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ITHALA DEVELOPMENT FINANCE CORPORATION
 
HEAD: CREDIT: EL BAND
ITHALA SOC LIMITED DURBAN HEAD OFFICE
REFERENCE NUMBER: SG19048
 
An exceptional opportunity awaits a dynamic leader with the appropriate qualifications and experience to assume the position of a Head: Credit.
 
 
Reporting to the Chief Executive Officer, the ideal individual would be required to:
 Assume the executive responsibilities pertaining to strategic credit risk management programme.
 Identify existing or potential credit risks and exercise control and minimize them.
 Develop and implement sound and prudent credit policies.
 Develop and manage effective credit granting and collection systems.
 Develop and implement comprehensive procedures.
 Evaluate and approve\disapprove proposed new loans.
 Manage the quality of the loans portfolio.
 Develop effective communication with internal divisions.
 Develop and evaluate new systems and procedures.
 Prepare credit risk DI returns for Reserve Bank and certify correctness on monthly basis.
 Induct staff, and manage their performance.
 Managing staff development.
 
 
The following entry requirements must be met in order to be considered for this position:
 Postgraduate degree in commerce or business.
 A minimum of at least eight (8) years’ experience in credit risk management within the financial services.
 Vast experience in strategic management of credit related projects including advocating the discipline at executive management structures.
 Exceptional knowledge of credit management including the related statutory requirements.
The position will suit a person with the following trails:
 Strong people management skills.
 High level of analytical and problem solving skills.
 Excellent verbal and written communication skills.
 Knowledge of Banks Act and other relevant legislation.
 Be a catalyst for change and visionary leadership.
 Good interpersonal skills.
 Assertiveness skills.
 Negotiation skills.
 Persuasiveness and influential skills.
 Computer literacy - Word processing, spreadsheets and other financial institution type systems.


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ITHALA EMBRACES THE PRINCIPLES OF THE EMPLOYMENT EQUITY ACT CLOSING
 
DATE: 09 AUGUST 2019
 
INTERESTED APPLICANTS MUST FORWARD A DETAILED CV, CERTIFIED COPIES OF QUALIFICATIONS AND IDENTITY DOCUMENT BY E-MAIL TO  HR_Recruitment6@ithala.co.za
 
KINDLY ALSO INCLUDE A MOTIVATION OF HOW YOU MEET EACH OF THE ENTRY REQUIREMENTS LISTED ABOVE AND QUOTE THE REFERENCE NUMBER FOR THE POSITION.
 
PLEASE NOTE:
 LATE APPLICATIONS AND APPLICATIONS WITH NO REFERENCE NUMBER WILL NOT BE CONSIDERED.
 E-MAIL USERS ARE REQUESTED TO SET THE DELIVERY OPTION ON BOTH “RETURN RECEIPT” AND  “CONFIRM DELIVERY”.
 CORRESPONDENCE WILL BE LIMITED TO SHORT-LISTED CANDIDATES. ALL SHORT-LISTED
 
APPLICANTS WILL BE SUBJECTED TO ASSESSMENTS, REFERENCE AND CREDIT CHECKS. IF YOU HAVE NOT BEEN CONTACTED WITHIN 1 MONTH OF CLOSING DATE OF THE ADVERTISEMENT, PLEASE ACCEPT THAT YOUR APPLICATION HAS BEEN UNSUCCESSFUL.