Senior Manager: Credit Risk at Nedbank

Job Purpose

• We are looking for a Senior Manager: Credit Risk to apply credit risk management principles and manage staff in order to minimize risk and impairment charges and to provide client services in support of Nedbank strategies taking into account geographic and legal nuances.

Job Responsibilities

• Manage reports through early actioning of exceptions and arrears and excesses.
• Manage daily activities of direct reports by monitoring the staff output.
• Suggest alternative funding solutions by making recommendations based on the credit policy guideline and the analysis based on the information provided.
• Adapt to changes in Legislation, economic and industry conditions by implementing the changes to credit policies, processes and systems where applicable.
• Manage and rehabilitate clients through assessing clients financials either through physical or virtual engagements and provide alternate funding solutions.
• Identify systems and process improvement initiatives by escalating for decisions to relevant stakeholders.
• Make correct credit decisions on a consistent and timeous basis first time round by complying to service level agreements.
• Demonstrate an understanding of client needs by providing feedback on application decisions based on Nedbank's risk appetite.
• Upskill stakeholders by sharing knowledge on service offerings and client needs.
• Guide and support internal stakeholders through formal or informal knowledge sharing.
• Collaborate with external stakeholders through regular communication and feedback.
• Action reports by monitoring, distributing and collating information.
• Manage and support direct reports by providing advise on strategies and/or deliverables.
• Utilize resources by allocating activities according to business needs.
• Interpret, analyse and draw logical conclusions on client information to assess level of risk by interpreting financial information within the ambit of banking regulations, and formulate client solutions.
• Resolve work challenges by initiating action plans in accordance with policies and procedures.
• Contribute to policy, procedures and standards enhancement by providing input/suggestions.
• Support the achievement of the business strategy, objectives and values by reviewing Nedbank 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.

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Diploma

Preferred Qualification

• B.Tech in Credit Management or B.Comm or studying towards a degree in Finance, Banking or Commerce

Minimum Experience Level

• 2 years managerial experience
• 5 -8 years credit lending or credit risk experience in a banking environment.

Behavioural Competencies

• Driving for Results
• Decision Making
• Planning and Organizing
• Aligning Performance for Success
• Building Trusting Relationships
• Building Partnerships

Technical / Professional Knowledge

• Data analysis
• Governance, Risk and Controls
• Industry trends
• Principles of financial management
• Relevant regulatory knowledge
• Working with a group to identify alternative solutions to a problem
• Building and maintaining effective relationships with internal and external stakeholders
• Analysing and interpreting quantitative and qualitative data
• Relevant Nedbank policies and procedures
• Banking knowledge