Manager: Credit Risk Reporting at Nedbank

Job Purpose
To report on key aspects of the credit portfolio covering origination, profitability, ongoing performance and collections across the Group. The incumbent will be required to provide oversight and contribute to the optimisation of the credit portfolio in line with Nedbank’s strategic objectives.

Job Responsibilities

• To provide accurate and insightful analysis and commentary on the credit portfolio across the Group, including business units and subsidiaries
• Guide and support Internal (Senior management and the Board) and External Stakeholders (Regulators and the Investor Community) through formal and informal information sharing relating to credit origination, pricing, monitoring, risk migration, portfolio optimisation, collections etc.
• Enable the compilation of reliable, accurate, relevant, insightful and timeous reports to relevant stakeholders 
• Analysis of credit and risk data, including extraction, cleaning, and accuracy of data.
• Application of advanced or best practice methods and techniques in the analysis and presentation of information. 
• Ensure quality reports are produced and where necessary recommend improvements.
• Build and maintain an effective working relationship with all stakeholders. Includes developing and expanding own knowledge of credit processes, policies and documentation and business strategies by attending formal credit meetings.
• Drive reporting automation and process enhancements in line with the banks digitisation drive.
• Participation and contribution to special projects to improve data, reporting standards, and system enhancements.
• Assist with secretariat functions for the Group Credit Committee, Executive Credit Committee and other related committees and forums.
• Planning and preparation of ad-hoc and special reports as and when required.
• Job responsibilities continued
• Give an overview of the book by developing and preparing portfolio review presentations based on Management Information Systems (MIS).
• Provide feedback monthly by drafting business reports as at month end.
• Build and maintain effective working relationships by attending regular staff meeting and team building sessions.
• Build strong relationships by engaging with stakeholders on credit processes, policies, information and documentation.
• Build intellectual capital of the team by knowledge sharing with all stakeholders.
• Meet stakeholder expectations by delivering output and resolving queries within turnaround times.
• Enhance policies and procedures by identifying and reviewing ineffective processes and systems.
• Enhance processes by constantly seeking innovative improvements to the credit systems.
• Adapt to changes in Legislation by enforcing the compliance to the changes.
• Improve team performance by identifying staff performance gaps from assessment evaluations and analysing performance data from the Management Information System (MIS).
• Manage quality of portfolio by enforcing adherence to bank policies, process and procedures and industry regulations.
• Implement sound credit risk management by providing advice on credit risk matters to stakeholders.
• Achieve operational excellence by supporting the implementation of business optimisation improvement through team engagement.
• 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.
• Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
• Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
• 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 responsibility initiatives for the achievement of business strategy (e.g.. Green Strategy).
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.

Minimum Experience Level

• 5 years banking experience that must include 1 – 2 years relevant credit risk reporting experience

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees
• Professional Qualifications/Honour’s Degree

Preferred Qualification

• Post graduate qualification in Risk Management, Accounting or Finance / CA (SA)  

Type of Exposure

• Bid data, specifically credit
• Exposure to the whole credit life cycle
• Group-wide exposure to the business including investment banking, retail, business banking, and African operations
• Access to senior management and executives across the Group
• Working within a group and individually to achieve a common goal 
• Drafting reports (MS Powerpoint, Word etc) 
• Knowledge of credit risk management processes

Technical / Professional Knowledge

• Client service management
• Financial Accounting Principles
• Governance, Risk and Controls
• Operations planning
• Organisational systems
• Principles of project management
• Relevant regulatory knowledge
• Strategic planning
• Management information and reporting principles, tools and mechanisms
• Information Technology concepts