Wednesday , February 28 2024

First Rand Jobs – Credit Portfolio Manager

Website FirstRand

Job Description:

Manages credit product risk and profitability and makes recommendations for a portfolio of credit clients through analyses; Monitors associated risks.

Job Responsibilities:

  • Drive an Increase in average balance of assets as defined in the Financial Performance Report of the business
  • Efficient management of high-risk portfolio including timely identification of high-risk clients, checking security and mitigating risk by taking outstanding and new security and reducing limits
  • Deliver exceptional Credit service that exceeds customers’ expectations through proactive, innovative and appropriate solutions
  • Ensure average approval turnaround time against target to ensure retention of clients.
  • Cultivate and manage objective working relationships with a variety of stakeholders, including end-users, SME’s, project managers and senior staff members by supporting Regional Managers’ and Regional Analyst’s in the Hub with new and existing business.
  • Reduce percentage of Non performing loans as a percentage of total performing book based on the business’ performance
  • Assess credit proposals in detail including assessment of Financials, Management Accounts, Budgets, Cash flow Projections, Debtors
  • Age Analysis & Creditors Schedule and all business risks and recommend and approve Credit Applications
  • Reduce Bad debts as a percentage of performing loans utilisation based on effective lending principals applied during approval

Qualification & Experience:

  • 3 – 5 years working experience in a Credit environment
    Grade 12, CAIB, or BCom Degree

Job Details:

Company: FirstRand

Vacancy Type: Full Time

Job Location: Johannesburg, Gauteng, South Africa

Application Deadline: N/A

Apply Here