc2xb7 Action and manage daily Odex, Referrals, REPL and REPC. Contact clients that are on the referral listing for rectification.Credit Managementxc2xb7 Explore new, improved, and alternative ways of solutioning client credit requirements.xc2xb7 Adhere to Bankxe2x80x99s credit policies and procedures and ensure that they are fully complied with and that any policy breaches have been suitably addressed and mitigated.xc2xb7 Provide bank codes and reports on clients.xc2xb7 Proxe2x80x90actively manage credit risks associated with the portfolio of clients and their related products.xc2xb7 Manage and drive the deal forum process to ensure quality applications are submitted to the sanctioners with sustainable credit solutions.Portfolio Financial and Operational Managementxc2xb7 Compile reviews, amendments, and new applications to the appropriate lending authorities.xc2xb7 Issue facility letters to clients after reviews have been compiled and new facilities granted.xc2xb7 Draft and issue letters of reminder when facilities expire according to policy requirements, for example 30-, 60- and 90-day letters.xc2xb7 Contribute to the Nonxe2x80x90Interest Income by ensuring recovery of manual fees (e.g., Reviews, valuations) to avoid revenue leakages.xc2xb7 Spread client's financials on the various Credit Risk Grading models i.e., Agri Model, Public Sector Model, RiskCalc Model and Triad.xc2xb7 Provide the Default Grading (DG) output from the Credit Risk models.xc2xb7 Capture all information on the various risk grading models 100% accurately by checking that all the models balance.Client Solutioning and Customer Servicexc2xb7 Identify cross sell opportunities from analysis of Client's financials, account conduct and industry change and pass on to Relationship Executive/Transactional Banker as a lead.xc2xb7 Be part of the solution by attending sales best practice sessions with relevant stakeholders, give credit input to mitigate risk on the identified product offering or new acquisition, and monitor progress on the sales funnel, until the lead is converted into a deal.xc2xb7 Conduct research on the industry in which the portfolio clients operate, to understand the industries overall profitability, industry trends and clients market standing relative to their competitors.Teamwork and Self Developmentxc2xb7 Attend team meetings and contribute fully, including suggestions for ways of improving customer service and meeting targets.xc2xb7 Develop supportive relationships with colleagues and create a sense of team spirit.xc2xb7 Communicate concerns or challenges that derive from team interactions in a constructive and positive manner.xc2xb7 Develop and maintain contacts with Specialists in other areas of Relationship Banking and the Group.xc2xb7 Keep abreast of regulatory changes through regular training.xc2xb7 Monitor available L&D courses to develop your own training whilst helping others in the team to develop theirs.xc2xb7 Demonstrate the willingness and ability to perform to the very best levels to ensure personal alignment to ABSA's values and vision.Competencies:xc2xb7 Planning and organisingxc2xb7 Working with peoplexc2xb7 Writing and reportingxc2xb7 Financial analysisxc2xb7 Applying expertise and technologyxc2xb7 Entrepreneurial and commercial thinkingxc2xb7 Persuading and influencingEducationBachelor`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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