Senior Credit Analyst – Pan Africa CIB: Financial Institutions

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 this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

This is a Senior Credit Analyst role, with the primary focus to independently manage a defined portfolio of CIB FI clients from a credit risk perspective and be a subject matter expert on the FI credit portfolio. The duties include, among others:

• Evaluating the financial health of clients in the portfolio.
• Preparing detailed credit applications with specific recommendations and presenting credit applications at various Credit Committees.
• Deal structuring and risk assessment across CIB products (debt, markets/derivatives, TxB/trade finance, etc).

Job Description

Accountability: Credit Risk Management:

• To take ownership and control of credit risk related work on a defined portfolio of Financial Institutions clients against which Absa Group Ltd has credit facilities.
• The candidate is to carry out comprehensive and quality credit risk functions across the credit lifecycle (i.e. analysis, credit granting, implementing, managing, restructuring and impairment).
• Representing Credit to Senior Management in various committees, presenting analysis of the aggregate portfolio risk and composition.
• Analysis of portfolio risk management and their impact to Portfolio Credit and Market Risk Metrics.
• Assist in developing and delivering relevant Monthly Risk MI for Senior Management.
• Create presentations and technical documents designed to articulate key risks to various forums and credit committees.
• Build and manage relationships with key relevant business partners to ensure responsible risk taking.
• Support the management in the delivery of a sound governance process around the Credit MI's delivered by the team.
• Facilitate the end to end lending or restructuring process.
• Maintain and manage the relevant portfolio within the defined appetite levels.
• To be an expert with an advanced understanding of Macro economic environment, industries and Bank products.
• Review and enhancement of systems and processes with a view towards efficiency and automation.
• Effectively communicate developments within areas of activity to all relevant stakeholders.

Accountability: Data and System Management

• Compile portfolio reviews and sensitivity analysis.
• Develop, negotiate and implement appropriate Risk mitigation strategies.
• Monitor adherence to policies and SLAs on a continuous basis.
• Create and maintain an accurate due diligence record of the client portfolio.
• Proactively utilize the systems and tools available for Credit Risk.
• Manage all administrative and operational aspects of the relevant portfolio of clients.

Accountability: Governance

• Ensure that the Bank’s credit policies and philosophy are complied with.
• Ensure understanding and adherence to relevant Legal requirements.
• Complete the necessary training requirements and Compliance processes in a timely manner.

Accountability: People management

• Support in creating a high performance culture of individuals who are engaged.
• Contribute fully, including suggestions for ways of improving risk delivery and management.
• Develop relationships with colleagues and create a sense of engagement.
• Communicate concerns or challenges faced in a constructive manner.
• Embrace and adapt to the diversity and change within the current Banking environment.

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised.