Head of Credit

Duties and Responsibilities:

Adding value to the PCC process by knowing the company and industry through research and ongoing awareness. Calculating risk grade for the obligor and providing relevant credit comments at PCC.
For existing deals, ensure that security and facility documentation in place
Approval vs decline budget - Max 40% of deals to be declined
Evaluation of key risk areas and commercial viability of the
transaction and facilities proposed.
Ensure quality credit paper.
An accurate and thorough assessment of the past and future performance of the client. Approval and recommendation of transaction/facilities based on a sound credit principle as set out in the Credit Standard and Credit policy.
Ensuring that checklists are completed thoroughly and accurately Understanding and an ability to discuss pricing, ROE, capital use, concentration, correlation, and discounting.
The building of relationships within the greater Credit teams, Front Office (BDO''s / Suppliers), Legal and the Discounting Team based on mutual respect.
Customer centricity within an appropriate risk/return matrix.
Appropriate discussion / engagement with the BDO / Supplier /
Client to facilitate credit analysis process and in-depth understanding of the client’s business
Liaison with discounting and legal for document preparation, correct capture of conditions of sanction.
Ensure CP’s are met and legal and security documentation is in place and confirmation of security values.
Correct discounting and loading of limits (with particular reference to Stucky system relating to Working Capital Solutions)
Filing of all hard copies and soft copies of correspondence. Actively participate in the recovery process when required
Awareness of the credit environment in general and about
the source of cash flows is emanating from ongoing credit monitoring in respect of transactions executed under MWAR.
Development of the technical and soft skills of the team with a view to closing identified gaps
Monitoring of performance of the team members, praising where needed and addressing poor performance promptly where needed
Assistance in helping team members put their Personal
Development Plans (PDP’s) into action

Key Skills
Core Competencies:
- Exceptional Communication
both written and spoken - Project management
- Creative approach to work - Ability to accept responsibility
- Relationship Management
- Solution Management
- Financial Analyse
- Effective team management
General Competencies:
- Detail and deadline oriented
- Ability to work without supervision
- Excellent Time management skills
- Ability to work within a team