Credit Manager: Special Portfolio - Johannesburg, South Africa - Nedbank

Nedbank
Nedbank
Verified Company
Johannesburg, South Africa

2 weeks ago

Thabo Mthembu

Posted by:

Thabo Mthembu

beBee Recruiter
Description

Job Purpose

  • The Credit Manager will need to demonstrate proactive management of financially distressed and nonperforming clients understanding client's businesses, setting appropriate client strategies, solution driven which combined actions translate into customer retention and rehabilitation without compromising the bank's risk.
  • The purpose of this role is to assist the Senior Credit Manager and Credit Executive in effectively and efficiently managing a portfolio of highrisk clients through the interaction with CIB, Property Finance, Rest of Africa and Special Portfolio's Credit, Legal and Administration structures, as well as manage multilender situations in consortiums.

Responsibilities:


  • Recommend and present credit decisions to mandated credit committees and assist in implementing the credit decisions and monitoring the financial health post the implementation of the credit decision.
  • Research and analyse information using appropriate problem identification techniques in order to propose a solution(s) and be able to oversee the implementation of the solution after approval.
  • Interact with various stakeholders in CIB to assist with formulating appropriate solutions for each client.
  • Interact externally with clients, external auditors, lawyers and other banks.
  • Prepare and review MIS for the allocated portfolio which includes all reporting requirements for credit and operational risk monitoring as well as model backtesting & calibration.
  • Active contributor to discussions in Special Portfolio credit committee.
  • Need to have a good working knowledge of financing and security structures.
  • A working knowledge of the Insolvency Act and Chapter 6 of the Companies Act will be advantageous.
  • Must be able to work effectively within a team and have a high tolerance for stressful situations.
  • Needs to be able to be adaptable and flexible and think of solutions outside of the normal credit parameters.
  • Need to have a high degree of financial acumen and an ability to perform under pressure.
  • Good communication skills are vital, as are analytical thinking and attention to detail.


  • Preferred Qualification

  • B.Com (Hons), CA(SA) or CFA
  • Minimum Experience Level 23 years Credit Risk Management experience within Banking environment

Technical / Professional Knowledge

  • Banking procedures
  • Business principles
  • Communication Strategies
  • Data analysis
  • Governance, Risk and Controls
  • Nedbank policies and procedures
  • Principles of project management
  • Relevant regulatory knowledge
  • Decisionmaking process
  • Cluster Specific Operational Knowledge

Behavioural Competencies

  • Communication
  • Decision Making
  • Initiating Action
  • Managing Work
  • Quality Orientation
  • Technical/Professional Knowledge and Skills


  • EE Statement

  • Preference will be given to individuals from underrepresented groups
- **_Please contact the Nedbank Recruiting Team at _
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