Overview
Senior Credit Risk Analyst- CIB Jobs in Sandton, South Africa at Absa Bank Limited
Empowering Africa’s tomorrow, together…one story at a time.
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of thisexcitinggrowth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary
This senior credit analyst role will involve managing a high value portfolio of ARO Countries’ clients, together with the sanctioning of credit applications within a delegated individual mandate and taking on responsibility as the credit lead on specific ARO Countries. This requires active senior stakeholder engagement and supporting applications up to credit committees. The role also involves carrying out comprehensive and quality credit assessments and analysis on potential and existing clients within the ARO Countries portfolio to enhance the decision making process in determining the Bank’s appetite to extend credit to these clients.
To work within existing credit policies and in country regulatory requirements to structure appropriate bankable solutions for the client and manage all other credit related issues for a portfolio of clients.
Job Description
Risk Management:
To conduct quality credit risk assessments and reviews and proactively manage credit risks associated with clients for your respective ARO Country Portfolio. Key accountabilities include:
Review research on the industry in which the client operates to understand the industry’s overall profitability, industry trends and client’s market standing relative to its competitors.
Review full assessment of the risks and potential mitigating factors impacting on a client.
Review robust financial and non-financial analysison the client that supports the review of facilities or new funding proposals.
Make use of clients’ historical data, for example, its financial statements to forecast the clients’ potential growth andsustainability. 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.
Based on analysis conducted, structure a lending solution for the client, that will account for the potential threats to the client and that is within set credit limits and the Bank’s credit lending policies and appetite.
Review the credit papers from country credit teams which includes, the clients’ background and needs, the research findings and the final recommendation on which credit lending solution is best for the client, for the Credit Manager to approve in the interim and escalate further for the necessary approval.
Raise questions and revert to country credit teams where gaps and inadequate mitigants are identified in the credit papers through the review process by the Centre Credit Sanctioner.
Once the credit paper is finalised, facilitate the credit sanctioning process by responding to sanctioned enquiries and/or attending all relevant Credit Committee meetings in order to present and sponsor credit applications that have been submitted under your signature.
Using individual delegated mandate to review and support individual mandate credit applications.
Compile reviews, amendments and new applications to the appropriate lending authorities. Monitor the client performance on a continuous basis, in addition to performing annual reviews of c…
Title: Senior Credit Risk Analyst- CIB
Company: Absa Bank Limited
Location: Sandton, South Africa
Category: Finance & Banking, Management
