Vacancy Details
Employer: NHFC
Purpose
The Credit Risk Analyst - Post-Investment Monitoring and Collections is a vital professional position, primarily tasked with overseeing and managing the investment portfolio that encompasses various affordable housing products. This comprehensive role revolves around several core functions aimed at optimizing the performance and sustainability of development finance exposures. The role entails active monitoring of the financial performance and client engagement to ensure recoverability of the exposure investments. This involves analysing key financial metrics, identifying trends, and assessing the overall health and profitability of the investment portfolio. The role is also responsible for evaluating and mitigating risks associated with the development finance portfolio, as well as overseeing the collection process from borrowers. The role involves supporting the Credit Risk Manager in credit and investment risk assessment processes, ensuring compliance with policies, and facilitating presentations to sanctioning committees.
Key Duties
- Regularly assess financial performance and credit risk, identify potential issues, and create action plans. Document findings in detailed reports and monitor client progress to proactively manage credit risk.
- Facilitate timely payments from borrowers to maintain healthy cash flows and minimize the risk of delinquencies or defaults.
- Ensure adherence to the terms of debt, quasi-equity, and equity investments, aligning with the mandate, risk tolerance, and strategic direction.
- Ensure receipt of management accounts for analysis of the loan covenants.
- Ensure receipt of annual financial statements for analysis of the loan covenants.
- Manage the risk exposure by reconciling and validating management accounts, analysing and obtaining explanations for variances to highlight risk issues early.
- Conduct an annual risk review (where necessary) to better understandbusiness operations and processes. Prepare a report based on these reviews which include decisions and recommendations on action needed, if applicable.
- Conduct an in-depth historical financial analysis, analyse financial forecasts, and do sensitivity analysis to assess client viability and going concern.
- Conduct an in-depth analysis of business back and front-end systems, quality of system-produced reports, and business compliance with relevant statutory bodies.
- Conduct client reviews and regular engagements to understand their evolving credit risk profiles. This would entail maintaining proactive communication with clients to assess any changes in their financial circumstances and mitigate potential risks accordingly.
- Ensuring that disbursements are processed timely, and checking whether they meet the requirements. Ensure that the disbursement also meets conditions agreed upon for approval
- Institute systems and processes for the implementation and control of credit policies and risk management procedures on the programs.
- Conduct thorough market research, industry peer reviews, and benchmark key performance indicators to evaluate potential finance opportunities.
- Review and ensure all credit and investment proposals comply with the company policies and risk appetite.
- Create thorough written analyses for credit requests or proposals after approval.
- At the start of each month monitor analyse each client's account to ensure that payment has been received.
- Monitor the compliance with lending restrictions and reporting events of defaults.
- Prepare risk review reports for company committees highlighting identified risks and recommended risk-mitigating measures.
- Attend Credit Committee meetings, and answer questions regarding specific Risk Reviews
- Monitor client's performance by implementing and evaluating portfolio risk management programs, validating client data accuracy and integrity, and updating client information to assess and monitor client portfolio performance.
- Monitor assigned loans and/or loan types, as directed, every quarter to ensure credit quality.
- Ensure contractor loan agreements are correctly executed and filed in safe custody.
- Monitor credit policies and procedures and ensure that they are implemented in accordance with how they were approved.
- Generate detailed reports on investment performance, risk assessments, and compliance for relevant Committees to support informed decisionmaking and organizational transparency.
- Audit compliance with any other legal agreements and relevant legislation.
Required Skills
- Credit Risk: 5 to 6 years
- Post Investment Management: 5 to 6 years
- Development Financing: 5 to 6 years
Candidate Requirements
Minimum Requirements
- Postgraduate qualification in Finance
- 5 years experience in structured Corporate Credit/ Investment environment/ development finance/Corporate finance.
- 3 years exposure in a post investment & monitoring environment.
- Knowledge of IFRS reporting standards, Corporate Governance, insolvency law NCR and NCA, and related legislation.
Preferred Qualifications
Advanced qualifications including Masters in development finance/ MBA/ CFA/ CA (SA)
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