Portfolio Management

Job Description

Job PurposeIn line with the business strategy, apply sound credit risk management principles through management of portfolio thereby enabling Nedbank to reduce the RRB impairment charge with the view to rehabilitate; in line with the business strategy.Job ResponsibilitiesTo complete and approve or decline annual review of group / overdraft facilities as per RRB risk scorecard, credit & risk policy and process, Credit Mandate and Basel requirements;Build strong relationships with bankers by providing upskilling advice on credit processes, policies and documentation.To provide approval or decline of overseas forex transactions as per credit & risk policy and process;To provide approval of incoming accounts to RRB through the ERM Nedbank systemEnsure efficient work ethic and achievement of Business Unit strategies and goals.Provide feedback monthly.Manage default accounts timeously.Enhance policies, processes and procedures.Adapt to changes in legislation.Ensure clean audit in area of responsibility.Implement sound credit risk management.

Responsibilities + Skills

Education

BCom, BTech or Diploma in Credit or Higher Diploma in Credit/Risk Management/Finance or Banking Degree

Experience

Minimum Experience Level5 years in Banking within Credit environmentType of Exposure

Job Summary

  • Published on: Wednesday, 10th June 2020
  • Designation: Risk Analyst: Portfolio Management
  • industry: Finance
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Durban
  • Salary: 0
  • Gender:
  • Application Deadline: Wednesday, 10th June 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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