Manager: Credit Market Conduct

2 weeks ago


Johannesburg, Gauteng, South Africa Nedbank Full time

Job Requisition and Talent Acquisition Contact

  • Job REQ:
-
129734

  • Location: Sandton, Johannesburg
  • Closing Date: 22 November 2023
  • Talent Acquisition:

  • Saranya Govender


Job Family
  • Credit


Career Stream
  • Credit
Collections

  • Leadership Pipeline
  • Manage Self: Professional

Job Purpose

  • To provide support services to the credit community to enable them to perform their functions and meet their targets and objectives thereby achieving Nedbank's strategy of managing and mitigating risks wisely and partnering with business to manage credit market conduct risk and ensure compliance to regulatory requirements, as per Nedbank business strategy

Responsibilities:

  • Build and sustain business relations to ensure satisfied internal and external stakeholders.
  • Ensure continued satisfaction of stakeholders by meeting turnaround times for requests and identifying and addressing issues or concerns through the provision of risk advice.
  • Research and provide training to staff on regulatory and market conduct risks.
  • Scanning of the internal and external credit and regulatory environment for opportunities and threats.
  • Management of the operational regulatory engagement processes.
  • Advisory function on the statutory compliance requirement.
  • Engaging internal and external auditors to solicit annual assurance letters.
  • Provide independent view on the state of compliance to credit regulation requirements.
  • Proactively researching topical issues and advising the management on points for consideration in an agile and timeous manner.
  • Optimisation of credit regulation processes.
  • Be an SME in credit regulation processes and associated credit risk to enable recommendations to competitively comply.
  • Assist management with ownership of the credit regulation change agendas across all credit lifecycles.
  • Improve business results by participating actively in projects related to system and process enhancements across the organisation.
  • Provide an overview of the book by developing and preparing portfolio review presentations based on Management Information Systems (MIS).
  • Provide feedback monthly by drafting business reports as at month end.
  • Ensure trusting relationships with external vendors to protect Nedbank's reputation through regular communication, ontime payments and fair treatment.
  • Support business by providing training on systems and processes.
  • Ensure valuation requests are completed timeously by implementing and managing the valuation workflow process.
  • Ensure business effectiveness by providing input into systems, processes and policies.
  • Ensure business continuity by management of the business continuity plan for Head Office Credit.
  • Ensure self and staff understand and embrace the Nedbank Vision and Values by leading by example and reenforcing 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).
  • Participate in the development of action plans to address issues raised in culture surveys to improve results.
  • Create a client service culture through various required interventions.
  • Ensure effective risk governance by reporting on regulatory issues at the Enterprise Risk Committee (ERCO) in risk, legal and compliance related matters.
  • Share knowledge and industry trends with team during formal and informal interaction.

Essential Qualifications - NQF Level

  • Advanced Diplomas/National 1st Degrees

Preferred Certifications

  • LLB (Law) /Bcom Law, Advanced Diplomas/National 1st Degrees

Minimum Experience Level

  • At least 3 years' experience within a Risk, compliance and legal framework.

Technical / Professional Knowledge

  • Business administration and management
  • Financial Accounting Principles
  • Governance, Risk and Controls
  • Operations planning
  • Principles of project management
  • Relevant regulatory knowledge
  • Service level agreements
  • Staff resource planning
  • Strategic planning
  • Management information and reporting principles, tools and mechanisms


Behavioural Competencies
  • Aligning Performance for Success
  • Building Partnerships
  • Building talent
  • Building partnerships
  • Driving for Results
  • Selecting Talent
For any assistance or more info please contact the Nedbank Recruiting Team

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