Credit Support Manager - Johannesburg, South Africa - Nedbank

Nedbank

Verified Company

Johannesburg, South Africa

1 week ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

This is a Limited Duration Contract

REQ Twanette Coetser
Closing Date 20 January 2023
Requisition Details & Talent Acquisition Contact
Total Business Banking and Retail
Client Value Management
Lakeview, Johannesburg
Career Stream
Administration, Transactional Processing and Production
Leadership Pipeline
Manage Others
Credit Support Manager

Job Purpose

Resilient, versatile individual with strong business acumen and creative problem solving; sound levels of professional maturity, conflict resolution and selfmanagement skills; able to think and act independently (strong analysis and judgement); must be able to interact and operate at all levels

Loyalty and perseverance
Responsibilities:

Specialised Credit Support to RBB frontline stakeholders for clients that fall within the following criteria:
Principle Client Portfolio (PCP)
High complexity groups with BB approved facilities >R100m
Groups involved with Specialised Finance transactions
All Public Sector groups
Management of credit administrative tasks include:
Management of CRM case and task distribution and execution
Quality assurance
Moodys financial spreading, including assumption projections if required
Completion of Municipality Financial Analysis Template
Credit risk ratings, including Corporate, Public Sector and Income Producing Real Estate (IPRE)
Update of Public Sector Peer Analysis
Debtors analysis and measurement of debtor & stock covenants
Limit calculations only where debtor covenants are applicable
Measurement of financial covenants where manual intervention is required, including Cash to Debt model (reviews only)
ACM Management (security value updates of debtor analysis)
Preparation of client letters, which includes facility letters, amendment letters, expression of interest letters, breach letters relating to breaches of financial covenants.
Monitor quality of reports and make recommendations regarding changes.
Use innovative methods in the analysis and presentation of information.
Support compliance with Basel II and III requirements.
Build and maintain an effective working relationship with all stakeholders. Includes developing own knowledge of credit processes, policies and documentation and business strategies.
Process enhancements on an ongoing basis include:
Specialists assisting with training in Credit Support Centre (CSC), including Moodys, facility letters, credit rating models
Creation and updating of operational guides
Regular meetings with PCP Portfolio and Provincial teams to identify challenges and suggestion to improve efficiencies
Participation in projects to improve service delivery, reporting standards, system enhancements.
Personal development, develop individual skills plan, attend scheduled development activities.
Working with and in a team to deliver on common goals.
Change management skills.
General knowledge of Business Banking Products and services.

Minimum Experience Level

Minimum 5 Years' Credit or Credit Administration experience within a Banking environment
3 Years' Financial Statement Analysis or Balance Sheet Analysis experience would be an advantage

Requirements: