Adil Rajkaran

Credit Risk Analyst (August 2022 – Current)

Working in Standard Bank’s Corporate and Investment Banking division, within Credit Risk, placed in the Diversified Industries team, with a focus on clients in various industries including Automotives, Healthcare, Professional Firms, Manufacturing, among others. Key responsibilities include:

· Undertaking of quantitative and qualitative financial analysis to develop a comprehensive understanding of counter party risks for existing and new banking facilities, including the analysis of the essential elements of risk such as threats, vulnerabilities, safeguards, consequences and the likelihood of the threats materializing.

· Conducting annual risk reviews of counterparties and monitoring covenants and conditions on the existing portfolio base.

· Completing and compiling credit papers which adequately reflect counter party risks for new or increased facilities and presenting of credit papers and making recommendations to the appropriate approvers.

· Similarly, providing approval on credit papers for existing and/or new facilities based on my level of authority.

· Utilizing internal rating models and their risk drivers and translating this information into a rating using the correct rating model.

· Ensuring that the post-approval implementation of facilities and legal documentation is in accordance with the conditions of sanction by liaising with Legal and Business.

· Interacting with clients and attending client meetings to understand their requirements, their business and their financial position and positioning credit questions and comments accordingly.

· Daily management, escalation and control of portfolio irregularities.

· Staying attuned to industry and market risk developments and trends in relation to counterparty exposures and their impact on the underlying portfolios.

CA(SA) Programme Rotations

Credit Risk Rotations (November 2021 – July 2022)

· Internal Audit – Credit Risk (auditing of: credit reviews processes, credit ratings, credit covenant monitoring, the related legal documentation, as well as mapping credit risk processes)

· Credit Risk – Real Estate Finance (perform credit annual reviews, credit ratings, credit applications for new requests, covenant monitoring, security (i.e. fixed property) analysis)

Other Rotations (January 2020 – October 2021)

· Diners’ Club Finance (financial statement preparation, tax pack preparation, monthly reconciliations)

· Group External Reporting (financial statement note preparation, reviewing of financial inputs from various business areas, financial reconciliation processes)

· Corporate and Investment Banking – Financial Control (monthly capital allocations, comprehensive journal and reporting processes for a SPV, balance sheet substantiation)

· Finance Automation / Procurement (financial analyses on third party service providers, mapping of problem areas in finance processes and assisting in automating processes, building of Power Query solutions, compiling and presenting PowerPoint packs)

· Corporate Development (performing quarterly valuations and the related reasonability and sensitivity testing, financial modelling, market research, financial statement review, monthly accounting reconciliation processes)