Manager Credit Risk Portfolio Management at Nedbank

Job Purpose

To provide client service by applying sound credit risk management principles with approved credit mandates through management of a designated portfolio of clients across multiple products enabling Nedbank to reduce the cluster impairment charge with the view to rehabilitate the client, in line with the business or individual turnaround strategy.

Job Responsibilities

• Give an overview of the book by developing and preparing portfolio review presentations based on Management Information Systems (MIS). Manage performance
• Manage performance and efficiency of the team (where applicable) by conducting on the job training, counselling, coaching and monitoring daily activities
• Ensure processes are actioned within mandated signatories by checking and confirming the sign off                                                                                                                     
• Manage default accounts timeously by obtaining acceptable repayment arrangements or handover portfolio to legal collections
• Enhance policies and procedures by reviewing recommended submissions from other partiesEnhance processes by constantly seeking innovative improvements to the credit systems Adapt to changes in Legislation by enforcing the compliance to the changes Ensure clean audit in area of responsibility by enforcing adherence to bank policies, process and procedures and industry regulations
• Implement sound credit risk management by providing advice on specialized credit risk matters to cross functional teams and direct reports, where applicable
• Approve funding by making decisions based on the credit risk policy guideline and credit norms in conjunction with relevant Nedbank strategy and the analysis based on the information provided  
• Develop client exit or rehabilitation strategies by conducting inter-alia review of client facilities
• Motivate staff where applicable to perform and contribute to the success of the business by creating environment of teamwork through engaging with staff (sharing information) and encouraging participation in decision making processes   
• Approve funding by making decisions based on the credit risk policy guideline and credit norms in conjunction with relevant Nedbank strategy and the analysis based on the information provided  
• Develop client exit or rehabilitation strategies by conducting inter-alia review of client facilities
• Motivate staff where applicable to perform and contribute to the success of the business by creating environment of teamwork through engaging with staff (sharing information) and encouraging participation in decision making processes       

Essential Qualifications:

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• BCom, BTech or Diploma in Credit

Minimum Experience Level

• 5 years in Banking within Credit environment

Behavioural Competencies

• Building Partnerships
• Coaching
• Communication
• Customer Focus
• Driving for Results
• Selecting Talent

Technical / Professional Knowledge

• Business administration and management
• Change management
• Client service management
• Communication Strategies
• Financial Accounting Principles
• Governance, Risk and Controls
• Organisational systems
• Principles of project management
• Strategic planning
• Management information and reporting principles, tools and mechanisms