Monday , February 26 2024

Nedbank Vacancies 2023 – Credit Analyst

Website Nedbank

Job Description:

To assess credit risk of existing portfolio so that risk is managed and mitigated in line with the banks credit policy.

Job Responsibilities:

  • Build relationships with internal stakeholders by attending meetings and supporting their strategies.
  • Participate and support corporate social responsibility initiatives for the achievement of key business strategies.
  • Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed, experience practiced and certifications obtained and/or maintained within specified time frames.
  • Verify that security is in place by gathering all required information.
  • Sign off conditions of approval within required timeframes by checking the information called for.
  • Ensure information is provided correctly to stakeholders by maintaining knowledge sharing knowledge with team.
  • Review existing portfolio to ensure alignment with bank’s credit policy and to identify cross-sell opportunities by gathering and analysing relevant information.
  • Measure compliance, identify risk and make recommendations for achieving compliance by using current information and other resources available.
  • Contribute to external client satisfaction by sharing knowledge and developing skills of client service team members and other stakeholders.
  • Support the achievement of service level agreement standards by understanding client needs, providing guidance and recommendations and responding timeously.
  • Prepare credit applications and make recommendations based on the findings, within credit parameters.
  • Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc.)
  • Monitor covenant’s by obtaining latest financial information, measuring compliance and reporting breaches.
  • Ensure Nedbank Group Rating requirements are met, including Basel, and Moody’s, by reviewing accounts and identifying risks.
  • Achieve targets by using management information systems to measure performance.
  • Manage risk by monitoring reports, including excess report, within expected timeframes, identifying potential risks and taking corrective action to ensure risk compliance.

Job Requirements:

  • Business Banking experience / exposure is an advantage
  • Building and maintaining effective cross-functional relationships with internal and external stakeholders
  • Data analysis
  • NQF Level 5 or 6 qualification (Degree or diploma) that includes accounting.
  • Administrative procedures and systems
  • Working with a group or independently to identify alternative solutions to a problem
  • Governance, Risk and Controls
  • Sharing information in different ways to increase others’ understanding
  • Managing conflict situations
  • Matric / Grade 12 / National Senior Certificate
  • Relevant regulatory knowledge
  • Minimum 3 years experience gained in a similar role in a financial environment.
  • Banking procedures
  • Managing customer expectations
  • Comparing two or more sets of information

Job Details:

Company: Nedbank

Vacancy Type: Full Time

Job Location: Port Shepstone, KwaZulu-Natal, SA

Application Deadline: N/A

Apply Here