Senior Manager: Credit

Nedbank; Pretoria; On-site; ZAR 600,000 - 800,000; Full time

Job summary

A leading financial institution is seeking a Senior Manager: Credit in Pretoria. This role involves managing credit assessments, ensuring ethical lending practices, and enhancing revenues while maintaining compliance with policies. Candidates should have at least 5-10 years of credit assessment experience, with skills in stakeholder management, decision-making, and effective communication. The position offers a full-time contract within a mid-senior level capacity, requiring a strong background in banking and finance.

Qualifications

• 5-10 years of credit assessment experience within a banking environment.
• Minimum 5 years of business banking credit experience.
• Previous lending experience in debtor management is advantageous.

Responsibilities

• Manage credit assessment and acquire quality assets.
• Perform monitoring exercises to ensure business alignment.
• Establish and maintain stakeholder relationships.

Skills

Credit assessment

Team management

Client service management

Decision making

Communication

Risk management

Education

Degree NQF Level 7 or higher in a financial or banking related field

CIMA or equivalent

Tools

Financial accounting principles

Project management principles

Regulatory knowledge

Job description

Senior Manager: Credit role at Nedbank.

Job Purpose

To manage credit assessment ensuring the acquisition of quality assets, enhancing revenues and maintaining them within policy and procedural guidelines. This includes understanding client needs, providing proactive solutions, and adhering to acceptable turnaround times.

Job Responsibilities

• Perform monitoring exercise to ensure business alignment to agreed risk appetite measures.
• Gain consensus and highlight pertinent credit risk issues by preparing and presenting reports to various forums.
• Align credit policy to changes in the regulatory environment and best practice by scanning changes and making recommendations.
• Facilitate and guide monitoring activities by obtaining legal opinion and directives.
• Establish emerging risks by studying the external environment including competitors and the macro economy.
• Manage budget by controlling expenditure.
• Contribute towards financial targets by monitoring and improving credit risk.
• Identify, establish and maintain relationships with stakeholders to ensure buy‑in of monitoring activities and recommendations.
• Provide independent opinion to stakeholders to inform prudent risk management.
• Challenge recommendations and policy changes made by the business to ensure thorough understanding of the risk involved.
• Represent Credit Risk by participating in Risk Committees and Forums.
• Ensure that the bank, in its lending practices, treats the customer ethically and fairly by being the customer’s voice in Risk Committees and Forums.
• Keep stakeholders informed of serious breaches through submissions to committees.
• Undertake monitoring exercises by following agreed monitoring methodology.
• Ensure alignment to changes in regulations and Group Policy by contributing to the maintenance of an up‑to‑date credit policy.
• Deliver on the credit risk monitoring plan by managing resources and activities.
• Address immediate and emerging risks by performing ad‑hoc monitoring exercises.
• Ensure compliance of agreed corrective actions by continuous monitoring.
• Ensure alignment of business to policy and regulations by monitoring and making recommendations.
• Ensure clear direction of activities by establishing and following an annual visitation programme for all regions.
• Ensure accuracy and quality by monitoring work done by team.
• Manage performance of staff by implementing performance agreements, ensuring a clear vision, agreeing on goals and objectives, providing regular feedback on performance, recognising and rewarding achievement and taking appropriate corrective action where required.
• Stay abreast in field of expertise and deliver on the expectations from stakeholders by building capability of self and staff through identifying current and future training and development needs.
• Contribute to team effectiveness by following the recruitment process when recruiting talent.
• Maintain a capable high‑performing team and ensure an environment for optimal performance by identifying talent pool through conducting career conversations, utilising talent grid principles and developing talent retention programmes (e.g. rotation).
• Ensure self and staff understand and embrace the Nedbank Vision and Values by leading by example and reinforcing values during meetings.
• Manage the onboarding process of new employees by ensuring execution of preparations according to the onboarding checklist.
• Ensure transformational targets are met for own team through consideration of targets during the staff recruitment, retention and training process and utilising suppliers listed on the preferred supplier list.
• Address issues raised in culture surveys by participating in the development and implementation of action plans.
• Achieve operational excellence by supporting the implementation of business optimisation improvement through team engagement.
• Encourage team to generate innovative ideas and share knowledge.

Minimum Experience Level

• 5 – 10 years Credit Assessment and decisioning experience within a banking environment.
• Minimum 5 years Business Banking Credit experience evaluating financial statements and credit reports of current and prospective clients.
• Previous lending experience in Debtor Management and Retail Discounting products would be advantageous.
• Extensive understanding of legalities associated with lending and collateral.
• Team Management / Leadership experience – advantage.
• Proven track‑record of managing a large book.

Requirements

• Degree NQF Level 7 or higher in a financial or banking related field.
• CIMA, Credit management degree or equivalent – advantage.
• Own reliable vehicle and valid driver’s licence – must.
• Willingly prepared to travel.

Technical / Professional Knowledge

• Business administration and management.
• Client service management.
• Communication strategies.
• Financial accounting principles.
• Governance, risk and controls.
• Operations planning.
• Principles of project management.
• Relevant regulatory knowledge.
• Strategic planning.
• Management information and reporting principles, tools and mechanisms.

Behavioural Competencies

• Building partnerships.
• Earning trust.
• Coaching.
• Communication.
• Decision making.
• Inspiring others.
• Guiding team success.
• Planning and organising.

Please contact the Nedbank Recruiting Team at [phone].

Seniority level: Mid‑Senior level

Employment type: Full‑time

Job function: Finance and Sales

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