Senior Credit Manager at Watershed Consulting

• An exceptional opportunity awaits a dynamic individual with the right qualifications and experience to be part of the credit department. The successful incumbent will be required to oversee the Credit function of a local niche bank, South Africa.

Responsibilities include: 

• Ensuring credit quality at the approval stage
• Monitoring of the ongoing credit dynamics of the asset portfolio at a macro and micro level post sanction
• Compliance of credit risk with Group policy and local regulatory guidelines. The key challenge in this role is to constantly mitigate risks through a combination of routine & pro-active checks on individual credits and the portfolio.
• Development of Relationship Managers and key staff on Credit Risk related issues to improve their understanding of the credit process and add value to their analytical work by applying experience.
• Participate with client visits with a view to structuring the lending correctly.
• Monitoring of risk accounts including assisting with the legal and remedial process.
• Monthly reporting to Zonal Management and Quarterly Reporting to Zurich Head Office as well as local Regulators
• Adhoc support to other parts of the business as assigned by the Head of Credit and Risk
• Overseeing the entire credit department from the point where a client applies for a credit facility
• A comprehensive understanding of Ops Risk,  a
• The successor to the Head of Credit and Risk 
• Role includes managing Credit Risk, Credit Vetting, Credit Approvals, Credit Admin and Ops Risk. 
• There are 2 credit managers, an ops risk manager, 2 supervisors and 4 administrators that will report to this person.

The following minimum requirements must be met to be considered for this position:

• CA(SA) - preferred but not a requirement 
• Bachelors B Com Degree (majors in accounting and audit)
• Post-Graduate Degree 
• Required to be proficient with Microsoft Word and Excel.
• Required to have excellent verbal and written skills.
• Relevant experience at a management level is required.