Senior Credit Analyst - Sandton at Absa Group Limited (Absa)

Job Description

Risk Management:

• To conduct quality credit risk assessments and reviews and proactively manage credit risks associated with clients across the Large Corporate Portfolio.

Key accountabilities include:

• 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.
• Conduct a full assessment of the risks and potential mitigating factors impacting on a client.
• Perform robust financial and non-financial analysis on the client that supports the review of facilities or new funding proposals.
• 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 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 needs, the research findings and the final recommendation on which credit lending solution is best for the client, for the Credit Manager to approve in the interim and escalate further for the necessary approval.
• Consolidating a group risk view.
• Facilitate the credit sanctioning process by responding to sanctioned enquiries and/or attending all relevant Credit Committee meetings in order to present and sponsor credit applications that have been submitted under your signature.
• 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:

• Ensure that the Bank's credit policies, philosophy and all relevant legislation are fully complied with at all times and that any policy breaches have been suitably addressed and mitigated against.
• Ongoing credit portfolio monitoring and maintenance of Group Risk Appetite.
• Ensure that all covenants are measured and reported during the review or new credit application process and that all changes to covenants are reported to the TM team.

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 and adequately supported by in the credit systems.

Business Enablement:

• Provide solution driven support to business to facilitate growth initiatives, whilst maintaining a healthy balance between risk and reward.    
• Participate and add value to business committees where required (Deal, Pricing and JLOC forums). 
• 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)