Team Leader: Loans Administration (CIB and BB)

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