RRB Senior Manager: Credit Risk at Nedbank

Job Purpose

We are looking for a Senior Manager: Credit Risk to apply credit risk management principles and manage staff in order to minimize risk and impairment charges and to provide client services in support of Nedbank strategies.

Job Responsibilities

• Manage reports through early actioning of exceptions.
• Manage and rehabilitate clients by getting backward roll on arrears
• Identify systems and process improvement initiatives by escalating for decisions to relevant stakeholders.  
• Make  correct credit decisions on a consistent basis first time round by complying to service level agreements.
• Demonstrate an understanding of client needs by providing feedback on application decisions based on Nedbank's risk appetite.
• Upskill stakeholders by sharing knowledge on service offerings and client needs.
• Guide and support internal stakeholders through formal or informal knowledge sharing.
• Collaborate with external stakeholders through regular communication and feedback.  
• Action reports by monitoring, distributing and collating information.
• Manage and support direct reports by providing advise on strategies and/or deliverables.
• Utilize resources by allocating according to business needs.
• Analyse client information to assess level of risk by interpreting financial information within the ambit of banking regulations.
• Resolve work challenges by initiating action plans in accordance with policies and procedures.
• Contribute to policy, procedures and standards enhancement by providing input/suggestions.
• 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.

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Diploma

Preferred Qualification

• B.Tech in Credit Management or B.Comm or studying towards a degree in Finance, Banking or Commerce

Minimum Experience Level

• 5 -8 years credit or credit risk experience in a banking environment.
• Atleast 3 - 5 years management experience 

Behavioural Competencies

• Driving for Results
• Decision Making
• Planning and Organizing
• Aligning Performance for Success
• Building Trusting Relationships
• Building Partnerships

Technical / Professional Knowledge

• Data analysis
• Governance, Risk and Controls
• Industry trends
• Principles of financial management
• Relevant regulatory knowledge
• Working with a group to identify alternative solutions to a problem
• Building and maintaining effective relationships with internal and external stakeholders
• Analysing and interpreting quantitative and qualitative data
• Relevant Nedbank policies and procedures
• Banking knowledge