Credit Manager (Private Wealth)

Description

• Credit Manager (Private Wealth) - (NB09) Reporting to - Senior Manager Credit
• To recommend and/or grant credit in order to place quality assets on to the book and continued risk management across Nedbank

Duties

• Day-to-day management and monitoring of credit portfolios and credit administration functions in line with the Standard Operating Procedure and Credit Policy of the Bank
• Understanding of the Sales environment and customer segment in order to provide support in terms of the Business Unit strategy
• Validate and assess client information to determine serviceability of facilities applied for
• Make sound credit decision within mandate
• Preparation and analyzing of the loan applications for presentation to mandated level
• Recommend funding solutions based on the credit policies and guidelines in conjunction with relevant Nedbank strategy and the analysis based on the information provided
• Identify problem exposures and classification in accordance with the Bank of Namibia’s guidelines
• Build and maintain effective working relationships by providing a range of specialized credit risk management advisory services
• Providing correct reports to management, the Board, shareholders, and the Reserve Bank
• Ensuring that policies and standard operating procedures are adhered to Providing input for formulation of policies and procedures within the framework of sound credit management
• Keeping abreast with changes in the micro and macro-economic, political, legislative and social environment in order to provide proper lending advice

Requisites

• Grade 12 (25 points)
• The applicant must be in possession of an applicable Business, Accounting or Economics degree or similar qualification; CA or CFA would be an added advantage
• The applicant must have at least six (6) years credit experience with a lending mandate for at least 2 years with a wide spectrum of lending products and structuring of facilities
• The applicant must demonstrate knowledge of standard credit principles, financial statements, and the interpretation thereof
• Knowledge of accounting standards and Basel II requirements
• The applicant must be knowledgeable and experience in the provisions of the Reserve Bank policies and Rules
• The applicant must have strong knowledge of legal matters and practices within the context of the Namibian environment
• Competencies:
• Ability to work independently and with a group
• Customer Focus
• Strong analytical skills
• Attention to detail and accuracy
• Good interpretative skills
• Excellent interpersonal skills
• Good communication skills
• Managing conflict

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)

1. Documentation

• Cover Letter
• Curriculum Vitae
• Certified

2. Application

• Send your Documentation to Recruitment@Nedbank.com.na with the Subject line “Credit Manager (Private Wealth)”