Credit Executive: CIB Credit Risk IB&TS at Nedbank

Job Purpose

• To lead a team of managers in identifying and managing the banks high risk and potential high risk portfolio of accounts in order to minimise the banks loss and grow the business where possible through tracking deviations; implementing corrective actions; setting targets and removing barriers for delivery.

Job Responsibilities

• Formulate and enhance strategies, policies and procedures by benchmarking against best practices.
• Ensure strategies, policies and procedures are current (in line with market and client expectations) by monitoring market trends through board packs and utilising information from the knowledge centre.
• Ensure strategies, policies and procedures fit with business model by developing credit tactics within portfolios.
• Ensure compliance with regulations and legislation by operating within the regulations and enforcing recommendations from internal and external audits.
• Participate in forum meeting and discussions by presenting performance results, strategies, policies and procedures in meetings.
• Ensure bankability of applications by reading and assessing credit applications.
• Give feedback to stakeholders by generating and presenting: Divisional credit committee report; Group credit committee report and exceptional reports and returns on specific matters to shareholders & SARB.
• Support and share information and knowledge by providing professional input into: Operational risk committee report; EXCO report, Cluster OPCO report.
• Build and maintain external and internal relationships with peers in own and other departments and functions by networking internally and externally.
• Develop and keep mandate structure effective by reviewing annually and aligning to person experience, capability and role, allocate individual and group mandates within set parameters.
• Ensure training material from Learning and Development is in line with processes, policies and procedures by giving input, guidelines and sign-off of necessary support training material.
• Ensure policies and procedures are aligned to regulatory requirements by reviewing the policies in line with DI report, BASEL II and eCapital alignment and group-wide risk framework.
• Create the necessary structure and processes by allocating appropriate resources to debt collection.
• Sign-off provisions by ensuring compliance of debt collection strategy and asset retention position decisions. 
• Optimise efficiency and embed correct values by ensuring direct reports understand and support Nedbank's vision, values and strategy and are measured on delivery against these.
• Manage performance of reports and hold them accountable for managing the performance of their reports by implementing performance agreements, ensuring a clear vision, agreeing on goals and objectives, providing regular feedback on performance, recognising and rewarding achievement and take appropriate corrective action where required.
• Identify relevant development needs by assessing own performance and behaviour through formal and informal feedback.
• Drive to execute own and direct reports planned development by attending learning, seeking coaching or other industry or technical learning events and opportunities.
• Maintain a capable high performing team by identifying a  talent pool through conducting career conversations and utilising the talent grid principles and developing talent retention programmes.
• Build depth of skills and knowledge in the team of managers by sharing knowledge and insight with team members during mentoring, coaching and day to day activities.
• Improve productivity and reduce costs by improving work processes through offering innovative ideas and input and soliciting input from managers and teams.
• Deliver a world class service through others by ensuring a client centric culture through required interventions.
• Identify areas of resource inefficiencies and promote optimisation through promoting multi-skilling and addressing capacity gaps by reviewing and improving work processes.

Preferred Qualification

• Relevant Post Graduate Diploma/MBA 

Minimum Experience Level

• 10 years Senior Credit experience

Technical / Professional Knowledge

• Budget forecast assumptions
• Business administration and management
• Capacity planning
• Change management
• Financial Accounting Principles
• Governance, Risk and Controls
• Principles of project management
• Relevant regulatory knowledge
• Strategic planning
• Management information and reporting principles, tools and mechanisms

Behavioural Competencies

• Aligning Performance for Success
• Building Partnerships
• Decision Making
• Influencing
• Driving for Results
• Planning and Organizing