Not specified (assumed to be hybrid based on standard industry practices).
End-to-end post-origination management
Ongoing due diligence and risk analysis
Covenant monitoring and service provider management
ABSA is seeking a Facility Associate for its Structured Trade & Commodity Finance team, responsible for managing post-origination tasks related to credit facilities. The role involves administration, compliance, risk monitoring, and stakeholder management to ensure operational efficiency and adherence to policies
Job Summary
The Facility Associate is responsible for the end-to-end post-origination management of facilities, ensuring efficient administration, compliance, and risk-monitoring.
This role involves conducting ongoing due diligence, managing facility conditions and covenants, and coordinating with third-party service providers.
Key responsibilities include preparing annual reviews, managing deviations and breaches, and reporting on portfolio performance and risk metrics.
Matching Summary
Match Score: 75
ABSA is seeking a Facility Associate for its Structured Trade & Commodity Finance team, responsible for managing post-origination tasks related to credit facilities. The role involves administration, compliance, risk monitoring, and stakeholder management to ensure operational efficiency and adherence to policies.
Skills & Requirements
Must-have
End-to-end post-origination management
Ongoing due diligence and risk analysis
Covenant monitoring and service provider management
Deviation requests and breach management
Portfolio monitoring and reporting
Nice-to-have
Client management experience
Operational risk management
Financial controls experience
Key Requirements
Minimum 5 years experience in the Agri sector
Minimum of five years’ experience in banking, credit risk, and operational management
Bachelor’s degree in Finance, Business, Economics or a related field
Tertiary financial/Agri related qualification with at least 10 years Agri sector experience