Key accountabilities/Deliverables/Outcomes
Accountability: Credit Risk Management - 40%
- In collaboration with the business counterparts, develop, implement and maintain credit risk strategies
- Ensure the highest standards of credit quality through the sanctioning, sampling and application of best practice to credit proposals, and maintenance of these standards throughout the Credit Teams.
- Review and Implementation of credit policy and processes. Feed into business and credit policy development.
- Ensure adherence to Lending discretions with appropriate delegation to the Retail Credit and Credit Operations Team.
- Exercise personal judgment and discretion in the evaluation and approval/decline of credit proposals.
- Responsibility for personal & team adherence to governance, compliance and lending portfolio controls. Ensuring audit outcomes are satisfactory backed by conformance to policy and procedures including proactive management of agreed responsibilities for Data Integrity.
- Maintain interactive relationship with relevant ARO/Group Risk/Business/Operations/Conformance Teams.
- Challenge pricing and profitability models in order to maximize value. Ultimate sign off at customer level remains with Business.
- Design, implement and maintain generic strategies for appropriate remedial action on poorly performing accounts in the portfolio
Accountability: Business Risk Partnership & Stakeholder Management - 40%
- Work in partnership with the Head of Retail and Business Banking Credit to ensure that the credit team proactively anticipates & responds to (and seek to exceed) the expectations of customers. Always looking to add value.
- Develop a strong Risk/CODO/Retail Business partnerships
- Represent Retail Credit Risk in forums where Credit Risk is directly or indirectly impacted.
Accountability: Leadership - 20%
- Be part of a highly motivated team maintaining excellent relationships within own team and wider business to ensure achievement of business goals.
- Consider the training and development needs of the team and support the development and implementation of solutions.
- Act as a role model and drive proactive application of Absa behaviours throughout the team including establishment of common goals and objectives.
- Ensure effective performance development and succession planning for the team.
Role/person specification
- Business Degree in mathematical finance, actuarial science, economics, statistics
- Comprehensive technical credit skills
- General commercial/industry awareness
- Working knowledge of risk management policies, procedures & pricing
- Working knowledge of Group policies and strategies relative to the credit function
- Product knowledge
- Detailed understanding / fit of the vision for Risk
- Working knowledge of local country structure and strategy
- Leadership and performance development of a team
- Managing risk and reward
- Leadership
- People management and coaching
- Communications (written and oral) and presentations
- Effective negotiation and influencing
- Delegation
- Influencing