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Manager : Credit Risk Review & Monitoring

Manager : Credit Risk Review & Monitoring

NedbankSandton, Gauteng, South Africa
16 days ago
Job description

Join to apply for the Manager : Credit Risk Review & Monitoring role at Nedbank

Job Purpose

Monitoring of the end-to-end credit lifecycle across lending products for Business and Commercial Banking and Rest of Africa, to provide oversight and optimise the quality of the credit portfolio

Job Responsibilities

  • To monitor and report on the underlying Credit Risk in Retail and Business Banking and Rest of Africa.
  • Monitor quality in Credit processes, credit evaluations and credit judgement.
  • Perform adequate post approval / disbursement checks through statistical as well as sampling method.
  • Formulate and institutionalise early warning processes at client and portfolio level.
  • To provide input into the formulation of appropriate credit risk policies and procedures.
  • To monitor whether credit policies and guidelines are complied with.
  • Manage credit or service related queries within acceptable timeframes by resolving or reallocating to the subject matter experts.
  • Ensure collaborative working relationships through regular, honest engagement with managers and team members.
  • Ensure business effectiveness by providing input into systems, processes and policies.
  • Understand and embrace the Nedbank Vision and Values by leading by example and re-enforcing values during meetings.
  • Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
  • Create a client service culture through various required interventions.
  • Encourage team to generate innovative ideas and share knowledge.

Minimum Experience Level

  • Banking Regulatory and Process experience including product knowledge.
  • At least 10 years’ experience, of which 5 years must be in a banking environment within Retail and / or Business Banking specifically credit management.
  • Understanding of specialised finance credit assessment processes.
  • Understanding of banking regulations, specifically the role of NCR, the SARB, as well as BASA.
  • Retail and Business banking system experience would be an advantage
  • Essential Qualifications - NQF Level

  • Advanced Diplomas / National 1st Degrees
  • Diploma
  • Preferred Qualification

  • Relevant Degree in Accounting or Financial Management or similar
  • Type of Exposure

  • Creating a business plan.
  • Implementing a strategic plan.
  • Investigating and reviewing processes to improve client satisfaction.
  • Coaching and mentoring others.
  • Managing business risks
  • Technical / Professional Knowledge

  • Business administration and management
  • Governance, Risk and Controls
  • Principles of project management
  • Relevant regulatory knowledge
  • Staff resource planning
  • Strategic planning
  • Management information and reporting principles, tools and mechanisms
  • Disclaimer

    Preference will be given to candidates from the underrepresented groups.

    Please contact the Nedbank Recruiting Team at

    Seniority level

  • Associate
  • Employment type

  • Full-time
  • Job function

  • Administrative
  • Industries : Financial Services and Banking
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    Manager Credit Risk • Sandton, Gauteng, South Africa