Manager Credit Risk Portfolio Management

Nedbank Johannesburg, Gauteng, South Africa Join or sign in to find your next job Join to apply for the Manager Credit Risk Portfolio Management role at Nedbank Nedbank Johannesburg, Gauteng, South Africa Join to apply for the Manager Credit Risk Portfolio Management role at Nedbank Get AI-powered advice on this job and more exclusive features. Requisition and Talent Acquisition Consultant Details REQ - Twanette CoetserPipeline AdvertLocation and Cluster Total Business Banking and Retail - CDR - Risk CollectionSandton, GautengCareer StreamCredit CollectionsLeadership PipelineManage Self ProfessionalManager Credit Risk Portfolio Management Job PurposeTo provide client service by applying sound credit risk management principles with approved credit mandates through management of a designated portfolio of clients across multiple products enabling Nedbank to reduce the cluster impairment charge with the view to rehabilitate the client, in line with the business or individual turnaround strategy.Key Deliverables Credit and Credit Risk assessment and collections of arrears/excesse s of all products namely Current Accounts, Savings Accounts, Home Loan accounts, Commercial & Industrial Property, Personal Loan accounts, Term loans and Asset Based Finance {motor vehicles/yellow} goods.Job Responsibilities Approve annual review of facilities by making decisions based on the credit risk policy guideline and credit norms in conjunction with relevant Nedbank strategy and the analysis based on the information provided. Analyse/Assess individual and juristic financial statements. Develop client exit or rehabilitation strategies by conducting inter-alia review of client facilities. Ensure policies and processes are followed within mandated signatories including checking and confirming the sign-off. Ensure policies and procedures are followed by reviewing recommended submissions from other parties. Manage default accounts timeously by obtaining acceptable repayment arrangements or handover portfolio to legal collections. Approve funding by making decisions based on the credit risk policy guideline and credit norms in conjunction with relevant Nedbank strategy and the analysis based on the information provided. Give an overview of the book by developing and preparing portfolio review presentations based on Management Information Systems (MIS). Adapt to changes in Legislation by enforcing the compliance to the changes. Ensure clean audit in area of responsibility by enforcing adherence to bank policies, process and procedures and industry regulations. Implement sound credit risk management by providing advice on specialized credit risk matters to cross functional teams and direct reports, where applicable Recommend enhancement to processes by constantly seeking innovative improvements to the credit systems. Motivate staff where applicable to perform and contribute to the success of the business by creating environment of teamwork through engaging with staff (sharing information) and encouraging participation in decision making processes Minimum Experience LevelMinimum 5 years' experience in a Credit role in a Banking environment Minimum 5 years' experience Analysing and Assessing individual and juristic financials. Preferred QualificationSuccessfully compelted NQF Level 6 of Higher in a Finance or Credit-related field Technical / Professional Knowledge Business administration and management Change management Client service management Communication Strategies Financial Accounting Principles Governance, Risk and Controls Organisational systems Principles of project management Strategic planning Management information and reporting principles, tools and mechanisms Please contact the Nedbank Recruiting Team at Seniority level Seniority level Mid-Senior level Employment type Employment type Full-time Job function Job function Finance and Sales Referrals increase your chances of interviewing at Nedbank by 2x Get notified about new Credit Risk Manager jobs in Johannesburg, Gauteng, South Africa . Johannesburg, Gauteng, South Africa 4 days ago Johannesburg, Gauteng, South Africa 2 days ago Johannesburg Metropolitan Area 3 days ago Johannesburg Metropolitan Area 3 days ago Johannesburg, Gauteng, South Africa 1 week ago Johannesburg Metropolitan Area 1 month ago Financial Services Audit Manager - Credit Johannesburg, Gauteng, South Africa 1 week ago Regulatory & Financial Risk (RFR) - Senior Manager - Treasury Midrand, Gauteng, South Africa 2 weeks ago Johannesburg, Gauteng, South Africa 3 days ago Financial Services Audit Manager - Credit Brakpan, Gauteng, South Africa 2 weeks ago Randburg, Gauteng, South Africa 3 days ago City of Johannesburg, Gauteng, South Africa 2 days ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr