Regional Manager: Credit Risk at Nedbank

Job Responsibilities

• Ensure adequacy of impairments on the credit risk regional portfolio by engaging with value analytics team and using monthly monitoring tools and exception reporting
• Regularly reviewing collateral on credit risk matters which underpins impairments to ensure the accuracy and relevance of the collateral values considered in credit risk assessments by regularly reviewing collateral, financial institutions, quality of the collateral, allowing them to make informed adjustments to their Expected Credit Loss calculations.
• Ensure the portfolios (in collaboration with Underwriting) complies with Internal Revenue Service (IRS9) relative to Staging and Impairments to accurately represent the makeup of the portfolios in relation to the credit risk state type of a client by proactively reviewing the portfolios in collaboration with key stakeholders ensuring accurate client classifications and consequential Expected Credit Loss (ECL) correctness.
• Analyse reports and financial data to understand the movement of risk weighted assets/capital movements in the various portfolios as well as the composition of impairments per stage/client by interrogating and interpreting the financial data to understand client moves into various credit risk state types to ensure accuracy of regional and segment client moves, gauge financial impact and recommending course of action to accelerate financial growth for the business.
• Manage the quality of the MIS data to ensure that the portfolios are being managed within determined benchmarks and to take corrective action when benchmarks are being exceeded/reviewing data for inconsistencies and anomalies by proactively analysing data ensuring that credit risk discipline remains world-class at-risk management per strategic pillar of RBB/Nedbank.
• Innovate and embed the Credit Policy and standards within the credit risk discipline to ensure proper adherence to accepted credit risk standards to align with industry norms and practices, embedding same within the business to ensure compliance and effective framework of credit risk management.
• Ensure adequacy of internal processes and reporting to reduce or eliminate financial risk or loss through ongoing refinement, adherence and enhancement of the bank's processes and procedures.
• Define and set standards for credit risk function and share professional expertise in the relevant forums to foster consistency, transparency, and sound decision-making in credit risk management by developing a comprehensive framework outlining the organization's risk appetite, credit policies, and risk management procedures.
• Build and maintain collaborative business relationships that ensure effective risk management by collaborating and networking between various stakeholders to streamline and enhance the credit risk processes.
• Ensure that stakeholder expectations and customer complaints are managed by monitoring team deliverables according to policy and governance.
• Reduce or eliminate financial risk or loss through ongoing refinement, enforcing adherence to regulations and enhancement of the bank's processes and procedures.
• Ensure compliance and reduced credit and reputational risk by Implementing relevant legislation within the credit risk environment.
• Create a culture of information, knowledge sharing, trust, respect, and support to ensure a smooth workflow through leading by example and on-going engagement with the team and cross-functional teams.
• Ensure dissemination of knowledge pertaining to the bank's processes and procedures to relevant staff members through ongoing training and awareness sessions.
• Manage team effectively and efficiently across the HR value chain including recruitment, performance management, retention of critical staff, succession planning and coaching and talent management.

Minimum Experience Level

• 7 - 11 years' Credit lending or credit risk experience in a banking environment
• 4 - 5 years' Team Management / Leadership experience 
• Extensive understanding of legalities associated with lending and collateral
• Proven track-record on managing a large book.

Job Responsibilities Continue

• NQF Level 7 or Higher in a Financial or Banking related field essential 
• CIMA, Credit management degree or equivalent will be advantageous
• Own reliable vehicle and valid driver's license a must 
• Must be prepared to travel 

Technical / Professional Knowledge

• Business administration and management
• Change management
• Communication Strategies
• Financial Accounting Principles
• Governance, Risk and Controls
• Organisational behaviour theory
• Principles of project management
• Strategic planning
• Talent management
• Management information and reporting principles, tools and mechanisms