Credit Assessor

Purpose of the Job: To drive the execution of credit risk strategies that optimize the subsidiarys credit portfolios from a reward versus risk perspective while balancing capital constraints and market sensitivity to levels of non-performing debt.

Critical Deliverables /Core Accountabilities and Responsibilities

• Ensure efficient implementation and compliance with Letshegos policies, procedures relating to credit risk and arrears management.
• Responsible for credit assessment of all lending products within mandated levels.
• Oversee the administration of lending products, home loans, personal loans and overdrafts
• Prepare monthly credit reports to the Management Credit Committee and Exco.
• Oversee the arrears management function of the loan book.
• Provide recommendations on achieving set loan book performance
• Ensure that all loans and lending procedures comply with applicable regulations.
• Analyze new customers creditworthiness
• Provide training on credit assessment to front-line staff (sales)

Knowledge and Skills Required of the Job Holder:

• Grade 12 certificate with a minimum of 25 points.
• A degree in finance / Information Systems /Economics or similar will be an advantage
• Experience in credit management gained in Consumer Finance, retail SME, or microfinance environment
• At least 3 years experience in Credit Risk within Banking or Financial Services
• Knowledge of local laws, rules, and regulations
• Understanding of credit risk strategies to maximize benefit from opportunities that arise to give some input to upside benefits to the business.
• Hands-on experience with credit risk management systems

Knowledge and Skills Required of the Job Holder:

Ability to analyze and monitor country credit risks that face the business.

Ability to devise solutions relevant to a particular situation considering the specific circumstances, country laws, and norms

Quality Assurance of all loan portfolios