Senior Credit Manager
1 month ago
To deliver exceptional client service by applying sound lending credit principles, enabling Nedbank CIB to grow its client base within an acceptable credit risk appetite.
Key Responsibilities- Develop and implement alternative funding solutions based on credit policy guidelines and thorough analysis.
- Oversee daily activities of direct reports, monitoring staff output and providing guidance.
- Enhance team performance and intellectual capital through on-the-job training, counseling, and coaching.
- Build and maintain effective relationships with stakeholders by providing specialized credit risk management advisory services.
- Ensure compliance by sanctioning credit decisions based on credit policy guidelines, relevant Nedbank strategy, and thorough analysis.
- Contribute to policy development and enhancement by recommending and submitting proposals to relevant parties.
- Stay up-to-date with changes in legislation, economic, and industry conditions by implementing adjustments to credit policies, processes, and systems.
- Manage and sustain an acceptable credit risk appetite by applying credit risk management processes to diverse portfolios.
- Provide portfolio overviews by developing and preparing review presentations based on the Management Information System (MIS).
- Identify and analyze various credit risks associated with clients by interpreting financial, market, and business information.
- Ensure high-quality submissions of credit applications, reviews, and portfolio reports by reviewing and evaluating information from direct reports and stakeholders.
- Review and evaluate internal rating models annually, providing thought leadership in model development and refreshment.
- Support business strategy, objectives, and values by reviewing Nedbank and Business Unit Plans, ensuring alignment of delivered systems, processes, services, and solutions.
- Identify training opportunities and career progression for self through management input and feedback.
- Complete personal development plan activities within specified timeframes.
- Share knowledge and industry trends with the team and stakeholders during formal and informal interactions.
- Obtain buy-in for developing new and/or enhanced processes that improve stakeholder business functioning by highlighting benefits.
- Contribute to a culture conducive to transformation goals by participating in Nedbank Culture building initiatives.
- Support corporate responsibility initiatives for business strategy achievement.
- Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and add value to Nedbank.
- Advanced Diplomas/National 1st Degrees
- Btech in Credit Management, Post Graduate Qualifications
- CA, CFA, MBA
- 5 to 10 years of extensive experience or knowledge in credit granting across banking and lending products
- Extensive lending exposure to Leverage transaction, Acquisition, Sub-ordinated debt, Securitisation finance, and Share-backed lending
- Diversified lending & trade finance
- Individual credit granting mandate held and discharged
- Ability to work with and understand Basel and IFRS9 Rating models
- Banking knowledge
- Business principles
- Communication Strategies
- Data analysis
- Governance, Risk and Controls
- Research methodology
- Decision-making process
- Business Acumen
- Portfolio management
- Industry and Economic trends
- Coaching
- Communication
- Decision Making
- Work Standards
- Managing Work
- Technical/Professional Knowledge and Skills
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Please contact the Nedbank Recruiting Team at +27 860 555 566
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