Credit Risk Manager

Recruitment Solutions

Cape Town, Western Cape
Permanent
Full-time

6 days ago

This role involves assessing customer creditworthiness, managing credit limits and payment terms, ensuring compliance with credit insurance policies, and proactively mitigating credit risks to optimize company cash flow and profitability.This role is ideal if you are a proactive and analytical professional with a strong background in credit risk management. You will possess excellent leadership and interpersonal skills, capable of motivating a team and building robust relationships with customers and insurance partners. Demonstrate attention to detail, strategic thinking, and the ability to effectively implement and oversee credit risk procedures.This position is in the Northern Suburbs of Cape Town.Requirements:

BCom Degree in Financial Management
Experience with foreign clientele - to your advantage
Any other professional membership
Strong leader to manage a team of cost controllers and debtors clerks
Computer literate

Responsibilities:

Review and approve customer credit limits and repayment terms
Review and develop internal procedures for approval
Ensure that staff is properly trained
Manage staff to deliver on expected outputs
Ensure that best practice processes and procedures are implemented and followed to reduce the group''s credit risk to an acceptable level
Engage with credit insurers and ensure that policies are maintained and renewed on time
Engage with customers to build lasting relationships
Assist with debt collection efforts
Ensure that all requirements as per insurance policies are adhered to - monitor compliance with the terms and conditions of credit insurance policies to avoid coverage gaps
Reporting on current debtor''s book: Reports on the status of outstanding debts, including aged receivables, payment trends and the collections progress
Proactively manage credit risk of the business: identifying high-risk customers or sectors and taking proactive actions to mitigate potential losses
Build a high-performing team

Ready to join a dynamic company? If you are a strong financial person and ready for a new challenge, we would like to hear from you. Forward your CV by applying to this ad and note that you will receive an application form via email. Our team will be in touch to discuss the role and your skillset in detail. Thank You.

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