Senior Credit Manager

at  Nedbank

CA, CFA, MBA

Minimum Experience Level

• 5 to 10 years 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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Essential Qualifications

• Advanced Diplomas/National 1st Degree

Preferred Qualification

• Btech in Credit Management, Post Graduate Qualifications

JOB PURPOSE

To provide a superior client service through people by applying sound lending credit principles thereby enabling Nedbank CIB to grow its client base within an acceptable credit risk appetite.

JOB RESPONSIBILITIES

• Suggest alternative funding solutions by making recommendations based on the credit policy guideline and the analysis based on the information provided.
• Manage daily activities of direct reports by monitoring the staff output.
• Manage performance and build the intellectual capital of the team by conducting on the job training, counselling and coaching.
• Build and maintain effective working relationships with stakeholders by providing a range of specialized credit risk management advisory services.
• Manage client expectations by operating within the specified parameters and Service Level Agreements (SLA).
• Ensure compliance by sanctioning credit decisions based on the credit policy guideline in conjunction with relevant Nedbank strategy and the analysis based on the information provided within applicable mandate.
• Enhance policies and procedures by recommending and making submissions to the relevant parties.
• Adapt to changes in Legislation, economic and industry conditions by implementing the changes to credit policies, processes and systems where applicable.
• Manage and sustain acceptable credit risk appetite by applying credit risk management processes to diverse portfolios.
• Give overview of the book by developing and preparing portfolio review presentations based on the Management Information System (MIS).
• Identify the various credit risks pertaining to a client by analysing and interpreting financial, market and business information.
• Ensure quality of submissions of credit applications /reviews / portfolio reports by reviewing and evaluating information from direct reports and stakeholders.
• Reviewing and evaluating internal rating models on an annual basis and providing thought leadership in the development and refresh of new and existing models.
• 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.
• Identify training courses and career progression for self through input and feedback from management.
• Ensure all personal development plan activities are completed within specified timeframe.
• 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).
• Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.

Essential Qualifications

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Btech in Credit Management, Post Graduate Qualifications.

Essential Certifications