Medical Representative

Company Profile:

A new generation investment manager that offers investors access to more sources of return and more ways to manage In the institutional space in South Africa as well as our Global business, we pride ourselves on offering solutions to address clients holistic balance sheet needs, and to support business strategies in the reallocation of investment capital in the face of increasing regulatory We see institutions as but not limited to, pension funds, long and short-term insurers, re- insurers, as well as medical aid

Summary:

The Credit Research function oversees the credit exposures within the company This includes but is not limited to credit co-investment funds as well as full discretionary mandates for both local and offshore in both the listed and unlisted This role reports to the Chief Investment The Head of Credit Research will work closely with the Risk function to ensure all breaches per credit limits are reported timeously, and specific action is taken to address the

Main Responsibilities:

Critical to this role is the management of credit default This role requires the incumbent to display strong analytical insight coupled with in-depth credit knowledge

Management (inter )

• All existing functions performed by the Head of Credit The candidate must take full responsibility for the Credit Research function
  
• Propose and oversee credit research strategy and framework for the business
  
• The successful candidate will be required to manage a team of credit analysts and their submissions to the relevant investment committees and report to governance committees within the business related to Credit risk
  
• Management of all credit exposures throughout the Investments portfolios
  
• Responsible for assessment of new transactions where Credit risk is undertaken
  
• Interaction with relevant Legal Advisor to ensure that Legal agreements are concluded for all transactions where credit risk is taken
  
• Management of the Credit Committee and Credit Governance Committee to ensure smooth running of the committees
  
• Chairing of the Delegated Credit Committee
  
• Management of exposure limits, ratings and systems for Credit exposures
  
• Work closely with the Risk department and report directly any breaches in terms of concentrations and risk limits
  
• Attendance, input and interaction at relevant forums, committees related to Credit Risk
  
• Ad hoc requests related to credit research function
  

Client Engagement

• Providing key stakeholders with pro-active research insights into trends, market risk appetite, issues, threats, and opportunities in all credit portfolios
  

• Be proactive in sharing insights across the business and risk cluster in respect of counterparties where Credit exposure is taken
  

• Partnering with business clusters to maintain credit losses, profitability and other credit risk exposures
  

• Work in collaboration with the Head of Credit, to ensure alignment in thinking about credit exposures
  

Asset Class Knowledge

• Provide insight and optimise problem management processes with risk prone investments on the surveillance and watchlist
  

• Facilitate the understanding for the suitability of instruments for specific portfolios in accordance with their Propose strategies for managing identified risks in credit Analysis
  

• Creation of appropriate credit risk models used for performance monitoring oversight
  

• Proactively manage credit risk metrics that are identified via risk dashboards and reporting
  

• Implement a credit limit monitoring system with Risk
  

Requirements

• A recognised Mcom/MSc Hons degree in finance, investment management and/or mathematics - other qualifications can be considered
  
• CA(SA), CFA considered favourable
  
• Minimum 10 years relevant experience in an asset management environment and exposure to credit portfolio risk
  
• Exposure to credit risk modelling
  
• Knowledge of factors affecting national and global companies and their impact on investors
  
• Thorough understanding of the investment process and the risks
  

Knowledge, Attributes, and Skills

• Analysis And Attention to Detail
  
• Monitoring and Measuring
  
• Building Strategic Relationships
  
• Business Insight and Risk Awareness
  
• Judgment and Decision-making
  
• Commercial and Financial Acumen
  
• Influencing and Impact
  
• Consulting and Advising
  
• Environmental Scanning (In-depth market knowledge)
  

A recognised Mcom/MSc Hons degree in finance, investment management and/or mathematics - other qualifications can be considered CA(SA), CFA considered favourable Minimum 10 years relevant experience in an asset management environment and exposure to credit portfolio risk Exposure to credit risk modelling Knowledge of factors affecting national and global companies and their impact on investors Thorough understanding of the investment process and the risks therein Detailed knowledge of Insurance, Annuity, and Banking Strong technical skills and knowledge of ALM, Basel I, II, III, liquidity management and capital planning

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