Job Description

Job PurposeTo recommend and or grant credit to place quality assets on to the book and continued risk management across Nedbank CIB's rest of Africa exposuresJob Responsibilities

• Validate client and supporting information by assessing the contents of the documents.
• Analyse credit applications by assessing serviceability of the funding applied for.
• Approve funding by making decision based on the credit policy guideline in conjunction with relevant Nedbank strategy and the analysis based on the information provided.
• Suggest alternative funding solutions by making recommendations based on the credit policy guideline and the analysis based on the information provided where declined.
• Build and maintain effective working relationships by providing a range of specialized credit risk management advisory services.
• Collaborate with the rest of CIB Risk and Group (SIRC, GEU, Nedbank Africa Regions, Africa Analysts) to gain a deep understanding of targeted jurisdictions.
• Manage client expectations by operating within the specified parameters and Service Level Agreements (SLA).
• Enhance processes, policies and procedures by recommending and making submissions to the relevant parties.
• Adapt to changes in Legislation by providing input to redesigning credit processes and systems where applicable.
• Ensure processes are actioned within mandated signatories by checking and confirming the sign off.
• 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.
• Incumbent will be responsible for the management and performance of the annual review function for the region's book.
• Responsible for general credit administration.
• Ability to write credit recommendations to higher tiers for approval as well as understand and sign off on property leases, sale agreements. Must have an understanding of the companies Act, CC Act.
• Must hold a credit granting mandate at current job.
• Be responsible for the Rest of Africa (including climate risk) monthly or quarterly reporting and ensure that the requisite reports are formalised within agreed timeframes.
• Keep abreast of changes (market and legislation) and developments in the Rest of Africa, by collaborating with SIRC, conducting own research and benchmarking industry best practices.

Preferred Qualification

• BCom (Hons), CA(SA) or CFA
• Minimum of 3 years' Credit experience (CIB Preferably)

Preferred Certifications

• CA / MBA / CFA /CIMA / BCom

Minimum Experience Level

• 2-3 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
• Decision-making process
• Cluster Specific Operational Knowledge

Behavioural Competencies

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

Employment Equity StatementPreference will be given to underrepresented groupsPlease contact the Nedbank Recruiting Team at +27 860 555 566If you can't find the job you're looking for, activate job alerts to be one of the first to know when new positions open up.

Nedbank