Senior Manager: Credit Risk

2 weeks ago

Johannesburg, South Africa Nedbank Full time

**Talent Acquisition Consultant and Requisition Details**
- REQ 133035 - Twanette Coetser- Closing Date - 03 April 2024**Cluster and Location**
- Credit
- Career Stream- Credit Collections
- Leadership Pipeline- Manage Others**Senior Manager: Credit Risk**

**Job Purpose**
- To pro-actively manage credit risk customers through decisive leadership utilising a multi-skilled team, focusing on client engagement, financial analysis, mitigation of exposure, optimal pricing and rehabilitation of distressed exposures, to achieve the Nedbank Group Strategy of being world class in risk management.**Responsibilities**:

- Ensure adequacy of impairments on the credit risk regional portfolio by engaging with value analytics team and using monthly monitoring tools and exception reporting
- Regularly reviewing collateral on credit risk matters which underpins impairments (ECL)
- Ensure correct credit risk state type of clients by routinely monitoring the total advances book with regards to certain factors that serve as early warning signals and that are reported on exception reports
- Ensure the portfolios comply with IFRS 9 relative to impairments staging
- Review and comment on reports and analyse the data to understand impairments and risk weighted asset movement
- Manage the quality of the MIS/ data by regularly checking any inaccuracies
- Implement and manage credit policies and standards within the credit risk process
- Ensure adequacy of internal processes and reporting to reduce or eliminate financial risk or loss through ongoing refinement, adherence and enhancement of the bank's processes and procedures
- Ensure compliance and reduced credit and reputational risk by implementing relevant legislation within the credit risk environment
- Ensure dissemination of knowledge pertaining to the bank's processes and procedures to relevant staff members through ongoing training and awareness sessions
- Prepare for, chair regional credit risk meetings and interact with high-risk committee
- Manage distressed clients by adhering to relevant internal and/or legislative processes namely business management and/or business rescue process, making decisions on either to normalise (rehabilitate, soft exit) or a legal exit
- Define and set standards for credit risk function and share professional expertise in the relevant forums
- Proactively manage the market and industry risk by identifying early warning signals relating to the business, industry, economy, or political risk and deciding on the action plans at various forums
- Build and maintain collaborative business relationships that ensure effective risk management by collaborating and networking between various stakeholders to streamline and enhance the credit risk processes
- Ensure that stakeholder expectations and customer complaints are managed by monitoring team deliverables according to policy and governance
- Reduce or eliminate financial risk or loss through ongoing refinement, enforcing adherence to regulations and enhancement of the bank's processes and procedures.
- Ensure compliance and reduced credit and reputational risk by Implementing relevant legislation within the credit risk environment
- Ensure timeous decision making and appropriate corrective action for self and team by identifying early warning signals in client behaviour, industry or markets that are indicative of change in risk profile. Effectively and efficiently manage team across the HR value chain including recruitment, performance management, retention of critical staff, succession planning and coaching and talent management as well as contributing to a culture conducive to the achievement of transformational targets
- Create a culture of information, knowledge sharing, trust, respect and support to ensure a smooth workflow through leading by example and on-going engagement with the team and cross-functionally
- Ensure issues raised in culture survey are addressed and results are improved by ensuring action plans are created
- Minimum Experience Level- 5 - 8 years credit lending or credit risk experience in a banking environment
- 2 years' managerial experience

**Requriements**
- NQF Level 6 or Higher in a Finance, Business, Banking or Insolvency-related field

**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 +27 860 555 566_

  • Credit Risk analyst

    4 weeks ago

    Johannesburg, 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 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 analyst

    3 weeks ago

    Johannesburg, 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...

  • Senior Manager: Credit Risk

    2 weeks ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition & Talent Acquisition Consultant Details** - REQ 133417 - 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 Collections **Leadership Pipeline** - Manage Others**Senior Manager: Credit Risk** **Job...

  • Senior Manager: Credit Risk

    3 weeks ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Requisition & Talent Acquisition Consultant DetailsREQ Twanette CoetserClosing Date - 05 May 2024Cluster & LocationTotal Business Banking and Retail - CDR - Relationship Banking Credit Risk 135 Rivonia, Sandton Career StreamCredit CollectionsLeadership PipelineManage OthersSenior Manager: Credit RiskJob PurposeWe have an opportunity for a a Senior Manager...

  • Senior Manager: Credit Risk

    2 months ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Requisition & Talent Acquisition Consultant DetailsREQ Twanette CoetserClosing Date - 05 May 2024Cluster & LocationTotal Business Banking and Retail - CDR - Relationship Banking Credit Risk 135 Rivonia, Sandton Career StreamCredit CollectionsLeadership PipelineManage OthersSenior Manager: Credit RiskJob PurposeWe have an opportunity for a a Senior Manager...

  • Credit Risk Manager

    2 months ago

    Johannesburg, South Africa PRR Recruitment Services Full time

    **Credit Risk Manager - R650k p.a dependant on experience and qualifications** This 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...

  • 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

    2 weeks ago

    Johannesburg, South Africa FirstRand Full time

    Job Description To 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...

  • Credit Risk Manager

    2 months ago

    Johannesburg, South Africa LMP RECRUIT Full time

    Are you hands on and strategic. Our client in the Fnancial technology sector seeks your sound experience as a Credit - Risk manager. **Qualification and Experience**: - 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

    3 weeks ago

    Johannesburg, South Africa LMP RECRUIT Full time

    Are you hands on and strategic. Our client in the Fnancial technology sector seeks your sound experience as a Credit - Risk manager. **Qualification and Experience**: - 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 Portfolio Manager

    3 weeks ago

    Johannesburg, South Africa iLaunch Full time

    Monitor the performance of credit portfolios, identifying trends and potential risks, and recommending appropriate risk mitigation strategies. Preparingand presenting reports to senior management Managing model risk for the credit portfolio. Ensure the Credit Risk framework and related credit policies are aligned to regulatory developments Contribute to...

  • Senior Manager: Credit Risk

    2 months ago

    Johannesburg, South Africa Nedbank Full time

    **Job Classification** - 124583- Job Family- 24 March 2023- Career Stream- Credit Collections - Location- Sandton**Job Purpose** - We are looking for a**Responsibilities**: - Manage reports through early actioning of exceptions and arrears and excesses. - Manage daily activities of direct reports by monitoring the staff output. - Suggest alternative funding...

  • 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...

  • Manager: Credit Risk

    2 months ago

    Johannesburg, South Africa Nedbank Full time

    **Job Req** - 124068- Closing Date- 22 February 2023- Career Stream- Credit Collections - Location- Sandton**Job Purpose**Responsibilities**: - 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...

  • 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...

  • Senior Manager, Credit Risk Review

    2 weeks ago

    Johannesburg, 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...

  • Senior Manager, Credit Risk Review

    5 days ago

    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...

  • Senior Data Analytics and Credit Risk Manager

    2 months ago

    Johannesburg, South Africa The Corporate Circle Full time

    Senior Data Analytics and Credit Risk Manager. R1.5million pa. Relevant Degree. Proven background of success in the credit risk and data analytics environment. Possess a blend of technical acumen, industry knowledge and ability to navigate complexities of credit risk management in a fast paced environment. Strong proficiency on SAS, SQL and Advanced...

  • Senior Data Analytics and Credit Risk Manager

    2 months ago

    Johannesburg, South Africa The Corporate Circle Full time

    Senior Data Analytics and Credit Risk Manager . R1.5million pa. Relevant Degree. Proven background of success in the credit risk and data analytics environment. Possess a blend of technical acumen, industry knowledge and ability to navigate complexities of credit risk management in a fast paced environment. Strong proficiency on SAS, SQL and Advanced...