Manage accounts and the recovery of bad debt under liquidation/ insolvency/ insolvent deceased estates
Contributeto minimising financial loss and mitigating risk on behalf of the companyKPA's:
Optimal recovery on sale of security
L&D accounts, objections
Assist in legal recovery process
Team support, general support
3 year legal qualification
5 years experience in recoveries/ debt collection in an Insolvency Practice/ environment
Knwledge of Companies Act, NCA, CPA and other relevant legislation
Key Performance Areas:
Other Key Competencies:
If you have not been contacted for an interview within 2 weeks of the closing date, please assume that your application was unsuccessful.
To package the credit submission documents for Credit Committees on behalf of the business origination team.
• To act as consolidator of inputs from team members in the development of the business case for loan applications – inclusive of working on a team-basis with members of the Origination team in the Provincial Office and the Credit Analysts in Head Office.
• Financial Modelling, Analysis & Deal structuring
• To provide recommendations on the viability of the loan application based on analysis and interpretation of, amongst others:
o The business case
o Financial statements – inclusive of cash flow projections
o Risk Considerations and Mitigation thereof
o Security and Collateral
o Development, Social and Environmental Impact considerations
Key Performance Areas:
1. Assessment, motivation, and packaging of credit applications
2. Stakeholder Relationship Management
3. Compliance and Risk Management
Minimum Educations and Experience:
NQF Level 5: or Relevant three year qualification - BTech in Credit or Risk Management, -
Undergraduate Degree in Commercial / Business Sciences / Risk Management / Investment Management
3 - 5 years post qualification experience which will typically include the following - Experience as a Credit Analyst, or relevant credit / lending assessment experience in a commercial or corporate banking environment -
Experience in a Financial Services Lending environment - Relationship management experience in a customer facing environment - within an agricultural environment an advantage
BComm of BSc or equivalent (3 year degree) in Information Systems/ Computer Science, etc.
Membership of Internal Auditors Institute
SAP certification advantageous
Minimum of 6 years experience as an information system auditor
3 years experience in financial services
IT Audit Planning:
IT Audit Execution:
Reporting and Stakeholder Management:
We looking for someone with the following Professional skills and key competencies:
The person should display the following attributes:
Qualifications and Experince:
To provide thought leadership and set primary agriculture lending evaluation norms and standards that will support the Bank’s credit assessment process for purposes of decision making processes while ensuring alignment to agriculture industry norms and trends and establishing a standardised approach across the organisation
BSc Agric Major (Agricultural Economics, Animal production, Plant and Soil studies)
Post graduate technical studies in agriculture: Agricultural Finance and Management
12 - 15 years Experience in agricultural and agricultural financial environment
5 years Experience in management and Farming Operations
Analyse agricultural economic conditions to establish evaluation and debt serviceability norms
Identify the need to analyse agricultural economic conditions (national, regional and local) for primary agriculture sector
Determine the analysis requirements:
monitor economic and physical climates and trends and the impact on markets and growth prospects
conduct agricultural economic environmental scans to identify aspects that could influence the Company's risk position
investigate cost structures and price trends of different enterprises to build evaluation norms into evaluation tools for Agri Specialists (AS)
handle ad hoc queries from Research and Operations Departments
Perform quality management
Define evaluation norms and approaches and educate Agri Specalists (AS)
Ensure that AS’s adhere to evaluation norms in accordance to the Company's approved norms and standards e.g. loan evaluation standards
Review AS inputs and adjust norms if relevant
Update the valuation norms of the AS’s decision making tools
Oversee reports of Manager AS (Credit)
Maintenance of the evaluation tool of retail credit (Bank Form 90)
Facilitate evaluations (recoveries, legal recoveries) of stakeholders
Oversee and provide technical training to the AS’s
Audit AS quality to ensure adherence to standards and processes
Attend CAC & CCC meetings, of facilities with a total exposures above R10 million and make recommendations to motivate the granting or not of a loan/facility
Formulate and implement valuation policy & organisational guidelines (manual)
Analyse the market conditions to formulate the valuation policy
Implements and enforces the valuation policy approach, guidelines and mechanisms for
application throughout Commercial Development Banking (CDB)
Sets guidelines relating to valuation frequency and routine inspections
Audit adherence to valuation policy and manage infringements
Provides guidelines and manuals as well as training to relevant stakeholders on the valuation
manual and policy
Review valuation policy and manual within Company regularly
Review and implement retail evaluation norms and update evaluation tools (Bank Form’s)
Recommends and Submit new evaluation norms for approval
Builds revised evaluation norms in to BF’s and distributes, educates and updates
Sets standards within the Bank Form system that enforces quality completion as well as commentary for overrides of information with regards to retail evaluation norms
Audit samples of completed BFs and highlight trends, non-compliance, risks and proposed remedial plans
Review retail evaluation norms regularly with inputs from internal stakeholders.
Ensure the evaluation norms are in line with industry and market trends without exposing the Company to unnecessary risks
Manage stakeholder relationships
Relevant 3 year legal qualification
Qualification in Insolvency or equivalent
5 years Experience in the recoveries or debt collection environment in an Insolvency Practice or environment
Assess the asset position of the debtor, to ascertain the Company's recovery prospects, including possible threats that might jeopardise the Company’s claim, and identify best possible solutions to protect Company’s interests
Prepare and submit memorandum for authorisation to prove claims
Submit claim documents to Presiding Officer
Attend creditors’ meetings to protect the Company’s interest,
Optimal recovery on sale of security:
Prepare memorandum for consent to sell security and draft consent letter
Prepare authorisation for reserve price
Prepare memorandum for acceptance of offers/abandonment
Advise Trustee/Liquidator of resolutions
Prepare documentation regarding abandonment of assets
Draft letter of consent to transfer fixed property
L&D Accounts, Objections:
Scrutinise Government Gazette report for publication that L&D/final L&D is laying for inspection at the Master’s Office
Scrutinise all L&D accounts to protect the Company’s interest
Lodge objection with Master of High Court in respect of discrepancies and infringement of Company’s rights
Issue Certificate of Completion
Assist in legal recovery process
3 year Tertiary Qualification (Commerce) Majors Accounting; or a 3 year Credit Management Diploma
A 3 year BSC Agric (Agricultural Economics) Degree
Certified Associate of the Institute of Bankers (CAIB) (SA)
3 years Relevant credit assessment experience
Credit Assessment and Risk Management:
Carry out full credit assessments within allocated portfolio
Check the credit submission for completeness, including accompanying documents in terms of the approved loan guidelines.
Ensure that all relevant information and documentation has been received from the operations as per the agreed checklist
Follow up with the branches to ensure that all supporting documentation is complete
Ensure that loan applications conform to the set standards, highlight anomalies and suggest corrective measures
Align products to the purpose of the loan and the Credit Policy to suit customer’s needs
Stakeholder Relationship Management and Team Support
Build relationships with all the relevant stakeholders to ensure understanding of
requirements and addressing any credit related issues
Respond to queries received from the Branch operations and the relevant Credit
Promote a culture of credit risk management at branch level.
Provide guidance and training to operations on credit related matters
Adhering to legislative requirements
General Administration and Audit Matters:
Ensure that documentation is archived in accordance to the Bank’s policy for record and audit purposes
Attend to audit findings as and when required within area of responsibility
Take remedial action on all audit findings and ensure that issues are resolved or addressed
Ensure recording of all credit committee meetings are loaded on the v-drive
Ensure feedback is given to all the relevant stakeholders on outcome of the application
Loan Policies and Procedures:
Provide input to policies and procedures and updates and identify opportunities to improve as and when required
Provide inputs on lending norms and credit criteria to be applied on new products
Participate in the review of Credit Policies and procedures.
Ensure that the branches are informed of changes to policies and/or of credit policies and procedures that have been approved
Provide guidance to the operations at branch level to ensure consistency and a
Manage the end to end credit process of Commercial Development and Business Banking clients in order to enable Company to provide sustainable financing to Commercial Development and Business Banking farmers.
Collectively approve loans and credit limits under delegated authority within the Commercial Credit Committee (CCC) structure and review transactions for recommendation within delegated authority mandate.
Find innovative credit solutions for Commercial Development and Business Banking clients in order to ensure that credit risks in this target market are adequately assessed, mitigated and controlled.
Co-ordinate Commercial Credit Committee (CCC) , Credit Adjudication Committee (CAC) and Pricing Committee meetings; manage committee processes and policies, and act as an information and reference point for the Chairman and other committee members.
Manage, control and authorise tasks performed by subordinates ( output of the Credit Analysts and Credit Administrators)
Effectively liaise and communicate with the relevant stakeholders within the company to action performance gaps and variances in the credit evaluation process.
Actively provide input in the review and or improvement of the Credit Policy and Procedures in order to enhance and ensure that the legal and business requirements are met.
Management of the records ( minutes, agendas, decision forms, registers, ratings and declarations) and safe keeping of all CRMC, CCC, CAC and Pricing committee meetings attended
A relevant 3 year qualification (Degree/Diploma e.g. BCom or BTech)
BSc Agriculture degree could be considered with relevant commercial experience
Postgraduate qualification in Business / Commercial / Agriculture
Accounting / Commercial/ Agricultural qualification will be an added advantage
Member of IOB/SAICA
5 – 8 Years
Credit management experience which includes:
Commercial Credit Finance/Business Banking deal structuring
Structured trade and commodity finance
Strong Financial and Credit Analysis and Assessment background
Evaluation of existing business restructure
Managing turnaround time.
Participate in implementing the vision of the Institute and ensure it achieves its strategic goals related to research programmes,
Provide research development and management support, provide administrative, and operational support to the directorate,
Support the program director/s by performing duties related to planning, directing and coordinating both the research and operational activities of the Company's programmes;
Organising national and international conferences, workshops, seminars, provide reports as required
SKILLS AND ABILITIES
Project management, stakeholder relations, monitoring and evaluation, understand international relations and diplomacy,
experience in policy development and management; excellent communication skills, holding people accountable; contributes to maintaining the integrity of the organisation, displays high standards of ethics,
mobilises people to work toward a shared purpose in the best interests of the departments, ability to lead and manage others.
A PhD in Humanities/ Social Sciences and leadership experience is essential
At least 5 years hands on experience in research management
• Advanced stakeholder and people management experience
• Advanced knowledge and practical experience of Microsoft Office package
(Word, Excel, PowerPoint)
• Knowledge of operations of standard office equipment,
• Knowledge of database management and administrative procedures and systems such as filing, record keeping etc.
Analyse, Categorise Sort and Scanning of Historic Company Documents
Analyse the document types with each file to determine the different documents based upon the file plan structure.
Manage documents and files in accordance with policies, procedures and legal requirements.
File Documents in the required structure within the Boxes allocated.
Sort and prepare file documents for scanning.
Re-File Documents in the correct order according to file "types"
Capture client specific keywords, document type and metadata
Ensure all documents are physically packaged into the boxes as per agreed records management standards in readiness for archiving off site.
Quality assurance of documents on the system
Random checks on each indexers physical files and ensure errors are corrected on both the electronic and hard copy file.
Quality Assure scanned and indexed documents in terms of control and accuracy to mitigate risks associated with information security.
Applicants should have a minimum of a matric but will ideally have Records and E-Records Management training.
Onbase elecronic filing experience.
The ability to understand a file planning structure.
Electronic filing systems
Computer Literate (ie Microsoft office, on-base/electronic filing systems)
Attention to Detail (Accuracy)