Head Credit Systems and Special Projects - JHB at Nedbank

Job Responsibilities

• You will perform many of the functions of a product owner, identifying system improvements and collaborating with business and IT stakeholders to describe, prioritise and drive implementation of system enhancements. You will develop controls and optimise processes to ensure the accuracy, efficiency, and timeous delivery of regulatory reporting to the SARB PA and other stakeholders. 
• Your excellent communication, report writing, project management, data analysis, regulatory expertise and general credit knowledge combined with solid technical skills will be used to enhance processes, accuracy and efficiency for the calculation of credit RWA and related credit risk reporting and analysis for the entire group. 
• The role offers high visibility as recommendations, enhancements and status updates are tabled at board level committees, the South African Reserve Bank (SARB) and the bank’s internal and external auditors. 
• The team culture emphasises development, especially of leadership and behavioural skills. Our focus is on automation and digitisation, while our function provides insight and assurance into impairments, credit RWA, concentration risk, portfolio management, risk appetite, peer group analysis, financial disclosures, and various regulatory reports, all of which are presented to executive management and the Board. This provides opportunities for development and growth, and to develop an organisation-wide reputation for excellence.
• Interpret regulatory reforms and assess the impact on credit risk parameters, processes, results, and reporting.
• Provide assurance on credit RWA allocated across all products in the Group, including adherence to regulations, trend analysis and attribution.
• Drive process improvements across the credit risk reporting landscape, including BA returns, ICAAP, Pillar III, Analyst Booklet and IFRS9 Supplementary Reporting.
• Identify opportunities for credit RWA optimisation.
• Communicate insights and results to senior stakeholders to facilitate improved accuracy, efficiency, and management of credit risk. 
• Be a subject matter expert and provide input and assistance in the interpretation, implementation and optimisation of credit RWA regulations, as well as other related credit risk metrics.
• Project management of key deliverables, including co-ordinating the work and output of team members and contributors across the organisation.
• Documentation of findings, recommendations, business requirements, and project updates. Preparing written communications to various stakeholders, including executive committees, the SARB, external auditors of the bank and the Board.
• Ad-hoc tasks, reports, deep dives, and responding to SARB queries. 
• Contribute to a high-performance team culture via collaboration, knowledge sharing, mentoring, sprint planning and retrospectives, daily scrums, and project participation.
• Understand and embrace the Nedbank vision and values, and lead by example.
• Actively engage, manage, and influence diverse stakeholders.

Minimum Experience Level

• 10 years of relevant analytical experience including 5 years management experience, and 5 years credit risk experience

Essential Qualifications - NQF Level

• Professional Qualifications/Honour’s Degree

Preferred Qualification

• Honours degree in accounting/mathematics/statistics/engineering or similar quantitative/ financial qualification with relevant experience

Preferred Certifications

• FRM/CFA and/or recognised Credit Risk Practitioners certifications

Technical / Professional Competencies

• Financial reporting and reconciliations
• Knowledge of IFRS 9 for the calculation of credit impairments 
• Banks Act Regulations particularly credit-related BA returns, Pillar 3 reporting and Basel 3 Final Reforms
• Calculation of Credit RWA and Counterparty Credit Risk
• Understanding of credit modelling and rating process 
• MS Office, particularly Excel (advanced user) 
• Python, SAS and SQL
• Business analysis: map processes, identify improvements, implement solutions including simple automation, system requirements, documentation, testing, change management.
• Data analysis including extracting and transforming data. 
• Strong problem-solving skills, with experience in improving processes and automation.
• Execution skills including the able to design and implement effective and efficient solutions in a collaborative, constructive manner within tight deadlines.
• Excellent communication skills.
• Stakeholder management.