Title:  Divisional Credit Executive

Job Purpose

To support Nedbank CIB’s strategic focus on

• growing trade and commodity finance,
• ancillary transactional opportunities, and
• the development of Nedbank’s participation in African trade corridors,

by providing strategic insights into credit risk strategies; risk appetite; asset allocation; strategic capital management and risk adjusted performance measurement for Trade Finance, in order to achieve an optimal credit portfolio; as per the business strategy.

Job Responsibilities

Credit Governance

• Serve as a voting member of relevant credit committees.
• Serve as sponsoring credit executive on relevant trade finance deals.
• Ensure decisions comply with:
  • Credit policies
  • Regulatory requirements
  • Basel principles
  • Internal risk appetite frameworks

• Provide expert credit judgement on complex and high-risk transactions. Credit committee participation and governance oversight are core credit executive responsibilities.

Deliver on CIB Strategy

• Lead and manage the CIB Trade Finance risk portfolio.
• To provide independent credit risk assessment, decision-making, portfolio oversight and strategic risk guidance for Trade Finance, Structured Trade Finance, Supply Chain Finance and Working Capital solutions within CIB.
• The role is responsible for balancing prudent risk management with business growth, ensuring that trade finance transactions are structured, approved and managed within the bank's risk appetite and regulatory framework.
• Provide expert credit input/views/guidance to the Transactional Services Business Team deals are appropriately structured and sufficient risk mitigation is in place and provide guidance on the relevant internal credit ratings.
• Add value to Nedbank Group by optimising credit advice and solutions and identifying and reducing credit risk.
• Manage the CIB Trading Finance credit risk portfolio through collaboration with internal stakeholders across all relevant business units to assess new opportunities in a co-ordinated approach across key markets, sectors and clients, resulting in a positive impact on Nedbank’s bottom-line.
• Enhance Nedbank's risk and balance sheet strategies by providing strategic insight into strategic portfolio tilt, accurate impairment and risk weighted asset forecasting.
• Enhance Risk adjusted profitability by providing best practice credit insights and methodologies as input into risk adjusted performance measurement and pricing, capital management and portfolio optimisation.
• Promote a culture of being a values driven leader and strategic business partner by building trusting relationships with all stakeholders.
• Optimise processes, procedures and systems through continued digitisation, benchmarking to international best practices, and implementing improvements on an ongoing basis.
• Keep abreast of changes (market and legislation) and developments in the Rest of Africa, Africa Asia trade corridor by collaborating with SIRC, in-country representatives and conducting own research and benchmarking industry best practices.
• Develop and leverage relationships with relevant external stakeholders, industry forums/bodies/initiatives through participation and liaising both formally and informally.
• Travelling to key markets/jurisdictions as part of ongoing risk assessment and to assist the Business Unit in implementing the Trade Finance business and credit strategy.

Essential Qualifications - NQF Level

Minimum Experience Level

• Minimum 20 years trade finance credit experience.

Behavioural Competencies

• Stakeholder management
• Aligning Performance for Success
• Building Partnerships
• Decision Making
• Influencing
• Driving for Results
• Planning and Organizing