Vacancy

Team Leader: Loans Administration (CIB and BB)

Nedbank

Nedbank is recruiting a Team Leader: Loans Administration (CIB and BB), to be based in Windhoek, Namibia.
Description
  • To provide superior client service through regulated processes and procedures and to deliver team results through enabling others
  • To ensure that relevant process is administered, maintained and supported to meet the requirements of the department and business in line with the Nedbank strategy
Duties
  • Review and approve all application forms, supporting documentation together with collateral before approval of disbursement
  • Instruct the drafting of facility letters, loan agreements and the required collateral per loan application
  • Review, ensure completeness/correctness, and approve all completed collateral documentation
  • Overseeing the release of collateral against proper authorization
  • Daily/Weekly/Monthly reporting as requested by management
  • Authorize relevant transactions (including but not limited to loading of limits and interest rates; Client change profile, loans account opening,
  • changes in Flex, etc.)
  • Reject any application that does not pass Quality Assurance and follow-up for correctness thereof
  • Liaise with Credit Managers in regard to loan condition
  • Liaise with Relationship Managers regarding any issues and queries from the QA process
  • Identification of key risks and mitigating controls in the area of responsibility and ensure all risks are assessed on an ongoing basis
  • Liaise with guarantees department on the issuance of property guarantees relating to the registration of covering bonds
  • Closure of any accounts either paid-up or cancelled
  • Manage and administer guarantees
  • Ensure that all loan instructions are done promptly
  • Suspense account management
  • Operational Loss Reporting
  • Actively ensure improved processes are implemented according to policy, and SOP, in order to achieve clean audits
  • Prevention of financial losses through active management of the end-to-end loans processes
  • Timeously responding to queries
  • Effective management of team members, including performance and consequence management
  • Management of Auditors’ Bank Confirmations
Requisites
  • Essential Qualifications - NQF Level:
  • Matric / Grade 12 / National Senior Certificate
  • Educational Requirements:
  • 25 points (Matric)
  • Diploma/Degree in Business/Financial Management or related studies
  • Minimum Experience Level:
  • Minimum of five (5) years banking experience with administrative procedures
  • Flex Cube System experience
  • Governance, risk and controls knowledge
  • Valid Police Clearance
  • Technical / Professional Knowledge:
  • Business administration and management
  • Client Service Management
  • Diversity management
  • Communication Strategies
  • Financial Accounting Principles
  • Governance, Risk and Controls
  • Principles of project management
  • Operations planning
  • Service level agreements
  • Relevant regulatory knowledge
  • Behavioural Competencies:
  • Coaching
  • Customer Focus
  • Decision Making
  • Building Talent
  • Influencing
  • Planning and Organizing
Notes
  • Only shortlisted applicants will be contacted
This vacancy is no longer accepting applications

Details

  • Entity Nedbank
  • Location
  • Category
  • Tags
  • Published 04.07.2024
  • Expires 08.07.2024
  • Share Vacancy
  • Report an error

Frequently Asked Questions

How can I apply for vacancies through working.co.na?

Read Article
...