Credit Risk Analyst (Post-investment Monitoring and Collections)

Industry: Government / Job Expires: 2024-05-31 00:00:00 / Location: Gauteng

Purpose

• The primary purpose of this role entails active monitoring of the financial performance and client engagement to ensure recoverability of the company exposure investments. This involves analysing key financial metrics, identifying trends, and assessing the overall health and profitability of the investment portfolio.

Minimum Requirements

• Bachelor’s Degree or Postgraduate in Finance.
• Preference will be given to candidates with an advanced qualification such as a Masters in Development Finance, or MBA, or CFA, or CA (SA).
• Minimum of 5 years’ experience in structured credit, Investment environment, development finance and Corporate finance.
• Knowledge of IFRS reporting standards, Corporate Governance, insolvency law NCR and NCA, and related legislation.

Main Duties

Portfolio Risk Management

• Regularly assess financial performance and credit risk, identify potential issues, and create action plans. Document findings in detailed reports and monitor client progress to proactively manage credit risk.
• Facilitate timely payments from borrowers to maintain healthy cash flows and minimize the risk of delinquencies or defaults.
• Ensure adherence to the terms of debt, quasi-equity, and equity investments, aligning with the company mandate, risk tolerance, and strategic direction.
• Ensure receipt of management accounts for analysis of the loan covenants.
• Ensure receipt of annual financial statements for analysis of the loan covenants.
• Manage the company risk exposure by reconciling and validating management accounts, analysing and obtaining explanations for variances to highlight risk issues early.
• Conduct an annual risk review (where necessary) to better understand business operations and processes. Prepare a report based on these reviews which include decisions and recommendations on action needed, if applicable.
• Conduct an in-depth historical financial analysis, analyse financial forecasts, and do sensitivity analysis to assess client viability and going concern.
• Conduct an in-depth analysis of business back and front-end systems, quality of system-produced reports, and business compliance with relevant statutory bodies.
• Conduct client reviews and regular engagements to understand their evolving credit risk profiles. This would entail maintaining proactive communication with clients to assess any changes in their financial circumstances and mitigate potential risks accordingly.
• Ensuring that disbursements are processed timely, and checking whether they meet the requirements.
• Ensure that the disbursement also meets conditions agreed upon for approval.
• Institute systems and processes for the implementation and control of credit policies and risk management procedures on the programs.
• Conduct thorough market research, industry peer reviews, and benchmark key performance indicators to evaluate potential finance opportunities.
• Review and ensure all credit and investment proposals comply with the company policies and risk appetite.
• Create thorough written analyses for credit requests or proposals after approval.
• Present findings, analysis, and recommendations regarding post-approval changes at sanctioning committee meetings.

Monitoring and Reporting

• At the start of each month monitor analyse each client's account to ensure that payment has been received.
• Monitor the compliance with lending restrictions and reporting events of defaults.
• Prepare risk review reports for the company committees highlighting identified risks and recommended risk-mitigating measures.
• Attend credit committee meetings, and answer questions regarding specific risk reviews.
• Monitor client’s performance by implementing and evaluating portfolio risk management programs, validating client data accuracy and integrity, and updating client information to assess and monitor client portfolio performance.
• Monitor assigned loans and or loan types, as directed, every quarter to ensure credit quality.
• Ensure contractor loan agreements are correctly executed and filed in safe custody.
• Monitor credit policies and procedures and ensure that they are implemented in accordance with how they were approved.
• Generate detailed reports on investment performance, risk assessments, and compliance for the company committees to support informed decision[1]making and organizational transparency.
• Audit compliance with any other legal agreements and relevant legislation.

Manage Own Training and Productivity

• Monitor and evaluate own work progress.
• Develop individual competencies as required to ensure are ready for promotion should the opportunity arise.
• Ensure own performance reviews are completed and recommendations actioned.
• Ability to assess credit, quasi-equity, and equity risk and prepare necessary submissions to the various
• Committees for new clients and those being appraised for restructure, etc.
• Ability to manage and direct the due diligence process for existing clients.
• Ability to conduct market research and benchmarking exercises.
• Understanding of credit, equity, and quasi equity lending and investment structures
• Strong financial modeling, deal structuring, corporate finance, private equity, project finance, due diligence, analytics, and valuations.
• Understanding of the post-investment monitoring and collections strategies.
• Collaborate with to monitor key and specific conditions captured in the legal agreements throughout the life of the loan.
• Extremely good writing and presentation skills
• Experience in working in a highly collaborative environment.
• Ability to manage multiple competing priorities while collaborating with stakeholders.

Location: Johannesburg

Duration: Full time

N.B: By responding to this advert, you consent to Heitha Staffing Group processing your personal information for recruitment purposes and confirm that any personal information has been submitted voluntarily. Applicants will be requested to fill in and sign a POPI Act Consent Form.

Only shortlisted candidates will be contacted. If you have not heard from us in 4 weeks, consider your application unsuccessful.

To apply please send your CV to Itumeleng@heitha.co.za and Refilwe@heitha.co.za