Manager Credit Risk Portfolio Management

5 days ago


Johannesburg, South Africa Nedbank Full time

Details Location: Johannesburg, ZA Date: 11 Oct 2024 Reference: Requisition and Talent Acquisition Consultant Details Location and Cluster Total Business Banking and Retail - CDR - Risk Collection Credit Collections Manage Self Professional Job Purpose To 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. Credit and Credit Risk assessment and collections of arrears/excesses 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. Manage default accounts timeously by obtaining acceptable repayment arrangements or handover portfolio to legal collections. 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 Level Minimum 5 years' experience in a Credit role in a Banking environment. Minimum 5 years' experience Analysing and Assessing individual and juristic financials. Preferred Qualification Successfully completed 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 Governance, Risk and Controls Organisational systems Principles of project management Strategic planning Management information and reporting principles, tools and mechanisms #J-18808-Ljbffr



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