Job Advert Summary
MAIN PURPOSE OF THE JOB
The purpose of the job role is to assist, develop, monitor and report on the implementation of the Credit Risk Management Framework which includes credit policies, credit committee governance charters, portfolio monitoring and reporting within the organisation, thereby assisting to maintain credit exposures within approved parameters. The job role will further be responsible for the management and oversight of all credit committees in the Land Bank, highlighting non-compliance in areas to mitigate the risk for non-compliance and suggest solutions to ensure compliance.
Key Performance Areas
1. Assist in developing and refining credit risk management policies and governance charters
Reviews and maintains the credit risk limit / prudential limits to inform the Bank's risk appetite
Reviews and maintains the credit policies for alignment to the Basel principles and IFRS 9 requirement for best practice risk management and governance
Reviews and maintains the procedure manuals for policy implementation
Reviews and maintains the credit risk management framework for best practice risk management and governance
Develops new policies required within the credit value chain of the Bank to enhance risk management and governance
2. Portfolio monitoring of all segments
Monitors and reports business performance in accordance with policies, procedures, legal requirements and against set corporate plan and business targets
Monitors and reports the renewal / review of credit facilities
Manages reclassification of high-risk accounts based on IFRS 9 stage classification
Manages and monitors accounts in breach of covenants and recommends remedial action to be done by PMS
Monitors accounts within Workout and Restructuring and/or watch list exposures
Monitors and manages actioning of outstanding collateral as per exception reports generated from the CMS
Recommends remedial action where there are deficiencies in portfolio management
Completes monitoring actions within allocated time frames
3. Credit risk assessment monitoring
Attends credit committee meetings
Monitors adherence to credit committee charters, DOP, credit policies, processes, and procedures
Highlights any risks associated with a loan application and proposes mitigates to protect the interest of the Bank
Monitors adherence to prudential limits for all exposures within the Bank
4. Portfolio reporting
Prepares monthly dashboard reports to monitor portfolio trends and performance for EXCO and Board
Prepares quarterly reports for CROM, EXCO, CIC, and the Board to monitor portfolio trends and performance
Validates all content and quality of reports submitted by business units
Coordinates CROM activities
5. Manage the Review and Hindsight of Credit Approvals
Develop Review and Hindsight objectives and report to CRO/EM through line
Develop Review and Hindsight Annual plans for approval by CRO and EXCO to ensure adherence to credit risk management framework, credit policies, and procedures as well as appropriate DOP.
Ensure timely review reporting
Provide advisory service to management on credit policy and processes
Develop or review credit policy and processes to remediate gaps identified from hindsight reports.
Monitor the loan approval process taking into account the decentralized credit approval mandates across regions or specified region.
Give recommendations to management and Board where gaps have been identified to improve the control environment.
6. Conduct research
Initiates research proactively into trends e.g. implementation of best practice in terms of credit granting, norms, and standards
Receives a request for research, analyses to determine the objectives and outcomes of the research
Defines the objectives of the research in accordance with the requirements
Ensures compliance of the request to the organisational control systems
Determines the research methodology in accordance with the requirements
Collects the appropriate data utilising all relevant resources
Analyses the data to determine applicability and utilisation
Interprets and evaluates the data by means of various analysis techniques and model development
Analyses the data and presents as required
Produces the research paper in accordance with standards and format containing all the relevant information satisfying the objectives and outcomes of the research
Compiles a presentation in accordance with the required format to be utilised in a presentation
Preferred Minimum Education and Experience
Relevant 3-year tertiary qualification (B Com or similar)
Postgraduate qualification – relevant to Credit Risk
5 years experience within credit risk management
Critical Competencies
Microsoft Office
Business Acumen
Risk Management Principles
Research and Analysis principles
Written and verbal communication
Credit granting systems/tools
Credit granting regulations
Additional Requirements
Travel as and when required
Extended hours as and when required
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