Credit Assessor

Job Req

139112

Closing Date

08 May 2025

Location

Menlyn Maine

Job Purpose

To identify potential profit by assessing credit applications with a view to granting credit within acceptable risk parameters and so contribute to the achievement of Nedbank's strategic priorities.

Job Responsibilities

• Achieve low default target by assessing the quality of applications within bank guidelines, external policies and legislation.
• Contribute to the growth of the department asset book by granting credit within acceptable risk parameters.
• Contribute to improved client service by assessing applications within prescribed turnaround times.
• Achieve results cost effectively by using resources prudently at all times.
• Reduce losses to the bank by identifying and reporting possible fraud.
• Facilitate achievement of Sales targets by providing advice to Sales Team on choosing appropriate products and capturing required information.
• Build a collaborative relationship with Sales Team by using effective interpersonal skills to determine needs and providing advice that facilitates target achievement. 
• Smooth the flow of work by maintaining relationships with internal stakeholder network.
• Ensure that work is delivered according to plan by monitoring progress against personal scorecard objectives (targets, service level agreements, quality of assessment) and taking remedial action where necessary.
• Manage time and resources by ensuring that work is completed efficiently without compromising on performance standards.
• Meet client service level agreements by processing applications within prescribed turnaround times and in line with agreed standards.
• Comply with Credit policy and lending mandate by operating within set guidelines.
• Minimize risk of default by assessing the quality of applications within bank guidelines, external policies and legislation.
• Comply with risk standards by monitoring applications to identify possible fraud and reporting appropriately.
• Improve effectiveness of credit assessment processes by constantly reviewing outputs and making recommendations.
• 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 input and feedback from management.
• Ensure all personal development plan activities are completed within specified timeframe by monitoring progress against plan and taking remedial action where necessary.
• Share knowledge and industry trends with team and stakeholders during formal and informal interaction by highlighting important new information.
• Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
• Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g.. Green Strategy).
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.

Essential Qualifications - NQF Level

Minimum Experience Level

• 2-3 years relevant experience within the financial industry. Experience within Credit would be an advantage.

Technical / Professional Knowledge

Behavioural Competencies