Risk Portfolio Manager

2 weeks ago


Johannesburg, Gauteng, South Africa Nedbank Full time
Nedbank Credit Risk Portfolio Position

To succeed in this position, you will provide client service by applying sound credit risk management principles in accordance with approved credit mandates. This involves the management of a designated portfolio of clients across multiple products to reduce the cluster impairment charge and rehabilitate the client, as per the business or individual turnaround strategy.

Key Responsibilities
  • Approve facilities reviews annually based on credit risk policy guidelines and credit norms in conjunction with the relevant Nedbank strategy and provided information.
  • Analyse and assess individual and juristic financial statements.
  • Develop client exit or rehabilitation strategies by reviewing client facilities.
  • Ensure policies and processes are followed within mandated signatories and verify sign-offs.
  • Review submissions from other parties and ensure adherence to policies and procedures.
  • Manage default accounts by obtaining acceptable repayment arrangements or handing over portfolios to legal collections.
  • Approve funding based on credit risk policy guidelines and credit norms in conjunction with the relevant Nedbank strategy and provided information.
  • Provide an overview of the book by preparing portfolio review presentations using Management Information Systems.
  • Comply with legislation by enforcing adherence to changes.
  • Ensure a clean audit by enforcing adherence to bank policies, processes, and industry regulations.
  • Implement sound credit risk management by providing advice on specialized credit risk matters to cross-functional teams and direct reports.
  • Recommend process enhancements by seeking innovative improvements to credit systems.
  • Motivate staff to perform and contribute to the success of the business through teamwork and decision-making participation.
Requirements
  • Minimum 5 years of experience in a Credit role within a Banking environment.
  • Minimum 5 years of experience in analysing and assessing individual and juristic financials.
Preferred Qualification
  • A higher education qualification in a Finance or Credit-related field.
Key Skills
  • Business administration and management.
  • Change management.
  • Client service management.
  • Communication strategies.
  • Financial accounting principles.
  • Governance, risk, and controls.
  • Organisational systems.
  • Principles of project management.
  • Strategic planning.
  • Management information and reporting principles, tools, and mechanisms.


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