Exciting Career Opportunity at Absa Bank
POSITION: Corporate Credit Manager
With over 100 years of rich history and a strong position as a local bank with regional and worldwide competence, a job with our family allows you to be a part of this exciting growth adventure, reset our future, and define our destiny as a proudly African corporation.
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Job Summary
- As a part of the Corporate team, you will be the credit expert for nominated Relationship Managers working with a defined portfolio of high-value, complex, and sophisticated customer connections, as well as the conduit to Credit for sanctioning.
- Understanding the demands of your customers allows you to develop practical and acceptable credit solutions (i.e. lending arrangements).
- Deliver high-quality and consistent credit applications while giving suggestions.
- Monitor and govern nominated accounts within designated portfolios; Maintain the integrity of credit reporting in contrast to the core banking system, and update financial data.
- Work together with business colleagues to ensure client satisfaction and high-quality service.
Job Description.
Credit Risk Management
Time split: 60%.
- Assess a customer’s business by analysing the business and credit risks involved with providing the Bank’s goods and services to the customer.
- Create high-quality credit solutions to receive quick credit approval from credit teams.
- Become the joint contact for credit management for accountants, attorneys, and other professionals.
- Prepare high-quality credit applications with paper attachments for recommendation to the Sanctioner (the ultimate approval authority).
- Responsible for managing the financial information generated by customers.
- Monitor and control portfolio quality by employing ‘Condition of Sanction’ triggers whenever possible and in compliance with company standards and procedures. –
- Discussing trigger events with the Sanctioner and alerting the Relationship Manager
Business Risk
Time split: 20%.
- Work in collaboration with Relationship Managers on new and existing credit applications, providing recommendations on credit appetite and conferring with the
- Credit team as needed.
- Deliver services under agreed-upon company needs.
- Collaborate with teammates to anticipate, respond to, and exceed consumer expectations.
- Attend customer meetings with the Relationship Manager if credit-related issues need to be discussed and resolved.
- Proactively participate in implementing agreed-upon change management activities in support of process and quality improvements, and cost reductions.
- Contribute to industry focus as chosen by Corporate and Credit departments
Team Working
Time Split: 10%.
- Establish and maintain close working relationships with Relationship Managers and Credit Managers.
Risk and Control
Time Split: 10%
- Ensure that all operations and obligations are carried out in full conformity with regulatory requirements, the enterprise-wide risk management framework, and internal
- Absa policies and policy standards.
- Understand and manage role-specific risks and risk occurrences (incidents).
Education
- Bachelor’s Degrees and Advanced Diplomas in Business, Commerce, and Management (Required)
How to Apply for this Career Opportunity at Absa Bank
Closing Date: July 25, 2024
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