Credit Manager: NBFI at Nedbank

Job Purpose

• To recommend and or grant credit to place quality assets on to the book and continued risk management across Nedbank CIB (Non-Banking Financial Institutions)

Job Responsibilities

• Validate client and supporting information by assessing the contents of the documents.
• Analyse credit applications by assessing serviceability of the funding applied for.
• Approve funding by making decision based on the credit policy guideline in conjunction with relevant Nedbank strategy and the analysis based on the information provided.
• Suggest alternative funding solutions by making recommendations based on the credit policy guideline and the analysis based on the information provided where declined.
• Build and maintain effective working relationships by providing a range of specialized credit risk management advisory services.
• Manage client expectations by operating within the specified parameters and Service Level Agreements (SLA).
• Enhance processes, policies and procedures by recommending and making submissions to the relevant parties.
• Adapt to changes in Legislation by providing input to redesigning credit processes and systems where applicable.
• Ensure processes are actioned within mandated signatories by checking and confirming the sign off.
• Support the achievement of the business strategy, objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems, process, services and solutions are aligned.
• Identify training courses and career progression for self through input and feedback from management.
• Ensure all personal development plan activities are completed within specified timeframe.
• Incumbent will be responsible for the management and performance of the annual review function for the region’s book.
• Responsible for general credit administration.
• Ability to write credit recommendations to higher tiers for approval as well as understand and sign off on property leases, sale agreements. Must have an understanding of the companies Act, CC Act.
• Must hold a credit granting mandate at current job.
• Be responsible for the monthly reporting and ensure that the requisite reports are formalised within agreed timeframes.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• BCom (Hons), CA(SA) or CFA
• Minimum of 3 years’ Credit experience (CIB Preferably)

Preferred Certifications

• CA / MBA / CFA / CIMA / BCom

Minimum Experience Level

• 2-3 years Credit Risk Management experience within Banking environment

Technical / Professional Knowledge

• Banking procedures
• Business principles
• Communication Strategies
• Data analysis
• Governance, Risk and Controls
• Nedbank policies and procedures
• Principles of project management
• Relevant regulatory knowledge
• Decision-making process
• Cluster Specific Operational Knowledge

Behavioural Competencies

• Communication
• Decision Making
• Initiating Action
• Managing Work
• Quality Orientation
• Technical/Professional Knowledge and Skills