Credit Head Job in Johannesburg
Job Description
Credit Head Job. The Credit Head plays a central role in shaping the institution’s lending strategies. With a wealth of experience in credit analysis, underwriting, and portfolio management, they navigate the complexities of the financial market with precision and foresight. The Credit Head serves as a guardian of financial stability, driving sustainable growth while safeguarding against potential risks. As a trusted leader and visionary in the field of credit management, they steer the organization towards profitability and resilience in an ever-evolving economic landscape.
Responsibilities of Credit Head Job
- Take primary responsibility for debt restructuring (and chairing the debt restructuring credit committee) but also be required to manage the ongoing- or post-payout risk management.
- SME portfolio risk and legal recoveries functions.
- Support the SME portfolio risk manager and team from a best practice, cost efficiency, and portfolio monitoring point of view.
- Support the head of legal recoveries from a strategic and complexity point of view with respect to both the NPLs and off-balance sheet / residual portfolios.
- Has an appetite for ongoing process improvement, dealing with the next new challenge. whether it be e.g. the integration of a new acquisition or the exit of a legacy challenge and constant ‘thinking out the box’.
Requirements
- A fair degree of international travel will be required, reducing as relationships are built and trust earned. Ad hoc crises may require country visits as and when required.
- Shortlisted candidates will be required to attend a full-day scoping workshop. Also to understand the role, scope of work, and portfolio coverage.
- Directly manage a local team of 3, and a further approximate complement of 30 indirectly, across various countries/subsidiaries.
Education and Experience
- Have a LLB; and/or CA(SA); and/or MBA.
- Insolvency Law; and/or Diploma in Business Rescue or Advanced short course in Business Rescue Practice; and/or Similar legal, business, insolvency, business rescue qualifications.
- At least 15 years of working experience; and/or / preferably.
- In a Banking, Financial Services, or Legal environment; and/or
- Related to Commercial, Corporate, Asset Based Finance, FI exposures (not Retail); and/or / preferably.
- Exposure to various jurisdictions in sub-Saharan Africa, or differing cross-border commercial and legal jurisdictions.
