CORE PURPOSE OF THE JOB<\/p>\n
\tTo provide for the preparation of Credit proposals required by the Executive Credit Committee, encompassing the analysis of clients\u2019 financial position in order to determine whether or not Finance can be extended for assets and\/or trade.<\/p>\n
Job Description
\nKEY PERFORMANCE AREAS<\/p>\n
Credit Proposals<\/p>\n
\tAnalyse financial statements, management accounts, VAT returns, and book debts to assess client and guarantor performance.
\n\tConduct qualitative reviews, market research, and corporate ratings to determine client affordability and risk exposure.
\n\tPrepare comprehensive credit proposals, including financial spreads, sensitivity analyses, and SWOT\/risk assessments.
\n\tGather and verify client information, including business background, credit history, and security details.
\n\tMaintain and update exposure and security reports on internal systems, ensuring data accuracy and compliance.
\n\tCollaborate with Legal and Credit Committees (MCC, ECC, BCC, BOD) by preparing executive summaries and responding to proposal queries.
\n\tIdentify and communicate key risks, mitigating factors, and value-added insights in credit submissions.<\/p>\n
Analysis of book debt<\/p>\n
\tAnalyse clients\u2019 book debts monthly to assess recoverability and determine updated security values.
\n\tPrepare and maintain book debt schedules, including security valuations and risk ratings.
\n\tLiaise with clients to resolve book debt queries and ensure accurate reporting.
\n\tProvide analysis insights and respond to queries from the Management Credit Committee (MCC)<\/p>\n
Trade Review Finance<\/p>\n
\tMaintain and update trade finance review registers and tracking schedules for all trade and revolving asset facilities.
\n\tRecord and monitor key details such as review dates, facility levels, approvals, and submission timelines.
\n\tTrack outstanding information for each application and follow up to ensure timely completion and compliance.<\/p>\n
Review Letters<\/p>\n
\tPrepares trade review letters requesting financial information from clients and\/or the clients accountants for annual trade reviews.
\n\tFollows up on receipt of letters and submission of information on an ongoing basis.<\/p>\n
General<\/p>\n
\tFollow up with clients for required financial information and documentation (e.g., statements, VAT returns, and banking details).
\n\tPrepare annual Corporate Murabaha commercial property reviews for submission to the Credit Department.
\n\tObtain and verify FICA documentation for all clients.
\n\tPrepare facility levels post-approval, load securities, and complete compliance checklists.
\n\tCapture applications on internal banking system and maintain accurate and up-to-date deal files.<\/p>\n
Job Requirements
\nQUALIFICATIONS<\/p>\n
\tA degree or relevant qualifications in Finance \/ Accounting will be required in order to meet the requirements of the role at the highest level of competence.<\/p>\n
EXPERIENCE<\/p>\n
\tA minimum of 2-3 years\u2019 experience in the Finance\/ Accounting environment<\/p>\n
KNOWLEDGE<\/p>\n
\tCredit Lens
\n\tMs Office
\n\tIMAL
\n\tTASL (Technical Advance Support Log)
\n\tSharePoint
\n\tCredit Portal<\/p>\n
Knowledge of the following:<\/p>\n
\tCredit Policies and Procedures
\n\tShariah Banking principles
\n\tBanks policies and procedures
\n\tBasic knowledge on the Banks Products and Services
\n\tFinance and Accounting<\/p>\n
go to method of application \u00bb<\/p>\n
Apply via company website ( N \/ A ) or<\/p>\n
<\/p>\n","protected":false},"author":2,"featured_media":0,"template":"","meta":{"_promoted":"","_job_location":"","_application":"","_company_name":"Al Baraka Bank South Africa","_company_website":"http:\/\/N%20\/%20A","_company_tagline":"Al Baraka Bank, registered in South Africa since 1989, pioneered Islamic banking in this country in response to an identified need for a system of banking which adhered to Islamic economic principles. The bank, with its Head Office in Durban and a strategically located national branch network, is So... read moreuth Africa\u2019s only fully-fledged Islamic bank and is a subsidiary of the international Al Baraka Banking Group B.S.C., which has established one of the largest international Islamic banking groups in the world.","_company_twitter":"","_company_video":"","_filled":0,"_featured":0,"_remote_position":0,"_job_salary":"","_job_salary_currency":"","_job_salary_unit":""},"job_listing_region":[11],"job-types":[12],"class_list":["post-22728","job_listing","type-job_listing","status-expired","hentry","job_listing_region-gauteng","job-type-full-time"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-listings\/22728","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-listings"}],"about":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/types\/job_listing"}],"author":[{"embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/users\/2"}],"wp:attachment":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/media?parent=22728"}],"wp:term":[{"taxonomy":"job_listing_region","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job_listing_region?post=22728"},{"taxonomy":"job_listing_type","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-types?post=22728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}