Head of Credit

Policy and Processes:

• Participate and support the achievement of the business strategy, objectives and values which includes reviewing the bank’s strategic plan and recommending ways to improve systems, processes, and services.
• Identify opportunities to improve business processes and systems, adding value to the Bank.
• Adapt to changes in legislation and redesign policies and processes where applicable.

Lending and Portfolio Monitoring:

• Accountability for the overall portfolio quality including minimizing risks, growing assets and enhancing revenues.
• Create a climate that enhances client satisfaction which includes understanding the client’s business needs to provide solutions that are unique and prompt. This may sometimes require meetings with clients.
• Setting suitable credit standards within the Bank.
• Provide high level direction and support to departmental managers in respect of lending.
• Ensure that an in-depth credit analysis in respect of both new credit requests and renewals of facilities.
• This includes the validation of information and assessing serviceability and feasibility.
• Oversee preparation and safe keeping of security documents.
• Recommend/support credit applications at the various Credit Approval Committees.
• Ensure timely delivery of all regulatory, group and head office reporting.
• Continuously monitor compliance with regulations and policies.
• Ensure that insurance values and property valuations are updated.
• Monitor non-performing loans and recovery strategies, ensure compliance with classification standards and provisioning requirements, and oversee legal matters including correspondence with attorneys.

Management:

• Create a climate that delivers world class service by encouraging a client-centric culture.
• Develop a capable high-performing team through feedback, coaching, mentoring and training.
• Implement performance standards with goals and objectives, ensuring a clear vision for the team as a whole and alignment with the Bank’s vision, values and strategy.
• Motivate employees to achieve their full potential, recognising and rewarding achievements.
• Manage and resolve issues as they arise by following the appropriate channels.

Credit Committee:

• Prepare and present the Bank’s portfolio quality at the various Credit and Risk Committees
• Represents Credit Risk in the Country Credit Committee at a Group level.

Audit:

• Mitigate credit related risks and liaise with Auditors as needed, addressing findings if applicable.

• BCom degree with majors in Accounting and Auditing, plus a relevant postgraduate qualification; Chartered Accountant qualification preferred.
• At least 10 years’ relevant senior-level experience managing a credit portfolio and team in a commercial banking environment.
• Relevant professional certifications and memberships.

Salary - R1.6m p/a (Negotiable) + Benefits

If you are interested can send through your CV & qualifications to ***email_hidden***