If you are a finance professional eager to excel in the banking sector, the Development Bank of Southern Africa (DBSA) offers an exciting opportunity with three openings for Loan Management Specialist positions.

Based in the dynamic region of Midrand, Gauteng, these roles are ideal for those with a passion for financial portfolio management and effective asset administration.

Loan Management Specialist Positions Details

  • Title: Loan Management Specialist x3
  • Reference Number: DBS240425-1
  • Location: Midrand, Gauteng, South Africa
  • Type: Permanent
  • Application Deadline: 2024/05/21
  • Job Grade: 16

Role Overview

The Loan Management Specialist is crucial for the efficient management of credit and financial assets within DBSA. This position focuses on enhancing the administration processes and maintaining the integrity of financial agreements using the SAP CML system. It involves direct interaction with clients to ensure seamless operations throughout the lifecycle of financial transactions.

Required Qualifications

  • Education: Bachelor’s Degree in Finance, Economics, or Risk Management.
  • Experience: Minimum of 7 years in transactional banking or similar roles.
  • Technical Skills: Advanced proficiency in MS Office, particularly Excel.

Preferred Qualifications

  • Knowledge of relevant legislative frameworks (Companies Act, PFMA, King IV).
  • Experience in credit and investment risk management.
  • Familiarity with loan management systems.

Primary Responsibilities

  • Deal Oversight: Manage every aspect of financial deal lifecycle from initiation through processing to closure, ensuring all transactions adhere strictly to bank policies and agreements. This involves thorough preliminary assessments, continuous monitoring during the active phase, and efficient and compliant closure processes.
  • Funds Disbursement: Oversee the accurate and timely disbursement of funds to clients. This includes verifying client eligibility, confirming terms of disbursement as per agreement, and ensuring that all financial transfers are executed within established timeframes to maintain trust and integrity.
  • Records and Security Management: Maintain meticulous records, both physical and digital, of all client transactions and securities. This task requires regular updates and audits to ensure all data is accurate and secure from any unauthorized access, thereby safeguarding client and bank assets.
  • Document Control: Ensure all financial documents related to deals and client interactions are properly reviewed and signed off following implementation. This includes contracts, agreements, compliance forms, and any other relevant documentation, ensuring they meet legal and regulatory standards before final approval.
  • Risk Management: Proactively identify high-risk clients and situations through continuous monitoring and risk assessment strategies. Implement appropriate measures to mitigate potential losses, including adjusting loan terms, enhancing oversight, or involving higher-level decision-makers when necessary.
  • Regulatory Compliance: Support and verify compliance with all applicable financial regulations, standards, and DBSA policies. This responsibility entails regular training and updates to stay informed of current regulations, conducting compliance audits, and working closely with compliance officers to address any discrepancies.
  • Query Resolution: Efficiently address and resolve inquiries from both internal and external clients to maintain high service standards. This includes providing clear, accurate information and resolving any issues or concerns that may arise during the loan management process.
  • Data Accuracy: Maintain rigorous standards of data integrity by keeping all system records updated and accurate. This is crucial for reliable reporting, decision-making, and maintaining the bank’s credibility and operational effectiveness.
  • Internal Collaborations: Work closely with various departments within DBSA including executives, finance, and internal audit teams. This collaboration is essential for a holistic approach to managing financial assets and ensuring cohesive operational practices.
  • External Interactions: Build and maintain strong relationships with external stakeholders such as clients, financial advisors, and regulatory bodies. This role requires regular communication to ensure all external partners are aligned with the bank’s goals and compliance requirements.

Skills and Competencies

  • Effective Communication: Expertise in creating tailored communication for diverse audiences.
  • Strategic Problem Solving: Ability to identify and implement solutions to complex issues.
  • Financial Expertise: Strong background in financial analysis and accounting principles.
  • Leadership and Integrity: Demonstrates ethical conduct and leads by example.
  • Strategic Insight: Proactively identifies challenges and opportunities in the banking sector.
  • Customer Focus: Committed to understanding and meeting the needs of clients.

Application Process

Prospective candidates are encouraged to download the detailed job profile from the DBSA website and submit their applications via the DBSA careers portal before the deadline of 2024/05/21. Ensure your application includes all relevant documents and certifications.

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The Loan Management Specialist positions at DBSA offer a platform for finance professionals to impact the banking industry significantly. These roles are geared towards individuals dedicated to enhancing financial management practices and ensuring compliance within a leading financial institution.