Senior Credit Manager

1 month ago


Johannesburg, Gauteng, South Africa Nedbank Full time
Job Purpose

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.
Essential Qualifications
  • Advanced Diplomas/National 1st Degrees
Preferred Qualification
  • Btech in Credit Management, Post Graduate Qualifications
Essential Certifications
  • CA, CFA, MBA
Minimum Experience Level
  • 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
Technical / Professional Knowledge
  • 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
Behavioural Competencies
  • 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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