Manager, Credit Quality Assurance

About the role

The Credit Quality Assurance Unit (CQAU) supports the Senior Manager in delivering a robust credit quality assurance programme that ensures sound quality in the credit portfolio through monitoring and review of the credit environment, processes and developments, and compliance with policies and approval terms throughout the life of each facility. The role focuses on portfolio monitoring, review and remediation of facilities in an assigned portfolio, with responsibilities allocated by geography, product or other specialism.

Key responsibilities

• Credit quality monitoring: scheduled and event-triggered checks of credit facilities and the credit environment, including site visits, adherence to credit policies, covenants and margining requirements, and recommendation of corrective actions.
• Credit portfolio reviews covering asset quality, the credit approval process, administrative and documentation completeness, collateral security and compliance with internal policies and covenants.
• Loan remediation: manage an assigned portfolio of distressed facilities within approved risk appetite, define work-out strategies such as restructuring and rescheduling, and collaborate with Business Development, Credit Assessment, Operations and Legal.
• Record keeping, collateral perfection and support to the Loan Quality Committee on staging and loan loss provisioning.
• Reporting: monthly, quarterly, half-yearly and annual reports to the Senior Manager and to Management, RISTRAC, EXMAF and relevant Board committees.
• Relationship management with rating agencies, industry associations and peer CQA units, and representing the unit in meetings and committees.

Required profile

• At least 8 years of banking experience, specifically in credit risk management, debt restructuring and recovery, and country and sector risk.
• Postgraduate degree in Commerce, Banking, Finance, Accounting, Economics or Risk Management, or a professional qualification in a relevant field.
• Knowledge of Africa's banking industry and of banking and lending laws across Africa.

Required skills

• Understanding of credit risk, credit risk mitigation and financing mechanisms such as structured trade finance, project finance and syndications.
• Competence in the MS Office suite (Word, Excel, PowerPoint).
• Good written and oral communication, leadership and people skills, and ability to work under pressure.