National Manager: Credit Risk Advisory

2 weeks ago

Johannesburg, Gauteng, South Africa Nedbank Full time

Job Req
Closing Date- 15 May 2023- Career Stream- Credit Collections

Location

  • Sandton
    Job Purpose
  • To proactively manage credit risk customers through decisive leadership utilising a multiskilled team, focusing on client engagement, financial analysis, mitigation of exposure, optimal pricing and rehabilitation of distressed exposures, to achieve the Nedbank Group Strategy of being world class in risk management

Responsibilities:

  • Ensure adequacy of impairments on the credit risk regional portfolio by engaging with value analytics team and using monthly monitoring tools and exception reporting
  • Regularly reviewing collateral on credit risk matters which underpins impairments (ECL)
  • Ensure correct credit risk state type of clients by routinely monitoring the total advances book with regards to certain factors that serve as early warning signals and that are reported on exception reports
  • Ensure the portfolios comply with IFRS 9 relative to impairments staging
  • Review and comment on reports and analyse the data to understand impairments and risk weighted asset movement
  • Manage the quality of the MIS/ data by regularly checking any inaccuracies
  • Implement and manage credit policies and standards within the credit risk process. Ensure adequacy of internal processes and reporting to reduce or eliminate financial risk or loss through ongoing refinement, adherence and enhancement of the bank's processes and procedures
  • Ensure compliance and reduced credit and reputational risk by implementing relevant legislation within the credit risk environment
  • Ensure dissemination of knowledge pertaining to the bank's processes and procedures to relevant staff members through ongoing training and awareness sessions
  • Prepare for, chair regional credit risk meetings and interact with highrisk committee
  • Manage distressed clients by adhering to relevant internal and/or legislative processes namely business management and/or business rescue process, making decisions on either to normalise (rehabilitate, soft exit) or a legal exit
  • Define and set standards for credit risk function and share professional expertise in the relevant forums
  • Proactively manage the market and industry risk by identifying early warning signals relating to the business, industry, economy, or political risk and deciding on the action plans at various forums
  • Build and maintain collaborative business relationships that ensure effective risk management by collaborating and networking between various stakeholders to streamline and enhance the credit risk processes
  • Ensure that stakeholder expectations and customer complaints are managed by monitoring team deliverables according to policy and governance
  • Reduce or eliminate financial risk or loss through ongoing refinement, enforcing adherence to regulations and enhancement of the bank's processes and procedures.
  • Ensure compliance and reduced credit and reputational risk by Implementing relevant legislation within the credit risk environment
  • Essential Qualifications
  • NQF Level
  • Advanced Diplomas/National 1st Degrees


 Preferred Qualification
  • Post Graduate Degree in finance or Business or Banking or insolvency related or National Diploma Business Rescue (this is over and above essential qualification)
  • Minimum Experience Level 810 years credit/ credit risk and management experience

Technical / Professional Knowledge

  • Business administration and management
  • Change management
  • Communication Strategies
  • Financial Accounting Principles
  • Governance, Risk and Controls
  • Organisational behaviour theory
  • Principles of project management
  • Strategic planning
  • Talent management
  • Management information and reporting principles, tools and mechanisms


 Behavioural Competencies
  • Aligning Performance for Success
  • Earning Trust
  • Decision Making
  • Inspiring others
  • Business Acumen
  • Building partnerships


 Talent Acquisition Consultant
  • Poppy Mlotshwa **_Please contact the Nedbank Recruiting Team at _

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