The Credit Administration Manager is responsible for planning, organizing, and executing GroFin’s Credit Administration activities including Legal Implementation, Disbursement, Collateral Management, Credit File Management, and Legal Collections. As part of the Deal Team, the CAM must ensure that all Legal and Credit Administration risks are addressed as part of deal development. The Regional Credit Administration Manager (RCAM) delegates responsibility for the management and day-to-day operations of credit administration duties in office to the CAM, and s/he has the authority to carry out these responsibilities, in accordance with the CRM policies and procedures. The CAM needs to ensure that the CRM department meets the annual goals and objectives relating to credit risk administration.
The main accountabilities of the CAM are to:
• Prevent credit losses by way of thorough credit and legal assessments.
• Ensure investments submitted for approval can be effectively and efficiently implemented.
• Ensure all approved investments are administered in a safe and sound manner and in compliance with CRM policies and procedures.
• Ensure credit administration duties are conducted in a way to ensure quality and minimize potential loss.
The CAM is responsible to execute credit administration activities in line with the CRM policies and procedures and to ensure that these remain up to date with local requirements. The CAM needs to ensure effective, independent credit administration whilst ensuring strong collaboration with the investment team. This role focuses on maintaining the integrity of investment decisions made by way of effective and quality implementation of such investments and maintenance of assets taken as collateral as well as credit files. The CAM must ensure the alignment of credit administration activities with business objectives at the office level.