Senior Portfolio Manager Credit Risk Specialist

4 days ago


Johannesburg, Gauteng, South Africa Nedbank Full time
Job Summary

Nedbank is seeking a seasoned professional to join their team as a Senior Portfolio Manager Credit Risk Specialist. This role will involve overseeing a designated portfolio of clients across multiple products, applying sound credit risk management principles and enabling the bank to reduce the cluster impairment charge.

About the Role

This position requires a minimum of 5 years' experience in a Credit role within a Banking environment, with a strong focus on analysing and assessing individual and juristic financials. The ideal candidate will have successfully completed NQF Level 6 in a Finance or Credit-related field and possess excellent business administration and management skills.

Key Responsibilities
  • Approve annual review of facilities by making decisions based on the credit risk policy guideline and credit norms in conjunction with relevant Nedbank strategy and analysis.
  • Analyse and assess individual and juristic financial statements to inform credit decisions.
  • Develop client exit or rehabilitation strategies by reviewing client facilities and conducting thorough assessments.
  • Ensure policies and processes are followed within mandated signatories, including checking and confirming sign-off.
  • Manage default accounts timeously by obtaining acceptable repayment arrangements or handing over portfolios to legal collections.
  • Approve funding by making decisions based on the credit risk policy guideline and credit norms in conjunction with relevant Nedbank strategy and analysis.
  • Provide advice on specialized credit risk matters to cross-functional teams and direct reports.
Requirements
  • Minimum 5 years' experience in a Credit role in a Banking environment.
  • Minimum 5 years' experience analysing and assessing individual and juristic financials.
Estimated Salary

R1 200 000 - R1 500 000 per annum, depending on experience and qualifications.



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