Overview
Credit Analyst: Commercial Banking & Transformation ( Nelspruit ) Jobs in Nelspruit at Land Bank Careers
Job Advert Summary
(Land Bank) is South Africa’s only specialist agricultural bank established in 1912, the bank’s sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach. These services enable farmers to finance land, equipment, improve assets and obtain production credit. The Land Bank provides financial services that have moved with the times and continues to provide services to agri-business and constantly reviews its offerings to ensure that they match the needs of an industry. As change has swept across the sector in South Africa the socio-economic makeup of agriculture has altered, bringing new entrants from historically disadvantaged backgrounds on to the land, these new farmers, facing the challenges of establishing sustainable agri-businesses across the agricultural value chain, Land Bank has been a commercial lifeline offering appropriately designed financial products that facilitate personal and commercial viability in a sector that is vital to the sustainability of South Africa and its people.
MAIN PURPOSE OF THE JOB
Carry out quality credit assessment, present bankable solutions and manage the credit risk of a portfolio of clients in the Agri-business value chain in the designated regional Office.
To manage and perform quality credit analysis; financial analysis, including data collection, trend analysis, peer comparisons and industry overview to ensure good quality credit submissions to Credit Managers and Credit Committees for the allocated portfolio i.e. Commercial and Transformation Credit applications and mitigate any potential risk on behalf of the Land Bank and recommend bankable solutions in accordance with approved Credit Policy, norms and the delegated level of power. Responsible for maintain the portfolio including conducting annual credit reviews on existing portfolio, and re-advancing of production loans and revolving loans within assigned DOP and as when required by management.
Key Performance Areas
1. Credit Assessment and Risk Management
Carry out full credit assessments within allocated portfolio through credit submissions, financial analysis, reviews, re-advancing loans, collateral analysis, approval conditions tracking and risk management.
Check the credit submission for completeness, including accompanying documents in terms of the approved loan guidelines.
Ensure that all relevant information and documentation has been received from the operations as per the agreed checklist
Follow up with the Provincial officees to ensure that all supporting documentation is complete
Ensure that loan applications conform to the set standards, highlight anomalies and suggest corrective measures
Align products to the purpose of the loan and the Credit Policy to suite customer’s needs
Co-ordination of PCC and RCC setting up of agenda(s) for application(s) to be heard
Reporting stats of application(s) processed for allocated region(s)
2. Stakeholder Relationship Management and Team Support
Build relationships with all the relevant stakeholders to ensure understanding of requirements and addressing any credit related issues
Respond to queries received from the Provincial office operations and the relevant Credit Committee
Promote a culture of credit risk management at Provincial office level.
Provide guidance and training to operations on credit related matters
Adhering to legislative requirements
Pro-actively develop self with regards to other / new products in the Land Bank
Manage own career and personal developments
Demonstrate behaviour that is aligned to the Land Bank values
May be required to represent Credit on projects as assigned by management
Research, compliance training, maintain stakeholder relationship management and team support
3. General Administration and Audit Matters
Ensure that documentation is archived in accordance to the Bank’s policy for record and audit purposes
Attend to audit findings as and when required within area of responsibility
Take remedial action on all audit findings and ensure that issues are resolved or addressed
Ensure recording of all credit committee meetings are loaded on the v-drive
Ensure feedback is given to all the relevant stakeholders on outcome of the application
Manage capturing of weekly and monthly stats reports
From time to time may be requested be secretariat for ECC, which involves co-ordinating ECC meeting and taking minutes in compliance with the prescripts of the charter.
From time to time we maybe required to assist in the various provincial office and regional. Offices.
4. Loan Policies and Procedures
Provide input to policies and procedures and updates and identify opportunities to improve as and when required
Provide inputs on lending norms and credit criteria to be applied on new products
Participate in the review of Credit Policies and procedures.
Ensure that the Provincial officees are informed of changes to policies and/or of credit policies and procedures that have been approved
Provide guidance to the operations at Provincial office level to ensure consistency and a standardised approach
Applying credit policies and procedures and input in improving standard and operating processes and procedures.
Preferred Minimum Education and Experience
3 year Tertiary Qualification (Commerce) Majors Accounting; Agri Economics, Credit Management
Do you have 3years Relevant credit assessment experience?
Thorough knowledge of the
NCA, CPA, FICA and related credit regulatory requirements
The primary and secondary agriculture sector finance.
Appraisal of credit proposals and deal structure for: assets finance, working capital, back ward and forward integration finance
Advanced business acumen
Critical Competencies
Microsoft Office
Knowledge of risk management principles
Knowledge / Experience of compliance systems / tools
Compliance Management Principles
Knowledge of Compliance related legislation
Knowledge of Business
Law Principles
Additional Requirements
Travel is an integral part of the role
Extended hours as and when required
Title: Credit Analyst: Commercial Banking & Transformation ( Nelspruit )
Company: Land Bank Careers
Location: Nelspruit
