Team Leader Credit Analysis Commerce at Barclays Africa Group Limited

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 Commercial segment, to enhance the decision making process involved in determining the Bank's appetite to extend credit to these clients. To lead, coach and mentor a team of Credit analysts to develop a high performing team.

Key Responsibilities

• Monitor client's performance on a continuous basis for risk indicators and perform formal reviews at specified time intervals to identify any changes in the client's business or operating environment.
• Monitor adherence of covenants and conditions on a continuous basis and discuss any deviations with the Sales team and report to Line Management and Credit if necessary.
• Create and maintain a detailed due diligence record of the client portfolio's, detailing what facilities they have, so that information is readily available for reporting purposes.
• Adhere to ARMS credit requirements as stipulated in the Absa credit policy
• Monitor and report boundary events in terms of the Operational Risk Boundary Events Policy.
• Obtain input from Product Industry Specialist, where appropriate to assist in client solutioning and credit application process.
• Identify the need for a meeting between high risk clients, Credit and Business Support.
• Request updated valuations on properties which serve as security for facilities in line with Absa Credit policies.
• Manage and communicate the risks associated with outstanding collateral to the team.
• Pro-actively identify problematic /high risk clients and advise Credit accordingly, manage them with a view to provide credit input and implement loss preventative measures i.e. EWL Reports and DI500
• Request and manage outstanding Financial Statements as stipulated in the Absa Credit policy.
• Action and manage daily Odex, Referrals, REPL and REPC. Contact clients that are on the referral listing for rectification.
• Explore new, improved and alternative ways of solutioning client credit requirements.
• Adhere to Bank’s credit policies and procedures and ensure that they are fully complied with and that any policy breaches have been suitably addressed and mitigated.
• Adhere to Absa Credit Policy when clearing cheques on client's accounts as requested.
• Provide bank codes and reports on clients, to other financial institutions.
• Pro-actively manage credit risks associated with the portfolio of clients and their related products in South Africa, Africa and globally.
• Manage and drive the deal forum process to ensure quality applications are submitted to the sanctioners with sustainable credit solutions.
• In the event of a client visitation prepare a focused call report.
• Compile reviews, amendments and new applications to the appropriate lending authorities.
• Issue facility letters to clients after reviews have been compiled and new facilities granted.
• Draft and issue letters of reminder when facilities expire according to policy requirements, for example 30, 60 and 90 day letters.
• Maintain thorough, accurate and up to date credit files, which include a set of financials, valuations, credit decisions and all client related communication.
• Contribute to the Non-Interest Income by recovering Manual fees (e.g. Reviews, Excesses, late submissions of debtors, CPF and Res Valuations). to avoid revenue leakages.
• Identify cross sell opportunities from analysis of Client's financials, account conduct and industry change and pass on to Transactional Banker as a lead.
• Act as a contact for the credit related queries and resolve them timeously to ensure exceptional customer service.
• Conduct research on the industry in which the client operates to understand the industries overall profitability, industry trends and client's market standing relative to its competitors.
• Perform robust financial and non-financial analysis on the client that will support and underpin all new proposals in terms of the clients' credit risk implications.
• Obtain clients' historical data for example, its financial statements to forecast the client’s potential growth and sustainability. Conduct a sensitivity/scenario analysis to determine the impact that a change in, for example the economy, political situation, consumer demand will have on the clients’ financial health.
• Based on analysis conducted, structure a solution for the client, that will mitigate potential threats to the client and comply with the Bank's credit lending policies and appetite.
• Be part of the solution by attending sales brain storming sessions with relevant stakeholders, give credit input to mitigate risk on the identified product offering and follow progress on the sales funnel, until the lead is converted into a deal.
• Be an active participant of the Business Unit Manco in order to develop supportive relationships within the unit.
• Expanding and maintaining networks across Product/Sector and Group position yourself and the analyst team favourably.
• Keep abreast of regulatory changes through regular training.
• Monitor available L&D courses to develop your own training whilst helping others in the team to achieve theirs.
• Attend industry and economic forums to broaden your understanding of the industries your portfolio client are trading on to assist in solutioning decisions.
• Demonstrate the willingness and ability to perform to the very best levels to ensure personal alignment to ABSA's values and vision.
• Instil and manage a High Performance team by embedding formal performance development plans, mentoring, coaching and training in line with the HR performance policies and calendar.
• Encourage, influence and build effective and collaborative relationships within your team, cross functional teams, Product & Sector that are mutually beneficial.
• Create and manage a culture of transformation by capturing the value and wisdom in diversity.
• Implement an effective talent management framework within area of responsibility by identifying and nurturing talent.
• Ensure effective Human Capital management from an attraction, development, management and retention perspective.
• Adopt a holistic approach to ways of working within your team by embedding the "One Absa" strategy.
• Create an effective workforce and recruitment demand plans to ensure current and future sustainability.
• Manage the local HR staff files to ensure that there is compliance to HR policy and affect the necessary updates on HR Portal.
• Motivate and inspire team members to perform by ensuring that their efforts are recognised within the available reward and recognition framework.
• Participate in the creation and implementation of Employee Opinion Survey (EOS) actions for the team.

Competencies

• Deciding and initiating action
• Entrepreneurial and commercial thinking
• Persuading and influencing
• Working with people
• Planning and organising
• Writing and reporting
• Analysing
• Leading and supervising

Minimum Requirements

• B Comm. in Commerce/Finance or an NQF Level 7 qualification
• Minimum of 4 – 5 years relevant credit experience.
• At least four (4) years’ experience in reading and interpreting complex company financials and other industry trends.
• At least four (4) years in-depth understanding of credit solutioning – internal networking / credibility
• At least four (4) years’ experience structuring more complex credit solution and guiding the credit process with the relevant parties.
• No criminal record

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