| JOB NAME |
HEAD: CREDIT
POSTED BY: Development Bank of Southern Africa
REF:DBSA 62
Date Published:Wednesday, April 10, 2019
Date of Expiration:Monday, October 7, 2019 EXPIRED
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| LOCATION OF THIS JOB |
 South Africa | MIDRAND in South Africa |
| INDUSTRY |
| DEVELOPMENT FINANCE INSTITUTIONS
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| JOB TYPE |
| Full-Time |
| MAIN JOB DESCRIPTION |
Job Grade 19
Job Type Classification Permanent
Location - Town / City Midrand
Location - Province Gauteng
Location - Country South Africa
JOB DESCRIPTION
The purpose of this position is to establish the creditworthiness of each potential and existing DBSA borrower and their ability to honour its financial obligations.
In collaboration with the Head: Credit & Portfolio Management set the strategic direction for the DBSA in terms of Credit Financial Analysis.
Manage and control all resources (financial, human, technological, etc.) in the area of responsibility;
KEY RESPONSIBILITIES
Credit Analysis:
Take operational responsibility for the implementation of the credit risk and institutional risk analysis of new deals and renewal of existing facilities through risk analysis by:
1. Conducting credit investigations and analysing financial statements to ensure that loan presentations are precise and provides accurate information to make lending decisions.
2. Completing annual reviews on all required relationships including a complete analysis of annual financial statements, collateral evaluation, payment history, risk rating review and any adverse industry or economic changes.
3. Performing a detailed risk analyses (including institutional risk analysis) of the client or project inclusive of comments how these are mitigated or not.
4. Spreading financial statements, preparing cash flow analysis, and writing credit presentations.
5. Analysing and interpreting financial models and performing stress testing on these financial models in order to evaluate Projects and set covenants.
6. Loading of project or client information into the DBSA internal rating models to derive appropriate risk ratings.
7. Performing collateral evaluations.
8. Assisting lending divisions in the preparing of loan documentation.
9. Examination of collateral and other sources of repayment as well as credit history and management liability.
10. Predicting the probability that a potential borrower will default on its debts, and also the severity of losses in the event of default. (PD and LGD)
11. Analysing the difference in interest rates between risk free investments and investments that may carry some risk of default.
12. Establishing the ability of the potential borrower to pay back the loan principal and interest payments (within the DBSA threshold of debt service cover ratio).
13. Ensuring the lending divisional risk strategies and execution plan in line with the DBSA Group Risk Assurance vision, strategy, goals, policies and procedures.
14. Ensuring that there are sufficient risk execution capabilities within the Financing Operations Division.
15. Taking accountability for creating opportunities by adding credit structuring solutions to transactions to deepen infrastructure development within the DBSA mandate.
16. Ensuring timely processing of transactions of the highest quality.
17. Ensuring best practice credit and investment management processes are implemented and maintained.
18. Maximising process efficiencies to minimize operational and transactional execution losses.
19. Providing strategic guidance for planning and strategy formulation.
20. Ensure timely identification of high risk exposures for transfer to the Watchlist or the Business Support & Recoveries Unit.
21. Proving accurate information to the Portfolio reporting unit regarding credit clients and recent developments.
22. Ensure compliance with credit and investment policies.
Management Functions
1. Provide direction and management to the direct reports to ensure they execute the divisional strategy and manage their portfolios effectively.
2. Take overall responsibility for the implementation of the Human Capital Strategy in the unit.
3. Ensure that there are sufficient execution capabilities within the unit.
4. Provide continuous on the job training to direct reports and analysts within the unit.
5. Contribute to building synergies and cooperation between the unit and other Divisions in the Bank.
6. Entrench the practice of effective Performance Management.
Key Measures
1. Ability to Lead the Credit Analysis unit effectively.
2. Effective and efficient Risk Management of the individual exposures of the DBSA. Keeping within the approved maximum NPL ratio of the DBSA.
3. Management of performance outputs of staff using the performance management system and taking corrective action promptly and effectively.
4. Management of the approved unit Budget including operational expenses.
5. Turnaround time on new transactions.
6. Value and number of expired limits.
7. Quality of credit reports.
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| REQUIREMENTS FOR THIS JOB |
EXPERTISE & TECHNICAL COMPETENCIES
1. A minimum of an honors degree or equivalent in either Finance, Accounting, Economics or Engineering.
2. A minimum of 10 years Wholesale/Investment Banking Experience of which a minimum of 5 years in Credit Analysis role (particularly in Investment Banking).
3. At least 3 years in a supervisory capacity.
4. Solid experience in Credit Analysis and working with distressed clients. Good understanding of all finance and risk related matters affecting the Bank and other divisions.
5. Solid experience in running a profit and loss function with revenue.
6. Experience in managing a unit budget.
7. Solid understanding of international economic & financial relations.
8. In-depth experience in Portfolio and Risk Management.
9. Familiar with legislative frameworks i.e. GAAP, PFMA, King III MFA etc.
10. Proficient with Microsoft Office (MS- Word, MS Excel (at an advanced level of proficiency)), MS PowerPoint, MS Outlook)
11. Excellent analytical and problem solving skills.
12. Exceptional interpersonal skills, abilities in relationship management, teamwork communication with management and stakeholders and thrive in a cross- functional environment.
Co-ordination capacity with the ability to coordinate assignments.
Desirable Requirements:
1. CA (SA) qualification will be a distinct advantage.
2. Knowledge of financial structuring and doing business in Africa will be a distinct advantage.
3. Development finance expertise would be an advantage.
4. Financial modelling exposure.
Technical
Written & Verbal Communication
1. Is relied on by others to help them write complex technical and non-technical documents and briefs.
2. Is able to determine which aspects of this knowledge area need to be transferred to others in order to achieve organisational goals.
3. Coaches others and transfers communication skills and knowledge to others.
Policies and Procedures
1. Is able to evaluate existing policies and procedures in terms of their suitability in light of the broader business agenda.
2. Has sufficient sector expertise to be able to scan the market to obtain examples of best practice in own area of specialism.
3. Can develop new policies and procedures where required, aligning them with DBSA strategy and appropriate legislation.
4. Is able to present recommendations to senior management for approval in a concise manner.
Reporting
1. Designs, reviews and improves reporting processes and provides guidance.
2. Leads production of complex environment reports, takes an editorial role, determines content and level of detail, and ensures consistent messaging and branding.
Planning and Organising
1. Is relied on to help other plan and organise their workload.
2. Uses effectively advance time management processes to deal with high workload and tight deadlines.
3. Organises, prioritises and schedules tasks so they can be performed within budget and with the efficient use of time and resources.
4. Achieves goals in a timely manner, despite obstacles encountered, by organising, reprioritising and re-planning
Data Collection and Analysis
1. Skilled in the use of advanced/complex analytical techniques.
2. Is able to use judgement to decide upon the most appropriate analytical techniques according to the situation.
3. Recognize underlying principles, patterns, or themes in an array of related information, and determine whether additional information would be useful or necessary.
4. Through an in-depth understanding of the business environment, reviews outputs of analysis to identify anomalies and draws conclusions, relating these to operational circumstances.
5. Can model a range of scenarios covering all potential business circumstances and highlight potential risks/opportunities.
Negotiation
1. Understands and can apply basic negotiating skills and techniques, e.g. obtaining a full understanding of the other party |
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English 
FRENCH
