DescriptionThe BBF consultant is responsible for ensuring a seamless experience for clients with a BBF throughout the lifecycle of the facility. Limited Local travelling required in the role (own car is a necessity).
Key ResponsibilitiesOnboarding & ongoing relationship management
Implementation of new BBF clients and ongoing facility increases/decreases/restructures. Attend client visits with credit team or portfolio managers & business reviewers as required to support stakeholder activity Engage clients in person on BBF product, requirements, and differences/benefits to similar products in the market Assisting with maintaining debtor and stock categorisation
BBF Limit calculations
Manual limit calculations and migration of client asset data into systems Determine / review calculation of non-standard BBFs. Maintaining debtor categorisation Ensure continuity of calculation process per client
Monitoring and credit functions
Capturing and maintaining monitoring dashboards Reconciliation of debtors movement and investigating recon breaks Maintain and monitor BBF trends and triggers, including covenant measurements and investigating deteriorations or breaches Having an inquiring mind to identify and unpack trends and triggers revealed in dashboards Engage with all relevant stakeholders on any issues or opportunities as they are identified through monitoring activities e.g. Sales, Credit and Recoveries teams Presenting in credit forums Assist in recovery of distressed clients
Product Operations
Vetting client accounts to measure percentage debtor receipts paid into BBF. Record-keeping of client information and calculation traceability Ensure that all aspects related to clients are managed accurately and timeously (e.g. fees being raised). Assisting clients and stakeholders with operational queries
Ad-hoc
Design / maintain processes and checklists Design / maintain training material Involvement in ongoing projects as a tester Process improvement and deployment Training stakeholders and clients on product mechanics
Qualifications, Experience and Skills
BCom (Finance or Accounting focused) or similar with minimum 3 years working experience, ideally in an operational/technical role for a lending function in a large bank or financier. Understanding of working capital structures and products Understanding of varied types of debt and associated repayment profiles Strong analytical skills – incl. familiarity of Microsoft Office suite esp. Excel at an advanced level (e.g. lookups, pivot tables, advanced formulae etc.) Ability to work under pressure and prioritise multiple tasks Team Player/Strong people skills (interacting with colleagues and clients) Very accurate, sense of urgency and strong attention to detail Strong banking fundamentals knowledge incl. interpretation of legal agreements and application thereof Strong ability to learn concepts, apply, and adapt appropriately Apply learnings continuously in a cradle-to-grave model
Advantageous:
Exposure to lending related deal / transaction management Exposure to financial and operational covenants, collateral management and credit Exposure to debtor management and/or credit insurance
How To Apply
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Attach your Application letter, updated Curriculum Vitae (CV) and any supporting documents required.
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Send your application before the closing date.
Note: Only shortlisted candidates are contacted.
