Job Summary:
Performing the process of investigating and inquiring about prospective new and existing clients of the company and preparing timely Credit Assessment Reports necessary to verify the client's creditworthiness to ensure the clients; eligibility for BLFC services.
Job Responsibilities:
- Performing the Credit Assessment Process for prospective new clients to ensure the protection of BLFC rights.
- Performing the initial screening process for the client documents received from the Business Team; to ensure meeting credit assessment requirements and request any missing documents to complete the initial requirements.
- Spreading the financial figures of the clients, to identify their clients repayment capacity; and if they should be granted leasing/ factoring services.
- Reviewing the client's legal documents, to ensure their full compliance with FRA regulations.
- Conducting the credit call with the Business team to understand the client's case and requirements.
- Coordinating physical meetings with prospective clients to evaluate the following: Client assets, Financial Statement Analysis and Projections, Business model; to understand the core operations (sales, turnover, COGs, financial trends, supplier relationshipsetc.), Transactions
- Performing an examination of the client's industry; through conducting a SWOT analysis, identifying market appetite for growth, possible threats, and FX exchange rates; all to understand the market/ and industry and identify the tenure conditions for the repayment.
- Preparing the Credit Approval Memorandum (CAM); in coordination with the compliance which includes the Deal Structure detailing all of the below:
- Background of the client
- Net financed amount, type of facility, tenure duration, pricing, asset type, repayment frequency, percentage of finance, and any extra fees.
- Terms and conditions for approval
- Asset conversion cycle
- Financial statement analysis and Projections
- Banking relationship report
- Credit Investigation Comments
- Industry analysis
- Evaluation report included on a case-by-case basis
- Coordinating with the legal department to secure their legal opinion regarding the real estate assets for the case.
- Preparing the full Credit Package; including:
- Credit Approval Memo (CAM)
- Spreading and projections
- Risk Rating provides the client risk rating (to identify the creditworthiness, to identify and accordingly ranking within the internal portfolio)
- Investigation report
- AML Report
- Legal Opinion
- Risk Assessment Memo
- Participate or lead ad-hoc projects that may go beyond formal accountabilities to satisfy and respond accordingly to business needs.
- Ensure compliance requirements are met through organizational and procedural measures including implementation of Company guidelines, performing trainings, monitoring compliance etc.
Qualifications:
- Bachelor's Degree in Business, or Accounting.
- 0-2 years of experience in banking or leasing is preferred
- Skills: Communication & Interpersonal Skills, Negotiation Skills, Analytical Skills, Attention to details, Writing Skills
- Credit Course is a plus
- Credit Policy Guidelines (CPG)
- Credit Manuals
- Risk Policies
- FRA Guidelines
