Credit Manager jobs in South Africa

Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

As our Manager of Credit Evaluation, you will:

1. Manage a diverse portfolio of counterparty credit risks within acceptable parameters
2. Lead and develop a team of credit analysts, ensuring high-quality risk assessments
3. Analyse and interpret complex financial data, providing clear insights for decision-making
4. Ensure compliance with credit procedures, policies, and regulatory requirements, including Basel standards
5. Evaluate vanilla lending and derivative products, assessing associated risks
6. Present credit applications to the Credit Committee and manage commercial property finance mandates as required

Join us to make a significant impact in the dynamic world of credit evaluation and risk management.

Qualifications

Mandatory Qualifications:

Academic Requirements:

• First Degree in Business Commerce or a closely related field

• Credit Risk Management (minimum 3-4 years)
• Comprehensive knowledge of financial markets, global economy, and relevant regional geographies pertaining to the portfolio
• Demonstrated ability to manage complex credit risks within stringent parameters
• Financial Products Expertise (minimum 3-4 years)
• In-depth understanding of vanilla lending and derivative products
• Proven proficiency in assessing facilities that generate counterparty credit risks
• Expertise in evaluating and managing documentation required to mitigate associated risks

Regulatory Compliance and Risk Management (minimum 3-4 years):

• Thorough conceptual and practical knowledge of credit procedures, policies, and standards
• Comprehensive understanding of products and facilities that give rise to counterparty credit risk
• Extensive knowledge of Basel standards and broader regulatory and compliance requirements in the banking sector

The successful candidate must demonstrate:

• A proven track record in credit risk management
• Exceptional analytical skills
• Unwavering commitment to maintaining the highest standards of financial integrity and regulatory compliance

Additional Requirements:

• Commercial property finance mandate experience. Candidates must specify their mandate limit, if applicable.
• Demonstrated experience in presenting Credit Applications to respective Credit Committees

Note: This role carries significant responsibilities in risk management and regulatory compliance. Only candidates meeting all specified criteria will be considered.

Behavioral Competencies:

• Checking Details
• Conveying Self-Confidence
• Directing People
• Establishing Rapport
• Examining Information
• Exploring Possibilities
• Interacting with People
• Making Decisions
• Managing Tasks
• Meeting Timescales
• Team Working
• Upholding Standards

Technical Competencies:

• Risk Identification
• Risk Management
• Risk Measurement
• Risk/ Reward Thinking

Mid-Senior level

Full-time

Finance and Sales