Job Description
Liaise with Business Development Officer (BDO) / Relationship Executive (RE), 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.
Maker 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.
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 the Absa Business Bank credit Policy and other relevant legislation, for example during the application preparation process.
Communicate to the RE / BDO Consultants the credit committee's decision either through e-mail or a written document, where required.
Provide weekly status report to the Regional Managers indicating completed work, work in progress and pending credit applications, as well as approval ratios.
Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)