Senior Credit Manager- Origination

Job Description

To partner with the Business Unit/s and become part of the core client assessment team with an aim to bring diversity of skills, disciplines and experiences in the onboarding and early assessment of credit risk and investment that deliver on the IDC mandate.

To deliver value -added skills and advisory services to the early-stage due-diligence process by appropriately co-identifying the risks being taken and proposing mitigating factors in line with the organization’s risk appetite frameworks and applicable standards.

To package and offer suitable solutions and mitigations that are aligned to the risk appetite of the Corporation thereby improving the quality of credit submissions and enhancing quicker turnaround, while maintaining an independent view.

Qualification and Experience

QUALIFICATIONS

• CA / B Com post graduate qualification (or equivalent degree).
• MBA would be an added advantage.

KNOWLEDGE AND EXPERIENCE

• 8 to 10 years’ relevant experience in a financial institution, 5 years of which must be specifically in Credit Risk.
• Knowledge and understanding of credit risk and any associated risks prevalent in the financing of transactions/projects.
• Ability to influence stakeholders and team members.
• Experience working in a high-level collaborative environment.
• Ability to manage multiple competing priorities while building effective relationships.
• Extremely organized and persistent, with a drive and determination to achieve goals.
• Require excellent computer skills and proficiency with Microsoft Office (Excel, Access, Word, PowerPoint).
• Exceptional planning and organizational skills: the ability to handle several complex tasks simultaneously.
• The ability to coordinate key projects with a variety of stakeholders is essential.
• Proven communication skills are essential - must possess excellent written and verbal skills to be able to work effectively with others.
• Ability to present and communicate technical information in a clear and concise manner.
• Possess the ability to make deductions and meaning from complex and abstract situations and make sound decisions from these factors.
• Must have the ability to work under pressure and cope with stress in a coordinated manner and be able to make rational decisions even under stressful/ high pressure situations.
• Negotiation and interpersonal skills are essential to negotiate and influence people towards achieving a predetermined goal.

Roles and Responsibilities

• Participate in Due Diligence investigations with the SBUs & Regional Offices, provide advice on risks to be assumed, mitigating factors and assessing viability of projects.
• Preparing preliminary SWOT analysis and ensuring application of Credit policies and credit appetite framework utilizing approved standard templates.
• Participation in Basic Assessment processes and presenting the Credit Risk Opinion and obtain CEM participation and indication of final credit structure requirements.
• Assist in risk identification and mitigation, ensuring compliance to credit policy and spreading of financials (if not undertaken by business) and provide SBU with “indicative risk grade and pricing”.
• In collaboration with the Legal Services Department seek for the adoption of a consistent approach in the drafting of standardized finance documentation across Group Counterparties as appropriate to ensure adoption of consistent credit terms.
• Encourage adherence to the organization’s stated Risk Appetite levels to the front line and encourage conduct to be within such stipulated appetite levels.
• Ensure credit submissions are undertaken in strict compliance with the official Credit and Investment submission templates of the Corporation.
• As part of the integral team dealing with applications, ensure that SBU completed applications are reviewed and edited to ensure fit-for purpose assessment and appropriate risk lens on structure /tenor/products and shareholder contribution using approved IDC Credit Templates.
• Provide input into the review and enhancement of the IDC Credit & Investment Template as required.
• Facilitate constructive working relations and healthy working morale between the Credit Risk Department and relevant SBUs.
• Provide appropriate guidance and support during deal development and structuring phases and act as a sounding board throughout the credit on-boarding process.
• Identification and mitigation of project and/or counterparty risks– including the development of a project risk matrix in conjunction with the relevant SBUs.
• Ensuring that the terms and conditions of credit committee approvals are well documented and executed in the legal agreements and draw documents.
• Participate in the draw-down process and provide independent credit sign-off as required from time to time.
• Attend and participate in client and/or deal structuring meetings prior to Deal Development Forum and provide advisory credit and structuring services on potential transactions after being cleared for any potential conflict of interest.
• To co-ordinate and share information with Credit Evaluation Manager (“CEM”) in the processing of the new transaction and ensure an option is provided for CEM to attend client meetings if and as required.
• Ensure timely submission of completed and comprehensive final report pack to CEM ahead of submission into the formal Credit and Investment sanctioning process.
• Work with the deal team and Legal Services Department to ensure deal closure post Committee approval and support applications requiring waivers and/or changes of approved credit & investment terms, as and when necessary.
• Ensure adherence to the principle of “need to know” by ensuring all information shared is aligned and limited to the credit origination process.
• Perform credit checks and deed searches on prospective and existing clients.
• Attending Credit Committees and Executive Policy meetings as and when required.

Job Requirements

TECHNICAL/FUNCTIONAL COMPETENCIES

Problem Solving Skills
Business Acumen
Report writing Skills
Strong attention to detail and data validity
Project Management Skills
Strong Analytical Skills
Planning and Organizing
Client Insights & Focus

BEHAVIOURAL COMPETENCIES

Good Communication Skills
Self-motivated and self-driven skills
Coping with pressures and setbacks
Negotiating and influencing
Interpersonal Skills

Job Reference: IDC00547