Key Performance Areas
1. Securities Management and Administration strategic contribution
- Devise the Securities Management and Administration strategy which accounts for and enables significant transformation and growth objectives, facilitates excellent client experience. and aligns with the Business Bank Credit strategy that will require the ability to p(process exponential volumes.
- Provide thought leadership and subject matter expertise to the Divisional Executive: Credit in respect of Securities Management and Administration directly supporting required asset growth.
- Translate the Business Bank Credit strategy into tactical plans and an operating model for Securities Management and Administration to drive the successful transformation of the Securities Management and Administration department.
- Support the collections and recoveries department with the timeous provision of the correct legal agreements and security documentation used for both the recovery of money and submission as exhibit evidence in court cases as and when debtors defend a matter as well as the responsibility that will enable the process of securities in case of deceased estates, insolvency and liquidations.
- Build and maintain professional relationships with internal and external stakeholders which will enable and enhance the achievement of the business plans; industry leaders, academic institutions, legal entities etc.
- Remain up to date with advancements and developments related to securities management, including technology, best practice and legal/statutory requirements to optimise performance.
2. General and stakeholder management.
- Drive optimal operational execution required to manifest great client experience and enable other Credit functions in the client experience pipeline.
- Accountable for the effective leadership, oversight and overall management and performance of the Securities Administration department: o compliance, risk and governance in respect of relevant financial, banking regulatory and legislated requirements and embedding and maintenance of organisational policies and procedures o stakeholder and relationship management and communication, work cross functionally and network both internally and externally to ensure a relevant network which will enable and enhance the operation of the department.
- prepare, propose, manage and deliver the annual budget for Securities Administration and management reporting for the department, including the Exco report
3. Leadership of the Securities Administration team
- Capacity plan for planned scale and commercial segmentation and contract with key people development partners to actively build expertise and capability across new industries and markets.
- Establish and embed an effective people structure (as well any external / co-sourced teams, technology, systems, tools ) to optimise delivery of the business plan, goals and targets.
- Responsible for ensuring appropriate recruitment, development, management, goal planning and performance of people across the department.
- Manage and evaluate the Securities Administration management team, identify improvement opportunities, ensure succession planning and drive performance from the team.
4. Department function/technical specific/ responsibilities
- Strategically plan for the necessary knowledge and capability growth and development to accommodate new industries and markets and respective legal and regulatory expertise.
- Accountable for creating and implementing a strategy for revolutionising the department to facilitate growth and scale, including automation, skills, technology and securing funding for the initiatives, while at the same time maintaining, improving and building operational effectiveness.
- Accountable for leading and managing the drafting and fulfilment of the Banks contracting and safekeeping of credit agreements and security documentation, as well as the ongoing maintenance of credit facilities and securities all of which impact potentially significant credit risk, loss and recovery.
- Impact the annual debtors list and risk through appropriate auditing documentation, using legal, commercial contract law expertise.
- Continuously drive and influence the improvement of the operating model and workflow processes to optimally deliver a superior client experience and minimise the Banks exposure to risk.
- Provide input cross functionally across Credit, providing guidance for decision making in respect of risk parameters for collateral.
- Secure buy in for the strategy and related initiatives from key stakeholders such as Legal, IT, CED, Business Banking and Credit generally.
- Identify opportunities to automate processes with Securities Management and Administration third party entities and work with them to implement changes for greater efficiency and client service.
Qualification:
- Honours Degree in Finance, Commercial/Contract law, Accounting or similar business/finance related. and/or
- Masters Degree in Business Administration, Commercial or Contract Law, Accounting or similar business/finance related.
Experience:
- 10yrs+ management experience in a senior role in secured credit environment holding responsibility for leading a large organisational unit.
- Experience of successfully revolutionising, transforming large teams and/or senior leadership in a significant transformation project.
- Proven experience of using influence and relationships to drive and achieve objectives.
- Experience of strategically leading, planning and managing operations in a fast moving and dynamic environment.
- Ideally, proven experience of driving operational transformation
Knowledge:
- Expert knowledge of finance, credit, commercial law, contract law, and relevant statutory requirements e.g. Companies Act , national Credit Act
- Expert financial management knowledge; financial management and accounting principles and standard
- Expert credit principles and practices, including an understanding of credit application, securities
- Commercial, business, credit and financial principles and practices.
- Strategic planning principles and processes
- Risk management principles and processes
- Project management methods and practices
- Relationship building and management techniques
- Detailed knowledge of legal entities (companies, close corporations, sole proprietorships etc.) in the Business Banking market and the legislative restrictions and requirements governing these from a financial services perspective
- Fundamental IT systems and data analysis
Skills
- Strategic thinking
- Commercial thinking
- Analytical
- Leadership
- Management
- Communication
- Decision making
- Problem solving
Employment Conditions
- Clear criminal and credit record
Should you not receive a response from us within one week of your application, your application has unfortunately not been successful.
