Credit Manager: Special Portfolio at Nedbank

Job Purpose

• The Credit Manager will need to demonstrate proactive management of financially distressed and non-performing clients - understanding client's businesses, setting appropriate client strategies, solution driven which combined actions translate into customer retention and rehabilitation without compromising the bank's risk.
• The purpose of this role is to assist the Senior Credit Manager and Credit Executive in effectively and efficiently managing a portfolio of high-risk clients through the interaction with CIB, Property Finance, Rest of Africa and Special Portfolio’s Credit, Legal and Administration structures, as well as manage multi-lender situations in consortiums.

Job Responsibilities

• Recommend and present credit decisions to mandated credit committees and assist in implementing the credit decisions and monitoring the financial health post the implementation of the credit decision.
• Research and analyse information using appropriate problem identification techniques in order to propose a solution(s) and be able to oversee the implementation of the solution after approval.
• Interact with various stakeholders in CIB to assist with formulating appropriate solutions for each client.
• Interact externally with clients, external auditors, lawyers and other banks.
• Prepare and review MIS for the allocated portfolio which includes all reporting requirements for credit and operational risk monitoring as well as model back-testing & calibration.
• Active contributor to discussions in Special Portfolio credit committee.
• Need to have a good working knowledge of financing and security structures.
• A working knowledge of the Insolvency Act and Chapter 6 of the Companies Act will be advantageous.
• Must be able to work effectively within a team and have a high tolerance for stressful situations.
• Needs to be able to be adaptable and flexible and think of solutions outside of the normal credit parameters.
• Need to have a high degree of financial acumen and an ability to perform under pressure.
• Good communication skills are vital, as are analytical thinking and attention to detail.

Preferred Qualification

• B.Com (Hons), CA(SA) or CFA

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