Head of Corporate Credit (Strategy /Consulting /Legal) – Windhoek, Namibia

Reference Number: MTBW02

Job Description:

Our client, who is an esteemed banking service in Windhoek, Namibia, is in search of a dynamic and experienced professional to join their team as the Head of Corporate Credit. In this pivotal role, you will be co-responsible for standing in as second in charge for the Executive Officer: Credit in their absence. You will play a critical role in assessing credit applications within your allocated mandate, managing aftercare for all credit allocated to clients/groups in the top group exposures, and leading a team of credit officers and admin staff to achieve their targets.

Responsibilities:

1. Credit Policy and Strategy:

• Assess credit applications within your allocated mandate.
• Manage irregular credit within your portfolio for all asset products.
• Limit provisions for bad debts.
• Assist in updating and maintaining the bank's Credit Policy and Strategy.
• Evaluate and improve the credit assessment process.
• Revise the Credit Risk Framework and Sanction Policies as required.
• Stay updated on industry developments and credit trends.
• Continuously adapt the bank's credit strategy to align with market needs and trends.

2. Service and Consulting:

• Provide outstanding service to departmental clients (branches).
• Act as an advisory resource for credit-related queries.
• Conduct client visits and interviews.
• Deliver training to staff and colleagues on handling client queries.
• Efficiently address and resolve client complaints.
• Reduce turnaround time for credit application processing.
• Offer guidance to Business and Credit Managers.
• Ensure compliance with legislation and regulations.
• Adapt to changes in the macroeconomic environment.
• Evaluate business credit performance.

3. Credit Assessment and Aftercare:

• Review and approve credit applications.
• Ensure correct evaluation of loans before approval by mandate holders.
• Ensure adherence to legislations and regulations.
• Manage non-performing loans for rehabilitation.
• Assess credit within your allocated mandate.
• Control provisions and bad debts within the corporate credit sphere.
• Handle internal and external queries related to corporate credit.
• Develop MIS reports for portfolio management.

4. Legal:

• Assess accounts transferred to Legal Collections Branch.
• Investigate actions taken by branches to limit potential losses.
• Report instances of staff exceeding their mandates.
• Increase collections and recover bad debts.
• Manage non-performing loans and credit limits.

5. Reports:

• Manage various reports related to irregular credit.
• Control ad-hoc reports as needed.
• Ensure accurate reports are submitted to relevant departments.

6. Consulting:

• Be available to assist branches in matters outside their expertise.
• Identify training needs and liaise with the Learning and Development Department.

7. Collateral Compliance:

• Ensure compliance with legislation and regulations.
• Oversee collateral linked to the corporate credit portfolio.
• Review and verify collateral information.
• Address policy exceptions and material issues.
• Monitor and reconcile loan associate activities and payments.

8. People Management:

• Implement and manage HR processes within the corporate credit function.
• Ensure compliance with HR policies.
• Maintain accurate HR records.
• Conduct regular performance discussions.
• Administer customer satisfaction surveys.

9. Specialized Functions:

• Assume responsibilities for ALCO, Credit Risk Forum, Risk Committee, Counterparty/Treasury facilities, Project Management, Structured Finance, Strategy of Credit Department, and Board Credit Committee.

10. Risk Management:

• Undertake risk management responsibilities as delegated by the Principal Risk Owner.

11. General:

• Be adaptable to perform any reasonable and lawful instructions from your supervisor.

Requirements:

• Minimum Bachelor's degree in Finance/Risk/Legal (B.Com or similar). A Hons or Master's degree will be an advantage
• Knowledge of system and processing activities
• 10 years' experience in Credit and Market risk environment
• Computer literate (MS Word & MS Excel)
• Knowledge of different regions within Namibia
• Analytical and technical skills

Benefits and Contractual information:

• Full time position
• Candidates within Namibia to only apply.
• Remuneration package to be discussed after interview.

If you wish to apply for the position, please send your CV to Matthew Taylor at [email protected]

Please visit www.caglobalint.com for more exciting opportunities.

Matthew Taylor

Recruitment Consultant

CA Finance

CA Global will respond to short-listed candidates only. If you have not had any response in two weeks, please consider your application unsuccessful however your CV will be kept on our database for any other suitable positions.

CA Global Headhunters is an international staffing company with a specific focus on recruitment in Africa. Our extensive, diverse candidate network built up over 10 years comprises the most skilled and experienced candidates. We recruit talent of the highest standards across African sectors, including Mining, Oil & Gas, Engineering, Banking, Finance, Legal, Insurance, Commodities, and Agriculture. As African markets continue to grow and develop, so too does our skill and expertise, ensuring that we deliver the best service to both clients and candidates.

Thanks to our access to global networks and resources, we understand our clients’ cultures, operations, business strategies, and industries. We are always on par with the latest technologies and trends which assist us in sourcing the best talent for clients. Whatever stage of the project lifecycle, we can put forward the right candidates with the right skills.