Specialist - Credit Analyst Growth Business Apply remote type: Hybrid
Locations: Polokwane
Time type: Full time
Posted on: Posted 6 Days Ago
Time left to apply: End Date: December 14, 2024 (2 days left to apply)
Job requisition id: R-15968551
Empowering Africa's tomorrow, together…one story at a time. With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary To support the credit risk process through carrying out comprehensive and quality credit risk functions within the credit lifecycle to create shared growth within the boundaries of internal policies and external regulations for Growth Business clients.
Job Description The purpose of the role is to conduct an in-depth, specialised and quality credit assessment and risk analysis on potential and a High Value Portfolio, to enhance the decision-making process involved in determining the Bank's appetite to extend credit to these clients. This includes financial analysis, interpretation, and capturing of client information (company financial statements) and qualitative data.
Responsibilities: Risk Management: Conduct quality credit risk assessments and reviews, proactively manage credit risks associated with clients, develop data-driven strategies, and facilitate the credit sanctioning process. Data and Systems Management: Produce and analyse relevant management information and insights management. Governance: Ensure adherence to the bank's credit philosophy and all relevant legislation. Customer Management: Investigate and resolve all escalated customer complaints. Credit Management:
Explore new, improved, and alternative ways of solutioning client credit requirements.
Adhere to the Bank's credit policies and procedures and ensure compliance. Compile reviews, amendments, and new applications to the appropriate lending authorities. Issue facility letters to clients after reviews have been compiled and new facilities granted. Draft and issue letters of reminder when facilities expire according to policy requirements. Contribute to Non-Interest Income by ensuring recovery of manual fees to avoid revenue leakages. Spread client's financials on various Credit Risk Grading models. Provide the Default Grading (DG) output from the Credit Risk models. Capture all information on the various risk grading models accurately. Education: Bachelor's Degrees and Advanced Diplomas in Business, Commerce, and Management Studies (Required).
Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank. Absa Bank Limited reserves the right not to make an appointment to the post as advertised. About Us Absa Group Limited ("Absa Group") is listed on the Johannesburg Stock Exchange and is one of Africa's largest diversified financial services groups.
Absa Group offers an integrated set of products and services across personal and business banking, corporate and investment banking, wealth and investment management, and insurance.
Absa Group owns majority stakes in banks across various African countries and has insurance operations in several others.
#J-18808-Ljbffr