{"id":17025,"date":"2020-06-30T17:00:05","date_gmt":"2020-06-30T14:00:05","guid":{"rendered":"https:\/\/www.unistoretz.com\/magazine\/?p=17025"},"modified":"2020-06-30T08:45:15","modified_gmt":"2020-06-30T05:45:15","slug":"job-vacancy-at-absa-bank-retail-credit-underwriter","status":"publish","type":"post","link":"https:\/\/www.unistoretz.com\/magazine\/job-vacancy-at-absa-bank-retail-credit-underwriter\/","title":{"rendered":"Job Vacancy at Absa Bank, Retail Credit Underwriter"},"content":{"rendered":"
Retail Credit Underwriter\u00a0\u00a0<\/b><\/p>\n

Bring your possibility to life! Define your career with us
\nWith over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.<\/p>\n

Job Summary<\/p>\n

To undertake a credit risk assessment of all non -scored personal lending requests. The role holder will be require to apply the canons of good lending to each proposition and to make recommendations \/ modifications to the proposal so the request constitutes an acceptable risk to the Bank.<\/p>\n

Job Description<\/b><\/p>\n

Key responsibilities and approximate time split:<\/p>\n

RISK ASSESSMENT :90%<\/p>\n

Initial check of all applications to ensure that they comply with policy guidelines.
\nMaintain a diary system to ensure that conditions of sanction are complied with and reviews are done in a timely manner.
\nAnalyse customer financial statements and proposition, making recommendations \/ modifications to the proposal so the request constitutes an acceptable risk to the Bank.
\nMonitor workflow.
\nGenerate limit sheets
\nMonitor clearance of excesses
\nContact customers where clarification on the proposal is required. This may take the form of written correspondence or telephone contact(preferably written conrespondence).
\nCompilation of various returns, as required, through the assimilation of information available within the RRU.
\nGeneral filing
\nAdhere to service level agreements.<\/p>\n

CONTROL<\/b><\/p>\n

Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Absa Bank Policies and Standards. Understand and manage risks and risk events (incidents) relevant to the role.<\/p>\n

Personal Attributes:<\/b><\/p>\n

Meeting customer needs.
\nPersonal results.
\nManaging relationships.
\nCommunication.
\nPersonal Organisation.
\nInformation gathering.
\nThoroughness.
\nInitiative.<\/p>\n

Skills required to undertake the role:<\/b><\/p>\n

Communication skills.
\nGood interpersonal skills.
\nNumeracy skills.
\nTeam worker.
\nAnalytical skills.
\nKnowledge of the Bank\u2019s products, services and policies and\/or other specialist knowledge required to undertake the role:<\/p>\n