Senior Credit Manager at Nedbank

Job Purpose

• To provide a superior client service through people by applying sound lending credit principles thereby enabling Nedbank to grow its client base within an acceptable credit risk appetite.

.

Job Responsibilities

• Build and maintain effective working relationships with stakeholders by providing a range of specialized credit risk management advisory services.
• Manage client expectations by operating within the specified parameters and Service Level Agreements (SLA).
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (eg: staff surveys etc).
• Participate and support corporate responsibility initiatives for the achievement of business strategy (eg: . Green Strategy).
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
• Ensure compliance by sanctioning credit decisions based on the credit policy guideline in conjunction with relevant Nedbank strategy and the analysis based on the information provided within applicable mandate.
• Enhance policies and procedures by recommending and making submissions to the relevant parties.
• Adapt to changes in Legislation; economic and industry conditions by implementing the changes to credit policies; processes and systems where applicable.
• Manage and sustain acceptable credit risk appetite by applying credit risk management processes to diverse portfolios.
• Give overview of the book by developing and preparing portfolio review presentations based on the Management Information System (MIS).
• Identify the various credit risks pertaining to a client by analysing and interpreting financial; market and business information.
• Ensure quality of submissions of credit applications /reviews / portfolio reports by reviewing and evaluating information from direct reports and stakeholders.
• Suggest alternative funding solutions by making recommendations based on the credit policy guideline and the analysis based on the information provided.
• Manage daily activities of direct reports by monitoring the staff output.
• Manage performance and build the intellectual capital of the team by conducting on the job training; counselling and coaching.
• 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 (eg: operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
   

Essential Qualifications

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Professional Qualifications/Honour’s Degree

Essential Certifications

• CA, CFA, MBA

Preferred Certifications
Type of Exposure

• Working with a group to come up with alternative solutions to a problem
• Analysing situations or data that require an in depth evaluation of multiple factors
• Building and maintaining effective cross-functional relationships with internal and external stakeholders
• Interacting with various levels of management
• Managing conflict situations
• Managing multiple projects or portfolios
• Influencing stakeholders to obtain buy-in for concepts and ideas.
• Brainstorming ways of improving a product or situation
• Challenging the status quo with a view to improving the environment or people's understanding
• Identifying trends

Minimum Experience Level

• 5 years Credit Risk Management experience within banking environment, credit risk management in the commercial and industrial property market
• Must hold a credit granting mandate at current job
• Must have an understanding of Property Finance and respective funding models, including Basel II requirements
• Must have experience in property development funding – residential developments, commercial and building loans, etc.

 
Technical / Professional Knowledge

• Banking knowledge
• Business principles
• Communication Strategies
• Data analysis
• Governance, Risk and Controls
• Research methodology
• Decision-making process
• Business Acumen
• Portfolio management
• Industry and Economic trends

Behavioural Competencies

• Coaching
• Communication
• Decision Making
• Work Standards
• Managing Work
• Technical/Professional Knowledge and Skills
• Employment Equity Statement
• Preference will be given to underrepresented groups