Expires 4 days from now
Credit Assessor
full-time
Windhoek,
Khomas Region,
Namibia
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Job Summary
To drive the execution of credit risk strategies that optimize the subsidiary’s credit portfolios from a reward versus risk perspective while balancing capital constraints and market sensitivity to levels of non-performing debt.
Job Details
Critical Deliverables /Core Accountabilities and Responsibilities
- Responsible for credit assessment of all lending products within mandated levels.
- Analysis of financial information in preparation of credit application to make a recommendation based on the findings, within the credit parameters, to be presented to a higher mandate
- Credit Assessor will be assessing various products namely but no limited to Home loans; Overdrafts, Personal Individual loans. (Knowledge of these products will be an added advantage)
- Ensure efficient implementation and compliance with Letshego’s policies, procedures relating to credit risk
- Oversee the administration of lending products, home loans, personal loans and overdrafts
- Provide recommendations on achieving set loan book performance
- Ensure that all loans and lending procedures comply with applicable regulations.
- Analyze new customer’s credit worthiness
- Provide training on credit assessment to front line staff (sales)
- Provide credit reports to Credit Manager
- Review and confirm collateral position of the client in preparation of credit applications
- Adhere to agreed turnaround times of credit applications without compromising validity and quality of assessment by complying with policies and procedures.
- Keeping abreast with changes in the micro and macro-economic, political, legislative and social environment in order to provide proper lending advice.
Requirements
- Grade 12 certificate with minimum of 25 points.
- A degree in finance / Information Systems /Economics or similar.
- Experience in credit management gained in Consumer Finance, retail SME or microfinance environment.
- At least 3 years’ experience in Credit Risk within Banking or Financial Services.
- Knowledge of local laws, rules and regulations.
- Understanding of credit risk strategies to maximize benefit from opportunities that arise to give some input to upside benefits to the business.
- Hands on experience with credit risk management systems.
About Company
Letshego Financial Services Namibia
Letshego is a Setswana term meaning ‘support’. At Letshego we provide financial support to our customers. Our new brand mark is a stronger, bolder and more modern depiction of the Letshego tripod.