MAIN FUNCTIONS OF THE JOB INCLUDE:<\/p>\n
Credit Proposals<\/p>\n
\tAnalysis of financial statements and management accounts in order to assess financial performance of applicants as well as guarantor entities which includes preparation of Income Statement, Balance sheet spread and consolidation of Information where applicable
\n\tAnalysis of Value Added Tax (VAT) returns and Management Accounts
\n\tResearch of market trends, perform qualitative reviews, Corporate ratings and determines affordability of repayments
\n\tAssess and compile information provided by CM and CRM on clients\u2019 background, nature of business, location, Management, customer and supplier information for proposal.
\n\tRequests Kreditinform report to determine clients Credit history, bank reports and security confirmations if it is related to a trade client
\n\tCreates a SWOT analysis in order to identify risks associated with clients thus highlights the banks awareness to potential hazards
\n\tSummarises detailed needs and requirements of clients and comments on utilisation
\n\tPrepares and updates detailed manual exposure report for Group in terms of security by ensuring securities are correctly loaded, qualitative review status is updated, valuations are up to date.
\n\tProvides sensitivity analysis for each application within the proposal
\n\tPrepares information sheet and requests Trust reviews from Legal department
\n\tIdentifies risks with respect to client and\/or Industry and mitigating factors
\n\tResponds to queries made by Management Credit Committee (MCC), Executive Credit Committee (ECC), Board Credit Committee (BCC) and Board of Directors (BOD) relating to the proposal as and when required
\n\tPrepares Executive summarises for Board Credit Committee (BCC) and Board of Directors (BOD) submissions
\n\tValue added \/ innovation \/ risk assessment incorporated in credit report
\n\tMaintains and updates internal Corporate Task List<\/p>\n
General<\/p>\n
\tConducts analysis of book debts on a monthly basis for clients, whose cession of book debts are held as security which entails liaising with clients to determine recoverability of book debt balances that are outstanding.
\n\tUpdating and management of SM items, Other Conditions, Covenants.
\n\tFollows up on financial information required from clients such as financial statements, management accounts, VAT returns, Assets and Liabilities statements, Income and Expenditure statements, Banking details and queries relating to Financial statements, etcetera.
\n\tUpdating and Management of the Tech Support Log
\n\tLiaise with supporting departments in respect of queries, requests, etc.
\n\tAd hoc requests as required by Supervisor and Managers.<\/p>\n
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
PREFERRED EXPERIENCE<\/p>\n
\tAt least 2 years\u2019 experience in the Banking industry, specifically with Credit \/ Accounting experience.<\/p>\n
KNOWLEDGE<\/p>\n
\tiMAL
\n\tMs Office<\/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
Apply via company website ( N \/ A ) or<\/p>\n
albaraka.mcidirecthire.com<\/p>\n
<\/p>\n","protected":false},"author":2,"featured_media":0,"template":"","meta":{"_promoted":"","_job_location":"","_application":"http:\/\/albaraka.mcidirecthire.com","_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":[16],"job-types":[12],"class_list":["post-24722","job_listing","type-job_listing","status-expired","hentry","job_listing_region-kwazulu-natal","job-type-full-time"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-listings\/24722","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=24722"}],"wp:term":[{"taxonomy":"job_listing_region","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job_listing_region?post=24722"},{"taxonomy":"job_listing_type","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-types?post=24722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}