MAIN PURPOSE OF THE JOBThe Credit Manager is responsible for the overall applications Commercial Banking and Transformation (CBT) assigned to their defined region as it relates to credit assessment function and credit risk management of new business, existing business and restructured accounts.Manage the end to end credit process of Commerical Banking and Transformation (CBT) Banking clients in order to enable Bank to provide sustainable financing to farmers.Collectively approve loans and credit limits under delegated authority within the Regional Credit Committee (RCC), and review transactions for recommendation within delegated authority mandate.Review and present proposal to Credit Investment Committee (CIC) and full board.Find innovative credit solutions for Commerical Banking and Transformation (CBT) clients in order to ensure that credit risks in this target market are adequately assessed, mitigated and controlled.Co-ordinate Regional Credit Committee (RCC), Provincial Credit Committee (PCC) and Pricing Committee meetings;Manage committee processes and adherence to set policies, and act as an information and reference point for the Chairman and other committee members.Manage, control and authorise tasks performed by the Credit Analysts and Credit Administrators.Effectively liaise and communicate with the relevant stakeholders within the Bank to action performance gaps and variances in the credit proposals.Actively provide input in the review and or improvement of the Credit Policy and Procedures in order to enhance and ensure that the legal and business requirements are met.Key Performance Areas 1.
Quality Credit Assessment and Credit Risk ManagementEnsure that all relevant information and documentation has been received from the relevant stakeholders and has all credit related matters addressed.Assess business and financial risk by analysing financial statements of applicantsResearch and assess the industry in which the business is associated and assess the potential risk of granting the loanProvide technical support to the Credit Analysts & the relevant stakeholders with respect to new loan applicationsReview credit applications for re-advancement of loans taking into consideration past operational and financial performance of applicants.Identify any deviation from the Account Management Policy and take remedial action.2.
Collective mandate to approve loans and credit limits under delegated authorityCompulsory attendance of meetings by the Credit Manager as a voting member.Consider and recommend applications that are mandated to committee for approval, in instances where there is an exception to the approved credit policiesEnsure a uniform application of credit policies and processes throughout the Bank;Ensure that approval of credit applications are consistent and in accordance with approved credit policies and acceptable credit risk profiles.Prepare for the meeting including pre-meeting reading of documents circulated prior to the meeting.3.
Manage and perform the duty of the Committee Secretariat (RCC, PCC and Pricing Committee)Co-ordinate Regional Credit Committee (RCC), Provincial Credit Committee (PCC) and Pricing Committee meetings.Manage committee processes and policies, and act as an information and reference point for the Chairman and other committee members;Provide Committee members advice to the Chairman all set policies, norms and processes;Ensure Decision forms are signed within 24 hours of a meeting being held;Document the decision of the committee for each matter that has been considered by the committee and ensure all members sign the decision recordResponsible for meeting agenda and logistics4.
Credit Policies and ProceduresEnsure that the quality and management of the credit portfolio being considered is in accordance with the Credit policies and procedures of the BankEnsure that policies and procedures are in place to manage and control credit risk within the Bank;Identify gaps and relevance within agricultural norms as noted in the evaluation policy to make recommendations for CBT Credit policy changes.Provide inputs to review of the Credit policies based on insights gained through management of the credit application processThorough review of applications with Provincial offices, check adherence to approved credit policies and norms, highlight deviations and suggest corrective actionFollow up on suggested corrective actions and submit memos for approval to the relevant Credit Committee5.
Stakeholder ManagementCBT, Legal, AEA, PFMU (Partnerships)Compile relevant training materials and provide training and guidance to the relevant stakeholders on credit related mattersManage and respond to all allocated queriesResponsible to build and maintain relationships within the allocated regionResponsible to manage and provide technical support to Provincial Office in respect of credit tools.Visit branches as required to provide guidance, advice and feedback in terms of credit loan applications.Visit clients as required to assess viability and sustainability of the business prior to compilation of an application.Advisory service in structuring of deals to mitigate for identified risksAssist in projects running within a certain period.6.
Governance, recording keeping and reportingAttend to audit findings relating to credit applications for relevant regionInitiate corrective action based on audit findings and monitor progress and improvementsThe following are matters that should be escalated and /or reported to the ECC monthly or more regularly if required:Status of portfolio and performance against targets;A summary of transactions approved by the committee;7.
People ManagementPerformance ManagementCapacity PlanningPreferred Minimum Education and ExperienceA relevant 3 year qualification (Degree/Diploma e.g.
BCom or BTech)BSc Agriculture degree prefereable with relevant Agric credit experienceCredit management experience which includes: 5 – 8 YearsCommercial Credit Finance/Business Banking deal structuringStructured trade and commodity financeStrong Financial and Credit Analysis and Assessment backgroundEvaluation of existing business restructureManaging turnaround time.Critical CompetenciesAdvanced Microsoft OfficeAdvanced knowledge of risk management principlesKnowledge / Experience of compliance systems / toolsCompliance Management PrinciplesKnowledge of Compliance related legislationKnowledge of Business and Law PrinciplesAdditional RequirementsTravel as and when requiredExtended hours as and when requiredAbility to handle stress successfullyInterpersonal skills and conflict resolutionAbility to work as a team