To apply, click on the link at the end of the posts and all the best with your applications.

Credit Analyst – Leveraged Finance

Job Description

Hello Future Credit Analyst,

Welcome to RMB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.
RMB is a place where exceptional people create their own opportunities by challenging the conventional and driving sustainable impact.
United by our proud heritage, strong ethics and philosophy of Traditional values. Innovative ideas, it’s the magic of our people and culture that sets us apart.
Now, is the time to imagine your next move with South Africa’s number one employer in Financial Services for 2023, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.

• Unpack and critically think about the risk of new and existing debt and equity deals for clients across a broad range of geographies and industries, which includes:
• Engaging with the client,
• Interrogating a client’s business model and identifying risks,
• Assessing financial data put forward by the client,
• Building a financial model to forecast performance or assessing a model put forward by the client or the client’s advisors for accuracy and appropriateness,
• Working alongside the deal to structure a deal in line with the risk philosophy of the bank,
• Assessing and managing overall limits for a client in line with the bank’s risk framework
• Putting forward a deal for recommendation after objectively assessing all the facts.
• Prepare and present the risk to risk executives in a committee sitting which involves:
• Taking ownership of the application which requires strong report writing skills,
• Managing the timelines of a deal in line with the agreed-upon submission deadline, and
• Presenting a deal at committee and working together with the deal team to take questions and answers which require strong verbal skills, the ability to debate and manage differing views and ultimately influence and negotiate a good outcome for both the client and the bank.
• Stakeholder and relationship management, which includes:
• Building and maintaining professional working relationships with all stakeholders, which includes working alongside experienced business and risk executives and acting as a bridge,
• Adaptation of communication styles to meet the needs of different audiences, and
• Conflict management.

Key characteristics to thrive in this role include:

• Strong work ethic with a self-starter attitude and a keenness to take ownership of the role’s opportunities and personal development,
• Resilience and an openness to receiving and sharing feedback,
• Ability to handle stress well, which includes self-management of workload (2 to 3+ deals at any point in time), quick adaptation to deal changes, prioritization of deals, and open communication on capacity.

Qualifications & Experience:

Ideally CA (SA) or CFA with relevant credit analyst experience within Investment Banking, although a newly qualified CA (SA) or a graduate whose degree has a strong quantitative focus will be considered, provided that the graduate has had exposure to finance and/or accounting. 

Business Judgemental Credit Manager

Job Description

To evaluate, manage and approve complex credit risk within area of responsibility by providing advice, recommendations and support to internal stakeholders through the implementation of group credit mandates, risk frameworks and methodologies.

To provide coaching and mentoring to relevant internal (Business Judgemental Credit Manager I) and external teams (Relationship Managers).

Hello Future, Business Judgemental Credit Manager

Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen. As part of our talent team, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential in a team where experts come together and ignite effective change.

Are you someone who can:

• Evaluate, manage and approve credit risk within the Medium Corporate segment by providing advice and support through the implementation of group credit mandates, risk frameworks and methodologies
• Develop and manage key stakeholder relationships that enable achievement of operational objectives
• Ensure compliance to legislative and audit requirements and adherence to relevant processes
• Knowledge of Credit Systems
• Responsible application of allocated Judgmental Credit mandate
• Assess and approve credit in terms of approved mandate to minimise Credit Risk to the business and manage the credit approval process
• Approve or recommend counterparty exposure across multiple products
• Manage credit risk at origination and on an ongoing basis
• Manage respective portfolio within the businesses budget and bad debt highway
• Continuously assess own performance, seek timely and clear feedback and request training where appropriate
• Drive customer service delivery goal achievement in line with predefined standards and in support of operational objectives

You will be an ideal candidate if you:

• BComm Finance
• Preferred Qualification – CA (SA)/CFA
• 2 Years banking experience
• Ability to bring in new business and increase acquisition
• Strong judgemental credit experience
• Build and maintain stakeholder relationships experience (any segment)

You will have access to:

• Opportunities to network and collaborate
• A challenging working environment
• Opportunities to innovate

We can be a match if you are:

• Ability to interpret financial statements
• Strong credit experience and negotiation skills
• Build and maintain stakeholder relationships experience (any segment)
• Strong collaboration skills
• Portfolio management experience (credit)
• Analytical
• Financial acumen
• Attention to detail
• Technology savvy

Are you interested to take the step? We look forward to engaging with you further. Apply now!

All appointments will be made in line with FirstRand 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.

Credit Analyst – Johannesburg

Job Description

To analyse credit data to estimate the degree of risk in extending credit or lending money to ensure year on year total consumer revenue growth

• Deliver against operational and cost targets
• Prioritise resource allocation to minimise and reduce wastage
• Monitor costs for the financial year according to the operational plan
• Allocates and approves expenditure
• Review cost reports and resolves or explains variances to the budget
• Identify, control and escalate potential risks that may lead to increased costs
• Manage costs or expenses within approved budget to achieve cost efficiencies
• Deliver customer experience excellence aligned to Organisational values and service standards
• Build professional long-term relationships with customers based on trust that builds the brand
• Collect and interrogate information and feedback to ensure full understanding of customer needs to deliver a quality service
• Deliver service that exceeds customer expectations through proactive, innovative and appropriate solution selection and application
• Provide customers with relevant information to keep them informed of products and service options
• Ensure full understanding of customer needs to deliver a quality service
• Ensure customer service solutions are aligned to the business operational plan; Organisational values and service standards
• Communicate how customer service solution will be implemented and secures buy-in
• Ensure product knowledge and advice is technically accurate and provide customers with relevant information to keep them informed of products and service options
• Ensure resolution of customer queries and complaints timeously and ownership of issues
• Analyse customer feedback to help improve customer service
• Propose ideas to improve customer service
• Build relationships that allow for the managing of expectations; the sharing of knowledge and diverse insights; and the creation of buy-in
• Engage in cross-functional relationships to obtain and to provide work support
• Implement, monitor and control business processes according to quality standards; policy; and compliance and governance requirements in area of accountability
• Ensure the development, alignment, mapping and implementation of end-to-end processes aligned to the customer journey map
• Research, enable and consult on improvements and opportunities to harness technology and platform enablement
• Review existing processes and suggest innovative ideas to improve and streamline processes to drive efficiencies and minimise redundancy
• Monitor customer feedback reports and align processes to maximise efficiencies
• Improve business decisions by providing accurate and reliable business intelligence (information) together with analysing trends and data
• Provide regular reports on delivery of services against agreed service level agreements and in terms of overall customer targets
• Accumulate information to review work progress that provides input to reporting, decision making and the identification of improvement opportunities
• Ensure compliance with relevant statutory, legislative, policy and governance requirements in area of accountability
• Ensure implementation of relevant policies, governance and practice standards across the business
• Maintain knowledge on relevant legislative amendments, industry best practices and internal compliance procedures and requirements
• Ensure compliance is adopted in terms of systems and procedures as laid out by organisation and review in response to audit findings and changes
• Develops an understanding of risks and risk management approaches Implement and provide input into the development of governance and compliance procedures and processes within area of specialisation and identify risks
• Educates others and makes suggestions for improvements Networks and participates in specialist risk forums where required
• Provide input into the development of the business area tactical strategy in achievement of the overall business strategy
• Develop and implement an area operational plan in achievement of Business objectives
• Assess own performance against competencies and skills required delivery
• Identify development needs and select effective solutions to address own development need
• Prepare a personal development plan with management to implement and review as required
• Monitor own progress against development plan and measure impact of results
• Promote teamwork and inclusivity amongst team members and demonstrates behaviours that respect diversity
• Partner and collaborate with team members to achieve team success
• Share information and knowledge that benefits the team

Qualifications and Experience

• Minimum Qualification – BCom Degree or relevant
• Experience – 3 Years experience

Credit Analyst – Accra

Job Description

Hello Future Credit Analyst,

Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of the people that make it happen.

As part of our talent team in Commercial and Business Banking, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential in a team where experts come together and ignite effective change.

Your core duties will be to analyse credit data to estimate the degree of risk in extending credit or lending money and consult with management to assist in corporate planning.

Are you someone who:

• Understands the economic environment, business risks and financial reports with the ability to relate such issues to specific business opportunities and the risk profile of individual clients.
• Can identify transaction-specific risks including credit, taxation, accounting and legal.
• Can introduce risk mitigating measures as input to structure transactions in line with the risk of philosophy of the Bank.
• Understands the Ghana Companies Act, Tax, Commercial Law and legal issues relating to security.
• Has excellent verbal communication, presentation and report writing skills.
• Keeps up to date with news and events that might affect various individual counterparties and portfolios.
• Has a good understanding of credit grading and credit pricing models.
• Can model, assess and advise on industry and company specific risks.

You will be an ideal candidate if you have:

• Relevant Degree
• Have 3 to 5 years of experience in a similar environment.
• Knowledge in Agric lending

You will have access to:

• Opportunities to network and collaborate.
• Challenging Working
• Opportunities to innovate.

We can be a match if you are:

• Curious & courageous – you’re driven by always wanting to know more and learn more and you’re brave enough to
• Obsessed with mastery – you know what it takes to become good at what you do and constantly push yourself to do it.
• Thrive in a collaborating environment.

Business Judgemental Credit Manager – Johannesburg

Job Description

To evaluate, manage and approve complex credit risk within area of responsibility by providing advice, recommendations and support to internal stakeholders through the implementation of group credit mandates, risk frameworks and methodologies.

To provide coaching and mentoring to relevant internal (Business Judgemental Credit Manager I) and external teams (Relationship Managers).

• Manage respective portfolio within the banks risk appetite and asset growth budget and target.
• Assess and approve annual review and/or ad hoc requests of all counterparties within allocated portfolio and mandate structure.
• Assess and approve any escalated applications as and when required.
• Conduct client visits with frontline sales representative as and when required.
• Present to Credit committees determined by mandate levels (e.g., Commercial Credit Committee, Provincial Credit Committee and National Pre-screen Committee).
• Active member of Regional Credit Committee.
• Identify and manage credit risk at origination on an ongoing basis.
• Daily excess monitoring of counterparties in their portfolio.
• Monthly/ Quarterly/ Bi- annual or Annual covenant compliance monitoring Approve or recommend counterparty exposure across multiple products (working capital facilities as well as specialised finance and term loans) for area of responsibility.
• Assess and approve credit in terms of approved mandate through quantitative and qualitative analysis, to minimise Credit Risk to the business and manage the credit approval process.
• Assess credit applications, structure and compile proposal for presentation at the credit committee or higher mandate holders.
• Ensure credit approvals are conducted within appropriate governance (legislative and audit), process and mandate requirements.
• Ensure average approval turnaround time on deals and related reworks within acceptable norms.
• Workflow management within agreed SLA’s.
• Provide on the job coaching and guidance to the Credit Manager I.
• Participate in planned activities that are appropriate for own development.
• Develop, encourage and nurture collaborative relationships across area of specialisation.
• Develop and manage key stakeholder relationships that enable achievement of operational objectives.
• Drive customer service delivery goal achievement in line with predefined standards and in support of operational objectives.
• Ensure compliance to legislative and audit requirements and adherence to relevant processes.
• Maintain expert knowledge on relevant legislative amendments and industry best practices and provide advice to relevant stakeholders.
• Maintain up to date knowledge of local and global trends

Credit Analyst – RCS (Cape Town)

Job Description

Hello Future Credit Analyst,

Welcome to RMB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.
RMB is a place where exceptional people create their own opportunities by challenging the conventional and driving sustainable impact.
United by our proud heritage, strong ethics and philosophy of Traditional values. Innovative ideas, it’s the magic of our people and culture that sets us apart.
Now, is the time to imagine your next move with South Africa’s number one employer in Financial Services for 2023, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.

• Unpack and critically think about the risk of new and existing deals for clients across a broad range of geographies and industries, which includes:o   Engaging with the client,o   Interrogating a client’s business model and identifying risks, o   Assessing financial data put forward by the client, o   Building a financial model to forecast performance or assessing a model put forward by the client or the client’s advisors for accuracy and appropriateness, o   Working alongside the deal to structure a deal in line with the risk philosophy of the bank,o   Assessing and managing overall limits for a client in line with the bank’s risk frameworko   Putting forward a deal for recommendation after objectively assessing all the facts. ·       Prepare and present the risk to risk executives in a committee sitting which involves:o   Taking ownership of the application which requires strong report writing skills,o   Managing the timelines of a deal in line with the agreed-upon submission deadline, ando   Presenting a deal at committee and working together with the deal team to take questions and answers which require strong verbal skills, the ability to debate and manage differing views and ultimately influence and negotiate a good outcome for both the client and the bank. ·       Stakeholder and relationship management, which includes: o   Building and maintaining professional working relationships with all stakeholders, which includes working alongside experienced business and risk executives and acting as a bridge,o   Adaptation of communication styles to meet the needs of different audiences, ando   Conflict management. Key characteristics to thrive in this role include:·       Strong work ethic with a self-starter attitude and a keenness to take ownership of the role’s opportunities and personal development,·       Resilience and an openness to receiving and sharing feedback,·       Ability to handle stress well, which includes self-management of workload (2 to 3+ deals at any point in time), quick adaptation to deal changes, prioritization of deals, and open communication on capacity.

Minimum Requirements:

Ideally CA (SA) or CFA with relevant credit analyst experience within Investment Banking.

Collections and Recovery Manager

Job Description

To manage the legal collections of arrears and bad debts of all Bank products, by leading collection staff with the aim to keep provisions in acceptable limits and reduce losses to the bank

Hello Future Collections and Recoveries Manager

Welcome to FNB, where we believe help is at the heart of human greatness. Our vision is to be a great business helping to create a better world.

As part of our talent team, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential in a team where experts come together and ignite effective change. 

Are you someone who can:

• Achieve expected targets for cures and recoveries and deliver required service levels.
• Authorize debt recovery arrangements and terms with clients / collectors and manage client’s complaints to ensure speedy recovery.
• Authorize legal collections work to attorneys to ensure most optimal legal collections.
• Rehabilitate credit worthy client relationships.
• Communicate instructions to attorneys in line with LDA and instructions from superiors to ensure speedy and corrective action.
• Ensures that risk is mitigated and escalated where necessary.
• Authorize handovers within delegated limit to collect any possible funds from defaulters to reduce losses.
• Approve files for legal action within delegated limit.
• Approval of any corrections and reversals on legal accounts which are processed by collectors to ensure correct status on the system and always minimize queries.
• Approve and sign off correspondence concerning legal matters.
• Contact clients to agree collection of arrears as a last effort before engaging the legal process to reduce cost and enhance optimal collections.
• Ensure all legal collections processes are followed with minimal impact on impairments and provisions.

You will be an ideal candidate if you:

• Diploma in Credit or any other Finance related Diploma/Degree
• 5 – 7 years Banking experience, including knowledge in credit and legal collection process.
• Proficient in Microsoft Office.
• Excellent verbal and written communication skills.

You will have access to:

• Opportunities to network and collaborate.
• Challenging Work
• Opportunities to innovate.

We can be a match if you are:

• Always doing the right thing – Fight for ethical conduct and transparency, both inside and outside
• Curious – Believe in insight, creativity, and its power to unlock value
• Deeply Invested – Take initiative and be a leader in your own right
• Valuing differences – Be inclusive, gracious, decent, and humble
• Building Trust not Territory – Crete a culture of sharing
• Courageous – We’ve built a culture of bravery by speaking our minds and encouraging others to do the same
• Accountability – Willingness to accept responsibility or to account for your own actions.

Credit Analyst

Job Description

To gather, analyse and draw insights from client financial information pertaining to credit risk.

To undertake key research of client business, industries, and legislation to derive insights from credit analyses.

Build relationships that allow for the managing of expectations, the sharing of knowledge and diverse insights, and the creation of buy-in.

Conduct a comprehensive financial analysis of client data to understand credit exposure and liability; conduct cash flow modelling, sensitivity analysis and other investigations as necessary.

Collaborate closely with key stakeholders and those who hold business relationships with clients to gain an intimate knowledge of the clients’ business, environment, and the industry they compete in.

Assess a wide range of credit structures and propose solutions to challenges.

Engage in scenario analysis and stress-testing to evaluate potential and actual risks.

Present findings and insights to line management and/or the credit committee, and provide recommendations where required.

Remain keenly abreast of industry and legislative developments and the impact thereof on portfolios.

Advise more junior team members on aspects of client credit reviews, assisting them in identifying risks, and providing expertise and guidance.

Develop and maintain strong business relationships with clients for the purpose of gathering relevant information and undertaking analyses.

Display and encourage an appreciation of teamwork and inclusivity.

Develop, encourage and nurture collaborative relationships across area of specialisation.

Ensure compliance with relevant statutory, legislative, policy and governance requirements in area of accountability.

Review existing processes and suggest innovative ideas to improve and streamline processes to drive efficiencies and minimise redundancy.

Accumulate information to review work progress that provides input to reporting, decision making and the identification of improvement opportunities.

Click here to apply

All the best with your applications.