Credit Manager: Spesport
3 days ago
**Job Purpose**
- The purpose of this role is to effectively and efficiently manage a portfolio of high risk clients in conjunction with the Credit Executive through the interaction with CIB, Property Finance, Rest of Africa and Special Portfolio’s Credit, Legal and Administration structures, as well as manage multi-lender situations in consortium.**Responsibilities**:
- The incumbent will be required to recommend credit decisions to mandated credit committees and is responsible for implementing the credit decisions and monitoring the financial health post the implementation of the credit decision.
- The Credit Manager will be required to interact with various stakeholders in CIB to ensure appropriate solutions are generated for each client.
- The Credit Manager will be required to interact externally with clients, external auditors, lawyers and other banks.
- To prepare and review MIS for your allocated portfolio which includes all reporting requirements for credit and operational risk monitoring as well as AIRB model back-testing & calibration.
- Will be required to be an active decision maker in Spescram.
- Will need to supervise, coach and develop Credit staff.
- Must have a good working knowledge of financing and security structures.
- A working knowledge of the Insolvency Act and Chapter 6 of the Companies Act will be advantageous.
- Must be able to work effectively within a team and have a high tolerance for stressful situations. Further the Credit Manager needs to be able to be adaptable and flexible and think of solutions outside of the normal credit parameters.
- They must have a high degree of financial acumen and an ability to perform under pressure.
- Good communication skills are vital, as are analytical thinking and attention to detail.
- Must be able to be a problem solver - research and analyse information using appropriate problem identification techniques in order to propose a solution(s) and be able to oversee the implementation of the solution after approval.
- Essential Qualifications - NQF Level- Advanced Diplomas/National 1st Degrees
- Preferred Qualification- BCom degree preferably with Honours in Finance
- Minimum Experience Level- 3- 5 years Credit Risk Management experience within Banking environment
- Insolvency knowledge advantages
- A working knowledge of the various bank products such as current accounts, treasury products, foreign products, asset and trade finance.
- Behavioural Competencies- Communication
- Decision Making
- Initiating Action
- Managing Work
- Quality Orientation
- Technical/Professional Knowledge and Skills
**Preference will be given to underrepresented groups**
- **_Please contact the Nedbank Recruiting Team at
+27 860 555 566
_
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