Manager : Credit Risk Review & Monitoring

Nedbank; Gauteng; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading financial services provider in Gauteng is seeking an Associate to manage credit risk across its business banking division. The ideal candidate will have over 10 years of banking experience, including significant time in credit management, and a relevant degree in accounting or financial management. Responsibilities include monitoring credit quality, ensuring compliance with regulations, and formulating credit risk policies. Competitive salary and full-time position offered.

Qualifications

• 10+ years of banking experience with 5 years in credit management.
• Understanding of financial regulations and credit assessment processes.
• Ability to create and implement strategic business plans.

Responsibilities

• Monitor and report on Credit Risk in Retail and Business Banking.
• Manage credit related queries efficiently.
• Formulate appropriate credit risk policies and procedures.

Skills

Banking Regulatory and Process knowledge

Credit management expertise

Strategic planning

Project management principles

Coaching and mentoring

Education

Relevant Degree in Accounting or Financial Management

Advanced Diplomas / National 1st Degrees Diploma

Job description

Job Purpose

Monitoring of the end-to-end credit lifecycle across lending products for Business and Commercial Banking and Rest of Africa, to provide oversight and optimise the quality of the credit portfolio.

Job Responsibilities

• To monitor and report on the underlying Credit Risk in Retail and Business Banking and Rest of Africa.
• Monitor quality in Credit processes, credit evaluations and credit judgement.
• Perform adequate post approval / disbursement checks through statistical as well as sampling methods.
• Formulate and institutionalise early warning processes at client and portfolio level.
• To provide input into the formulation of appropriate credit risk policies and procedures.
• To monitor whether credit policies and guidelines are complied with.
• Manage credit or service related queries within acceptable timeframes by resolving or reallocating to the subject matter experts.
• Ensure collaborative working relationships through regular, honest engagement with managers and team members.
• Ensure business effectiveness by providing input into systems, processes and policies.
• Understand and embrace the Nedbank Vision and Values by leading by example and re‑reinforcing values during meetings.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
• Create a client service culture through various required interventions.
• Encourage team to generate innovative ideas and share knowledge.

Minimum Experience Level

• Banking Regulatory and Process experience including product knowledge.
• At least 10 years' experience, of which 5 years must be in a banking environment within Retail and / or Business Banking specifically credit management.
• Understanding of specialised finance credit assessment processes.
• Understanding of banking regulations, specifically the role of NCR, the SARB, as well as BASA.
• Retail and Business banking system experience would be an advantage.

Essential Qualifications

• Advanced Diplomas / National 1st Degrees Diploma Preferred Qualification.
• Relevant Degree in Accounting or Financial Management or similar.
• Ability to create a business plan.
• Implementing a strategic plan.
• Investigating and reviewing processes to improve client satisfaction.

Coaching and Mentoring Others

Encouraging team development through coaching and mentoring.

Managing Business Risks

• Technical / Professional Knowledge.
• Business administration and management.
• Governance, Risk and Controls.
• Principles of project management.
• Relevant regulatory knowledge.
• Staff resource planning.
• Strategic planning.
• Management information and reporting principles, tools and mechanisms.

Disclaimer: Preference will be given to candidates from the underrepresented groups.

Please contact the Nedbank Recruiting Team at Seniority level Associate Employment type Full-time Job function Administrative Industries : Financial Services and Banking #J-.