Current Vacancies at NedBank

Job Purpose

To facilitate and deliver Nedbank’s B-BBEE Transformation Strategy in conjunction with business, set targets, create the B-BBEE scorecard, monitor execution, provide subject matter expertise, ensure compliance with the relevant B-BBEE legislation and ensure that the bank remains at the forefront of transformation.

Job Responsibilities

• Developing the B-BBEE scorecard scenarios and strategy for the annual business planning process.
• Managing the Group’s and subsidiaries’ annual B-BBEE verification process.
• Ensuring that the bank is compliant with all B-BBEE and related legislation.
• Submission of all compliance reports internally and externally.
• Co-creating or updating the Business Transformation policy and Risk Frameworks and effective risk management.
• Providing technical and subject matter expertise around the relevant B-BBEE legislation i.e. Financial Sector Code, DTI Codes of Good Practice and other related B-BBEE legislation
• Educate and inform business of developments in the B-BBEE landscape and other industry-related matters.
• Producing the Group and Cluster scorecards on a monthly basis including the Transformation cost-benefit model.
• Managing the agreement and delivery of Group and Cluster Targets. Understanding actuals achieved to targets to identify business needs or areas of assistance to be able to add value and maximize the scorecard. If targets are not met, identify cause and facilitate the development of corrective action.
• Managing internal reporting to various committees within the bank e.g. CEO’s pack, Group EXCO, Transformation and Human Resources Committee (TRAHRCO), Group Transformation Social and Ethics Committee (GTSEC), Nedbank Diversity, Equity and Inclusion Committee (NDEIF), Group Transformation Forum (GTF), Group Procurement Committee (GPC) Forum etc. And ensure required standards of delivery are met.
• Attendance to relevant committee meetings as required ensuring representation from the Group Transformation Unit e.g. NDEIF, GPC
• Managing the responses to external questionnaires and surveys e.g. Financial Sector Transformation Council (FSTC), Banking Association South Africa (BASA), National Credit Regulator (NCR), , Empowerdex, Intellidex, etc.
• Stakeholder engagement to create and drive the development of projects and assist in implementation while ensuring alignment to related B-BBEE legislation.
• Managing adhoc strategic Transformation Work streams to ensure that all agreed outcomes are achieved.
• Managing the operationalizing of the automated B-BBEE system including scenario planning capability and ensure that legislative changes are updated.
• Engaging other institutions and key external stakeholders around best practice in Transformation with a view to identifying opportunities and keeping up to date with Transformation trends.
• Managing communications, media and sponsorship opportunities with a view to creating a positive reputation and image for Nedbank.
• Dealing with any B-BBEE requests from Group e.g. Develop the Transformation Review Chapter for integrated reporting, information for Tender submissions.
• Proficient in MS Office.
• Good business writing skills and paying attention to detail.
• Ability to analyse and assimilate information related to B-BBEE.
• Implement new ways of working to connect more often and support team members and deliver high-performance and improve productivity.
• Identify training courses and career progression for self through input and feedback

People Specification

Essential Qualifications - NQF Level

• Bachelor’s Degree in Commerce (Financial Management/Auditing/Quants/Similar)

Preferred Qualification Short Description

• Bachelor’s Degree in Commerce (Law or Similar)
• BEE MDP Programmes

Minimum Experience Level

• Minimum 5 - 7 years from a BEE Financial Services perspective. Must have experience working with the Financial Sector code.

Exposure Short Description

• Conducting root cause analysis and gap analysis.
• Analysing situations or data that requires an in-depth evaluation of multiple factors.
• Developing ways to minimize risks.
• Drafting reports and checking accuracy of reports and records.
• Managing conflict situations.
• Influencing stakeholders to obtain buy-in for concepts and ideas.
• Sharing information in different ways to increase stakeholders understanding.
• Brainstorming ways of improving a product or situation.
• Communicating standards to others.
• Building and maintaining effective relationships with internal and external stakeholders.
• Managing multiple projects.
• Preparing and delivering presentations.
• Using different approaches in new work situations.

Technical / Professional Knowledge

• B-BBEE Codes and related B-BBEE legislation, understand and interpret the Codes in detail with specialist knowledge and determining relevance and impact to Nedbank
• Microsoft Office with Advanced PowerPoint, Excel and Word.
• Business writing and report writing
• Relevant regulatory knowledge
• Industry trends
• Business acumen
• Relevant software and systems knowledge
• Banking knowledge
• Principles of financial management
• Principles of project management
• Business principles, terms and definitions
• Data analysis and assimilation of data
• Decision-making process
• Governance, Risk and Controls
• Basic computer concepts
• Information Technology concepts

Behavioural Competencies

• Building Trust
• Decision Making
• Facilitating Change
• Gaining Commitment
• Initiating Action
• Innovation
• Attention to detail
• Quality assurance
• Becoming a Business Advisor
• High-Impact Communication

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Job Purpose

• To analyse and monitor data to minimise operational risk and ensure governance in the achievement of business needs

Job Responsibilities

• Analyse data sets to identify trends and gaps; escalate exceptions and recommend corrective measures to mitigate potential risks and ensure an appropriate risk profile for the relevant business units.
• Develop and monitor risk related reports to ensure business units and management understand and take appropriate action on inherent risks and understand the impact of the decisions made to mitigate the risk.
• Develop monitoring processes and models.
• Improve on existing Risk frameworks to monitor delivery and conduct risk impact analysis against business strategy.
• Ensure own deliverables are accurate; timely; in the correct format and tailored to meet stakeholder requirements.
• Provide recommendations and monitor implementation and impact on business to achieve business results.
• Participate in Nedbank Culture building initiatives (eg.
• Staff surveys etc.) contributing to a culture conducive to the achievement of transformation goals.
• Participate and support corporate social responsibility initiatives for the achievement of business strategy.
• Identify opportunities to improve or enhance processes by identifying and recommending improvements to tools; policies and procedures to add value to Nedbank.
• Support implementation of new processes; policies and systems to add value to Nedbank.
• Understand and embrace the Nedbank Vision and Values by demonstrating the values through interaction with team and stakeholders to achieve goals and objectives.
• Identify training courses and career progression for self through input and feedback from management to improve personal capability and to stay abreast of developments in field of expertise.
• Ensure all learning activities are completed; experience practiced and certifications obtained and/or maintained within specified time frames to ensure personal growth and enable effectiveness in performance of roles and responsibilities.
• Share knowledge with team to ensure knowledge management; continuity; team success and that information is provided in the correct way to stakeholders.
• Understand and meet client needs through client engagement and data collection based on business requirements.
• Provide information and service that adds value to the business.
• Educate stakeholders on risk trends; systems; updates and legislative requirements to mitigate risk.

Minimum Experience Level

• 2 - 3 years experience in data analysis in a risk management and / or compliance management environment

Preferred Qualification

• Bachelor of Commerce: Honours - Information Systems , Advanced Diplomas/National 1st Degrees

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Technical / Professional Knowledge

• Business Acumen
• Industry trends
• Microsoft Office
• Relevant regulatory knowledge
• Business writing skills
• Data Tools

Behavioural Competencies

• Communication
• Continuous Learning
• Decision Making
• Initiating Action
• Building partnerships
• Technical/Professional Knowledge and Skills

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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

• Approve annual review of facilities 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. 
• Analyse/Assess individual and juristic financial statements.
• Develop client exit or rehabilitation strategies by conducting inter-alia review of client facilities.
• Ensure policies and processes are followed within mandated signatories including checking and confirming the sign-off.
• Ensure policies and procedures are followed by reviewing recommended submissions from other parties. 
• Manage default accounts timeously by obtaining acceptable repayment arrangements or handover portfolio to legal collections.
• 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.  
• Give an overview of the book by developing and preparing portfolio review presentations based on Management Information Systems (MIS). 
• 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
• Recommend enhancement to processes by constantly seeking innovative improvements to the credit systems.
• 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 and Credit risk 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

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Job Purpose

• To administer all the unit trust portfolios; including the daily consolidation and dissemination of the daily pricing process; as per Nedbank Group strategy. To maintain relationships with external asset managers, in line with the Best of Breed methodology, as well as back office to internal asset managers.

Job Responsibilities

• Coordinate with asset managers and back offices to ensure daily prices are distributed in a timeous manner.
• Review fund expenses recorded by fund administrator.
• Ensure accurate and timeous recording of expense journals by fund administrator. 
• Consolidation and distribution of TER information.
• Prepare and submit tax returns of funds on an annual basis.
• Ensure audit deliverables are met.
• Perform the function of back office for internal asset managers.
• Address any ad hoc queries and processes required. 
• Add value to Nedbank by identifying opportunities to improve or enhance processes through identifying and recommending improvements and supporting implementation of tools; policies and procedures.
• Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters; websites and attending sessions.
• Ensure that own contribution and participation contributes to the achievement of team goals.
• Create and manage own career through guidance and support of management; department and colleagues.
• Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.
• Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed; experience practiced and certifications obtained and/or maintained within specified time frames.
• Ensure knowledge management; continuity and team success through constructive participation in a diverse team and sharing knowledge with team.
• Meet Service Level Agreements (SLA) by conducting processing activities within agreed timelines and parameters.
• Minimise financial and reputational risk by ensuring accuracy of processing activities.
• Minimise operational costs by avoiding unnecessary expenditure.
• Minimise risk by checking and validating activities according to policies and procedures.
• Ensure that relevant processes are administered by following procedures.
• Ensure accuracy by identifying and recording / correcting discrepancies timeously.
• Highlight risk by reporting exceptions timeously.
• Satisfy internal and external clients by responding to and actioning queries within agreed SLA.
• Meet Nedbank internal and external client service standards by communicating with stakeholders (including Regulators) accordingly.
• Understand and meet stakeholder needs by maintaining a relationship through regular interaction.
• 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 social responsibility initiatives for the achievement of business strategy.
• Understand and embrace the Nedbank Vision and Values by demonstrating the values through interaction with team and stakeholders.

People Specification

• We believe in employing highly motivated, sharp and quality orientated people that thrive in a culture that celebrates and supports diversity within an environment that is creative, collaborative, challenging and dynamic.  Aligned to our core purpose of enabling our investors to achieve their investment goals, we are committed to enabling our staff achieve their full potential and long-term career growth at Nedgroup Investments. 

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Post Graduate Qualification

Minimum Experience Level

• 4 years’ experience in similar environment
• Completed SAICA/SAIPA articles beneficial 

Technical / Professional Knowledge

• Business terms and definitions
• Business writing
• Communication Strategies
• Data analysis
• Governance, Risk and Controls
• Principles of financial management
• Relevant software and systems knowledge
• Research methodology
• Decision-making process
• Cluster Specific Operational Knowledge

Behavioural Competencies

• Adaptability
• Communication
• Stress Tolerance
• Driving for results
• Managing Work
• Quality Orientation

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Job Purpose

• We are looking for a Manager Credit Risk Early Collections (without direct reports) to provide client service by applying sound credit risk management principles in our early collections space through management of a dedicated portfolio thereby enabling Nedbank to reduce the RRB impairment charge with the view to rehabilitate, in line with the business strategy.

Key Deliverables

• Daily contact with clients and bankers to remediate portfolio across all client portfolio of accounts. Credit and Credit Risk assessment and collections of arrears/excesses of all products namely Current Accounts, Savings Accounts, Home Loan accounts, Commercial & Industrial Property, Personal Loan accounts, Term loans and Asset Based Finance [motor vehicles/yellow goods.

Job Responsibilities

• Manage default accounts timeously by obtaining acceptable repayment arrangements or handover portfolio to Legal collections.
• Ensure clean audit in area of responsibility by enforcing adherence to bank policies, process and procedures and industry regulations.
• Managing and preparing portfolio review presentations based on Management Information Systems (MIS). 
• Implement sound credit risk management by providing advice on specialized credit risk matters to sales.
• Ensure efficient work ethic and achievement of business unit strategies & goals by proposing innovative ideas to enhance Business processes that facilitate customer experience.
• Provide feedback daily/weekly/ monthly 
• Meet clients' expectations by resolving queries within turnaround times.
• Build and maintain effective working relationships by attending regular staff meetings and team building sessions.
• Build strong relationships with bankers by providing upskilling advice on credit processes, policies and documentation.
• Sharing knowledge with all stakeholders.
• Manage own efficiency by drafting and implementing team's strategies.
• Enhance processes by constantly seeking innovative improvements to the credit systems.
• Adapt to changes in Legislation by enforcing the compliance to the changes.
• Address issues raised in culture surveys by participating in the development and implementation of action plans.
• Create a client service culture through various required interventions.
• Support and encourage staff to participate and support corporate responsibility initiative.
• Achieve operational excellence by supporting the implementation of business optimisation improvement through team engagement.
• Generate innovative ideas and share knowledge.

Essential Qualifications - NQF Level 6

• Matric / Grade 12 and National Diploma or Advanced Certificate

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

Technical / Professional Knowledge

• Business administration and management
• Change management
• Client service management
• Financial Accounting Principles
• Governance, Risk and Controls
• Management information and reporting principles, tools and mechanisms