Latest Job Opportunities at Nedbank

Job Purpose

• To recommend and or grant credit to place quality assets on to the book and continued risk management across Nedbank CIB (Non-Banking Financial Institutions)

Job Responsibilities

• Validate client and supporting information by assessing the contents of the documents.
• Analyse credit applications by assessing serviceability of the funding applied for.
• Approve funding by making decision based on the credit policy guideline in conjunction with relevant Nedbank strategy and the analysis based on the information provided.
• Suggest alternative funding solutions by making recommendations based on the credit policy guideline and the analysis based on the information provided where declined.
• Build and maintain effective working relationships by providing a range of specialized credit risk management advisory services.
• 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.
• Adapt to changes in Legislation by providing input to redesigning credit processes and systems where applicable.
• Ensure processes are actioned within mandated signatories by checking and confirming the sign off.
• 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.
• 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.
• Incumbent will be responsible for the management and performance of the annual review function for the region’s book.
• Responsible for general credit administration.
• Ability to write credit recommendations to higher tiers for approval as well as understand and sign off on property leases, sale agreements. Must have an understanding of the companies Act, CC Act.
• Must hold a credit granting mandate at current job.
• Be responsible for the monthly reporting and ensure that the requisite reports are formalised within agreed timeframes.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• BCom (Hons), CA(SA) or CFA
• Minimum of 3 years’ Credit experience (CIB Preferably)

Preferred Certifications

• CA / MBA / CFA / CIMA / BCom

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

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Job Purpose

• To manage and lead the Operations function of Nedgroup Private Wealth Securities, to ensure the creation and sustainability of an operationally excellent support business unit through the execution of all transactional confirmations, reconciliations, settlements and defined administrative requirements within regulatory contractual and service level obligations and to ensure the seamless integration of the function with the Nedgroup Private Wealth Securities model and framework.

Job Responsibilities

• Build and maintain sound relationships with the relevant internal and external stakeholders.
• Ensure that all areas have grown confidence and relationships with internal and external clients (measured by client issue list and business survey).
• Ensure successful brand enhancement. Improve client relationships.
• Ensure alignment and achievement of strategy and create a completive advantage by translating the Nedbank and Business Unit strategy into a customised Divisional strategy.
• Develop and introduce a people strategy that will create a culture that drives the Cluster and Nedbank's vision and values.
• Build a high-performance team (Johannesburg, Cape Town and KZN) through managing resources, retention, and critical staff.
• Ensure that the leadership agenda has been embraced by the division/function.
• Manage performance of reports and hold them accountable for managing the performance of their reports.
• Actively build a culture of improvement. Participate in the recruitment and selection of senior staff. 
• Optimise performance and motivation.
• Empower team to make decisions and recommend tailored solutions to Business Unit specific problems. Ensure that the business area continually strives towards and meets operational excellence.
• Implement tactical and operational plans using the project management planning and implementation methodology.
• Achieve business benefits. Accomplish project goals that are in line with business.
• Ensure appropriate management of risk/s in the business area. Develop and communicate Operations strategy.
• Ensure clear audit reports. Identify, monitor, and manage systematic risk through quality financial and management reporting.
• Ensure the achievement of targets by monitoring implemented Divisional EE and Transformation Plan, analysing, and correcting any deviations.
• Contribute to a culture of transformation by participating in Nedbank culture building initiatives, business strategy, and CSI. Develop, implement, and measure the effectiveness of a strategy to build a differentiated culture. Manage, develop, and maintain the Nedbank Capital Operations Expense Budget, Limit losses of scarce financial resource by ensuring robust processes and controlled error rate to reduce unnecessary leakage.
• Apply approved principals in decision making to balance strategic and tactical decisions and deployment costs.
• Deliver on key projects for business and function.
• Deliver progress in the MIS project, which results in enhanced management of business through reporting and measurement.

Essential Qualifications

• Matric Certificate / National Senior Certificate 
• Bachelor of Commerce or similar / National 1st Degree 

Preferred Qualification

• CA (SA)/Post graduate Degree in Business Administration

Minimum Experience Level

• 10+ years' experience managing Operations in the Financial Services industry, which specifically includes experience in a Stockbroking firm, with a demonstrated track record of management of at least 5 years.

Technical / Professional Knowledge

• Business administration and management
• Capacity planning
• Change management
• Client service management
• Communication Strategies
• Diversity management
• Financial Accounting Principles
• Governance, Risk and Controls
• Relevant regulatory knowledge
• Strategic planning

Behavioural Competencies

• Customer Focus
• Inspiring Excellence
• Business Savvy
• Driving Execution
• Sharing Responsibility
• Strategic Influence

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Job Purpose

• To add value and enable business decisions through effective human resources analysis and reporting across a range of business areas.

Job Responsibilities

• Maintain high standards of analysis and reporting within defined time frames by scheduling and coordinating activities and identifying appropriate resources to perform these activities.
• Meet deadlines and targets through prioritising effectively, planning and communicating.
• Understand and meet stakeholders requirements through ongoing engagement.
• Develop and maintain complex spreadsheets while validating data integrity and accuracy.
• Challenge model builds through peer review participation and ensuring best practice.
• Interpret and manipulate data using a deep understanding of Microsoft Excel features and functions such as pivot tables, V-lookups, SUMIFS and VBA macros.
• Using advanced Excel knowledge to build and modify spreadsheets to automate the processing of large quantities of data in terms of data entry, analysis and reporting.
• Consolidate financial reports and make value added recommendations by using information from various sources.
• Ensure accurate financial results by reviewing reconciliations and following up on unreconciled items.
• Ensure accurate and timeous budgets are submitted and reviewed by ensuring that they align with key economic indicators and group strategic initiatives.
• Minimize manager reviewing time by performing comprehensive self review of deliverables.
• Provide meaningful recommendations, explanations and highlights of concerns or anomalies by analysing and interrogating financial information.
• Assist in the achievement of group collaboration initiatives by identifying opportunities to create beneficial partnerships and synergies.
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
• Manage defined risks in the finance function and risk categories at targeted levels by adhering to internal and external guidelines/policies/ procedures/business rules/ compliance and governance requirements.
• Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).
• Contribute to intellectual capital development by providing continuous motivation, mentoring, coaching and on the job skills training.
• Ensure all personal development plan activities are completed within specified timeframe.
• Identify training courses and career progression for self through input and feedback from management.

Essential Qualifications - NQF Level

• Professional Qualifications/Honour’s Degree

Minimum Experience Level

• 5 years in financial management preferably in the financial services industry and 2 years managing others.

Preferred Qualification

• Chartered Accountant
• Post graduate degree in Mathematics

Technical / Professional Knowledge

• Remuneration policies and principles
• Advanced Microsoft Excel skills
• Quantitative skills
• Data analysis
• Research methodology
• Relevant software and systems knowledge
• Business Acumen
• Governance, Risk and Controls
• Industry trends
• Relevant regulatory knowledge

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Job Purpose

• A Senior IT Manager is required to plays a crucial role in strategic oversight of systems and teams within our BITE area. This position involves steering the teams' operations, ensuring that infrastructure and applications align with business objectives while maintaining optimal performance and security standards

Job Responsibilities

• Lead project management efforts, from planning and design to execution and evaluation, ensuring projects are delivered on time and within budget.
• Oversee the development, implementation, and maintenance of the system/application infrastructure to ensure optimal performance and reliability.
• Facilitate collaboration between our execution (GT) team, and  other business units to support Nedbank initiatives and improve interdepartmental workflows and processes
• Manage vendor relationships, including negotiation of contracts and oversight of service delivery, to ensure the company receives high-quality products and services.
• Data analysis in aid to Investigate and playback on emerging technologies that could enhance operational efficiency or offer competitive advantages to the business

Job Responsibilities Continue

• Achieve client satisfaction objectives in support of strengthened business IT collaboration.
• Build sound professional relationships by understanding and consistently meeting client needs in support of improved delivery capabilities.
• Build sounds relationships with team, manager, peers.
• Deliver results in support of increased delivery capacity. Support increased delivery capacity.
• Ensure proper financing of the function.
• Manage and control budget for cost centre.
• Provide a flexible, low cost IT operating platform.
• Circumvent penalties imposed by third party agencies.
• Ensure self and team improve efficiency and productivity month on month in line with departmental strategic plans.
• Ensure transformational targets are met.
• Contribute to team effectiveness by participating in the recruitment and selection of senior staff.
• Contribute to a culture of transformation by participating in Nedbank culture building initiatives, business strategy, and CSI.
• Stay abreast of developments in field of expertise, ensuring personal and professional growth.
• Understand and embrace the Nedbank vision and values, leading by example. Ensure issues raised in culture survey are addressed and results are improved.
• Deliver a worldclass service by ensuring a client centric culture.
• Achieve operational excellence and support the implementation of business optimisation improvement.
• Add value to the business by encouraging team to generate innovative ideas and by sharing knowledge. Improve team efficiency and effectiveness year on year.
• Achieve business performance targets within required risk and compliance parameters.
• Support improved delivery capacity and capabilities.
• Ensure the effective and efficient implementation and operation of area in support of standardised delivery processes. Improve service delivery in support of strengthened business IT collaboration.
• Meet all agreed risk and compliance targets. Manage performance of staff by implementing performance agreements and ensuring a clear vision.
• Mentor and coach staff on identified performance gaps.
• Create environment of teamwork, keeping staff informed and encouraging participation in decision making processes and by motivating staff to perform and contribute to the success of the business.
• Identify talent pool through conducting career conversations and utilising the talent grid principles and developing talent retention programmes.
• Manage the onboarding process of new employees.

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Role Relevant Tertiary Qualification

Minimum Experience Level

• 4-6 years’ experience in IT and BI environment

Type of Technology Exposure

• Front ends on app and web-based applications, or platforms (Angular, Ios, Android)

Technical/ Professional Knowledge

• Governance, Risk and Controls
• Industry trends
• Microsoft Office
• Principles of financial management
• Relevant software and systems knowledge
• Decision-making process
• Business writing skills
• IT / Banking knowledge
• IT / Banking procedures

Behavioural Competencies

• Aligning Performance for Success
• Earning Trust
• Customer Focus
• Building talent
• Facilitating Change
• Influencing
• Driving for Results
• Planning and Organizing

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Job Purpose

• To provide claims administration support in respect of Long-term insurance matters to stakeholders in line with Nedbank strategy.

Job Responsibilities

• Assess and make decisions on General claims (Death, Retrenchment and Loss of income claims)
• Comply with Service Level Agreement or Claims Protocol by administering and facilitating the claims process.
• Reduce risk to Nedbank Group by monitoring, identifying and reporting trends in claims.
• Build networks with stakeholders by participating in forums.
• Identify, build and maintain relationships with stakeholders to understand their Long-term insurance needs.
• Meet client needs by ensuring claims are processed according to service level agreement and insurance policy.
• Initiate and process claims to finalisation by ensuring compliance to insurance policy.

Job Responsibilities

• Comply with Service Level Agreement or Claims Protocol by administering and facilitating the claims process.
• Reduce risk to Nedbank Group by monitoring, identifying and reporting trends in claims.
• Build networks with stakeholders by participating in forums.
• Identify, build and maintain relationships with stakeholders to understand their short term insurance needs.
• Meet client needs by ensuring claims are processed according to service level agreement and insurance policy.
• Initiate and process claims to finalisation by ensuring compliance to insurance policy.
• Comply with Service Level Agreements by adhering to self imposed standards and timeframes.
• Minimise risk by complying with all Nedbank policies 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 demonstrate the values through interaction with team and stakeholders.
• 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 information is provided correctly to stakeholders by maintaining and sharing knowledge with team.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc.).
• Participate and support corporate social responsibility initiatives for the achievement of key business strategies.
• Identify and recommend opportunities to enhance processes, systems and policies and support implementation of new processes, policies and systems.

People Specification

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate

Preferred Qualification

• Higher Certificate: Long -Term Insurance

Essential Certifications

Preferred Certifications

Minimum Experience Level

• 2 - 3 years Long- Term Insurance

Technical / Professional Knowledge

• Administrative procedures and systems
• Banking procedures
• Business principles
• Business terms and definitions
• Data analysis
• Governance, Risk and Controls
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Business writing skills
• Cluster Specific Operational Knowledge

Behavioural Competencies

• Earning Trust
• Collaborating
• Customer Focus
• Decision Making
• Initiating Action
• Work Standards
• Managing Work

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Job Purpose

• To lead a team responsible for the management and analysis of all financial activities; make recommendations in line with Nedbank strategy to enable the business to make informed financial decisions.

Job Responsibilities

• Manage daily activities to ensure accuracy and completeness of financials.
• Conduct business-related activities prior to month-end to ensure the correctness of financial results.
• Track ongoing financial performance by analysing month-end results and reporting to business and the Group.
• Enable financial performance against targets by identifying deviations and recommending corrective action or providing justification.
• Ensure business continuity by having processes and systems in place to support all activities.
• Meet internal customer requirements to ensure adherence to service level agreements.
• Build and maintain relationships with internal and external stakeholders through regular engagement.
• Participate in internal and external forums and committees to share and acquire understanding of factors influencing the business and the Group.
• Engage and co-ordinate with the business to translate business strategy into approved financial plans and targets in line with Group and regulatory requirements.
• Ensure compliance by managing adherence to Group Risk and Compliance policies and regulatory requirements.
• Mitigate financial risk by staying abreast of and aligning to changes in accounting standards, policies and regulatory requirements.
• Provide valuable insights to business through meaningful analytics and analyses – business performance and results relative to industry, etc.
• Provide valuable inputs and insights into pricing teams to ensure optimal client pricing.
• Plan, co-ordinate and manage team to achieve deliverables.
• Enhance productivity by identifying, implementing and supporting process improvements.
• Meet business objectives by making timeous and informed decisions.
• Optimise efficiency and embed correct values by ensuring direct reports understand and support Nedbank’s vision, values and strategy and are measured on delivery against these.
• Manage performance of reports and hold them accountable for managing the performance of their reports by implementing performance agreements, ensuring a clear vision, agreeing on goals and objectives, providing regular feedback on performance, recognising and rewarding achievement and taking appropriate corrective action where required.

Job Responsibilities Continue

• Identify relevant development needs by assessing own performance and behaviour through formal and informal feedback.
• Drive to execute own and direct reports planned development by attending learning, seeking coaching or other industry or technical learning events and opportunities.
• Maintain a capable high performing team by identifying a talent pool through conducting career conversations and utilising the talent grid principles and developing talent retention programmes (e.g. rotation).
• Build depth of skills and knowledge in the team of managers by sharing knowledge and insight with team members, ensuring mentoring, coaching and day to day activities.
• Improve productivity and reduce costs by improving work processes through offering innovative ideas and input and soliciting input from managers and teams.
• Ensure transformational targets are met through consideration of targets during the staff recruitment, retention and training process and utilising suppliers listed on the preferred supplier list for department.
• Contribute to a culture conducive to the achievement of transformation goals and support business strategies that improve the corporate image by ensuring self, managers and team participation in Nedbank culture building initiatives.
• Deliver a world class service through others by ensuring a client centric culture through required interventions.
• Identify areas of resource inefficiencies and promote optimisation through promoting multi-skilling and addressing capacity gaps by reviewing and improving work processes.

Minimum Experience Level

• 7 years financial management in financial services sector and 5 years managing others.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Chartered Accountants (SA) 

Technical / Professional Knowledge

• Business administration and management
• Client service management
• Financial Accounting Principles
• Governance, Risk and Controls
• Principles of project management
• Relevant regulatory knowledge
• Stakeholder management
• Strategic planning
• Talent management

Behavioural Competencies

• Building Partnerships
• Communication
• Building talent
• Guiding Team Success
• Continuous Improvement
• Building partnerships
• Driving for Results