CAF(John Deere JV) Business Analyst-2 at Absa Group Limited (Absa)

Job Summary

• Provide specialist advice and support in the implementation/development of operational planning and associated service delivery processes, methods and techniques.

Job Description

Accountability:  Prepare Credit Applications

• Liaise with Business Development Officer (BDO) / JD Salesman, clients and other stakeholders to understand the process or requirements of credit applications for all clients concerned.
• Conduct research on the industry in which the client operates to understand the industries overall profitability, industry trends and client's market standing relative to its competitors.
• Perform robust financial and non-financial analysis on the client that will support and underpin all new proposals for commercial asset finance in terms of the clients' credit risk implications.
• Make use of clients' historical data for example, its financial statements to forecast the clients’ potential growth and sustainability. Conduct a sensitivity/scenario analysis to determine the impact that a change in, for example the economy, political situation, consumer demand etc. will have on the clients’ financial health.
• Based on analysis conducted structure a commercial asset finance lending solution for the client, that will account for the potential threats to the client and that is within set credit limits and the Bank's credit lending policies and appetite.
• Compile a proposal which summarises, the clients’ background and commercial asset finance needs, the research findings and the final recommendation on which commercial asset finance credit lending solution is best for the client, for the Credit Manager to approve in the interim and escalate further for the necessary approval.
• Facilitate the commercial asset finance credit sanctioning process by responding to sanctioned enquiries and/or attending all relevant Credit Committee meetings in order to present and sponsor commercial asset finance credit applications that have been submitted under your signature.
• Produce relevant management information and manage exposures including the maintenance of the relevant systems
• Pro-actively manage credit risks associated with the commercial asset finance importation transactions.
• Compile commercial asset finance reviews, amendments and new applications to the appropriate lending authorities.
• Request of valuations on movable and immovable assets which serve as security for commercial asset finance facilities.
• Liaise with BDO / RE, clients and other stakeholders to understand the process or requirements of credit applications for all clients concerned.
• Gather financial information (financial statements, cash flows) to support application from client where necessary.
• Utilise applicable software to assess client financial information and submit financials through to Remote Balance sheet Extraction Unit (RBEU) prior to updating a WEBICA.
• Include the product specialist report (needs, research findings and final recommendation) as provided by BDO and include in the WEBICA application.
• Where the client's application is supported, motivate such a recommendation and forward the credit application to ABB credit for sanctioning on WEBICA.
• Monitor credit lines on a continuous basis and ensure formal reviews at specified time intervals or arrange extension.

Accountability:  Relationship Management

• Liaise with BDO consultants / or clients in order to achieve acceptable levels of approved credit facilities.
• Accompany BDO Consultants to clients in order to obtain relevant financial information and understanding for the credit process.
• Liaise with group legal and prepare relevant master agreements for signature by client

Accountability:  Compliance

• Ensure that all of the Bank’s credit policies and philosophy are fully complied with at all times, and that any policy breaches have been suitably addressed and mitigated against.
• Ensure adherence to Absa Business Bank Credit Policy and other relevant legislation, for example during the application preparation process.
• Ensure adherence to commercial asset finance target market criteria and that all deviations are suitably addressed and mitigated against.

 Accountability:  Reporting

• Communicate to BDO Consultants the credit committee's decision either through e-mail or a written document where required.
• Provide weekly status report to the line managers indicating completed, work-in-progress and pending credit applications as well as approval ratio.

Education

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)