Job Description

Job Summary This is a fixed term contract for 09 months. Responsible for Credit and investment risk assessments within the organisation through: xc2xa2 Processing of credit proposals, compilation of autonomous Credit Submission Reports that form part of the funding applications disseminated to Credit Committees. xc2xa2 Preparation of assessments that include thorough and rigorous testing of the base case assumptions provided by the client or client facing teams and provide the necessary independent attestation on the merits of the business case. xc2xa2 Where necessitated, requesting amendments to proposed terms such as gearing/leverage requirements, default covenants, cash sweep mechanisms, as well as tenor increase/decreases. xc2xa2 Being able to address issues within the disciplines of the credit management cycle, including ensuring that annual reviews are undertaken at least annually by CSG, and risk grades updated and pro-actively assisting clients ahead of distress, improving the portfolio credit quality and avoiding concentrations, thereby improving earnings and growth to ensure the integrity of the organisation portfolio and instill an effective and appropriate risk management culture Qualifications xc2xa2 xc3x82 xc3x82 CA / B Com degree (or equivalent) post graduate qualification. xc2xa2 xc3x82 xc3x82 MBA would be an added advantage Knowledge and skills: xc2xa2 xc3x82 xc3x82 8 to 10 years relevant experience in a financial institution,xc3x82 xc2xa2 xc3x82 xc3x82 Knowledge and understanding of credit risk and any associated risks prevalent in the financing of transactions/projects. xc2xa2 xc3x82 xc3x82 Portfolio management experience will be an advantage xc2xa2 xc3x82 xc3x82 Experience working in a high-level collaborative environment xc2xa2 xc3x82 xc3x82 Ability to manage multiple competing priorities while building effective relationships xc2xa2 xc3x82 xc3x82 Extremely organized and persistent, with drive and determination to achieve goals xc2xa2 xc3x82 xc3x82 Provision of independent credit investment assessments and evaluation on credit submissions to approval committees; exercise credit judgment; and make sound credit recommendations within stipulated Service Level Agreement. xc2xa2 xc3x82 xc3x82 Seek to obtain/enhance collateral to reduce the impact of loss given specific default (xc5x93LGDxc2x9d).xc3x82 xc2xa2 xc3x82 xc3x82 Ensure adherence to credit policies and procedures as well as team alignment to the Credit Risk Appetite Strategy, taking into account group counterparty concentration guidelines;xc3x82 xc2xa2 xc3x82 xc3x82 Responsible for the final sign-off of all risk ratings within the organisation, including accountability for a consistent rating approach for all entities and application of overrides, xc2xa2 xc3x82 xc3x82 Provide appropriate guidance and support during Deal Development Forums (DDF) and act as a sounding board throughout the credit process; xc2xa2 xc3x82 xc3x82 Performing risk grading of Business Partners through application of in-house credit risk tools and models and give constructive view on the output; xc2xa2 xc3x82 xc3x82 Provide an approach that is reasoned, impartial and encourages participation and challenge to analysis and credit risk mitigation proposals accountability for the pricing of all deals and investments xc2xa2 xc3x82 xc3x82 Position submissions at the relevant sanctioning committee and respond to questions; xc2xa2 xc3x82 xc3x82 Provide support, guidance and a consistent approach and interpretation of credit and investment principles across the full credit cycle (cradle to grave), xc3x82 xc2xa2 xc3x82 xc3x82 Provide an approach that is reasoned, impartial and encourages participation and challenge to their analysis and credit risk mitigation proposals accountability for the pricing of all deals and investments;xc3x82 xc2xa2 xc3x82 xc3x82 Responsible for independent evaluation of annual credit reviews and provide oversight to ensure these are undertaken aligned with requirements (at least annually) and provide guidance to teams on matters to be followed up and incorporated in the further design and origination of credit and/or investment proposals;xc3x82 xc2xa2 xc3x82 xc3x82 Ensure breaches/ potential breaches and/ or exceptions, are timeously addressed and propose, with the Legal, such relevant powers of enforcement as appropriate to fully protect the interests of the organisation;xc3x82 xc2xa2 xc3x82 xc3x82 Partner CSG in the monitoring and restructuring efforts for distressed and work-out clients and in determining and agreeing appropriate credit strategies for clients prior submission to the relevant credit approval authority; xc2xa2 xc3x82 xc3x82 In collaboration with Legal department seek for the adoption of a consistent approach in the drafting of standardized finance documentation across Group Counterparties as appropriate to ensure consistency of credit terms; xc3x82 xc2xa2 xc3x82 xc3x82 Assist origination in ensuring, prior facility draw-down, that all key and specific credit conditions, such as default ratios, re-pricing terms, information provision conditions, etc, are correctly and clearly documented and properly defined in the relevant facility agreements;xc3x82 xc2xa2 xc3x82 xc3x82 Standing Invitee and participant at Investment Monitoring Committee and Portfolio Monitoring Technical Committee and any other portfolio monitoring forums as established by the Corporation from time to time, which would include the management of early distress, watchlist and non-performing clients xc2xa2 xc3x82 xc3x82 Oversight on the Collateral Management process, ensure that collateral is maintained and managed in accordance with the organisation Credit Policy and Collateral Valuation Guidelines and ensure that the support of Credit is obtained prior to any release or amendment of collateral terms; xc2xa2 xc3x82 xc3x82 Partner with Risk Governance and Portfolio Management to provide insights on client conduct and lessons learnt when required. xc2xa2 xc3x82 xc3x82 Formulate tools and systems to better service the portfolio; xc2xa2 xc3x82 xc3x82 Facilitate constructive working relations and healthy working morale with internal stakeholders; xc2xa2 xc3x82 xc3x82 Providing constructive input to the development and enhancing of credit policies and procedures; xc2xa2 xc3x82 xc3x82 Ensure on-going compliance with Credit Policy and other relevant regulatory requirements; xc2xa2 xc3x82 xc3x82 Project risks identification and mitigation including the development of a Project risk matrix in conjunction with the relevant SBUsTalentCruRecruiter

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