Credit Assessor

Letshego - khomas region, namibia

13 days ago

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

  • Responsible for credit assessment of all lending products within mandated levels.
  • Analysis of financial information in preparation of credit application to make a recommendation based on the findings, within the credit parameters, to be presented to a higher mandate
  • Credit Assessor will be assessing various products namely but no limited to Home loans; Overdrafts, Personal Individual loans. (Knowledge of these products will be an added advantage)
  • Ensure efficient implementation and compliance with Letshegos policies, procedures relating to credit risk
  • Oversee the administration of lending products, home loans, personal loans and overdrafts
  • 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)
  • Provide credit reports to the Credit Manager
  • Review and confirm the collateral position of the client in preparation of credit applications
  • Adhere to agreed turnaround times of credit applications without compromising validity and quality of assessment by complying with policies and procedures.
  • Keeping up-to-date with changes in the micro and macro-economic, political, legislative and social environment in order to provide proper lending advice.


Knowledge and Skills Required of the Job Holder:

  • Grade 12 certificate with a minimum of 25 points and above.
  • A degree in finance / Information Systems /Economics
  • 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 maximise 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

Related Jobs

Apply Now