Posted 22 September 2020 - Closing Date 29 September 2020 Share this vacancy on Facebook Share this vacancy on LinkedIn Share this vacancy on Twitter Department Department of Finance Minimum experience Mid-Senior Company primary industry Financial Services Job functional area Finance Salary R450 000 - R600 000 per annum EE Status Only open to EE candidates Job Description IntroductionA banking institution in JHB North is looking for a Senior Credit Risk ManagerPurpose of the RoleTo apply credit risk management principles and manage staff in order to minimize risk and impairment charges and to provide client services in support of the company strategies.Key Responsibilities:Manage reports through early actioning of exceptions.Manage and rehabilitate clients by getting backward roll on arrearsIdentify systems and process improvement initiatives by escalating for decisions to relevant stakeholders. Make correct credit decisions on a consistent basis first time round by complying to service level agreements.Demonstrate an understanding of client needs by providing feedback on application decisions based on the company’s risk appetite.Upskill stakeholders by sharing knowledge on service offerings and client needs.Guide and support internal stakeholders through formal or informal knowledge sharing.Collaborate with external stakeholders through regular communication and feedback. Action reports by monitoring, distributing and collating information.Manage and support direct reports by providing advice on strategies and/or deliverables.Utilize resources by allocating according to business needs.Analyse client information to assess level of risk by interpreting financial information within the ambit of banking regulations.Resolve work challenges by initiating action plans in accordance with policies and procedures.Contribute to policy, procedures and standards enhancement by providing input/suggestions.Support the achievement of the business strategy, objectives and values by reviewing the company and Business Unit Plan and ensuring delivered systems, process, services and solutions are aligned.Identify training courses and career progression for self through input and feedback from management.Ensure all personal development plan activities are completed within specified timeframe.Share knowledge and industry trends with team and stakeholders during formal and informal interaction.Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.Contribute to a culture conducive to the achievement of transformation goals by participating in the company Culture building initiatives (e.g. staff surveys etc.)Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to the company.Minimum experience & qualifications required5 -8 years credit or credit risk experience in a banking environment.3 years management of people experienceMatric / Grade 12 / National Senior CertificateDiplomaB.Tech in Credit Management or B.Comm or studying towards a degree in Finance, Banking or CommerceFAIS AffiliatedBehavioural skills requiredDriving for ResultsDecision MakingPlanning and OrganizingAligning Performance for SuccessBuilding Trusting RelationshipsBuilding PartnershipsType of ExposureDeveloping ways to minimise risksAnalysing and interpreting qualitative and quantitative dataInteracting with various levels of managementManaging conflict situationsInfluencing stakeholders to obtain buy-in for concepts and ideas.Sharing information in different ways to increase stakeholders understanding.Brainstorming ways of improving a product or situation.Challenging the status quo with a view to improving the environment or people's understandingIdentifying trendsUsing different approaches in new work situationsTechnical / Professional KnowledgeData analysisGovernance, Risk and ControlsIndustry trendsPrinciples of financial managementRelevant regulatory knowledgeWorking with a group to identify alternative solutions to a problemBuilding and maintaining effective relationships with internal and external stakeholdersAnalysing and interpreting quantitative and qualitative dataRelevant the company policies and proceduresBanking knowledge
