Manager: Credit Risk

Requisition Details & Talent Acquisition Contact

Requisition nr:
Talent Acquisition Specialist: Bongiwe Mchunu
Location: Bloulelie Cres, Plattekloof 3, Cape Town
Closing date: 23 January 2025

Cluster

Business and Commercial Banking 

Career Stream

Leadership Pipeline

Position

Manager: Credit Risk

Why join the team!

Job Purpose

Job Responsibilities

• Perform monitoring exercise to ensure business alignment to agreed risk appetite measures.
• Gain consensus and highlight pertinent credit risk issues by preparing and presenting reports to various forums.
• Facilitate and guide monitoring activities by obtaining legal opinion and directives.
• Establish emerging risks by studying the external environment including competitors and the macro economy.
• Contribute towards financial targets by monitoring and improving credit risk.  
• Identify, establish and maintain relationships with stakeholders to ensure buy-in of monitoring activities and recommendations.
• Provide independent opinion to stakeholders to inform prudent risk management.
• Challenge recommendations and policy changes made by the business to ensure thorough understanding of the risk involved.
• Represent Credit Risk by participating in Risk Committees and Forums.
• Ensure that the bank, in its lending practices, treats the customer ethically and fairly by being the customer's voice in Risk Committees and Forums.
• Ensure alignment to changes in regulations and Group Policy by contributing to the maintenance of an up to date credit policy.
• Address immediate and emerging risks by performing ad hoc monitoring exercises.
• Ensure compliance of agreed corrective actions by continuous monitoring.
• Ensure alignment of business to policy and regulations by monitoring and making recommendations.
• Ensure clear direction of activities by establishing and following an annual visitation programme for all regions.
• Ensure accuracy and quality by monitoring work done by team.
• Motivate staff to perform and contribute to the success of the business by creating environment of teamwork through engaging with staff (sharing information) and encouraging participation in decision making processes.
• Stay abreast in field of expertise and deliver on the expectations from stakeholders by building capability of self and staff through identifying current and future training and development needs.
• Contribute to team effectiveness by  following the recruitment process when recruiting talent.
• Ensure self and staff 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.

Essential Qualifications - NQF Level

Preferred Qualification

• Post-graduate qualification in Credit, Accounting  and Finance or similar

Minimum Experience Level

• 4 to 6 years of banking experience with a strong focus on Credit or Credit Risk management. This should include hands-on exposure to assessing financial statements, structuring credit solutions, and managing risk for business clients.
• Proven ability to rehabilitate financially distressed clients, apply credit policies, and exercise independent judgment within mandate limits.
• Experience engaging directly with clients, conducting on-site visits, and leading courageous conversations to negotiate restructuring solutions.
• Solid understanding of credit risk principles, industry trends, and regulatory requirements, with the ability to think creatively and tailor solutions beyond standard policy frameworks.

Technical / Professional Knowledge

Disclaimer

Preference will be given to candidates from the underrepresented groups

Please contact the Nedbank Recruiting Team at +27 860 555 566