Financial Analyst: Retail Banking

Description

• Financial Analyst: Retail Banking (NB08) Reporting to Credit Manager: Retail Banking
• To assist the Credit Managers with managing excesses on current accounts and to prepare and assess credit applications within the Bank’s policies and procedures.

Duties

• Analysis of financial information in preparation of credit applications to make a recommendation based on the findings, within the credit parameters, to be presented to a higher mandate
• Review and confirm collateral position of the client in preparation of credit applications
• Adhere to agreed turnaround times of credit applications without compromising validity and quality of assessment by complying with policies, procedures, processes and standards
• Identification of problem exposures and classification in accordance with BON guidelines
• Providing correct and accurate reports to Credit Manager & Senior Management
• Ensuring that policies and procedures are adhered to
• Assisting Retail Sales to secure sound-based lending in line with the bank’s strategy
• Keeping abreast with changes in the micro and macro-economic, political, legislative and social environment in order to provide proper lending advice
• Interaction with Personal Bankers, Branch Managers and administrators to ensure timeous services delivery / turn-around times to colleagues and clients

Requisites

• Good understanding of basic credit requirements and client repayment ability assessment
• Demonstrate sound knowledge of financial information and the interpretation thereof
• Knowledge of Bank of Namibia and Reserve Bank policies and rules are an advantage
• Strong analytical and computer skills, good interpretative skills as well as excellent interpersonal and communication skills are required
• Strong report writing skills
• Must be able to meet stringent deadlines and perform under pressure
• Educational & Experience Requirements:
• Minimum: Grade 12 (25 points)
• A Business-/ Accounting-/ Economics Diploma/Degree or similar qualification will be an advantage
• 6 years banking experience of which 3 years must be in a credit-granting environment

Notes

• Only shortlisted applicants will be contacted
• Indicate the source of this job post: working.co.na
• Interested candidates should forward an updated Curriculum Vitae (CV), certified copies of qualifications and cover letter to
• Please note that only shortlisted candidates will be contacted. (Affirmative Action Candidates are encouraged to apply)

How to Apply

1. Documentation

• Cover Letter
• Curriculum Vitae
• Certified

2. Application

• Send your Documentation to Recruitment@Nedbank.com.na with the Subject line “Financial Analyst: Retail Banking”