Senior Manager: Credit Risk - Johannesburg, South Africa - Nedbank

Nedbank Johannesburg, South Africa

3 weeks ago

Description

Requisition & Talent Acquisition Consultant Details

REQ Twanette Coetser

Closing Date - 05 May 2024

Cluster & Location

Total Business Banking and Retail - CDR - Relationship Banking Credit Risk

135 Rivonia, Sandton

Career Stream

Credit Collections

Leadership Pipeline

Manage Others

Senior Manager: Credit Risk

Job Purpose

We have an opportunity for a a Senior Manager with expertise in Credit Risk Management for our Relationship Banking team.

To apply sound credit risk management principles, manage staff involved in early to late-stage collection across various financial products (Current/Savings Accounts, Home Loans, Personal Loans, Asset-Based Finance, term loans, and commercial properties), by minimising risk and impairments and provide client service aligned to Nedbank Strategies.

Job Responsibilities

Manage and support direct reports by providing oversight and necessary coaching on processes, credit policy, strategies and/or deliverables.
Manage reports through early and daily actioning of tasks and exceptions.
Action reports by monitoring, distributing and collating information.
Manage and rehabilitate clients by getting backward-roll/cure on arrears and excesses.
Ensure all products in relationship banking namely CASA, HL, PL and ABF are actioned in line with process and credit policy.
Ensure all risk managers are actioning their work queues on Debt Manager and Vertigo across all products daily.
Check and ensure daily required number of Right Party Contact calls are made as required by regulator, process and credit policy.
Analyse client information to assess and grant level of risk by interpreting and analysing financial information for Private Clients and Small Business Services within the ambit of banking regulations, process and credit policy.
Make correct credit decisions on a consistent basis first time round by complying to service level agreements and within designated credit mandate.
Demonstrate an understanding of client needs by providing feedback on application decisions based on Nedbank's risk appetite.
Utilise resources by allocating according to business needs.
Resolve work challenges by initiating action plans in accordance with policies and procedures.
Guide, support and collaborate with internal and external stakeholders through formal or informal knowledge sharing.
Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
Obtain buy-in for developing new and/or enhanced processes (e.g., operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g., staff surveys etc.)
Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
Identify training courses and career progression through input and feedback from management for self and direct reports.
Ensure all personal development plan activities are completed within specified timeframe for self and direct reports.
Identify systems and process improvement initiatives by escalating for decisions to relevant stakeholders.
Upskill stakeholders by sharing knowledge on service offerings and client needs.
Guide and support internal stakeholders through formal or informal knowledge sharing.
Collaborate with external stakeholders through regular communication and feedback.
Resolve work challenges by initiating action plans in accordance with policies and procedures.
Contribute to policy, procedures and standards enhancement by providing input/suggestions.
Support the achievement of the business strategy, objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems, process, services and solutions are aligned.
Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).

Minimum Experience Level

5 - 8 years' experience in credit or risk management and collections experience in a banking environment.
5 - 8 years' People management experience
5 - 8 years' experience in Current Accounts, Home Loans and Asset Based Finance a must

Essential Qualifications – Minimum NQF Level 7

Matric / Grade 12 / National Senior Certificate
National Diploma in Finance or Credit Management

Preferred Qualification

Degree in Finance / Credit / Banking
B.Tech / BComm in Credit Management or B.Comm finance or studying towards a degree in Finance, Banking or Commerce

Technical / Professional Knowledge

Data analysis
Governance, Risk and Controls
Industry trends
Principles of financial management
Relevant regulatory knowledge
Working with a group to identify alternative solutions to a problem
Building and maintaining effective relationships with internal and external stakeholders
Analysing and interpreting quantitative and qualitative data
Relevant Nedbank policies and procedures
Banking knowledge

Please contact the Nedbank Recruiting Team at

Credit Risk

2 weeks ago

Isilumko Staffing Johannesburg, South Africa

Must have 2 - 3 years credit vetting experience with excellent communication skills and solid understanding of legislation (Credit Act) ...
Manager - Credit Risk

2 weeks ago

Jelocorp Johannesburg, South Africa

**Main purpose of the Job**: · To carry out comprehensive credit risk management for the branch · **Duties & Responsibilities**: · - Administer the Drawdown Centre process and procedure · - Ensure the above complied with internal policies and procedure manuals · - **_Ensure polic ...
Credit Risk Analyst

2 weeks ago

Absa Bank Limited Johannesburg, South Africa

Bring your possibility to life Define your career with us · - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to rese ...
Credit Risk Analyst

2 weeks ago

TotalEnergies Johannesburg, South Africa

Finance · - JOHANNESBURG-BIERMANN AV(ZAF) · - South Africa · - As a Credit Risk Analyst, you will be responsible for the following activities: · **Controlling and Reporting** · To perform risk assessments on new customers (prior to entering into any Commercial relationship) based ...
Credit Risk Manager

1 week ago

Milton Resourcing Johannesburg, South Africa

As a Credit Manager, you will be responsible for a diverse range of tasks aimed at safeguarding the bank's financial health and maintaining a robust credit policy. Your key responsibilities will include but not be limited to: · - ** Credit Assessments**: Conducting thorough credi ...
Credit Risk Analyst

3 weeks ago

M4PS (Pty) Ltd Johannesburg, South Africa

**Main responsibilities** · - Conduct due-diligence and credit analysis of new and existing counterparts using various qualitative and quantitative data (KYC documents, financial statements, credit reports, industry/country reports, etc.) to support decision-making. · - Have a cr ...
Credit Risk Analyst

3 weeks ago

Staff Solutions Johannesburg, South Africa

**Gauteng**, JHB - Eastern Suburbs** · **(Market related)** · Our client in the Automotive Financial Services Industry is seeking a Credit Risk Analyst to join their team in Johannesburg. · **Duties & Responsibilities**: · - Formulate and improve the basic system and management p ...
Credit Risk Manager

2 weeks ago

FirstRand Johannesburg, South Africa

Job Description · To maximise the banks Risk-Adjusted Rate of Return by managing credit risk in the entire portfolio and individual transactions as well as managing Credit Analysts · - Achieve year on year TotalRevenue Growth for the Business · - Reduce Bad debts as a percentage ...
Credit Risk Analyst

3 weeks ago

Absa Bank Limited Johannesburg, South Africa

Bring your possibility to life Define your career with us · - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to rese ...
Credit Risk Manager

3 weeks ago

TotalEnergies Johannesburg, South Africa

**Pays** · Afrique du Sud · **Lieu** · South Africa · **Lieu de travail** · JOHANNESBURG-BIERMANN AV(ZAF) · **Domaine** · Finance · **Type de contrat** · CDI · **Expérience** · Minimum 6 ans · **Qualification/ Experience Required** · - B Comm degree is a requirement · - Minimum o ...
Credit Risk Manager

3 weeks ago

LMP RECRUIT Johannesburg, South Africa

Are you hands on and strategic. · Our client in the Fnancial technology sector seeks your sound experience as a Credit - Risk manager. · **Qualification and Experience**: · - BCom Honours in Economics, Finance, or related disciplines or alternatively a BSC Degree in Statistics or ...
Credit Risk Analyst

3 weeks ago

Nedbank Johannesburg, South Africa

**Requisition & Talent Acquisition Consultant Details** · - REQ Twanette Coetser- Closing Date - 25 March 2024**Cluster and Location** · - Total Business Banking and Retail - Client Value Management - Credit Risk- Johannesburg, Gauteng- Hybrid**Career Stream** · - Credit Collecti ...
Credit Risk Analyst

3 weeks ago

Nedbank Johannesburg, South Africa

**Requisition & Talent Acquisition Consultant Details** · - REQ Twanette Coetser- Closing Date - 29 November 2023**Cluster & Location** · - Total Business Banking and Retail - Client Value Management - Credit Risk- 135 Rivonia Road, Sandton- Hybrid**Career Stream** · - Credit Col ...
Credit Risk Manager

1 week ago

Performability Johannesburg, South Africa

The Credit Risk Manager is responsible for the management of Credit Risk across the life cycle of the unsecured loans portfolio. This not only includes being able to provide the strategic direction for the portfolio but also being able to undertake in-depth analysis of the portfo ...
Credit Risk Manager

2 weeks ago

Mass Staffing Projects Johannesburg, South Africa

**Job Information** · - Location- Finance Jobs in Johannesburg- Salary- Market related- Job Type- Permanent- Education- Bachelor degree- Experience- 5 years' experience- Reference FJDCR01- · - Fax Leading Professional Services firm has an opening for a knowledgeable and experien ...
Analyst Credit Risk

1 week ago

Absa Bank Limited Johannesburg, South Africa

Bring your possibility to life Define your career with us · - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to rese ...
Credit Risk Consultant

1 week ago

Isilumko Staffing Johannesburg, South Africa

A well established company is looking for Credit Risk Consultants. This will be a contract position offering R R 5000 Incentive if all monthly targets are achieved. · **The Consultants will be responsible for**: · 1.The credit Risk vetting process · 3. Validate documents · 4. Con ...
Credit Risk Analyst

3 weeks ago

The Corporate Circle Johannesburg, South Africa

Job Overview · **Date Posted**: · Posted 56 mins ago · **Location**: · Johannesburg, Gauteng · **Job Title**: · Credit Risk Analyst · **Salary**: · R50,000 · **Education Level**: · Bachelors Degree · **Job Level**: · Intermediate · **Minimum Experience**: · 3 - 5 Years · Credit R ...
Manager: Credit Risk

3 weeks ago

Nedbank Johannesburg, South Africa

**Job Req** · Closing Date- 22 February 2023- Career Stream- Credit Collections · - Location- Sandton**Job Purpose**Responsibilities**: · - Manage performance and efficiency of the team (where applicable) by conducting on the job training, counselling, coaching and monitoring dai ...
Credit Risk Manager

1 week ago

Asource Johannesburg, South Africa

**Qualification and Experience**: · - BCom Honours in Economics, Finance, or related disciplines or alternatively a BSC Degree in Statistics or Mathematics (Quantitative degree) or equivalent. · - Analytical skills (ability to extract and analyse large volumes of data), coding sk ...