Junior Credit Risk Officer

Let's Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

The incumbent will act as a support to the Risk Manager: Special Risk. The main function is to manage high risk buyers, obtain and analyse information received on buyers from various sources, such as buyer visits, industry meetings, media and bureaus, in order to determine the insurable risk of the buyer, which supports other business units with Credit Guarantee to underwrite the buyer accordingly.

Obtains relevant information, analyse buyer information obtained from buyer reviews, industry meetings and other relevant information to minimise risk.

• Balance Sheet Analysis
• Interpretation of Financial Statements
• Prepare reports
• Buyer risk reviews, credit committee reviews, buyer visits, industry meetings & various administrative tasks.
• Making recommendations at credit committee

Continuous improvement to ensure effective service

• Ensure adherence to organisational policies, practices and procedures.
• Identify solutions to enhance cost effectiveness and increase operational efficiency

Service delivery to ensure customer satisfaction

• Maintain service, quality and desired outputs within a specific functional process.
• Establish productive operational relationships with key stakeholders in the various channels and administrative teams.
• Develop work routines in line with operational plans / schedules in order to manage achievement of service delivery goals.
• Share knowledge on, and participate in the creation of new standards, control systems and procedures to maintain service delivery.

Cost control and governance adherence

• Proactively ensure use of time, of resources, money, materials or equipment is in line with policies and procedures.
• Comply with corporate governance policies, procedures and standards.
• Operate within agreed mandates.

Quality people practices

• Align own behaviour with the organisation culture and values.
• Share and transfer product, process and systems knowledge to colleagues.
• Ensure achievement of own performance objectives.
• Actively share information with other team members regarding successes, issues, trends and ideas.
• Actively participate in own professional development and career path.
• Actively promote a culture of learning and high-performance culture amongst team members.

 

Skills

Education

Closing Date

13 November 2024

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

Old Mutual Limited is pro-vaccination and encourages its workforce to be fully vaccinated against Covid-19.

All prospective employees are required to disclose their vaccination status as part of the recruitment process.

Please refer to the Old Mutual’s Covid-19 vaccination policy for further detail. Kindly note that Old Mutual reserves the right to reinstate the requirement to vaccinate at any point if it is of the view that it is imperative to do so.

The Old Mutual Story!