Credit Premium Analyst (Business Bank) Port Elizabeth

Job description

The purpose of the role is to conduct an in-depth, specialised and quality credit assessment and risk analysis on potential and existing Premium as well as Agri portfolio, to enhance the decision making process involved in determining the Bank's appetite to extend credit to these clients

Key responsibilities

· Monitor clients' performance for risk indicators and perform formal reviews

· Monitor adherence of covenants and conditions and discuss deviations

· Create and maintain a detailed due diligence record of the client portfolio's

· Adhere to ARMS credit requirements

· Obtain input to assist in client solutioning and credit application process

· Request updated valuations on properties which serve as security for facilities

· Manage and communicate the risks associated with outstanding securities

· Identify problematic or high risk clients and advise Credit accordingly

· Request and manage outstanding Financial Statements

· Explore new, improved and alternative ways of solutioning client credit requirements

· Adhere to Bank's credit policies and procedures

· Manage and drive deal forum process to ensure quality applications are submitted

· Issue facility letters to clients after reviews have been compiled and new facilities granted

· Maintain accurate and up to date credit files and all client related communication

· Identify cross sell opportunities

· Act as a contact for the credit related queries and resolve them timeously

Competencies

· Working with people

· Persuading and influencing

· Writing and reporting

· Applying expertise and technology

· Analysing

· Planning and organising

· Entrepreneurial and commercial thinking

General

The appointment will be made in line with the Absa Employment Equity strategy

Desired profile

· B Degree in Accounting, Commerce or Finance or equivalent NQF level 6 or higher qualification

· Two (2) years experience in a credit environment dealing with Premium and Agri clients

· Two (2) years experience in reading and interpreting company financials and other industry trends

· Two (2) years experience in structuring credit solutions and guiding the credit process with the relevant parties

· Experience in credit solutioning

· Proficient in MS Office (Word, Excel, PowerPoint and Outlook) and the Internet

· No criminal record

Preferred requirements

· Post graduate qualification in Accounting, Commercial or Finance

· CAIB Credit Diploma

· Preference will be given to South African Citizens and Permanent residents of South Africa with proof of permanent resident status