Manager: Credit Collections

2 weeks ago


Johannesburg, South Africa Nedbank Full time

**Job Requisition**
- REQ 123345**Job Location**
- Johannesburg- Career Stream- Legal
- Leadership Pipeline- Manage Self: Professional

**Job Purpose**
- To manage the Credit Collections Team. This team’s core deliverables are to manage pre-legal arrears accounts, excesses, and monitoring client conduct. The desired outcome is to mitigate the impact of high-risk clients to support the business in achieving the division’s targets.**Responsibilities**:

- Managing the quality standards and turn-around times of the team of Credit Risk Officers for achievement of division’s targets.
- Manage and planning work-flow for the Credit Risk Officers’ output.
- Reviewing weekly/monthly/quarterly reports on all aspects relating to credit risk (including impairments), and providing feedback to stakeholders.
- Keeping records and statistics on arrears and distressed clients.
- Identifying arrears and distressed clients where a restructure will be mutually beneficial; and assisting Bankers and Lenders in the Credit process for Distressed Restructures.
- Review, managing and updated credit risk processes and procedures.
- Manage performance of direct reports by implementing Goal Commitment Contracts, providing regular feedback to direct reports, managing off-standard performance and recognising out-performance.
- Ensure debt Covenant monitoring is completed on loans where covenants are contracted
- Essential Qualifications - NQF Level- Advanced Diplomas/National 1st Degrees
- Preferred Qualification- Bachelor of Arts: Law, Advanced Diplomas/National 1st Degrees- Minimum Experience Level- 5 years role-relevant experience
- Management experience will be advantageous

**Technical / Professional Knowledge**
- Business principles
- Business writing
- Governance, Risk and Controls
- Nedbank culture and values
- Nedbank policies and procedures
- Nedbank vision and strategy
- Relevant regulatory knowledge
- Relevant software and systems knowledge
- Stakeholder management
- Management information and reporting principles, tools and mechanisms

**Additional Technical / Professional Knowledge**
- Financial Accounting principles
- Regulatory: National Credit Act, Companies Act, Trust Property Control Act, Insolvency Act
- Deeds Office processes: mortgage bond registration and cancellation, and registration of transfer and Bank Guarantees
- **_Please contact the Nedbank Recruiting Team at +27 860 555 566_



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