About Land Bank Careers

The Land and Agricultural Development Bank of South Africa (Land Bank) is South Africa’s only specialist agricultural bank established in 1912, the bank’s sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach. These services enable farmers to finance land, equipment, improve assets and obtain production credit. The Land Bank provides financial services that have moved with the times and continues to provide services to agri-business and constantly reviews its offerings to ensure that they match the needs of an industry. As change has swept across the sector in South Africa the socio-economic makeup of agriculture has altered, bringing new entrants from historically disadvantaged backgrounds on to the land, these new farmers, facing the challenges of establishing sustainable agri-businesses across the agricultural value chain, Land Bank has been a commercial lifeline offering appropriately designed financial products that facilitate personal and commercial viability in a sector that is vital to the sustainability of South Africa and its people.

MAIN PURPOSE OF THE JOB

• The position reports directly into the Workout & Restructuring Business Area and the delivery is based on all credit risk matters related to the  workout & restructuring portfolio. Carry out quality credit assessment, present sustainable solutions and manage the credit risk of a portfolio of clients within the W&R  portfolio . To perform quality credit assessments and submissions  for the allocated portfolio within workout & restructuring applications and mitigate any potential risk on behalf of the Land Bank in accordance with the approved Credit and W&R Policies and the delegated level of power.

Key Performance Areas

Credit Assessment and Risk Management

• Carry out full credit assessments within allocated portfolio
• Check the credit submission for completeness, including accompanying documents in terms of the approved loan guidelines.
• Ensure that all relevant information and documentation has been received from the operations as per the agreed checklist
• Follow up with the branches to ensure that all supporting documentation is complete
• Ensure that loan applications conform to the set standards, highlight anomalies and suggest corrective measures
• Align products to the purpose of the loan and the Credit Policy to suite customer’s needs
• Co-ordination of CAC and CCC setting up of agenda(s) for application(s) to be heard
• Reporting stats of application(s) processed for allocated region(s)
• Check the spreading of financial statements to identify the viability and performance of the business and assess business and financial risk by analysing financial statements of applicants
• Provide the committee with the summary of market and industry analysis
• Research and assess the industry in which the loan is associated  as appropriate to assess the potential risk of granting the loan
• Interpret financial statements and economic / political / industry/commodity data

Stakeholder Relationship Management and Team Support

• Promote a culture of credit risk management at branch level.
• Provide guidance and training to operations on credit related matters
• Adhering to legislative requirements
• Pro-actively develop self with regards to other / new products in the Land Bank
• Manage own career and personal developments
• Demonstrate behaviour that is aligned to the Land Bank values

General Administration and Audit Matters

• Ensure that documentation is archived in accordance to the Bank’s policy for record and audit purposes
• Attend to audit findings as and when required within area of responsibility
• Take remedial action on all audit findings and ensure that issues are resolved or addressed
• Ensure recording of all credit committee meetings are loaded on the v-drive

Loan Policies and Procedures

• Provide input to policies and procedures and updates and identify opportunities to improve as and when required
• Provide inputs on lending norms and credit criteria to be applied on new products
• Participate in the review of Credit Policies and procedures.
• Ensure that the branches are informed of changes to policies and/or of credit policies and procedures that have been approved

Preferred Minimum Education and Experience

• 3 year Tertiary Qualification (Commerce) Majors Accounting; or a 3 year Credit Management Diploma
• Relevant credit assessment experience
• Thorough knowledge of the
• NCA, CPA, FICA and related credit regulatory requirements
• The primary and secondary agriculture sector finance.
• Appraisal of credit proposals and deal structure for: assets finance, working capital, back ward and forward integration finance

Critical Competencies

• Microsoft Office
• knowledge of risk management principles
• Knowledge / Experience of compliance systems / tools
• Compliance Management Principles
• Knowledge of Compliance related legislation
• Knowledge of Business and Law Principles

Additional Requirements

• Travel as and when required
• Extended hours as and when required