Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise the possibilities on our continent and beyond.
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Liaise with Business Development Officer (BDO) / Relationship Executive (RE), clients and other stakeholders to understand the process or requirements of credit applications for all clients concerned.
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 for commercial asset finance in terms of the clients’ credit risk implications.
Maker use of clients’ historical data for example, its financial statements to forecast the clients 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, etc. will have on the clients’ financial health.
Liaise with RE and BDO consultants / or clients in order to achieve acceptable levels of approved credit facilities.
Accompany RE / BDO Consultants to client visits in order to obtain relevant financial information and understanding for the credit process
Ensure that all of the Bank’s credit policies and philosophy are fully complied with at all times, and that any policy breaches have been suitably addressed and mitigated against.
Ensure adherence to the Absa Business Bank credit Policy and other relevant legislation, for example during the application preparation process.
Minimum Requirements
NQF level no. 6
Essential: 3 Years financial statement analysis in credit environment.
Preferred: Credit Risk Assessment experience
Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)
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