Credit Risk Appetite & Portfolio Man at Nedbank

Job Purpose

• The role of "Specialist: Credit Portfolio Management" within Group Credit Risk reports to the Senior Manager: Credit Risk Appetite and Portfolio Management. The incumbent is responsible for facilitating credit risk appetite and portfolio tilt initiatives across the Group while assisting with various forms of analytics.

Job Responsibilities
Provide intelligence on credit appetite and portfolio management

• Assist in the development of a holistic credit risk appetite and portfolio tilt analytical tools.
• Stay abreast of clusters' credit strategies and monitor alignment to credit risk appetite tolerance levels. recommend changes to credit risk appetite, where appropriate and supported by adequate analysis, to ensure the group can action each element of the credit strategy.
• Identify and recommend credit RWA optimisation and portfolio tilt initiatives for the asset side of the Group's balance sheet.
• Assist in proactively assessing strategic implication of IFRS 9, Basel III and future regulatory changes.
• Contribute to the Group's strategic planning process, including constructive input to allow challenge and debate with business clusters, and recommendations into the Group's portfolio tilt initiatives.
• Provide input and review of the three-year planning process.

Managed financial and business results

• Monitoring and analysis of credit targets/limits/utilisation to ensure business alignment to agreed risk appetite measures.
• Assist in reviewing reports prepared by the business units.
• Make recommendations to enable the alignment of the credit policy and risk appetite.
• Contribute towards financial targets by monitoring and improving credit risk.

Managed stakeholder relationships

• Identify, establish and maintain relationships with key stakeholders.
• Add value to the data obtained, analysis performed, and insights reported.
• Assist in the provision of independent opinion to stakeholders to inform prudent credit risk management.

Managed Internal processes

• Address immediate and emerging risks by performing regular and ad hoc monitoring exercises.
• Ensure compliance of agreed corrective actions by continuous monitoring.
• Ensure alignment of business to policy and regulations by monitoring and making recommendations.
• Ensure accuracy and quality by monitoring work done.
• Produce reports for the Group Credit Committee (GCC) and other committees/forums on agreed matters or ad hoc reporting where required.
• Ability to assist and function in the teams within the greater Group Credit Risk division.

Minimum Experience Level

• 1 – 3 years credit or finance experience, within the banking industry1 – 3 years data analytics and/ or data science skills
• Essential Qualifications - NQF Level
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Bachelors Degree in Commerce (Finance, Accounting) or Quantitative Risk Management

Type of Exposure

• Conducting root cause analysis
• Analysing situations or data that requires an in-depth evaluation of multiple factors
• Developing ways to minimize risks
• Influencing stakeholders to obtain buy-in for concepts and ideas
• Sharing information in different ways to increase stakeholders understanding
• Executing strategy
• Working with a group to identify alternative solutions to a problem
• Interacting with diverse people
• Building and maintaining effective relationships with internal and external stakeholders
• Analysing and interpreting quantitative and qualitative data
• Interacting with various levels of management
• Managing multiple projects

Technical / Professional Knowledge

• Business Acumen
• Industry trends
• Microsoft Office
• Principles of project management
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Risk management process and frameworks
• Business writing skills
• Microsoft Excel
• Quantitative Skills

Behavioural Competencies

• Adaptability
• Applied Learning
• Earning Trust
• Communication
• Stress Tolerance
• Driving for results
• Continuous Improvement
• Technical/Professional Knowledge and Skills