Job Description

Job ResponsibilitiesLead and manage the CIB Africa risk portfolio.Provide credit input/views/guidance into client service team meetings and deal origination committees.Ensure credit’s voice in the room when client strategies and BU strategies are discussed to ensure there is a credit.Add value to Nedbank Group by optimising credit advice and solutions and identifying and reducing credit risk.Manage the CIB Africa 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.Manage stakeholder relationships acting as a business enabler while managing risks.Collaborate with the rest of CIB Risk and Group (SIRC, GEU, Nedbank Africa Regions, Africa Analysts) to gain a deep understanding of targeted jurisdictions.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.Job Responsibilities ContinuePromote 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, by collaborating with SIRC, conducting own research and benchmarking industry best practices.

Responsibilities + Skills

Education

Business administration and managementCapacity planningChange managementFinancial Accounting PrinciplesGovernance, Risk and ControlsPrinciples of project managementRelevant regulatory knowledge

Experience

Job Summary

  • Published on: Friday, 2nd August 2024
  • Designation: Credit Executive
  • industry: Finance
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: George
  • Salary: 0
  • Gender:
  • Application Deadline: Friday, 2nd August 2024
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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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