Head of Credit
Head of Credit
Posted on :
02-12-2024
Employer Active
1 Vacancy
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Job Description
Position Overview:
As Head of Credit at Matta you will oversee Matta s credit management operations ensuring effective credit policies risk assessment and collection strategies. You will work crossfunctionally with the Commercial operations and Finance team to create and maintain a sustainable credit pipeline that will support our business activities. The role will also develop and implement systems policies and procedures aimed at risk mitigation.
Job Responsibilities:
- Design and implement robust credit policies and procedures that align with Matta s objectives and regulatory requirements.
- Assess and monitor credit risks to ensure the credit portfolio remains within acceptable risk limits.
- Conduct regular portfolio reviews to identify and mitigate potential risks.
- Define credit approval framework and recommend credit approval limits.
- Oversee the evaluation of customer creditworthiness through financial analysis credit reports and other relevant data.
- Approve or recommend credit limits and terms for customers ensuring compliance with Matta credit policies.
- Ensure no lapses of error balance reconciliation for all credit activities efficiently.
- Coordinate and provide advice on credit exposure as well as manage the process of credit application and ensure that all support documents are on track and in a timely manner.
- Ensure that all current standards and processes are well documented regularly updated and made available to applicable team members for reference.
- Monitor violations of credit policies provide analysis conclusions and recommendations present findings to management and suggest actions/penalties to be taken when appropriate.
- Create and implement fund acquisition initiatives.
- Maintain a robust fund pipeline to support business credit activities.
- Build and manage relationships with funding partners.
- Provide regular and uptodate reports on all lenderrelated funding activities.
- Lead and develop the credit team providing mentorship training and performance management.
- Partner with the Vendor Trade Logistics Legal and Finance teams to support business growth while ensuring prudent credit practices.
- Engage with external stakeholders including financial institutions and auditors to manage creditrelated matters effectively.
- Generate detailed credit reports and dashboards for management providing insights into portfolio performance and trends.
Requirements
- A degree in Economics Finance Accounting or related field.
- 810 years of experience in credit management risk assessment or related roles with at least 4 years in a leadership capacity.
- Professional certifications such as CFA ACA or similar are desirable.
- Experience using data analysis tools to analyze processes/performance and make suggestions & improvements.
- Have strong knowledge of credit risk analysis credit policies and regulatory requirements.
- Be big on influencing and negotiating.
- Have a high degree of professionalism maturity and confidentiality.
- Be Information seeking with analytical thinking and decisionmaking.
- Can work collaboratively across departments and with external partners.
- Strong leadership and team management capabilities.
Benefits
Matta is an equal opportunity employer committed to assembling a diverse broadly trained staff.
What we offer:
An attractive compensation package that is commensurate with the demonstrated level of required experience and skill and in line with industry standards.
Hybrid work structure.
HMO
Performance Bonus.
Full time life access to learning
Employment Type
Full Time
Key Skills
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