Job Purpose

• The Credit Manager’s objective is to assess and evaluate the lending application for Commercial clients, to minimise impairments and maximise profit. 
• This role includes consistent application of the Nedbank’s credit policy, through a risk-based affordability assessment, periodic credit reviews of existing customers, and assessing the creditworthiness of potential customers within the agreed risk parameters as set out in the Nedbank Credit Strategy.

Job Responsibilities

• Validate client and supporting information through analysing and reviewing credit applications by assessing contents of documents for the proposed funding package and the viability of funding being applied for.
• Appropriate client solutioning in line with clients’ business model 
• Meeting client expectations by operating within the specified parameters, Service Level Agreements (SLA) and ensuring deliverables are timeously met whilst still ensuring that credit processes are adhered to including mandated official sign on all applications
• Adapt to changes in Legislation by providing input to redesigning credit processes, systems, policies, and procedures where applicable, by recommending and making submissions to the relevant parties.
• Support daily activities of larger team by monitoring the output, by performance and build the intellectual capital of the team.
• Supporting the achievement of the business strategy, objectives, and values by reviewing Nedbank and Business Unit Plans and ensuring delivered systems, processes, services, and solutions are aligned.
• Share knowledge and industry trends with team and stakeholders during formal and informal engagements.
• Identify development areas and align to a personal career plan through input and feedback from leadership and ensure all personal career plan activities are completed within specified timeframe.
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.

Requirements

• NQF Level 7 or Higher in a Financial or Banking related field essential 
• CIMA, Credit management degree or equivalent will be advantageous.
• Valid driver’s license and own reliable vehicle
• Min 5 Years’ Credit Assessment / Credit Evaluation and decisioning experience within Banking environment 
• Min 3 Years’ Business Banking experience in evaluating current and prospective clients financial Statements and credit reports to determine their ability to honour debt obligations. 
• Firm understanding of legalities associated with lending and collateral
• 1 – 2 Years’ experience in a Team Management / Supervisory would-be advantage
• Proven track-record on managing a large book.
• Must be prepared to travel