Restructures Officer at Nedbank

Job Purpose

• To assess credit agreements by conducting an assessment to check the affordability in line with credit policy and restructure systems to rehabilitate clients in line with the business strategy. 

Job Responsibilities

• Manage costs by limiting stationery use, personal and business calls so as to remain within the allocated budget
• .Ensure that credit assessments are completed in line with bank policy to mitigate and manage the financial loss within the prescribed timeframes e.g. 48 hours
• Ensure that targets are met by planning and organising daily activities
• .Ensure that quality is met by adhering to the quality standards that has been aligned with organisational objectives.
• Establish and maintain sound working relationships with internal stakeholders like team and other business units by clear and knowledgeable communication methods and knowledge sharing.
• Ensure that a client centric approach is adopted by understanding the needs of the customers and delivering service to meet those needs
• Ensure that work is completed by planning and organising activities in line with set out targets and objectives
• Assess the income and expenditure of the client through completion of affordability assessments and verification through different channels
• Conduct assessments to get to a required outcome which could be either an approval or a decline
• Restructure credit agreements to commence if approval is obtained;  in line with policies and procedures
• .Mitigate risk by adhering to quality assurance and governance compliance e.g. all rules built into system that would ensure all applications are compliant.
• Ensure that the allocated resources are utilised effectively by adhering to policy and procedures
• Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters, websites and attending sessions.
• Understand and embrace the Nedbank Vision and Values by demonstrating the values through interaction with team and stakeholders.
• Ensure that own contribution and participation contributes to the achievement of team goals.
• Create and manage own career through guidance and support of management, department and colleagues.
• Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.
• Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed, experience practiced and certifications obtained and/or maintained within specified time frames.
• Ensure knowledge management, continuity and team success through constructive participation in a diverse team and sharing knowledge with team.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives.
• Participate and support corporate social responsibility initiatives for the achievement of business strategy, training/awareness on digital forensic examination to external parties on pro bono basis.
• Identify opportunities to improve or enhance processes by identifying and recommending improvements to tools, policies and  procedures to add value to Nedbank.

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate

Preferred Qualification

• Diploma: Credit Management.

Minimum Experience Level

• 2 years experience in credit in a banking or financial services environment