Credit Risk Analyst

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 for CIB Mid-Corporate clients Job Description AVP Credit Risk Analyst: Mid- Corporates (Western Cape) Job Description Risk Management:

• To conduct quality credit risk assessments and reviews and proactively manage credit risks associated with clients across the Mid-corporate portfolio.
• Perform robust financial and non-financial analysis on the client that will support and underpin all new proposals in terms of the client’s credit risk implications.
• Proactively manage the credit risk on the portfolio by completing timely reviews, ensuring securities and conditions are up to date and monitored
• Monitor the client performance on a continuous basis, in addition to performing annual reviews of clients, to ensure early detection of a client's business or operating environment.

Governance and controls:

• Conduct all client risk assessments and portfolio monitoring in compliance with all the relevant governance and policy frameworks.
• Ensure that all covenants are measured and reported during the review or new credit application process
• Ensure that all excesses are monitored, cleared and/or escalated within KPI targets

Data and Systems Management:

• To produce relevant management information and manage exposures including the maintenance of relevant systems.
• Drive RWA efficiencies through ensuring that the data in terms of Default Grades (DG's), Loss Given Defaults (LGD's), limits and review dates are correctly captured on the Bank's credit systems

Business Enablement:

• Provide solution driven support to business to facilitate growth initiatives, whilst maintaining a healthy balance between risk and reward.
• Actively partake and provide input into Deal Forums ensuring that credit risk associated with business opportunities are pro-actively highlighted and managed.

Education Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)
Education Bachelor`s Degrees and Advanced Diplomas: 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