Manager Credit Risk Sandton

Details of the offer

Credit Risk ManagerReference: HC002961-Pales-1One of the leading global banks is looking for a Credit Risk Manager. The bank provides a wide range of financial services to its customers globally, supporting international trade, investment, and financial needs. Through its overseas operations, they offer services such as corporate banking, retail banking, trade finance, and treasury operations to clients across different regions, including Asia, Europe, North America, Oceania, and Africa.This global footprint underscores their position as one of the world's largest and most influential banks.This position is responsible for analyzing credit applications made by the corporate banking and treasury departments, including risk review of internal credit ratings and post-loan management reports. In addition, ensuring compliance with the credit policy and related credit policies of the bank and to provide training on the aforementioned as well as annual review and amendments to align with Group requirements.Duties & ResponsibilitiesKey Performance Indicators for this KPAReview credit Limit and transaction application and provide risk review opinionsReview credit rating applications and provide credit rating validationsAdminister the Drawdown Centre process and procedureEnsure the above complies with internal policies and procedure manualsEnsure policy compliance- Monitor counterparty and industry concentration risk- Monitor credit limit expiry and credit limit renewal- Monitor the monthly post lending reporting and issue risk review opinion- Monitor annual review of loans and advances- Monitor internal credit rating validity and credit rating renewal- Monitor covenant compliance and adherence to legal agreements- Monitor the risk classifications of loans and advancesOn-going post lending monitoring- Identify and evaluate significant increases in credit risk- Measure the impact of adverse news, ESG risk, RAD triggers on assets / counterparties- Trigger loan / asset risk classifications reviews- Make risk-based recommendations for the various committeeMonitor Past Dues, Non-performing assets and report on the write off process of loans and advancesTo be responsible for credit administrative functions for example confirmations for new drawdowns (and roll-overs) and covenant monitoringCooperate and collaborate with Front Office Departments to obtain condonations for breaches of any policy requirementsMaintain the credit limit and credit rating expiry monitoring toolMaintain the annual post lending monitoring tool and ensure annual reports are completedTake responsibility for reminding Front Office Departments to follow up on exposures in excessCooperate and collaborate with Front Office Departments on roll-overs of interest period on loans and advances are conductedRequirements and Non-negotiablesBCom Degree in Finance, Economics or related field **Essential**Banking/Financial Services 3-4 years experienceCredit/Business Analyses 3-4 years experienceRisk 3-4 years experienceAnalysis of financial statementsAnalysis of credit applications (corporate clients)Compile credit assessment reportsGeneral understanding of the function of a bankRegulations relating to BanksAnalytical and attention to detailExcellent Communication (Written and verbal)MUST come from banking environment
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