Requisition and Specialist Recruiter Details
Closing Date: 26 November 2024
Cluster and Location
Total Business Banking and Retail - Credit Value Management - Gauteng
Job Purpose
The Credit Manager’s objective is to assess and evaluate the lending application for Commercial clients to minimise impairments and maximise profit. This role includes consistent application of Nedbank’s credit policy through a risk-based affordability assessment, periodic credit reviews of existing customers, and assessing the creditworthiness of potential customers within the agreed risk parameters as set out in the Nedbank Credit Strategy.
Job Responsibilities
- Validate client and supporting information through analysing and reviewing credit applications by assessing contents of documents for the proposed funding package and the viability of funding being applied for.
- Provide appropriate client solutions in line with clients’ business models.
- Meet client expectations by operating within specified parameters and Service Level Agreements (SLA), ensuring deliverables are met while adhering to credit processes, including mandated official sign-off on all applications.
- Adapt to changes in legislation by providing input to redesigning credit processes, systems, policies, and procedures where applicable.
- Support daily activities of a larger team by monitoring output and performance, building the intellectual capital of the team.
- Support the achievement of business strategy, objectives, and values by reviewing Nedbank and Business Unit Plans and ensuring systems, processes, services, and solutions are aligned.
- Share knowledge and industry trends with team and stakeholders during formal and informal engagements.
- Identify development areas and align to a personal career plan through input and feedback from leadership, ensuring all personal career plan activities are completed within specified timeframe.
- Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
Minimum Requirements
- NQF Level 7 or higher in a Financial or Banking related field essential.
- CIMA, Credit management degree or equivalent will be advantageous.
- Valid driver's license and own reliable vehicle.
- Minimum 5 years’ Credit Assessment / Credit Evaluation and decisioning experience within a Banking environment.
- Minimum 3 years' Business Banking experience in evaluating current and prospective clients' financial statements and credit reports to determine their ability to honour debt obligations.
- Firm understanding of legalities associated with lending and collateral.
- 1-2 years’ experience in Team Management / Supervisory role would be an advantage.
- Proven track record in managing a large book.
- Must be prepared to travel.
Technical / Professional Knowledge
- Business administration and management
- Change management
- Client service management
- Governance, Risk and Controls
- Principles of project management
- Relevant regulatory knowledge
- Strategic planning
- Management information and reporting principles, tools, and mechanisms
- Building Partnerships
- Earning Trust
- Coaching
- Communication
- Decision Making
- Inspiring others
- Guiding Team Success
- Planning and Organizing
Please contact the Nedbank Recruiting Team at +27 860 555 566
#J-18808-Ljbffr
