Manager, Retail Credit Profit Margin and Budgeting at Capitec Bank

Purpose Statement

• To recommend strategic changes to credit policy using profit optimisation based decision analyses, at both the portfolio and segmented level.
• Manage credit risk as the first line of defence, through a focus on understanding the development of bad debt as against Board approved risk appetite targets.
• Act as the catalyst for Credit profit optimisation to encourage a shared language, way of work and shared tools, across departments involved in target setting and monitoring of the credit life cycle.

Experience

Min:

• At least 7 years’ proven experience in Credit within the financial services / retail banking industry
• At least 3 years’ experience in product costing, pricing and profitability measurement as well as related systems, processes and procedures

Experience in:

• Drafting business plans, presenting and finalising strategies
• Business analysis: Design and implementation of processes and procedures
• Managing a team of specialists/professionals

Ideal:

• At least 5 – 6 years’ experience in product costing, pricing and profitability measurement as well as related systems, processes and procedures in the financial services / retail banking

Qualifications (Minimum)

• A relevant post graduate degree in Commerce
• A Relevant Professional Qualification in Accounting - Financial Accounting or Accounting - Management Accounting

Qualifications (Either/or)

• Qualified Chartered Accountant (CA)
• A relevant qualification in CIMA

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Knowledge

Knowledge of the following areas are required to perform the job:

Min:

• Business Analytics
• Understanding of accounting, budgeting, costing, pricing and provisioning principles as applied in a bank
• Income statement and balance sheet accounting transactions of a bank
• Project management principles and methodologies (able to maintain continuity on multiple projects, time management, planning and organisational skills)
• Financial systems & procedures
• Regulations pertaining to credit management
• Credit management systems
• Unsecured credit, including credit facilities and credit cards

Ideal:

• In depth knowledge of Capitec’s Credit Policy
• General understanding of the Banks Act Capital Regulations, National Credit Act and the implication for Capitec business and the Credit Bureau
• Strong credit industry knowledge
• Business analysis experience on a banking system
• Analytical experience on credit portfolio
• Bank governance experience (ALCO, Riskco, Credit Committee, etc)
• Book management – soft and hard collections and pay date management
• Payment systems (Authenticated Collections, Debit Order and Non-Authenticated Early Debit Order)

Skills

• Communications Skills
• Networking
• Computer Literacy (MS Word, MS Excel, MS Outlook)
• SQL Skills
• Commercial Thinking Skills
• Reporting Skills
• Negotiation skills
• Influencing Skills
• Interpersonal & Relationship management Skills
• Presentation Skills
• Facilitation Skills
• Analytical Skills
• Problem solving skills
• Strategic Thinking Skills
• Planning, organising and coordination skills
• Attention to Detail
• Project Management Skills (Methodolgy Specific)

Additional Information

• A valid driver's license and own vehicle is preferred
• Clear criminal and credit record
• Contactable via own mobile phone
• Willingness to travel nationally if and when required
• Ability and willingness to work in an open plan environment