Job Description

Closing Date 2025/02/12
Reference Number LAN250206-1
Job Title Credit Analyst: Workouts & Restructuring
Division Risk Management
Unit PMS Workout and Restructuring
Job Type Classification Permanent
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Centurion
Job Advert Summary(Land Bank) is South Africas only specialist agricultural bank established in 1912, the banks sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach. These services enable farmers to finance land, equipment, improve assets and obtain production credit. The Land Bank provides financial services that have moved with the times and continues to provide services to agri-business and constantly reviews its offerings to ensure that they match the needs of an industry. As change has swept across the sector in South Africa the socio-economic makeup of agriculture has altered, bringing new entrants from historically disadvantaged backgrounds on to the land, these new farmers, facing the challenges of establishing sustainable agri-businesses across the agricultural value chain, Land Bank has been a commercial lifeline offering appropriately designed financial products that facilitate personal and commercial viability in a sector that is vital to the sustainability of South Africa and its people.The position reports directly into the Workout & Restructuring Business Area and the delivery is based on all credit risk matters related to the workout & restructuring portfolio. Carry out quality credit assessment, present sustainable solutions and manage the credit risk of a portfolio of clients within the W&R portfolio . To perform quality credit assessments and submissions for the allocated portfolio within workout & restructuring applications and mitigate any potential risk on behalf of the Land Bank in accordance with the approved Credit and W&R Policies and the delegated level of power.
Key Performance Areas1. Credit Assessment and Risk Management

• Carry out full credit assessments within allocated portfolio
• Check the credit submission for completeness, including accompanying documents in terms of the approved loan guidelines.
• Ensure that all relevant information and documentation has been received from the operations as per the agreed checklist
• Follow up with the branches to ensure that all supporting documentation is complete
• Ensure that loan applications conform to the set standards, highlight anomalies and suggest corrective measures
• Align products to the purpose of the loan and the Credit Policy to suite customers needs
• Co-ordination of CAC and CCC setting up of agenda(s) for application(s) to be heard
• Reporting stats of application(s) processed for allocated region(s)
• Check the spreading of financial statements to identify the viability and performance of the business and assess business and financial risk by analysing financial statements of applicants

2. Stakeholder Relationship Management and Team Support

• Build relationships with all the relevant stakeholders to ensure understanding of requirements and addressing any credit related issues
• Respond to queries received from the Branch operations and the relevant Credit Committee
• Promote a culture of credit risk management at branch level.
• Provide guidance and training to operations on credit related matters
• Adhering to legislative requirements
• Pro-actively develop self with regards to other / new products in the Land Bank
• Manage own career and personal developments
• Demonstrate behaviour that is aligned to the Land Bank values
• May be required to represent Credit on projects as assigned by management

3. General Administration and Audit Matters

• Ensure that documentation is archived in accordance to the Banks policy for record and audit purposes
• Attend to audit findings as and when required within area of responsibility
• Take remedial action on all audit findings and ensure that issues are resolved or addressed
• Ensure recording of all credit committee meetings are loaded on the v-drive
• Ensure feedback is given to all the relevant stakeholders on outcome of the application

4. Loan Policies and Procedures

• Provide input to policies and procedures and updates and identify opportunities to improve as and when required
• Provide inputs on lending norms and credit criteria to be applied on new products
• Participate in the review of Credit Policies and procedures.
• Ensure that the branches are informed of changes to policies and/or of credit policies and procedures that have been approved
• Provide guidance to the operations at branch level to ensure consistency and a standardised approach

Preferred Minimum Education and Experience3 year Tertiary Qualification (Commerce) Majors Accounting; or a 3 year Credit Management DiplomaRelevant credit assessment experienceThorough knowledge of the :

• NCA, CPA, FICA and related credit regulatory requirements
• The primary and secondary agriculture sector finance.
• Appraisal of credit proposals and deal structure for: assets finance, working capital, back ward and forward integration finance

Critical Competencies

• Microsoft Office
• knowledge of risk management principles
• Knowledge / Experience of compliance systems / tools
• Compliance Management Principles
• Knowledge of Compliance related legislation
• Knowledge of Business and Law Principles

Additional Requirements

• Knowledge of Compliance and Risk Management Principles
• Knowledge of standard business law principles, Company Law and Law of Contracts
• Knowledge of PFMA
• Knowledge of Corporate Governance and Business Environment (role players)
• Financial and budget management principles
• Project management Principles
• Knowledge of the National Credit Act and legislation governing lending institutions

Land Bank