Job Description

Manage Self: Professional
Job Purpose
To assess credit risk of existing portfolio so that risk is managed and mitigated in line with the banks credit policy.
Job Responsibilities
Review existing portfolio to ensure alignment with bank's credit policy and to identify cross-sell opportunities by gathering and analysing relevant information.
Prepare credit applications and make recommendations based on the findings, within credit parameters.
Achieve targets by using management information systems to measure performance.
Support the achievement of service level agreement standards by understanding client needs, providing guidance and recommendations and responding timeously.
Contribute to external client satisfaction by sharing knowledge and developing skills of client service team members and other stakeholders.
Build relationships with internal stakeholders by attending meetings and supporting their strategies.
Manage risk by monitoring reports, including excess report, within expected timeframes, identifying potential risks and taking corrective action to ensure risk compliance.
Measure compliance, identify risk and make recommendations for achieving compliance by using current information and other resources available.
Monitor covenant's by obtaining latest financial information, measuring compliance and reporting breaches.
Sign off conditions of approval within required timeframes by checking the information called for.
Verify that security is in place by gathering all required information.
Ensure Nedbank Group Rating requirements are met, including Basel, and Moody's, by reviewing accounts and identifying risks.
Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters, websites and attending sessions.
Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.
Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.
Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed, experience practiced and certifications obtained and/or maintained within specified time frames.
Ensure information is provided correctly to stakeholders by maintaining knowledge sharing knowledge with team.
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 social responsibility initiatives for the achievement of key business strategies.

Responsibilities + Skills

Technical / Professional KnowledgeAdministrative procedures and systemsBanking proceduresData analysisGovernance, Risk and ControlsRelevant regulatory knowledge

Education

NQF Level 5 or 6 qualification (Degree or diploma) that includes accounting.

Experience

Business writing skillsIndustry specific knowledgeKnowledge of financial marketsNedbank vision and strategyRelevant Nedbank Human Resources policies and practicesBehavioural Competencies

Job Summary

  • Published on: Wednesday, 4th December 2019
  • Designation: Credit Analyst
  • industry: Finance
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary: not
  • Gender:
  • Application Deadline: Wednesday, 4th December 2019

About the Company

  • Company Name: Nedbank Recruiting.
  • Address:
  • Website: https://www.nedbank.co.za/
  • Company Profile:
  • Staying abreast of the various IFRS 9 modelling methodologies across retail and wholesale productsContributing to development aspects of the loss forecasting and stress testing framework and keeping the framework up to date as the methodology evolvesConducting ad hoc analysis on IFRS 9 PD, EAD, LGD and Survival models, as well as overall impairment calculations, for retail as well wholesale-type portfoliosConducting independent credit risk stress testing related research and using it as input into proposals and strategiesEngaging with various stakeholders across the organisation (including risk and finance) to discuss methodological aspects, business assumptions and results from the loss forecasting work stream

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