Manager: Credit Risk at Nedbank

Job Purpose

• To assess proposed re-restructure of debt stressed credit agreements within limited guidelines and policies.

Job Responsibilities

• Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
• Create world-class client service by resolving queries effectively within turnaround times.
• Implement business risk management practices by identifying and assessing the risk and take appropriate action.
• Obtain buy-in for developing new and/or enhanced processes (eg: operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
• 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.

Other Job Description

• Analyse proposed restructure by assessing affordability and risk.
• Validate client and supporting information by assessing the contents of the documents.
• Approve restructure by making decision based on the credit policy guideline in conjunction with relevant Nedbank strategy and the analysis based on the information provided.
• Build and maintain effective working relationships with internal and external stakeholders by providing a range of specialized credit risk management advisory services, support; communicating effectively and conducting self professionally.
• 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.
• 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.
• Meet monthly individual and team performance (Business and Financial) targets by proactively managing the portfolio.
• 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.
• Drive efficiency of team delivery by planning and executing business strategies and reviewing daily reports.
• Manage performance; skills and knowledge of the team by conducting on the job training; counselling and coaching.
• Identify team performance gaps by conducting performance evaluations and analysing performance data from the Management Information System (MIS).

Minimum Experience Level

• 10 years practical Credit experience
• 5 years Debt Counselling experience
• Practical Home loan Credit experience
• Debt counselling / Collections

Preferred Qualification

• Matric/Senior Certificate
• Advanced Diplomas/National 1st Degrees
• Relevant post graduate qualification.

Type of Exposure

• Working with a group and individually to identify alternative solutions to a problem
• Analysing situations or data that requires an in depth evaluation of multiple factors
• Analysing and interpreting qualitative and quantitative data
• Interacting various levels of management
• Managing conflict situations.
• Managing multiple projects
• Influencing stakeholders to obtain buy-in for concepts and ideas
• Sharing information in different ways to increase clients understanding
• Preparing and delivering presentations.
• Providing professional advice/opinion

Technical / Professional Knowledge

• Banking knowledge
• Banking procedures
• Business Acumen
• Communication Strategies
• Data analysis
• Governance, Risk and Controls
• Industry trends
• Nedbank policies and procedures
• Principles of financial management
• Principles of project management

Behavioural Competencies

• Communication
• Customer Focus
• Decision Making
• Work Standards
• Managing Work
• Technical/Professional Knowledge and Skills

Closing Date:18 December 2020