Principal: Credit & Market Risk Monitoring at Development Bank of Southern Africa (DBSA)

Key Responsibilities

Credit Risk Monitoring Function

• In collaboration with the GM: Risk and the Chief Risk Officer, set the strategic direction for the DBSA approach to credit risk.
• Assist in the facilitation of capacity and systems throughout the DBSA to identify risk at source, in particular for the measurement and management of credit and investment risk
• Assist in developing and implementing policies and strategies for managing risk across DBSA lending and investment portfolios.
• Providing independent oversight of credit function within the Financing Operations area
• Ownership and monitoring of prudential risk measures Risk KRI's
• Market Risk Monitoring Function
• Assist the GM: Risk and GM: Treasury in setting the strategic direction for the DBSA's approach to market risk
• Assist in the facilitation of capacity and systems throughout the DBSA to identify risk at source, in particular for the measurement and management of market risk
• Assist in developing and implementing policies and strategies for managing market risk with the DBSA

Ensure management of credit risk by:

• Developing and maintaining frameworks and processes for lending and credit approval
• Managing and control of the organisational risk appetite process
• Monitoring credit risks at an enterprise wide level including counterparty risks, sector risks, default risk and concentration risk
• Developing, monitoring and reviewing credit and investment risk policies
• Contributing tthe development, monitoring and reviewing of the risk appetite statement for DBSA
• Reporting on credit and investment risk exposures tthe Chief Risk Officer, EXCO, CEand Board
• Unblocking any issues/roadblocks that rise between Lending and Risk; escalating tthe GM: Risk and Chief Risk Officer if necessary
• Managing Investment Committee meetings and processes
• Performing a key analytical role in the assessment of the adequacy of provisions proposed by management

Ensure management of market risk by:

• Developing, monitoring and reviewing market risk policies
• Reporting on counterparty credit risk exposures to the ALCO, IC and Board
• Unblocking any issues/roadblocks that rise between Treasury and Risk
• Being a member of both the Operational ALCO and Strategic ALCO
• Providing independent oversight over market risk management within the Treasury Function of the Bank
• Treasury Risk MIS
• Credit Management of market risk counterparties
• Market Risk Reporting
• Independent monitoring & escalation

Management Function

• Serve as a member of ALCO and Investment Committee; and any other risk committees where risk input is required
• Provide direction and management to the direct reports to ensure they execute the cluster strategy and manage their portfolios effectively
• Ensure that there are sufficient execution capabilities within the Cluster through mentoring and escalation
• Prepare appropriate reports for CRO, ALCO, IC, BCIC and ARC for information and decision making purposes
• Entrench the practice of effective Performance Management
• Accountable for Risk policy management

Key Measures

• Performance against agreed Risk targets
• Management of performance outputs of staff using the performance management system and taking corrective action promptly and effectively
• Management of Client Relationships and key Stakeholders
• Management of Cluster Budget including operational expenses
• Reporting effectiveness and process efficiency measures
• MIS Reporting

Expertise & Technical Competencies

• Minimum relevant Post-Graduate qualification or equivalent
• Minimum 8 years experience in the Credit & Market Risk Monnitoring environment
• Ability to understand and interpret corporate vision and strategy
• Strong credit and liquidity risks understanding
• Deep understanding of impact of external factors (e.g. economy) on risk of DBSA portfolio and potential deals
• Deep understanding of South African and other relevant regulations
• Ability to create effective and practicable frameworks
• Understanding of key financial markets
• Knowledge of market risk dynamics
• Understanding of competitors' offerings
• Strong management skills at a Senior Management level
• Ability to conduct assessments and organisational impacts
• Problem solving and risk solutioning
• Understanding of transactions structuring and risk assessment thereof

TECHNICAL COMPETENCIES

Negotiations

• Understands and can apply basic negotiating skills and techniques, e.g. obtaining a full understanding of the other party's agenda and needs before disclosing own perspectives.
• Possesses an understanding of various unspoken communications from other parties and can decipher hidden agendas
• Is able to successfully conclude negotiations which require the development of an emotional as well as factual argument
• Is able to develop mutually-beneficial potential solutions

Financial Analysis

• Interprets, analyzes and/or evaluates compliance with applicable legislation, sound regulatory practices and procedures, generally accepted accounting principles, and other such rules and regulations.
• Analyzes or interprets financial records and develops program procedures, financial models and databases.
• Demonstrates a thorough knowledge and understanding of applicable regulations, rules, entity/company practices, concepts, and industry issues.
• Demonstrates a thorough knowledge or experience working with legal and regulatory issues in their subject area
• Develops and maintains effective working relationships with regulated industries, government officials, administrators, and civic leaders.

Financial Acumen

• Makes sound financial decisions after having analysed their impacts on the organisation, partner agencies, and community.
• Effectively prepares budgetary submissions and forecasts for own department.
• Knows the internal and external factors that impact on resource and asset availability.
• Is able to interpret management account reports in an operational/commercial context and take action as appropriate to maximize revenues and control costs.

Business Acumen

• Thinks and plans in future-oriented terms.
• Develops annual business plans that take into account longer-term activities, issues, problems or opportunities.
• Develops and establishes broad scale, longer-term objectives, goals or projects (e.g., affecting a business, department, or organisation).

Commercial Business Acumen

• Is capable of analysing commercial situations, developing options and making recommendations
• Monitors the economic environment and continuously seeks opportunities for economic policy and legislation improvement to ensure ease of doing business in South Africa.
• Actively monitors the South African business environment to ensure promotion of fair competition, the protection of consumer interests, effective trade and investment, etc.
• Understands South African business community issues/challenges and can build win-win relationships with them
• Envisions, creates and facilitates connections to develop and enhance partnerships, alliances and networks that advance shared interest