about us
- Will always honour our commitments, be truthful in what we say and do, uphold high ethical and moral standards and be fair and equitable in all our dealings.
- In our owner manager culture we accept that we are the masters of our own destiny and therefore we will always take full responsibility and accountability for all our decisions and actions and never leave anything unfinished.
- Are empowered to innovate and come up with new ideas, as we value and nurture new ideas.
- We believe in and enjoy what we are doing and therefore we energetically and willingly nurture caring relationships with all our stakeholders in our exciting journey of uncompromisingly achieving our objectives.
- Respect the feelings, rights and abilities of our colleagues, clients and communities, even though they may be different from our own. We respect ourselves and our colleagues by not accepting or delivering average or poor performance. If the FNB values are congruent with your value set, and you have the necessary skills and competencies for the position advertised, then we are looking for you. Preference shall be given to suitably qualified applicants from the designated groups as defined in the Affirmative Action Act, 29 of 1998.
purpose
To oversee, manage and lead the day to day functions of the credit risk management teams and portfolios across the business. Identify high risk clients through, inter alia, management of the various ongoing risk management processes
experience and qualifications
- Minimum qualification: B. Com; LLB degree or Chartered Accountant
- Minimum years of relevant experience: 8 to 10 years related experience
- At least 3 years management experience
- Thorough ongoing credit risk management experience
- Experience in all aspects of insolvency and company law
- Understand the various IT Platforms across the business relating to credit
- Will always honour our commitments, be truthful in what we say and do, uphold high ethical and moral standards and be fair and equitable in all our dealings.
- In our owner manager culture we accept that we are the masters of our own destiny and therefore we will always take full responsibility and accountability for all our decisions and actions and never leave anything unfinished.
- Are empowered to innovate and come up with new ideas, as we value and nurture new ideas.
- We believe in and enjoy what we are doing and therefore we energetically and willingly nurture caring relationships with all our stakeholders in our exciting journey of uncompromisingly achieving our objectives.
- Respect the feelings, rights and abilities of our colleagues, clients and communities, even though they may be different from our own. We respect ourselves and our colleagues by not accepting or delivering average or poor performance. If the FNB values are congruent with your value set, and you have the necessary skills and competencies for the position advertised, then we are looking for you. Preference shall be given to suitably qualified applicants from the designated groups as defined in the Affirmative Action Act, 29 of 1998.
To oversee, manage and lead the day to day functions of the credit risk management teams and portfolios across the business. Identify high risk clients through, inter alia, management of the various ongoing risk management processes
- Minimum qualification: B. Com; LLB degree or Chartered Accountant
- Minimum years of relevant experience: 8 to 10 years related experience
- At least 3 years management experience
- Thorough ongoing credit risk management experience
- Experience in all aspects of insolvency and company law
- Understand the various IT Platforms across the business relating to credit
- Drive an Increase in average balance of assets as defined in the Financial Performance Report of the business
- Manage costs / expenses within approved budget to achieve cost efficiencies
- Reduce percentage of non-performing loans as a percentage of total performing book based on the businessperformance
- Reduce Bad debts as a percentage of performing loans utilization based on effective lending principals applied during approval
- Deliver exceptional Credit servicethat exceeds customers' expectations through proactive, innovative and appropriate solutions
- Cultivate and manage objective working relationships with a variety of stakeholders, including end-users,SMEs, project managers and senior staff members
- Maintenance of expert knowledge on relevant legislative amendments, industry best practices and provision of proactive advice and solutions to relevant stake holders
- Ensure average approval turn around time against target to ensure retention of clients.
- Comply with governance in terms of legislative and audit requirements
- 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
- Ensure effective Data Management by ensuring expired limits are attended to against set target.
- Management of Credit System Ensure proper implementation, up keep and accuracy of the ORM system and the raising of accurate provisions
- Mange limits that are in excess of normal limit by reducing number against total limits
- Improve business decisions by providing accurate and reliable business intelligence (information) together with analyzing trends and data
- Authorize complex, high risk and highly profitable credit applications by assessing high credit risk and potential high profitable applications as part of Credit Panel and Debt Restructuring Committee
- Develop ongoing credit risk management principles
- Applying credit road map and debt restructuring principles including the proper application of credit principles and a proper understanding of liquidation and restructuring processes