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 loansSignificantly contribute to LTV monitoring and ensure that appropriate margin call processes are executed as per policy frameworkSupport the credit function on matters of loan origination,  loan renewals and loan settlementsSupport the flow of operational processes required to service the IBL productLiaise with stakeholders on secured lending mattersAssist 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 processContribute where possible to the development of processes pertaining to origination, servicing and LTV monitoringProvide an excellent customer experience and supporting the achievement of service level agreementsDemonstrate a general understanding of legislation governing the IBL product such as the National Credit ActSupport 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 values3-year degree Finance, Accounting, Economics, Actuarial Science etc.Ability to work without supervisionAbility to communicate with stakeholders in other areas of the businessAt least 1 year of Lending or other relevant experience in any financial roleExcel, Word, and PowerPointExposure to Loan Management Systems will be advantageous.Working with Securities based (Lombard) lending products will be advantageous.

Competencies

Analytical and Time ManagementExecution and Project ManagementCustomer FirstPersonal 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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