Senior Manager: Funding

Recruiter:

Staff Solutions Recruitment

Job Ref:

E.L000516/BG

Date posted:

Monday, May 2, 2022

Location:

East london, South Africa

Salary:

Negotiable

JOB SUMMARY:
Opportunity Available!! Our well known client in the Economic Development sector is looking to employ a Senior Manager: Funding to join their team in East London.

JOB DESCRIPTION:

Job Description:

Initiate and implement structured financial support solutions to accelerate economic development:

Initiate and implement relevant structured financial solutions in line with the strategy of the Company.
Identify, evaluate and review industry and sector specific financial programs as well
Benchmark with financial institutions best practice
Analyse client’s needs and respond with structured financial solutions
Manage and monitor the loan proposal and origination process.
Plan the processing of applications at hand with direct reports.
Evaluate the viability of client business plan
Manage the analysis client financial position to assess the risk
Generate new business and assist clients in developing proposals
Report monthly on the number of applications at hand, being processed and completed
Facilitate the analysis of applicants' financial and credit status to determine feasibility of granting loans.
Review the loan applicants' credit histories, financial statements, and other financial information.
Handle customer complaints and take appropriate action to resolve them.

Operationalize Relevant Legislation and Policies:

Comply with relevant legislation in terms of credit granting, implementation and recovery of loans granted.
Align the SMMEs activities with the company procedures and policy
Develop and monitor performance standards.
Attend and add value at the Credit Risk Investment Committee
Package relevant ED messages and policies for internal and external stakeholders.
Provide regular updates to the Executives on the activities and performance of SMMEs within the portfolio

Departmental Management:

Sound planning and forecasting of capital expenditure within areas of responsibility
Compile budget inputs in accordance with policies, procedures and legal requirements
Manage costs against approved budget
Assign responsibilities and ensure effective task authorisation protocols are in place
Implement staff development and training to achieve overall organisational objectives and Identify training and development needs, implementing plans to address requirements, as appropriate.
Develop and implement succession plans
Adhere to employment equity and recruitment policies
Manage discipline and absenteeism in accordance with organizational codes and procedures
Manage compliance with agreed budgets in consultation with the Executive Manager: Corporate Services, ensuring that costs are contained.

Job Requirements:

Honours Degree in Commerce or equivalent,
At least 8-10 years’ experience in the banking industry or Development Finance sector (5 years of which must be at a senior management level).

(Please note this is a one year contract)

NB! This job is now closed. You can apply for other jobs by uploading your CV.

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