Job Description

Credit Manager (JB4631)
Midrand, Gauteng
R400 000 - R500 000 CTC per month
Permanent

Join a dynamic team focused on providing innovative financial solutions to small and medium-sized enterprises (SMEs).
This role involves making informed credit decisions, maintaining strong stakeholder relationships, and adapting to market and regulatory changes.

Minimum Requirements:
Bachelor’s Degree or Diploma in Business or a related field.
3 or more years of experience in SME lending.
Experience in additional SME support services is a plus.
Strong credit judgment and the ability to articulate complex credit applications.
Proficiency in financial statement analysis and SME lending practices.
Experience with lending software is preferred.

Duties and Responsibilities:
Credit Decisions and Loan Origination:
Implement loan origination strategies with the lending team.
Review and recommend credit applications within assigned credit limits promptly.
Provide independent, objective reviews and recommendations on credit applications.
Ensure due diligence and adherence to company policies before submitting loan applications to senior management.
Write clear and concise credit memos or announcements to communicate credit perspectives.
Collaborate with Loan Officers to gather necessary information and ensure proper deal structuring.

Monitoring and Collections:
Monitor loans post-disbursement to ensure compliance with guidelines.
Oversee and implement timely collection activities to minimize bad debts.

Reporting:
Prepare regular reports (weekly, monthly, quarterly, semi-annual, annual) on lending activities for senior management.
Generate reports for the Board and external stakeholders as required.

Policy Development and Improvement:
Support Loan Officers in maintaining client and stakeholder satisfaction.
Address and resolve issues escalated by Loan Officers.
Contribute to the development and implementation of SME lending guidelines and policies.
Monitor market conditions and suggest enhancements to existing policies.
Assess regulatory impacts on current policies and make necessary adjustments.
Support strategic projects and process improvement initiatives related to the business.


Please do not apply using Scanned CVs, no supporting documentation is required at this point, this will be requested later.

IMPORTANT: We specialize in specific niche fields. Regret that we are unable to provide assistance for any fields outside of this scope. Fields can be viewed on our website.

Kontak Recruitment Disclaimer:
Equal opportunity: All backgrounds are welcomed, with no bias. All are considered based on requirements.
Job specifics: Requirements mirror advertisement, duties may adjust for client needs.
Fair process: Fair assessment, only shortlisted candidates contacted due to volume.
Privacy: Data processed as per Privacy Policy. By applying, you agree to data handling. We safeguard applicant info.
Candidate verification: Candidates selected by the client are verified. False info may disqualify or end employment via the client.
Offer clarity: Advert is not a binding offer. Written offers based on pre-employment conditions.
No direct link: Advert is not tied to Kontak Recruitment. We assist in the employment process ONLY.
Applicant Responsibility: Upon applying, confirmation of receipt for a specific advert is given. If no confirmation is received, you must verify with Kontak Recruitment.
Kontak Recruitment is a leading recruitment agency, offering comprehensive staffing services for various industries.

Skills Required