To identify and manage the bank's arrear, defaulted, loss control, high risk, and potential high risk portfolio of accounts in region to minimise the bank's loss.
Job ResponsibilitiesDaily management of arrear accounts.Effective management of defaulted and loss control accounts by monitoring legal processes the loss control managers and external attorneys work on.Oversee MIS for Regional Loss Control meetings and Watchlist meetings.Chair monthly Regional Loss Control Meeting.Ensure adequacy of impairments on the risk book by monitoring and assessing IFRS9 parameters and security valuations.Ensure correct risk bucketing of clients in various risk categories by routinely monitoring the total advances book with regards to certain factors that serve as early warning signals and that are reported on exception reports.Build and maintain business relationships that ensure effective risk management by collaborating and networking between various bank stakeholders in order to streamline and enhance the credit risk processes.Ensure adequacy of internal processes in order to reduce or eliminate financial risk or loss through ongoing refinement, adherence and enhancement of the bank's processes and procedures.Ensure compliance and reduced credit and reputational risk by implementing relevant legislation within the credit risk environment.Ensure dissemination of knowledge pertaining to the bank's processes and procedures to relevant staff members through ongoing training and awareness sessions.Optimise efficiency and embed correct values by ensuring direct reports understand and support Nedbank's vision, values and strategy and are measured on delivery against these.Manage performance of reports with performance agreements, ensuring a clear vision, agreeing on goals and objectives, providing regular feedback on performance, recognising and rewarding achievement and take appropriate corrective action where required.Identify relevant development needs by assessing own performance and behaviour through formal and informal feedback.Build depth of skills and knowledge in the team of managers by sharing knowledge and insight with team members, ensuring mentoring, coaching and day to day activities.Deliver a world class service through others by ensuring a client centric culture through required interventions.Identify areas of resource inefficiencies (including staffing compliment) and promote optimisation through promoting multi-skilling and addressing capacity gaps by reviewing and improving work processes.Preferred QualificationDegreed BCom Law.Minimum Experience Level5 - 8 years credit or credit risk management experience in banking environment.3 years in Collections/Loss Control role.Technical / Professional KnowledgeBusiness administration and management.Change management.Communication strategies.Governance, risk and controls.Organisational behaviour theory.Principles of project management.Strategic planning.Talent management.Management information and reporting principles, tools and mechanisms.Aligning performance for success.Earning trust.Decision making.Inspiring others.Business acumen.Building partnerships.
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