Regional Manager Credit Lending at Absa Group Limited (Absa)

Job Description

• Lead, mentor, and develop a team of Credit Officers, ensuring high levels of performance and engagement.
• Set performance goals and conduct regular performance reviews.
• Provide training and development opportunities to enhance the team's skills and knowledge.

Home Loan Assessments:

• Oversee the team's assessments of home loan applications for individuals and entities.
• Ensure the evaluation of creditworthiness, financial stability, and risk associated with each application is thorough and accurate.
• Guarantee compliance with regulatory requirements and internal policies across all assessments.

Stakeholder Engagement:

• Foster and maintain strong relationships with key internal and external stakeholders.
• Support the team in providing guidance and support to stakeholders throughout the application process.
• Serve as the primary point of contact for escalations and complex cases.

Volume Management:

• Oversee the management of high volumes of home loan applications to ensure efficient processing.
• Implement and monitor streamlined processes to enhance efficiency and maintain service levels.
• Prioritize tasks and allocate resources effectively to meet deadlines.

Decision Making:

• Support the team in making informed and well-supported credit decisions.
• Utilize credit scoring models and risk assessment tools to guide decision-making.
• Review and approve recommendations and justifications for credit approvals or declines.

Risk Management:

• Identify and address potential risks associated with home loan applications.
• Ensure the team adheres to risk management protocols and industry best practices.
• Stay informed about industry trends and regulatory changes affecting credit risk and adjust strategies accordingly.

Compliance:

• Ensure strict adherence to regulatory requirements and internal compliance policies within the team.
• Keep the team informed about changes in legislation impacting home loan assessments.
• Conduct regular audits and reviews to ensure compliance standards are met.

Reporting:

• Generate, analyze, and present reports related to home loan applications and credit decisions.
• Provide insights into key performance indicators, trends, and areas for improvement.
• Use data-driven insights to inform strategic decisions and drive continuous improvement.

Qualifications and Skills:

• Bachelor’s degree (NQF7 preferred) in Accounting, Economics, Banking and Finance, or a relevant field.
• Minimum of 5 years of credit experience, with at least 3 years in home loans.
• Proven experience in credit assessments and risk management.
• Excellent analytical, decision-making, and problem-solving skills.
• Strong communication and interpersonal skills.
• Ability to work under pressure and manage competing priorities.
• Proficiency in using credit scoring models, risk assessment tools, and relevant software and technology platforms.
• Clear credit bureau record and demonstrated responsible personal financial management.