Head: Non-Salary Lending

Recruiter:

wePlace

Job Ref:

JHB000553/AS

Date posted:

Tuesday, June 7, 2022

Location:

Capetown, South Africa

Salary:

Market Annually

JOB SUMMARY:

One of South Africa's Banking Giants is looking for a Head of Non-Salary Lending to join their team.

JOB DESCRIPTION:

Purpose Statement:
To set, enhance and drive the Retail Credit Management Non-Salary lending service offering for Retail Banking through:

Providing strategic direction and operational insight within Retail Credit Management for Non-Salary lending, underpinning and enabling the delivery of the Retail Banking strategy.
Leading and overseeing the Non-Salary Lending department, and taking accountability for optimising departmental performance (including strategic business planning and implementation of standards, credit risk policies, principles and processes).
Driving (in collaboration with Delivery Head) the automating of non-salary lending processes.

Key Tasks & Accountabilities:
Business Planning and Strategy

Work with the Divisional Executive: Credit Management Retail and provide subject matter input towards the development of the Retail Credit Management strategy.
Apply credit expertise and an innovative approach to devise and develop a strategy for the growth of Non-Salary lending
Devise the Non-Salary Lending business plan and operating model, ensuring alignment with the strategic goals of Retail Credit and oversee its implementation.
Establish metrics and processes in Non-Salary Lending which provide clear and comprehensive performance measurements.
Develop the non-salary lending budget and get it approved. Work with the Delivery Head to manage expenses and vendor costs.
Identify, conceptualise, define and help bring to market new Non-Salary lending Credit business opportunities
Work with the Divisional Executive: Credit Management Retail to plan Non-Salary Lending opportunities and initiatives that will service and achieve the strategic and business objectives of Retail Credit.

Non-Salary Lending Projects and Product Delivery

Bring together credit and business expertise to identify opportunities to develop and grow the secured and unsecured credit product portfolio. Guide and oversee the quantification of the value-add associated with opportunities to inform the compilation, and delivery of business cases.
Define the roadmap and execution strategy for the future (types of products, business models, partnerships, etc.) and guide and decide on what’s best, based on the Company strengths.
Take the overall lead to develop and enhance Non-Salary lending products, partnering with Credit and other stakeholder departments for operationalising the delivery.
Define, motivate and track the business cases and targets of Non-Salary lending products.
Accountable for the integration, oversight and delivery of Non-Salary Lending initiatives and projects to achieve business plans and goals.
Provide guidance and direction to the Managers (across the business), ensuring the effective exploration of credit related business opportunities in the respective product groups.

Qualifications:
Bachelor's Degree in Commerce or Statistics or a relevant post-graduate qualification

Knowledge & Experience:
Knowledge

Knowledge of retail credit life cycle operations, retail credit profit modelling and retail credit regulations
Commercial, business and financial principles and practices
People Management
Project Management
Governance and risk management principles
Business processes, policies and systems
Application of relevant credit and risk legislation in an organisation (NCA, CPA, Companies Act, Insolvency Act, etc.)
Impact of regulatory bodies (BASA, SARB, SACCRA, NCR, and FIC) on the functioning of an organisation

Minimum Experience:

Minimum 10 years management experience in a senior role or as a specialist in a credit solutioning environment
2 years experience in a retail non-salary lending environment
Experience of successfully leading, planning and managing credit initiatives across a complex organisatio

Ideal Experience:

10+ years management experience in a senior role or as a specialist in a credit solutioning environment
2+ years’ experience in a retail non-salary lending environment
Experience of successfully leading, planning and managing credit initiatives across a complex organisation
Experience overseeing a credit application automation project including process flows and data science techniques

Should you not receive a response from us within one week of your application, your application has unfortunately not been successful.

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Head: Non-Salary Lending

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