Job Requisition
REQ 123345
Job Location
Johannesburg
Career Stream
Legal
Leadership Pipeline
Manage Self: Professional
Job Purpose
To manage the Credit Collections Team. This team’s core deliverables are to manage pre-legal arrears accounts, excesses, and monitoring client conduct. The desired outcome is to mitigate the impact of high-risk clients to support the business in achieving the division’s targets.
Job Responsibilities
Managing the quality standards and turn-around times of the team of Credit Risk Officers for achievement of division’s targets.
Manage and planning work-flow for the Credit Risk Officers’ output.
Reviewing weekly/monthly/quarterly reports on all aspects relating to credit risk (including impairments), and providing feedback to stakeholders.
Keeping records and statistics on arrears and distressed clients.
Identifying arrears and distressed clients where a restructure will be mutually beneficial; and assisting Bankers and Lenders in the Credit process for Distressed Restructures.
Review, managing and updated credit risk processes and procedures.
Manage performance of direct reports by implementing Goal Commitment Contracts, providing regular feedback to direct reports, managing off-standard performance and recognising out-performance.
Ensure debt Covenant monitoring is completed on loans where covenants are contracted
Essential Qualifications - NQF Level
Advanced Diplomas/National 1st Degrees
Preferred Qualification
Bachelor of Arts: Law , Advanced Diplomas/National 1st Degrees
Minimum Experience Level
5 years role-relevant experience
Management experience will be advantageous
Technical / Professional Knowledge
Business principles
Business writing
Governance, Risk and Controls
Nedbank culture and values
Nedbank policies and procedures
Nedbank vision and strategy
Relevant regulatory knowledge
Relevant software and systems knowledge
Stakeholder management
Management information and reporting principles, tools and mechanisms
Additional Technical / Professional Knowledge
Financial Accounting principles
Regulatory: National Credit Act, Companies Act, Trust Property Control Act, Insolvency Act
Deeds Office processes: mortgage bond registration and cancellation, and registration of transfer and Bank Guarantees
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Please contact the Nedbank Recruiting Team at +27 860 555 566