Manager: Credit Administration

Description

• To ensure compliance to Nedbank’s policies and procedures by facilitating acceptable credit risk decision making in order to fulfil management’s regulatory and compliance reporting

Duties

• Managing Credit Administration team
• Manage Quality Check process of all Facility Letters; Collateral/Security Documentation to ensure correct completion of Collateral Documentation and ensuring that all Facility Letters/Agreements include all necessary terms and conditions stipulated in terms of the respective Credit Approval, and that all documentation are legally in good order
• Manage Collateral administration of all loans
• Manage administration of loan re-advances and cancellations
• Dealing with all stakeholders, attorneys, estate agents, developers
• Manage the maintenance around loans/collateral/guarantees
• Manage and administer loan guarantees
• Ensure compliance for the department by monitoring adherence to service level agreements (SLA), policies and procedures
• Minimize financial risk by ensuring accuracy of processed activities
• Reduce revenue leakage by optimizing revenue collection processes
• Provide risk advice to assist and enable business to achieve its risk objectives by developing; managing and executing policies; procedures; practices of a risk nature
• Ensure the requirements of risk; governance and compliance are addressed by embedding a risk culture within Nedbank
• Make decisions by applying credit management principles and considering merits on individual basis
• Make accurate, effective and consistent decisions by complying to service level agreements
• Ensure that all loan instructions are carried out promptly
• Report on the risk management process by generating and presenting risk reports
• Meet internal stakeholder requirements by providing governance, policy, and advisory services
• Provide strategic recommendations that are well supported through insights to relevant decision-making body to improve risk management processes and practices
• Stay abreast in field of expertise and deliver on the expectations from stakeholders by building capability of self and staff through identifying current and future training and development needs
• Manage performance of staff by implementing performance agreements, ensuring a clear vision, agreeing on goals and objectives, providing regular feedback on performance, recognizing and rewarding achievement and take appropriate corrective action where required
• Provide advice by responding to ad hoc risk requests and queries

Requisites

• Essential Qualifications - NQF Level:
• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees
• Educational Requirements:
• Diploma/Degree in Business Administration, Legal or related studies
• Minimum Experience Level:
• Three (3) years Management experience
• Six (6) years banking experience
• Flexcube knowledge would be an added advantage
• Governance, risk, and controls knowledge
• Valid Police Clearance
• Technical / Professional Knowledge:
• Strategic planning
• Budgeting
• Financial Accounting Principles
• Performance management
• Business administration and management
• Business principles
• Business terms and definitions
• Communication Strategies
• Staff resource planning
• Operations planning
• Employee training/development
• Diversity management
• Relevant Nedbank product knowledge
• Relevant regulatory knowledge
• Governance, Risk and Controls
• Change management
• Principles of project management
• Business writing skills
• Management information and reporting principles, tools and mechanisms
• Service level agreements
• Consumer behaviour
• Client Service Management
• Client service principles
• Organisational systems
• Behavioural Competencies:
• Building Partnerships
• Planning and Organizing
• Building Talent
• Delegation and Empowerment
• Coaching
• Leading Change
• Key Competencies:
• Excellent knowledge of the bank’s products and systems
• Good knowledge of MS Word and Excel
• Good administration & problem-solving skills
• Coaching
• Ability to work accurately and under pressure
• Must be organized, disciplined and highly professional
• Customer service driven

Notes

• Only shortlisted applicants will be contacted