Job Description
To evaluate counter-party credit risks associated with Business Banking lending at the client interface, with the primary objective to contain credit risk within acceptable parameters.
STRATEGIC FOCUS
- Provision of direct (specialist/ professional) credit evaluation services at the customer interface.
- Identifies credit and risk management requirements at the source of the deal negotiation/ business proposal.
- Conducts credit evaluation interviews during deal negotiation to obtain sufficient and appropriate information to evaluate business risk and deal viability, from a credit risk perspective.
- Declines non-viable deals at source, however, works in partnership with Manager, Origination, Relationship Managers and Head Commercial to identify alternatives that could bring deals/ proposals within risk and client acceptable parameters relative to profitability.
- Develop high quality credit solutions and recommends appropriate facilities in line with risk evaluation with the view of obtaining fast credit approval from Credit teams.
- Presents and defends own judgement to clients in a manner which does not negatively affect the business relationship.
BUSINESS ACUMEN AND MARKET UNDERSTANDING
- Together with origination manager and Sponsoring RM will prepare a credit facility proposal to be presented to Client Service Team/Business Development and Credit Committee to seek for support.
- Preparation of acceptable Applications for Facility (AFF) for Credit Decision.
- Identifies, quantifies, and evaluates sources of risk in relation to profitability of business proposal and financial viability and interrogates information obtained to gain a thorough understanding of business parameters which create profit/ value as well as to mitigate all associated risks.
- Utilises industry risk analysis available to identify and understand contextual threats to existing and potential clients.
- Evaluates whether proposals meet sound business criteria and counter-party credit risk falls within acceptable client selection and risk parameters, and recommends appropriate business credit facilities, including covenants and terms or conditions of facilities.
- Prepares credit applications by providing sound financial and business justification for deals/ proposals within acceptable client and risk acceptance parameters relative to the profitability.
- Work in partnership with RMs on new and existing credit applications, providing guidance on credit appetite and consulting with other product partners.
- Liaise directly with the Head of Credit (HOC) and respective sanctioning credit evaluation manager (CEM) for all credits that are outside Risk management discretion.
- Attend customer meetings with the Relationship manager if credit related issues are to be discussed/need to be resolved.
- Proactively contribute to embedding agreed change management initiatives in support of process and quality improvements, cost reduction.
- Review and co-ordinate approved sanction letter and execution of documentation and drawdown of facilities.
Qualifications
Experience Required
- Education
- Bachelor of Commerce or similar qualifications
- Other relevant qualifications including ACCA/CPA is considered a bonus
- Experience
- At least 3 years’ experience in Banking and/or Financial Services, 2 years being in Credit.
Additional Information
Behavioural Competencies:
- Influencing skills
- High levels of accuracy
- Attention to detail
- Sound judgement
- Excellent communication skills
- Advanced negotiation skills
- Team Working
Technical Competencies:
- Credit knowledge
- Financial Analysis
How to Apply:
Job type Full-time Job, To submit your application, please follow the link provided below.