Head: Credit Risk Reporting

**Requisition Details & Talent Acquisition Contact**
- REQ 120750- Tshego Semenya**Cluster**
- Group Risk**Career Stream**
- Credit Management

**Leadership Pipeline**
- Manage Function : Portfolio
- Position- Head: Credit Risk Reporting**Job Purpose**
- To report on key aspects of the credit portfolio across business units and lending products on a group level to provide oversight; thereby contributing to optimising the credit portfolio quality; and enhancing productivity by providing the necessary business reports and insights; in line with Nedbank’s strategic objectives.**Responsibilities**:

- Keep abreast of legislation by conducting research and benchmarking industry best practices.
- Add value to Nedbank Group by optimising credit advice and solutions and identifying and reducing credit risk.
- Enhance Nedbank's risk and balance sheet strategies by providing strategic insight into portfolio tilt, accurate impairment and risk weighted asset forecasting.
- Manage reporting to market, senior management and regulators by providing reports, recommendations and supporting documentation to Group in compliance to legislative, regulatory and best practices and procedures.
- Enhance Risk adjusted profitability by providing best practice credit insights and methodologies as input into risk adjusted performance measurement and pricing, capital management and portfolio optimisation.
- Represent Nedbank in cross-functional forums by collaborating, engaging and providing credit portfolio management expertise to internal and external stakeholders.
- Create awareness and buy-in to credit strategies and methodologies to ensure strategic alignment by consulting, influencing and engaging with internal stakeholders.
- Promote culture of being a values driven leader and strategic business partner by building trusting relationships with all stakeholders.
- Monitor level of service by requesting feedback from stakeholders in order to identify improvement opportunities.
- Improve Nedbank Group's credit policies and procedures by reviewing and making recommendations for improvement.
- Optimise processes, procedures and systems through benchmarking to international best practices, reviews and evaluation and implementing improvements on an ongoing basis.
- Ensure governance and regulatory compliance by adhering to company policies and procedures, corporate governance and relevant regulatory requirements and regularly reviewing for updates required.
- Empower team to make decisions and recommend tailored solutions to business unit specific problems, through coaching and mentoring practices.
- Ensure the achievement of targets by monitoring implemented Divisional EE and Transformation Plan through consultation with HR.

**Monitoring and Reporting**:

- Provide independent review and insight to stakeholders to inform prudent risk management.
- Review reports prepared by the team to gain consensus and highlight pertinent credit risk issues.
- Track credit performance against business plan objectives and recommend corrective action as required.
- Optimise processes, procedures and systems through benchmarking to international best practices.
- Demonstrate understanding of key financial and business drivers per business unit.
- Provide financial and management reports to relevant stakeholders.
- Participate in risk committees and forums to identify new risks.
- Monitor that the bank adheres to documented processes and credit policies.

**Job responsibilities continued**

**Innovation and improvement**:

- Contribute to the maintenance of an up-to-date and future ready credit policy aligned to the banks strategic objectives and risk appetite.
- Stay abreast of developments in the field of credit risk of expertise and deliver on the expectations from stakeholders by building capability of self and staff through identifying current and future training and development needs.
- Encourage the team to generate innovative ideas and share knowledge.
- Drive credit data enhancements and improved automation of reports.
- Reduce duplication of effort across the reports, the team and across the bank.
- Communication and collaboration:

- Identify, establish and maintain relationships with stakeholders.
- Create an environment of teamwork and encourage participation in decision-making processes.

**Team management and co-ordination**:

- Implement performance agreements, ensure a clear vision, agree on goals and objectives, provide regular feedback on performance, recognise and reward achievement and take appropriate corrective action where required.
- Review and monitor the team’s work to ensure accuracy and quality.
- Monitor quality and achievements of standards by reconciliation, logic-checks and user-testing of outputs.
- Mentor and coach staff on identified performance gaps by discussing these performance gaps and agree on appropriate action to be taken.
- Foster an environment where people feel motivated to perform and contribute to the