Credit Manager: Commercial and Development Banking (FTC - 12 Months) at Land Bank Careers

MAIN PURPOSE OF THE JOB

• The Credit Manager is responsible for the overall applications receivable from Commercial Development and Business Banking (CDBB) portfolio assigned to their defined region as it relates to credit assessment function and credit risk management of new business, existing business and restructured accounts.
• Manage the end to end credit process of Commercial Development and Business Banking clients in order to enable Land Bank to provide sustainable financing to Commercial Development and Business Banking farmers.
• Collectively approve loans and credit limits under delegated authority within the Commercial Credit Committee (CCC) structure and review transactions for recommendation within delegated authority mandate.
• Find innovative credit solutions for Commercial Development and Business Banking clients in order to ensure that credit risks in this target market are adequately assessed, mitigated and controlled.
• Co-ordinate Commercial Credit Committee (CCC) , Credit Adjudication Committee (CAC)  and Pricing Committee meetings; manage committee processes and policies, and act as an information and reference point for the Chairman and other committee members.
• Manage, control and authorise tasks performed by subordinates ( output of the Credit Analysts and Credit Administrators)
• Effectively liaise and communicate with the relevant stakeholders within the Land Bank to action performance gaps and variances in the credit evaluation process.
• Actively provide input in the review and or improvement of the Credit Policy and Procedures in order to enhance and ensure that the legal and business requirements are met.
• Management of the records ( minutes, agendas, decision forms, registers, ratings and declarations) and safe keeping of all CRMC, CCC, CAC and Pricing committee meetings attended

Key Performance Areas    
 Quality Credit Assessment and Credit Risk Management

• Conduct and ensure quality credit assessment of the loan applications in order to conform to the set standards, highlight anomalies and suggest corrective measures in order to enable Land Bank to improve quality of loan book.
• Assess business and financial risk by analysing financial statements of applicants
• Review credit applications for re-advancement of loans taking into consideration past operational/financial performance of
• Identify any deviation from the Account Management Policy and take remedial action.
• Monitor and review emerging issues in the re-advanced loans and take decisions thereon or make recommendations

 Collective mandate to approve loans and credit limits under delegated authority

• Compulsory attendance of meetings by the Credit Manager as a voting member.
• Consider and recommend applications that are mandated to committee for approval, in instances where there is an exception to the approved credit policies
• To implement the Credit Policy.
• Ensure a uniform application of credit policies and processes throughout the Land Bank;
•  Prepare for the meeting including pre-meeting reading of documents circulated prior to the meeting.

Manage and perform the duty of the Committee Secretariat (CAC, CCC and Pricing Committee)

• Co-ordinate Commercial Credit Committee (CCC) , Credit Adjudication Committee (CAC) and Pricing Committee meetings.
• Provide advice to the Chairman and all members on committee policy and processes;
• Capture the record of decision in the relevant form accurately, any declaration of interests made by members and the decision made by the Chairperson with regards to recusal and participation on the matter that was deliberated;
• Ensure Decision forms are signed within 24 hours of a meeting being held;

 Credit Policies and Procedures

• Ensure that the quality and management of the credit portfolio being considered is in accordance with the Credit policies and procedures of the Bank
• Ensure that policies and procedures are in place to manage and control credit risk within the Land Bank;
• Provide inputs to review of the Credit policies based on insights gained through management of the credit application process
• Thorough review of applications with Provincial offices, check adherence to approved credit policies and norms, highlight deviations and suggest corrective action
• Follow up on suggested corrective actions and submit memos for approval to the relevant Credit Committee

Stakeholder Management

• Compile relevant training materials and provide training and guidance to the relevant stakeholders on credit related matters
• Manage and respond to all allocated queries
• Responsible to build and maintain relationships within the allocated region
• Responsible to manage and provide technical support to Provincial Offices in respect of credit tools.
• Responsible to promote a culture of credit risk management with all the relevant stakeholders by optimising and streamlining commercial credit approval work processes to promote efficient turnaround

 Governance, recording keeping and reporting

• Attend to audit findings relating to credit applications for relevant region
• Initiate corrective action based on audit findings and monitor progress and improvements
• Ensure that the relevant management information is captured on SAP so as to prioritize risks
• Ensure that risk controls are in place and control shortcoming

 People Management

Performance Management

• Analyse the business plan to determine the applicable deliverables and targets
• Conduct performance planning session and Track and monitor performance in accordance with performance contracts
• Conduct performance reviews in accordance with policies and procedures and take corrective actions where necessary
• Provide coaching and feedback to employees on how to improve and sustain their performance

Capacity Planning

• Determine the human resource requirements, in accordance with the expected deliverables and current capacity
• Secure the human capital requirements to ensure that deliverables will be met in accordance with the expected targets
• Set and achieve employment equity targets.
• Minimise staff turnover

Preferred Minimum Education and Experience    

• A relevant 3 year qualification (Degree/Diploma e.g. BCom or BTech)
• BSc Agriculture degree could be considered with relevant commercial experience  

5- 8 years Credit management experience which includes:

• Commercial Credit Finance/Business Banking deal structuring
• Structured trade and commodity finance
• Strong Financial and Credit Analysis and Assessment background
• Evaluation of existing business restructure
• Managing turnaround time.

Critical Competencies    

• Advanced Microsoft Office
• Advanced knowledge of risk management principles
• Knowledge / Experience of compliance systems / tools 
• Compliance Management Principles
• Knowledge of Compliance related legislation
• Knowledge of Business and Law Principles

Additional Requirements    

• Travel as and when required
• Extended hours as and when required
• Analytical Credit Skills
• Excellent communication skills both oral and written
• Ability to handle stress successfully
• Interpersonal skills and conflict resolution