Senior Manager: Credit Risk

3 weeks ago


Johannesburg, Gauteng, South Africa Nedbank Full time
Requisition & Talent Acquisition Consultant Details

REQ Twanette Coetser

Closing Date - 05 May 2024

Cluster & Location

Total Business Banking and Retail - CDR - Relationship Banking Credit Risk

135 Rivonia, Sandton

Career Stream
Credit CollectionsLeadership Pipeline

Manage Others

Senior Manager: Credit Risk
Job Purpose

We have an opportunity for a a Senior Manager with expertise in Credit Risk Management for our Relationship Banking team.

To apply sound credit risk management principles, manage staff involved in early to late-stage collection across various financial products (Current/Savings Accounts, Home Loans, Personal Loans, Asset-Based Finance, term loans, and commercial properties), by minimising risk and impairments and provide client service aligned to Nedbank Strategies.

Job Responsibilities
  • Manage and support direct reports by providing oversight and necessary coaching on processes, credit policy, strategies and/or deliverables.
  • Manage reports through early and daily actioning of tasks and exceptions.
  • Action reports by monitoring, distributing and collating information.
  • Manage and rehabilitate clients by getting backward-roll/cure on arrears and excesses.
  • Ensure all products in relationship banking namely CASA, HL, PL and ABF are actioned in line with process and credit policy.
  • Ensure all risk managers are actioning their work queues on Debt Manager and Vertigo across all products daily.
  • Check and ensure daily required number of Right Party Contact calls are made as required by regulator, process and credit policy.
  • Analyse client information to assess and grant level of risk by interpreting and analysing financial information for Private Clients and Small Business Services within the ambit of banking regulations, process and credit policy.
  • Make correct credit decisions on a consistent basis first time round by complying to service level agreements and within designated credit mandate.
  • Demonstrate an understanding of client needs by providing feedback on application decisions based on Nedbank's risk appetite.
  • Utilise resources by allocating according to business needs.
  • Resolve work challenges by initiating action plans in accordance with policies and procedures.
  • Guide, support and collaborate with internal and external stakeholders through formal or informal knowledge sharing.
  • Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
  • Obtain buy-in 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.
  • Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g., staff surveys etc.)
  • Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
  • Identify training courses and career progression through input and feedback from management for self and direct reports.
  • Ensure all personal development plan activities are completed within specified timeframe for self and direct reports.
  • Identify systems and process improvement initiatives by escalating for decisions to relevant stakeholders.
  • Upskill stakeholders by sharing knowledge on service offerings and client needs.
  • Guide and support internal stakeholders through formal or informal knowledge sharing.
  • Collaborate with external stakeholders through regular communication and feedback.
  • Resolve work challenges by initiating action plans in accordance with policies and procedures.
  • Contribute to policy, procedures and standards enhancement by providing input/suggestions.
  • 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.
  • Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).
Minimum Experience Level
  • 5 - 8 years' experience in credit or risk management and collections experience in a banking environment.
  • 5 - 8 years' People management experience
  • 5 - 8 years' experience in Current Accounts, Home Loans and Asset Based Finance a must
Essential Qualifications – Minimum NQF Level 7
  • Matric / Grade 12 / National Senior Certificate
  • National Diploma in Finance or Credit Management

Preferred Qualification
  • Degree in Finance / Credit / Banking
  • B.Tech / BComm in Credit Management or B.Comm finance or studying towards a degree in Finance, Banking or Commerce

Technical / Professional Knowledge
  • Data analysis
  • Governance, Risk and Controls
  • Industry trends
  • Principles of financial management
  • Relevant regulatory knowledge
  • Working with a group to identify alternative solutions to a problem
  • Building and maintaining effective relationships with internal and external stakeholders
  • Analysing and interpreting quantitative and qualitative data
  • Relevant Nedbank policies and procedures
  • Banking knowledge

Please contact the Nedbank Recruiting Team at


  • Credit Risk analyst

    5 days ago


    Johannesburg, Gauteng, South Africa Credit Link Placements Full time

    The overall purpose of the job is to assess and mitigate risk by carrying out a comprehensive and quality credit risk function by analyzing the client's business, financial statements, and management accounts in order to provide a recommendation on new accounts and existing accounts annually. · Record new account information in the new accounts register...

  • Credit Risk Manager

    5 days ago


    Johannesburg, Gauteng, South Africa PRR Recruitment Services Full time

    Credit Risk Manager - R650k p.a dependant on experience and qualificationsThis well know financial services company based in Rosebank is looking for a Credit Risk Manager BCom Honours in Economics, Finance, or related disciplines or alternatively a BSC Degree in Statistics or Mathematics (Quantitative degree) or equivalent. Analytical skills (ability to...

  • Credit Risk Manager

    5 days ago


    Johannesburg, Gauteng, South Africa FirstRand Full time

    Job DescriptionTo maximise the banks Risk-Adjusted Rate of Return by managing credit risk in the entire portfolio and individual transactions as well as managing Credit Analysts Achieve year on year TotalRevenue Growth for the Business Reduce Bad debts as a percentage of performing loans utilisation based on effective lending principals applied during...


  • Johannesburg, Gauteng, South Africa Standard Bank Group Full time

    Job Description Credit Risk Assurance is part of the second line of defense and supports both the Africa Regions Business and Commercial Banking (BCB) CRO and any Credit Risk Executives responsible directly to that role, in providing independent oversight, qualitative assessment and reporting of Credit Risk Management practices throughout BCB. The role...

  • Credit Risk Manager

    5 days ago


    Johannesburg, Gauteng, South Africa Performability Full time

    The Credit Risk Manager is responsible for the management of Credit Risk across the life cycle of the unsecured loans portfolio. This not only includes being able to provide the strategic direction for the portfolio but also being able to undertake in-depth analysis of the portfolio. This position involves utilising insights gained from analytics to inform...

  • Credit Risk Analyst

    5 days ago


    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    As the Credit Risk expert, you will be responsible for the following:Conducting thorough financial analysis, including organizing financial data, contributing to the assessment of counterparties using internal scoring models, and updating Credit Ratings while guiding credit risk tolerance. Regularly providing both scheduled and ad-hoc reports on...

  • Credit risk analyst

    5 days ago


    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    This high performing and diverse team is responsible for offering credit risk advice, generating reports, and conducting macroeconomic analysis specifically for the product division. The role entails meticulous examination of credit risk, continuous monitoring, and thorough evaluation of counterparties. It mandates the timely delivery of both regular and...

  • Credit Risk Analyst

    5 days ago


    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    This high performing and diverse team is responsible for offering credit risk advice, generating reports, and conducting macroeconomic analysis specifically for the product division. The role entails meticulous examination of credit risk, continuous monitoring, and thorough evaluation of counter-parties. It mandates the timely delivery of both regular and...

  • Credit Risk Manager

    5 days ago


    Johannesburg, Gauteng, South Africa Logic 360 Group Full time

    Job Purpose The Credit Risk Manager is responsible for the management of Credit Risk across the lifecycle of the unsecured loans portfolio. This not only includes being able to provide the strategic direction for the portfolio but also being able to undertake indepth analysis of the portfolio.This position involves utilising insights gained from analytics to...


  • Johannesburg, Gauteng, South Africa Nedbank Full time

    Job Req Closing Date- 22 February 2023- Career Stream- Credit Collections Location SandtonJob PurposeResponsibilities**: Manage performance and efficiency of the team (where applicable) by conducting on the job training, counselling, coaching and monitoring daily activities Ensure processes are actioned within mandated signatories by checking and confirming...

  • Credit Risk Manager

    5 days ago


    Johannesburg, Gauteng, South Africa Milton Resourcing Full time

    As a Credit Manager, you will be responsible for a diverse range of tasks aimed at safeguarding the bank's financial health and maintaining a robust credit policy.Your key responsibilities will include but not be limited to:- Credit Assessments: Conducting thorough credit assessments of individuals and businesses to evaluate their creditworthiness and...


  • Johannesburg, Gauteng, South Africa Standard Bank Of South Africa Limited Full time

    Manager, Credit Portfolio Reporting Risk Management Job Overview Business Segment: Group Functions Location: ZA, GP, Johannesburg, Baker Street 30 To identify, measure and report credit risks arising from the Group's global business across client segments and client solutions to appropriately manage credit risk in accordance with the requirements of the...


  • Johannesburg, Gauteng, South Africa Telebest Full time

    Our client has an opportunity available for a Manager in the Credit Risk department based in Sandton.Requirements:CA or BCom postgraduate qualification.MBA would be advantageous.10 to 15 years Credit Risk experience in a financial institution.3+ years managing teams directly or indirectly.Experience in risk mitigation standards and processes.Proven track...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Job Description A large consulting firm with an international footprint is seeking to fill a Manager position within its Credit Risk and Capital Management team. This department's primary function involves developing and reviewing statistical models that quantify financial risks. In addition to being a technical specialist in auditing and developing credit...


  • Johannesburg, Gauteng, South Africa Telebest Full time

    Our client has an opportunity available for a Senior Credit Manager based in Sandton.Requirements:CA or BCom post graduate qualification.MBA would be advantageous.8 to 10 years' experience in a financial institution, 5 years of which must be in the Credit Risk space.Knowledge and understanding of credit risk and any associated risks prevalent in the...

  • Credit Risk Manager

    5 days ago


    Johannesburg, Gauteng, South Africa TotalEnergies Full time

    PaysAfrique du SudLieuSouth AfricaLieu de travailJOHANNESBURG-BIERMANN AV(ZAF)DomaineFinanceType de contratCDIExpérienceMinimum 6 ansQualification/ Experience Required B Comm degree is a requirement Minimum of 5 years experience business related experience Understanding of Commercial Law Ability to analyse financial statements Key competencies required:...


  • Johannesburg, Gauteng, South Africa CA Global Headhunters International Full time

    Reference No. SR-HC&R-001**Job Description: Our client is seeking to employ a Head of Credit & Risk to be based in Johannesburg, South Africa. The role involves comprehensive oversight and accountability for Group Credit & Risk Policies. This encompasses activities such as drafting, recommending, amending, updating, and implementing changes to credit, risk,...


  • Johannesburg, Gauteng, South Africa CA Global Headhunters Full time

    Our client is seeking to employ a Head of Credit & Risk to be based in Johannesburg, South Africa. The role involves comprehensive oversight and accountability for Group Credit & Risk Policies. This encompasses activities such as drafting, recommending, amending, updating, and implementing changes to credit, risk, and collections strategies to align with...


  • Johannesburg, Gauteng, South Africa Glencore Full time

    1.ACCOUNTABILITY:2. KEY RELATIONSHIPS Finance team Senior Risk Management team Credit team3.QUALIFICATION & SKILL REQUIREMENTS:Minimum Qualifications: Educated to a bachelor's degree (preferably in finance, risk management, accounting, economics, business studies) Additional extensive training will be provided internallyCompetencies: Proficient knowledge...


  • Johannesburg, Gauteng, South Africa Nedbank Full time

    Job PurposeTo provide superior client service, enabling the Africa Strategy by applying sound lending credit principles and experience in Africa lending thereby enabling Nedbank to grow its client base within an acceptable credit risk appetite in line with the Africa Strategy. Job ResponsibilitiesProvide key insights into Africa projects/deals across various...