Lending Specialist
Lending Specialist
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Lets Write Africas Story Together!
Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.
Job Description
Lending Specialist: Investment Backed Lending (Lombard Lending)
The lending specialist role is a role that includes the origination function and servicing of existing Investment Backed Loans (IBL). The product is a margin loan that is secured by various investments such as a stock portfolio cash balances unit trusts etc.
- Role Description:
- Significantly contribute to existing book servicing by engaging with front line staff members (Portfolio Managers and Financial Advisors) on matters pertaining to new and existing loans
- Significantly contribute to LTV monitoring and ensure that appropriate margin call processes are executed as per policy framework
- Support the credit function on matters of loan origination loan renewals and loan settlements
- Support the flow of operational processes required to service the IBL product
- Liaise with stakeholders on secured lending matters
- Assist the credit function with periodic audits
Personal Effectiveness
- Delivers results through proactive management of IBL stakeholders on matters of loan origination LTV monitoring margin call engagement with credit and portfolio managers
- Works at a team level and is accountable for service delivery within a function/team and process
- Contribute where possible to the development of processes pertaining to origination servicing and LTV monitoring
- Provide an excellent customer experience and supporting the achievement of service level agreements
- Demonstrate a general understanding of legislation governing the IBL product such as the National Credit Act
- Support the Market Risk function by demonstrating a keen interest to expand knowledge in Financial Markets Financial Instruments and the world economy.
- Manage risk by following due process in the processing of IBL applications
Requirements
- Understand and embrace the Old Mutual vision and demonstrate its values
- 3year degreeFinance Accounting Economics Actuarial Science etc.
- Ability to work without supervision
- Ability to communicate with stakeholders in other areas of the business
- At least 1 year of Lending or other relevant experience in any financial role
- Excel Word and PowerPoint
- Exposure to Loan Management Systems will be advantageous.
- Working with Securities based (Lombard) lending products will be advantageous.
Competencies
- Analytical and Time Management
- and Project Management
- Customer First
- Personal Mastery (Learning)
- Collaboration (Relating)
- Microsoft Office proficiency
Skills
Competencies
Action OrientedBusiness InsightCultivates InnovationDrives EngagementDrives ResultsEnsures AccountabilityManages AmbiguityManages ComplexityEducation
Bachelors Degree (B)Closing Date
05 May 2025 23:59The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.
The Old Mutual Story!
Required Experience:
Unclear Seniority
Employment Type
Full-Time
