Skip to main content

This job has expired

SENIOR SPECIALIST: AGRICULTURAL ADVISORY AND SUPPORT (FTC - 20 Months) Bethlehem

Employer
Secondments Recruitment
Location
Bethlehem Bethlehem Dihlabeng, South Africa
Salary
Competitive
Closing date
Jun 5, 2023

View more

Job Role
Other
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Job Advert Summary
To provide agricultural advisory and support service to both Emerging and Commercial Farmers in order to safe guard the bank's assets through the following:

Conduct on Farm Agronomical and Financial Assessments for High Risk and Delinquent Clients and make recommendations to remediate as well as rate the farm/business according to the approved bank's risk rating models
Schedules inspections of the banks security and re-evaluations
Where relevant, refer farmers to service providers with technical expertise / advise Farmers and make recommendations to improve the overall Farm status and mitigate potential risks
Effectively manage the collateral in terms of the loan agreement and Collateral Management System (CMS) policy thereby identifying collateral shortfalls in order to minimise risk and prevent financial losses.
Proactively prevent ex-ante moral hazard by conducting farm visits on new loans and ascertain whether farm funding was utilised as intended in line with the loan agreement

Minimum Requirements

Preferred Minimum Education and Experience

A relevant 3 year qualification in Agriculture or an equivalent
Accreditation as a Valuator
5 years Experience in:

Agricultural Extension Services or
Agricultural Experience in a Co-op or similar organisation.
Agricultural Economics and Value Chain
Credit Assessment Principles

Critical Competencies

Advanced Microsoft Office
Financial Management and Business Acumen
Property and Assets Valuation principles
Farm Management Principles
Risk Management Principles
Report Writing and insights
Agricultural economic trends.

Additional Requirements

Travel as and when required.
Extended hours as and when required.
Valid SA Driver's License

Duties and Responsibilities

Key Performance Areas

1. Monitoring, Advisory and Support

Implement Effective Collateral Management by conducting inspections in accordance with the relevant company policy and procedures and ensure that the banks collateral has the most up to date collateral valuations as per the banks' requirements per asset class
Conduct Collateral Management Inspections
Engage external stakeholders including cooperatives, commodity associations, provincial governments departments and farmer's associations as required in respect of distressed accounts
Conduct Visit and monitor properties in possession (repossessed)
Compile the farm inspection report and ensure all identified and potential risks are clearly articulated and list remedial actions to mitigate them
Provide management with monthly consolidated collateral management status report on the portfolio

2. Conduct Agronomical and Financial Assessments

Perform farm visits to ascertain whether the farm funding was utilised as intended:

Ensure that the funds have been used for their stated purpose
Monitor and evaluate the progress and financial position of the client for any early warning signs of distress
Advise with subject matter experts and link clients with relevant stakeholders in order to provide technical advice to clients where necessary

Conduct in-depth on farm Agronomical Assessment specifically for High Risk, Delinquent and Non Performing Accounts

Determine factors for delinquency or default.
in the event of an identified default or arrears client account make proposals for rectifying the problem
List possible interventions for rehabilitations or referral to Legal
Provide Possible Resolution Recommendations with a motivation
The recommendation must be structured and aligned in accordance with the Credit Policy

3. Records Management and Maintenance of the Inspections Database including market trends

Collect and process information within the allocated area of responsibility to determine:

Market value of property
Production cost
Establishment cost
Profit margins
Produce prices
Market trends
Economic patterns
Potential of land
Keeps database up to date as appropriately
Ensure availability and access to identified Users
Quarterly report on farming consultation, also report of any natural disasters in the area

Compile and maintain an information database for assistance with technical knowledge
Ensure that reports are filed in accordance with the record management system
Maintain customer account information and ensure timeous and correct updating of risk classification on the Bank's systems.
Keep records of all correspondence with clients as part of record management policy.
Manage client files in terms of the Bank's record management policy.

Get job alerts

Create a job alert and receive personalized job recommendations straight to your inbox.

Create alert