Credit Manager: Cib Credit Risk- Ib&ts

2 weeks ago


Johannesburg, Gauteng, South Africa Nedbank Full time

Job Purpose

  • To determine and confirm qualifying restructure criteria for distressed accounts and effect the main file changes in order to reduce the risk caused by arrear accounts in Home Loans.

Responsibilities:

  • Contribute to minimising provisions for bad debt by rehabilitating distressed accounts within acceptable risk parameters.
  • Reduce losses to the bank by identifying and reporting possible fraud.
  • Facilitate achievement of targets by providing advice to Restructuring Office Team on choosing appropriate products and effecting main file changes.
  • Build strong relationships with Restructure Team and other stakeholders by collaborating, determining needs and providing advice that facilitates target achievement.
  • Smooth the flow of work by maintaining relationships with internal stakeholder network.
  • Ensure that work is delivered according to plan by monitoring progress against personal scorecard objectives (targets, service level agreements, quality of assessment) and taking remedial action where necessary.
  • Manage time and resources by ensuring that work is completed efficiently without compromising on performance standards.
  • Comply with Credit policy and credit mandate by operating within set guidelines.
  • Improve effectiveness of credit assessment processes by constantly reviewing outputs and making recommendations.
  • 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 buyin for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
  • Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
  • Minimum Experience Level 23 years Credit Risk Management experience within Banking environment

Technical / Professional Knowledge

  • Banking procedures
  • Business principles
  • Communication Strategies
  • Data analysis
  • Governance, Risk and Controls
  • Nedbank policies and procedures
  • Principles of project management
  • Relevant regulatory knowledge
  • Decisionmaking process
  • Cluster Specific Operational Knowledge


Behavioural Competencies
  • Communication
  • Decision Making
  • Initiating Action
  • Managing Work
  • Quality Orientation
  • Technical/Professional Knowledge and Skills
- **_Please contact the Nedbank Recruiting Team at _

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