Job Description

Credit Risk Portfolio Management Job PurposeTo provide client service by applying sound credit risk management principles with approved credit mandates through management of a designated portfolio of clients across multiple products enabling Nedbank to reduce the cluster impairment charge with the view to rehabilitate the client, in line with the business or individual turnaround strategy.Key DeliverablesCredit and Credit Risk assessment and collections of arrears/excesses of all products namely Current Accounts, Savings Accounts, Home Loan accounts, Commercial & Industrial Property, Personal Loan accounts, Term loans and Asset Based Finance {motor vehicles/yellow} goods.Job ResponsibilitiesApprove annual review of facilities by making decisions based on the credit risk policy guideline and credit norms in conjunction with relevant Nedbank strategy and the analysis based on the information provided.Analyse/Assess individual and juristic financial statements.Develop client exit or rehabilitation strategies by conducting inter-alia review of client facilities.Ensure policies and processes are followed within mandated signatories including checking and confirming the sign-off.Ensure policies and procedures are followed by reviewing recommended submissions from other parties.Manage default accounts timeously by obtaining acceptable repayment arrangements or handover portfolio to legal collections.Approve funding by making decisions based on the credit risk policy guideline and credit norms in conjunction with relevant Nedbank strategy and the analysis based on the information provided.Give an overview of the book by developing and preparing portfolio review presentations based on Management Information Systems (MIS).Adapt to changes in Legislation by enforcing the compliance to the changes.Ensure clean audit in area of responsibility by enforcing adherence to bank policies, process and procedures and industry regulations.