Senior Credit Manager at Nedbank

Job Purpose

Responsible for the overall credit risk management of a portfolio comprising commercial / residential properties and equity lending exposures in line with the credit policies and the overall business strategy of the company.

This includes evaluation and structuring of new opportunities, initial credit due diligence and preparing recommendations to the credit committee as well as ongoing monitoring.

Job Responsibilities

• Demonstrate credit granting specialist skills in assessing and structuring complex lending transactions to meet credit risk appetite targets.
• Demonstrate and display profound understanding and experience in the finance of commercial and industrial real estate properties.
• Evaluate an individual’s or company’s stability, adeptness of management team and creditworthiness by analysing relevant documents including balance sheets, income statements, and rent rolls etc. Validates any assumptions, projects and overall borrower viability and ability to repay the credit request. Uses internal and web-based analysis tools as needed to document findings.
• Conduct industry and company specific research in order to assess the credit worthiness of potential new credit transactions.
• Preparation and review of credit proposals and motivate transactions to the Credit Committee for approval.
• Maintain good relationships with various stakeholders (front office and support teams) and provide accurate information
• Demonstrate an understanding of credit and risk assessment tools, risk measurement and rating methodologies, including their underlying assumptions and potential weaknesses.
• Demonstrate resilience and ability to work in a competitive and highly pressurised work environment to ensure that deadlines are met.
• Provide ad hoc training and coaching to junior credit or new staff members through provision of relevant materials, explanations and/or presentations.
• Performs other related duties where required and deemed necessary.

People Specification

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Diploma

Preferred Qualification

Minimum Qualification

• B.Comm in Credit Management
• B.Com (Hons),
• CA(SA)

Essential Certifications

Preferred Certifications

Minimum Experience Level

• Minimum of 5 years experience in Credit Assessment and Banking.
• Experience working in Commercial Property Finance Deals.
• Experience working in HNW clients environment.

Technical / Professional Knowledge

• Business administration and management
• Change management
• Client service management
• Communication Strategies
• Financial Accounting Principles
• Governance, Risk and Controls
• Operations planning
• Principles of project management
• Management information and reporting principles, tools and mechanisms
• Relevant Governance controls and regulatory knowledge

Behavioural Competencies

• Aligning Performance for Success
• Decision Making
• Building talent
• Business Acumen
• Driving for Results
• Delegation and Empowerment