Risk Portfolio Manager
2 weeks ago
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.
- 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.
- A higher education qualification in a Finance or Credit-related field.
- 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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