Head: Credit Risk Reporting Implement Performance Agreements

Job Description

Nedbank RecruitingJob PurposeTo report to key internal and external stakeholders on aspects of the credit portfolio across business units and lending products on a group level to provide oversight; thereby contributing to optimising the credit portfolio quality; and enhancing productivity by providing insightful business reports in line with Nedbank’s strategic objectives.Job ResponsibilitiesMonitoring and Reporting:• Provide independent review and insight to internal and external stakeholders to inform prudent risk management.• Review reports prepared by the team to gain consensus and highlight pertinent credit risk issues.• Track credit performance against business plan objectives and recommend corrective action as required.• Optimise processes, procedures and systems through benchmarking to international best practices.• Demonstrate an understanding of key financial and business drivers per business unit.• Provide financial and management reports to relevant stakeholders.• Participate in risk committees and forums to identify new risks.• Monitor that the bank adheres to documented processes and credit policies.

Responsibilities + Skills

Review and monitor the teams work to ensure accuracy and quality of numbers and commentry. Monitor quality and achievements of standards by reconciliation, logic-checks and user-testing of outputs. Mentor and coach staff on identified performance gaps by discussing these performance gaps and agree on appropriate action to be taken.


Team management and co-ordination: Implement performance agreements, ensure a clear vision, agree on goals and objectives, provide regular feedback on performance, recognise and reward achievement and take appropriate corrective action where required.


Job Summary

  • Published on: Saturday, 8th February 2020
  • Designation: Head: Credit Risk Reporting
  • industry: Finance
  • Vacancy:
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary: on a call
  • Gender:
  • Application Deadline: Saturday, 8th February 2020

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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