Credit Manager

We are currently recruiting for a Credit Manager in Thabazimbi The Credit Manager will also be involved in monitoring market conditions and any regulatory changes that would require changes to credit policies, procedures, and guidelines related to SME lending.Key Accountabilities & Duties.Loan origination and processingImplement loan origination strategies with lending teamReview and recommend credit applications and transactions within assigned credit limits in a timely mannerProvide independent, objective reviews and recommendation to credit applications and other matters which have been agreed to and/or recommended by the Loan OfficersReview all loan applications and sign off prior to submission to senior management, to ensure the completion of due diligence and adherence to the company’s policies and guidelinesProvide motivation for recommendations on credit transactions/applications and communicate effectively with Loan Officers to ensure rationale and decision is clearly understoodWrite succinct credit memos or credit announcements to communicate credit perspective and rationale for new credits and credit extensionsCommunicate with Loan Officers about specific credit applications and transactions to seek further information and modifications, if needed. Discuss appropriate structuring for the deal and criteria required for approval. Ensure that all information is credible, accurate, and relevant, including analysis and evaluation of the technical aspects (e.g., financial analysis, credit terms, structure, and collateral)Review approval letters and loan agreements to ensure credit terms and conditions are recordedReview and recommend disbursements according to policies and guidelines to ensure lending conditions are metSupport the healthy and sustainable growth of a profitable loan portfolio by ensuring the credit granting and implementation is within the company’s prescribed asset quality standardsMaintain records of loan applicationsMonitoring and CollectionsActively monitor loans after disbursement according to guidelines and policiesActively monitor the implementation of funded projects to ensure timely completion and invoicing by SMEsOversee collections and implement collection activities timeouslyMinimise bad debtsMonitor and manage service indicators (response time, customer satisfaction etc) for the Credit ProcessManage customers complaints ( incl annual customer survey)ReportingWeekly, monthly, quarterly, semi-annually and annual reporting to senior management on lending activitiesPrepare reports for Board and external stakeholdersOrganisation DevelopmentSupport Loan Officers to ensure client and other stakeholder satisfactionRespond to and resolve escalated issues raised by the Loan OfficersStandard staff management responsibilities ( Performance contracts, training etc)Contribute to the development and implementation of sound SME lending guidelines and policiesMonitor market conditions and make recommendations for enhancements to