Loans Officer

SUMMARY:

The position is responsible for actioning key functions within with the Loans and Shares functions, as well as certain supervisory functions related to tasks and people

KNOWLEDGE AND EXPERIENCE

• A minimum of 5 - 8 years’ relevant work experience (Accounting/debtors).
• A sound knowledge of Organizations pr...

POSITION INFO:
The position is responsible for actioning key functions within with the Loans and Shares functions, as well as certain supervisory functions related to tasks and people KNOWLEDGE AND EXPERIENCE • A minimum of 5 - 8 years’ relevant work experience (Accounting\/debtors). • A sound knowledge of Organizations processes would be an added advantage. • SAP system experience preferably in Loans Management Module. • Excel and Word QUALIFICATION BCom degree with accounting as major Relevant Financial Management Degree.  The key functions of the position include: • Creation of contracts on SAP following approval by the relevant credit approval committees and specific Fund approval bodies • Monthly clearing of GL clearing accounts, as assigned. • Checking loan agreements activated by Loans Administrators for accuracy and completeness. • Implementation of LOAs. • Daily disbursement processes related to Loans and Shares • Manually maintaining interest rates on specific accounts • Assistance with Legal Matters, Certificate of Indebtedness, litigation matters • Online debit order collections on relevant payment dates • Preparation of normal and IRR settlement amounts, on request from business. • Action write-offs as approved by the relevant approval bodies and in line with Delegation Matrix • Post-approval changes on SAP, including but not limited to the CAM system. • Management of Trade Finance revolving credit facility transactions • Management of Guarantee and Letter of Undertaking processes • Management of all Share-related transactions, including but not limited to the selling and purchasing of shares, redemptions and dividends. • Releasing contracts on SAP, subject to certain authority levels to be determined. • Posting of debit positions and other business operation items • Signing of security release forms as requested by Corporate Secretariat. • Managing the completeness and execution of designated tasks, such as legal agreements, CAMs; LOAs; Guarantees etc. • Co-management of large, complex transactions together with administrators • Maintain accuracy of Loans TB for assigned SBUs. • Manage IMC processes, as required, for assigned SBUs. • Review and posting of journals, as required. • Reconciliation of the Loans TB to the Clients GL • Addressing internal and external client queries and review pertaining to queries • Ad hoc on the job training and mentoring of staff. • Liaising with Internal and External Auditors • Numerous routine and ad-hoc support functions BEHAVIOURAL COMPETENCIES • Deadline driven • Attention to detail • Must be able to work effectively within a team structure • Good Communication Skills • Good Interpersonal Skills • Coping with Pressures and Setbacks • Good Time Management Skills TECHNICAL COMPETENCIES • Supervisory Skills • Project Management Skills • Strong Analytical Skills • Planning and Organising Skills

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