Lending Specialist

Let's Write Africa's 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
  • 3-year degree Finance, 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
  • Execution and Project Management
  • Customer First
  • Personal Mastery (Learning)
  • Collaboration (Relating)
  • Microsoft Office proficiency

Skills

Competencies

Action OrientedBusiness InsightCultivates InnovationDrives EngagementDrives ResultsEnsures AccountabilityManages AmbiguityManages Complexity

Education

Bachelors Degree (B)

Closing Date

03 May 2025 , 23:59

The 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.

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