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Manager Credit

Cape Town
Salary: Market Related
Job Type: Permanent
Sectors: Banking Finance
Benefits: Medical Aid Pension Parking Maternity Leave
Reference: 137042

Apply before Apr 04 2025 | 22 Hours left

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Vacancy Details

Employer: Nedbank Head Office

Requisition and Specialist Recruiter Details

XXX-XXXX - Twanette Coetser

Closing Date - 4 April 2025

Cluster and Location

Total Business Banking and Retail - Credit Value Management - Gauteng

Plattekloof, Western Cape

Career Stream

Credit Management

Leadership Pipeline

Manage Self: Professional

Manager: Credit x 2

Job Purpose

The Credit Manager’s objective is to assess and evaluate the lending application for Commercial clients, to minimise impairments and maximise profit.

This role includes consistent application of the Nedbank’s credit policy, through a risk-based affordability assessment, periodic credit reviews of existing customers, and assessing the creditworthiness of potential customers within the agreed risk parameters as set out in the Nedbank Credit Strategy.

Job Responsibilities

Validate client and supporting information through analysing and reviewing credit applications by assessing contents of documents for the proposed funding package and the viability of funding being applied for.
Appropriate client solutioning in line with clients’ business model
Meeting client expectations by operating within the specified parameters, Service Level Agreements (SLA) and ensuring deliverables are timeously met whilst still ensuring that credit processes are adhered to including mandated official sign on all applications
Adapt to changes in Legislation by providing input to redesigning credit processes, systems, policies, and procedures where applicable, by recommending and making submissions to the relevant parties.
Support daily activities of larger team by monitoring the output, by performance and build the intellectual capital of the team.
Supporting the achievement of the business strategy, objectives, and values by reviewing Nedbank and Business Unit Plans and ensuring delivered systems, processes, services, and solutions are aligned.
Share knowledge and industry trends with team and stakeholders during formal and informal engagements.
Identify development areas and align to a personal career plan through input and feedback from leadership and ensure all personal career plan activities are completed within specified timeframe.
Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.

Required Skills

Credit Risk
Credit Review

Candidate Requirements

NQF Level 7 or Higher in a Financial or Banking related field essential
CIMA, Credit management degree or equivalent will be advantageous.
Valid driver's license and own reliable vehicle
Min 5 Years’ Credit Assessment / Credit Evaluation and decisioning experience within Banking environment
Min 3 Years' Business Banking experience in evaluating current and prospective clients financial Statements and credit reports to determine their ability to honour debt obligations.
Firm understanding of legalities associated with lending and collateral
1 – 2 Years’ experience in a Team Management / Supervisory would-be advantage
Proven track-record on managing a large book.
Must be prepared to travel

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About Nedbank Head Office

Money may be our backbone, but excellence is our culture. And diversity, our true driving force. We believe in creating a working environment that enables our people to help us bring our values to life. And to do so, we don’t just aim to acknowledge our differences but to celebrate them as the very mix we need to continue being the difference that enhances lives beyond banking. For this reason, our people are very important to us… Every single one of them in the financial, technological, legal, administrative, creative, hospitality or operational space. Each one of them, is our mirror. They are our reason to want to do better. And our reminder that we are in the service of others. Nedbank’s culture is embedded on values that promote accountability, a strong focus on meeting client needs, and on building a positive brand image.