Provincial Manager Credit Risk at Nedbank

Job Purpose

To identify and manage the bank's high risk and potential high risk portfolio of accounts to minimise the bank's loss and grow the business where possible.

Job Responsibilities

• Ensure adequacy of impairments on the risk book by monitoring and assessing financial performance and security valuations.

• Ensure correct risk bucketing of clients in various risk categories by routinely monitoring the total advances book as a whole with regards to certain factors that serve as early warning signals and that are reported on exception reports.
• Build and maintain business relationships that ensure effective risk management by collaborating and networking between various stakeholders in order to streamline and enhance the credit risk processes.
• Ensure adequacy of internal processes in order to reduce or eliminate financial risk or loss through ongoing refinement, adherence and enhancement of the bank's processes and procedures.
• Ensure compliance and reduced credit and reputational risk by Implementing  relevant legislation within the credit risk environment.
• Ensure dissemination of knowledge pertaining to the bank's processes and procedures to relevant staff members through ongoing training and awareness sessions.
• Optimise efficiency and embed correct values by ensuring direct reports understand and support Nedbank's vision, values and strategy and are measured on delivery against these.
• Manage performance of reports and hold them accountable for managing the performance of their reports by implementing performance agreements, ensuring a clear vision, agreeing on goals and objectives, providing regular feedback on performance, recognising and rewarding achievement and take appropriate corrective action where required.
• Identify relevant development needs by assessing own performance and behaviour through formal and informal feedback.
• Drive to execute own and direct reports planned development by attending learning, seeking coaching or other industry or technical learning events and opportunities.
• Build depth of skills and knowledge in the team of managers by sharing knowledge and insight with team members, ensuring mentoring, coaching and day to day activities.
• Ensure continuous improvement goals are achieved by creating an environment whereby self, managers and team are encouraged to challenge the status quo by initiating constructive debates about work practices and areas for improvement.
• Ensure transformational target are met  through consideration of targets during the staff recruitment, retention  and training process and utilising suppliers listed on the preferred supplier list for department.
• Contribute to a culture conducive to the achievement of transformation goals and support business strategies that improve the corporate image by ensuring self, managers and team participation in Nedbank culture building initiatives.
• Participate and ensure managers encourage staff to participate and support corporate social responsibility initiatives for the achievement of business strategy (e.g.. Green Strategy).
• Ensure issues raised in culture survey are addressed and results are improved by ensuring action plans are created.
• Deliver a world class service through others by ensuring a client centric culture through required interventions.
• Identify areas of resource inefficiencies and promote optimisation through promoting multi-skilling and addressing capacity gaps by reviewing and improving work processes.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

Diploma: Insolvency Law and Practice

Type of Exposure

• Building a community of leaders
• Developing a divisional strategy plan
• Developing a stakeholder management grid for the business
• Developing resource plans to execute functional strategies
• Developing a client service delivery plan
• Managing business risks
• Formulating and implementing communication strategies to cascade group functional strategies
• Conducting benchmarking exercise to investigate improvement opportunities
• Executing major organisational change
• Networking and building relationships

Minimum Experience Level

5 - 8 years credit or credit risk management experience

Technical / Professional Knowledge

• Business administration and management
• Change management
• Communication Strategies
• Financial Accounting Principles
• Governance, Risk and Controls
• Organisational behaviour theory
• Principles of project management
• Strategic planning
• Talent management
• Management information and reporting principles, tools and mechanisms

Opportunities You Might Like:

• Apprenticeship Programmes

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Behavioural Competencies

• Aligning Performance for Success
• Earning Trust
• Decision Making
• Inspiring others
• Business Acumen
• Building partnerships