Credit Manager: Special Portfolio

1 month ago


Johannesburg, South Africa Nedbank Full time

**Job Purpose**
- The Credit Manager will need to demonstrate proactive management of financially distressed and non-performing clients - understanding client's businesses, setting appropriate client strategies, solution driven which combined actions translate into customer retention and rehabilitation without compromising the bank's risk.
- The purpose of this role is to assist the Senior Credit Manager and Credit Executive in effectively and efficiently managing a portfolio of high-risk clients 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 consortiums.

**Responsibilities**:

- Recommend and present credit decisions to mandated credit committees and assist in implementing the credit decisions and monitoring the financial health post the implementation of the credit decision.
- 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.
- Interact with various stakeholders in CIB to assist with formulating appropriate solutions for each client.
- Interact externally with clients, external auditors, lawyers and other banks.
- Prepare and review MIS for the allocated portfolio which includes all reporting requirements for credit and operational risk monitoring as well as model back-testing & calibration.
- Active contributor to discussions in Special Portfolio credit committee.
- Need to 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.
- Needs to be able to be adaptable and flexible and think of solutions outside of the normal credit parameters.
- Need to 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.
- Preferred Qualification- B.Com (Hons), CA(SA) or CFA
- 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
- EE Statement- Preference will be given to individuals from underrepresented groups
- **_Please contact the Nedbank Recruiting Team at +27 860 555 566_



  • Johannesburg, South Africa Nedbank Full time

    **Job Purpose** - The Senior Credit Manager will need to demonstrate proactive management of high risk clients - understanding client's businesses, setting appropriate client strategies, solution driven which combined actions translate into customer retention and rehabilitation without compromising the bank's risk. - The purpose of this role is to...


  • Johannesburg, South Africa TymeBank Full time

    **Overall, Purpose of the Role**: As the Portfolio Manager for Credit Risk at TymeBank, you will play a pivotal role in assessing, analyzing, and mitigating credit risks within the bank's portfolio of lending products. You will gain experience across multiple lending products currently offered by the bank, i.e. Merchant Cash Advance, Personal Loan, MoreTyme...


  • Johannesburg, South Africa Nedbank Full time

    **Job Req** - 125996- Closing Date- 12 May 2023- Career Stream- Credit Collections **Location** - Sandton**Job Purpose** - We are looking for a - **Manager Credit Risk Early Collections **(without direct reports)**Key Deliverables** - Daily contact with clients and bankers to remediate portfolio across all client portfolio of accounts. Credit and Credit...


  • 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 Manager

    1 month ago


    Johannesburg, 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...

  • Manager Credit

    23 hours ago


    Johannesburg, South Africa Absa Bank Limited Full time

    Bring your possibility to life! Define your career with us - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job...

  • Credit Risk Manager

    1 month ago


    Johannesburg, South Africa Milton Resourcing Full time

    As a Credit Manager, you will be responsible for a diverse range of tasks aimed at safeguarding the bank's financial health and maintaining a robust credit policy. Your key responsibilities will include but not be limited to: - ** Credit Assessments**: Conducting thorough credit assessments of individuals and businesses to evaluate their creditworthiness...

  • Head Credit Jhb

    4 weeks ago


    Johannesburg, South Africa Job Crystal Full time

    A digital bank with a strong entrepreneurial identity and a high-performance culture is looking for a Consumer Head of Credit, who will be accountable for all aspects of credit risk for the Consumer Lending portfolio of the company. The position includes managing and defining the risk appetite, ensuring that credit processes and solutions are effective,...


  • Johannesburg, South Africa Job Crystal Full time

    -South Africa, Gauteng *** - R125000 - R141000 Per Month **Area**: South Africa, Gauteng **Sector**: All Posted: 30 April 2024 **Job Details**: A digital bank with a strong entrepreneurial identity and a high-performance culture is looking for a Consumer Head of Credit, who will be accountable for all aspects of credit risk for the Consumer Lending...

  • Manager Credit

    5 days ago


    Johannesburg, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary To...

  • Credit Risk Manager

    4 weeks ago


    Johannesburg, South Africa Logic 360 Group Full time

    **Job Purpose** - The Credit Risk Manager is responsible for the management of Credit Risk across the lifecycle 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...


  • Johannesburg, South Africa Macdonald & Company Full time

    **Location**: **Johannesburg** **Salary**: **667,680** **Job Type**: **Permanent** **Reference**: **71316** **Job Summary**: Our client is a top real estate company operating in and around Gauteng, with over 20 years of experience and a portfolio of more than 10,000 residential and commercial units. They specialize in student accommodation, social...


  • Johannesburg, South Africa Nedbank Full time

    **Job Req** - 122983- Manager: Credit Risk Early Collections x 5- Closing Date- 20 January 2023- Career Stream- Credit Collections - Location- Sandton**Job Purpose**Responsibilities**: - Give an overview of the book by developing and preparing portfolio review presentations based on Management Information Systems (MIS). - Ensure efficient work ethic and...


  • Johannesburg, South Africa Nedbank Full time

    **Job Purpose** - Bridge Coverage with Product in planning the overall consumption of CIB’s financial resources with the underlying objective of optimizing sustainable revenue streams and creating resilience in earnings.**Responsibilities**: **Manage Financial & Business Performance** - Formulation of an overarching risk appetite statement for CIB together...

  • Manager: Credit

    1 month ago


    Johannesburg, South Africa Nedbank Full time

    **Requisition & Talent Acquisition Consultant Details** - REQ 133560 - Twanette Coetser- Closing Date - 7 May 2024**Location & Cluster** - Total Business Banking and Retail - Credit Value Management - Credit Assessment- 135 Rivonia Road, Sandton- Career Stream- Credit Management - Leadership Pipeline- Manage Self: Professional **Manager: Credit x 2** **Job...

  • Credit Analyst

    1 month ago


    Johannesburg, South Africa FirstRand Full time

    Job Description Hello future Credit Analyst Ashburton Investments is a new generation investment manager that offers investors access to more sources of return and more ways to manage risk. In the institutional space in South Africa as well as our Global business, we pride ourselves on offering solutions to address clients’ holistic balance sheet needs,...

  • Senior Credit Manager

    4 weeks ago


    Johannesburg North, South Africa Communicate Recruitment Full time

    One of the biggest banks with a focus on commercial banking is seeking to hire a Senior Credit Manager to join their Joburg office. This role will be responsible for managing the Credit Risk Management function of the banking business in South Africa under the supervision and guidance of the Head of Credit. The purpose of this role is to ensure proactive...

  • Manager: Credit

    1 month ago


    Johannesburg, South Africa Nedbank Full time

    **Requisition & Talent Acquisition Consultant Details** - REQ 127734 - Twanette Coetser- Closing Date - 28 July 2023- Location & Cluster- Total Business Banking and Retail - Credit Value Management - RBB Centralised- 135 Rivonia, Sandton, Gauten- Career Stream- Credit Management - Leadership Pipeline- Manage Self: Professional - Manager: Credit**Job...

  • Manager: Credit

    1 month ago


    Johannesburg, South Africa Nedbank Full time

    **Requisition & Talent Acquisition Consultant Details** - REQ 122045 - Twanette Coetser- Closing Date - 10 February 2023**Cluster & Location** - Total Business Banking and Retail - Client Value Management - GAUTENG- 135 Rivonia Road, Sandton- Career Stream- Credit Management - Leadership Pipeline- Manage Self: Professional - FAIS Affected**Manager: Credit...

  • Manager: Credit Risk

    1 month ago


    Johannesburg, South Africa Telebest Full time

    Our client has an opportunity available for a Manager in the Credit Risk department based in Sandton.Requirements:CA or BCom postgraduate qualification.MBA would be advantageous.10 to 15 years Credit Risk experience in a financial institution.3+ years managing teams directly or indirectly.Experience in risk mitigation standards and processes.Proven track...