Credit Manager: Cib Credit Risk- Ib&ts
3 months ago
**Job Purpose**
- To determine and confirm qualifying restructure criteria for distressed accounts and effect the main file changes in order to reduce the risk caused by arrear accounts in Home Loans.
**Responsibilities**:
- Contribute to minimising provisions for bad debt by rehabilitating distressed accounts within acceptable risk parameters.
- Reduce losses to the bank by identifying and reporting possible fraud.
- Facilitate achievement of targets by providing advice to Restructuring Office Team on choosing appropriate products and effecting main file changes.
- Build strong relationships with Restructure Team and other stakeholders by collaborating, determining needs and providing advice that facilitates target achievement.
- Smooth the flow of work by maintaining relationships with internal stakeholder network.
- Ensure that work is delivered according to plan by monitoring progress against personal scorecard objectives (targets, service level agreements, quality of assessment) and taking remedial action where necessary.
- Manage time and resources by ensuring that work is completed efficiently without compromising on performance standards.
- Comply with Credit policy and credit mandate by operating within set guidelines.
- Improve effectiveness of credit assessment processes by constantly reviewing outputs and making recommendations.
- 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.
- Identify training courses and career progression for self through input and feedback from management.
- Ensure all personal development plan activities are completed within specified timeframe.
- 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.
- Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
- Minimum Experience Level- 2-3 years Credit Risk Management experience within Banking environment
**Technical / Professional Knowledge**
- Banking procedures
- Business principles
- Communication Strategies
- Data analysis
- Governance, Risk and Controls
- Nedbank policies and procedures
- Principles of project management
- Relevant regulatory knowledge
- Decision-making process
- Cluster Specific Operational Knowledge
- Behavioural Competencies- Communication
- Decision Making
- Initiating Action
- Managing Work
- Quality Orientation
- Technical/Professional Knowledge and Skills
- **_Please contact the Nedbank Recruiting Team at +27 860 555 566_
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