Purpose of the job

The purpose of the job role is to assist, develop, monitor and report on the implementation of the Credit Risk Management Framework which includes credit policies, credit committee governance charters, portfolio monitoring and reporting within the organisation, thereby assisting to maintain credit exposures within approved parameters. The job role will further be responsible for the management and oversight all credit committees in the organisation, highlighting non-compliance in areas to mitigate the risk for non-compliance and suggest solutions to ensure compliance.

Key Performance Areas
1. Assist in developing and refining credit risk management policies and governance charters

• Reviews and maintains the credit risk limit / prudential limits in line with the to inform the organisation’s risk appetite
• Reviews and maintains the credit policies for alignment to the Basel principles and IRFS 9 requirement for best practise risk management and governance
• Reviews and maintains the procedure manuals for policy implementation
• Reviews and maintains the credit risk management framework for best practise risk management and governance
• Develops new policies required within the credit value chain of the organisation to enhance risk management and governance

2. Portfolio monitoring of all segments

• Monitors and report business performance in accordance with policies, procedures, legal requirements and against set corporate plan and business targets
• Monitors and report the renewal / review of credit facilities
• Manage reclassification of high-risk accounts based on IFRS 9 stage classification
• Manage and Monitors accounts in breach of covenants and recommend remedial action to be done by PMS
• Monitors accounts within Workout and Restructuring and/or watch list exposures
• Monitors and manage actioning of outstanding collateral as per exception reports generated from the CMS
• Recommends remedial action where there are deficiencies in portfolio management
• Completes monitoring actions within allocated time frames

3. Credit risk assessment monitoring

• Attending credit committee meetings
• Monitors adherence to credit committee charters, DOP, credit policies, processes and procedures
• Highlights any risks associated with a loan application and propose mitigates to protect the interest of the organisation
• Monitors adherence to prudential limits for all exposures within the organisation

4. Portfolio reporting

• Prepares monthly dashboard reports to monitor portfolio trends and performance for EXCO and Board
• Prepares quarterly reports for CROM, EXCO, CIC and the Board to monitor portfolio trends and performance
• Validates all content and quality of reports submitted by business units
• Coordinates CROM activities

5. Manage the Review and Hinde sight of Credit Approvals

• Develop Review and Hinde sight objectives and report to CRO/EM through line
• Develop Review and Hinde sight Annual plans for approval by CRO and EXCO which will ensure adherence credit risk management framework, credit policies and procedures as well as appropriate DOP.
• Ensure timely review reporting
• Provide advisory service to management on credit policy and processes
• Develop or review credit policy and processes to remediate gaps identified from hindsight reports .
• Monitor the loan approval process taking into account the decentralized credit approval mandates across regions or specified region.
• Give recommendations to management and Board where gaps have been identified to improve the control environment.

6. Conduct research

• Initiates research through a pro-activity into trends e.g. implementation of best practice in terms of credit granting, norms and standards
• Receives a request for research, analyse to determine the objectives and outcomes of the research
• Defines the objectives of the research in accordance with the requirements
• Ensures compliance of the request to the organisational control systems
• Determine the research methodology in accordance with the requirements
• Collects the appropriate data utilising all relevant resources
• Analysis the data to determine applicability and utilisation
• Interpret and evaluate the data by means of various analysis techniques and model development
• Analysis the data and present as required
• Produces the research paper in accordance with standards and format containing all the relevant information satisfying the objectives and the outcomes of the research
• Compiles a presentation in accordance with the required format to be utilised in a presentation

Preferred Minimum Education and Experience

• Relevant 3-year tertiary qualification (B Com or similar)
• Postgraduate qualification – relevant to Credit Risk
• 5 years’ experience within credit risk management

Critical Competencies

• Microsoft Office
• Business Acumen
• Risk Management Principles
• Research and Analysis principles
• Written and verbal communication
• Credit granting systems / tools
• Credit granting regulations
• Additional Requirements
  • Travel as and when required
  • Extended hours as and when required