Senior Credit Analyst- Mid-Corporates- VP at Absa Group Limited (Absa)

Job Summary

The senior credit analyst role will involve managing a portfolio of Mid-corporate clients, including sanctioning of credit applications within a delegated individual mandate. This requires active senior stakeholder engagement and supporting applications up to credit committees where applicable.

Job Description

Risk Management

• To conduct quality credit risk assessments and reviews and proactively manage credit risks associated with clients across the Mid-corporate portfolio.
• Perform robust financial and non-financial analysis on the client that will support and underpin all new proposals in terms of the client’s credit risk implications.
• Sanction credit applications within the requirements of the credit policy and in line with individual delegated mandate.
• Proactively manage the credit risk on the portfolio by completing timely reviews, ensuring securities and conditions are up to date and monitored
• Compile reviews, amendments, and new applications to the appropriate lending authorities.
• Monitor the client performance on a continuous basis, in addition to performing annual reviews of clients, to ensure early detection of a client's business or operating environment.

Governance and controls

• Conduct all client risk assessments and portfolio monitoring in compliance with all the relevant governance and policy frameworks.
• Ensure that all covenants are measured and reported during the review or new credit application process
• Ensure that all excesses are monitored, cleared and/or escalated within KPI targets

Data and Systems Management

• To produce relevant management information and manage exposures including the maintenance of relevant systems.
• Drive RWA efficiencies through ensuring that the data in terms of Default Grades (DG's), Loss Given Defaults (LGD's), limits and review dates are correctly captured on the Bank's credit systems

Business Enablement

• Provide solution driven support to business to facilitate growth initiatives, whilst maintaining a healthy balance between risk and reward.
• Actively partake and provide input into Deal Forums ensuring that credit risk associated with business opportunities are pro-actively highlighted and managed.
• Communicate and interact regularly and proactively with business stakeholders while providing insights on risk trends and providing clear risk appetite guidance.

Education

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