Africa Credit Origination Head

October 15, 2024

FirstRand

Johannesburg

FULL TIME

Job Description

To lead and direct a credit portfolio to ensure that functional credit strategies align to Bank risk management frameworks to contribute to Bank growth, sustainability and compliance

Credit Origination
Ensure that quality credit proposals are submitted in timely manner to the relevant approval body as dictated by stipulated mandates
Ensure that all cross border and in-country credit applications are properly reviewed
Attend client meetings where appropriate to guide discussions and ensure that required information for credits are obtained
Gain an understanding of more complex deal structures and conduct healthy debates with the deal team around structure, PD, LGD, covenants and pricing
Identify transaction-specific risks and introduce risk mitigation measures as input to structure transactions in line with the risk philosophy of the Bank
Approve credit in line with the delegated mandate framework
Attend credit committees to support credits and motivate for the larger and more complex transactions

Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

23/10/24

All appointments will be made in line with First Rand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.