Credit Manager: SME

Description

• To recommend and or grant credit in order to place quality assets on to the book and continued risk management across Nedbank

Duties

• Day-to-day management and monitoring of various SME credit portfolios
• Ensure compliance with credit administration functions in line with the Standard Operating Procedure and Credit Policy of the Bank
• Understanding of the Sales environment and customer segment to provide support in terms of the Business Unit strategy
• Validate and assess client information presented in Credit applications to determine serviceability of facilities applied for
• Ensuring that policies and standard operating procedures are adhered to
• Analyzing of the loan applications and make sound credit decision within mandate and adding sound motivation for presentation to higher mandated level in need
• Recommend funding solutions based on the credit policies and guidelines in conjunction with relevant Nedbank strategy and the analysis based on the information provided
• Identify problem exposures and classification in accordance with the Bank of Namibia’s guidelines
• Build and maintain effective working relationships by providing a range of specialized credit risk management advisory services
• Providing correct reports and statistics/data to senior management
• Providing input for formulation of policies and procedures within the framework of sound credit management
• Keeping abreast with changes in the micro and macro-economic, political, legislative, and social environment in order to provide proper lending advice

Requisites

• Essential Qualifications - NQF Level:
• Advanced Diplomas/National 1st Degrees
• Preferred Qualification:
• An applicable Business, Accounting or Economics Degree
• Minimum Experience Level:
• The applicant must have at least 5 years credit experience in a banking environment of which 3 years must be with a lending mandate
• Understanding of retail and SME banking together with experience in lending into this segment
• The applicant must demonstrate knowledge of standard credit principles, financial statements, and the interpretation thereof
• Knowledge of accounting standards and Basel II requirements
• The applicant must be knowledgeable and experience in the provisions of the Reserve Bank policies and Rules
• The applicant must have strong knowledge of legal matters and practices within the context of the Namibian environment
• Technical / Professional Knowledge:
• Banking knowledge
• Banking procedures
• Business Acumen
• Communication Strategies
• Data analysis
• Governance, Risk and Controls
• Industry trends
• Nedbank policies and procedures
• Principles of financial management
• Principles of project management
• Behavioural Competencies:
• Communication
• Customer Focus
• Decision Making
• Work Standards
• Managing Work
• Technical/Professional Knowledge and Skills

Notes

• Only shortlisted applicants will be contacted