Description of the role

The Credit Manager operates as part of a deal team alongside AF Relationship Managers, supporting the growth of Business and Commercial Banking (BCB) facilities across an existing client base and new opportunities. The role provides holistic oversight of the BCB AF client portfolio, while leveraging Credit Analysts, AF internal consultants and the broader risk teams to ensure credit risk is assessed, managed and mitigated effectively and efficiently.

Relationship Managers retain overall accountability for growth across the existing client portfolio, from both a facilities and revenue perspective. In partnership with the Relationship Management team, the Credit Manager is responsible for progressing client opportunities and requests, including covenant breaches, through the credit process in a timely and commercial manner. As such, the role is central to the BCB sales growth agenda, requiring a strong growth mindset while acting as the first line of credit assessment and risk mitigation for existing clients.

Responsibilities:

•    Partner with the Asset Finance Relationship Management team to deliver a high‑quality service to new and existing clients
•    Prepare clear, well‑structured credit packs, including robust credit risk assessment, mitigation and facility structuring, leading to sound commercial recommendations
•    Produce high‑quality credit papers on a timely basis, demonstrating a strong understanding of the client, industry dynamics, key risks and mitigants
•    Ensure all recommendations align to the BCB's credit risk appetite and delegated authorities
•    Apply a commercial, solutions‑oriented mindset when assessing asset finance transactions
•    Present credit proposals jointly with Asset Finance Relationship Managers and Internal Consultants to relevant credit committees within BCB and across the bank
•    Guide clients through the internal risk rating process, applying an understanding of Basel and AIRB capital requirements
•    Participate in recovery processes on an ad‑hoc basis, including accounts in handover or legal status
•    Conduct annual reviews of revolving and existing facilities
•    Participating in client visits as required
•    Contribute to strategic initiatives and projects as opportunities arise

Qualifications, Experience and Skills

•    BCom degree in finance, accounting or a related field, or a higher qualification
•    Minimum of three years' lending or credit experience is essential, or a qualified Chartered Accountant with one to two years' post‑articles experience will be considered.
•    Knowledge of business and commercial banking products and services is advantageous
•    Strong analytical capability with a sound understanding of annual financial statements and IFRS
•    Thorough understanding of credit principles and lending processes and systems
•    Strong financial, industry and operational analysis skills
•    Financial modelling and forecasting capability, including the preparation of cash flow forecasts and justification of key assumptions
•    Understanding of Basel and AIRB capital requirements
•    Commercial legal knowledge, including insolvency, collateral, deal structures and tax
•    Understanding of macro‑economic factors and industry dynamics impacting clients
•    Exposure to sectors such as mining, construction, transportation, fleet rental, aviation and agriculture (for asset finance credit managers)
•    Good understanding of CGIC insurance cover
•    Strong Excel and PowerPoint skills
•    Ability to engage with stakeholders at all levels, including FMs, FDs and CEOs
•    Strong presentation skills, with experience presenting to credit committees
•    Clear and effective verbal and written communication skills, with the ability to present complex credit matters concisely

What We Value

At Investec we seek creative, talented people with passion, energy and stamina, who collaborate unselfishly.

We are committed to diversity and inclusion when recruiting internally and externally.