Credit Analyst – Nedbank 225 views0 applications

Credit Analyst – Nedbank

Location: Midrand, Gauteng What's the Difference Between a Credit Analyst and a Financi

Closing date: 20 October 2020

Job Purpose
To assess credit risk of existing portfolio so that risk is managed and mitigated in line with the banks credit policy.
Job Responsibilities
  • Review existing portfolio to ensure alignment with bank’s credit policy and to identify cross-sell opportunities by gathering and analysing relevant information.
  • Prepare credit applications and make recommendations based on the findings, within credit parameters.
  • Achieve targets by using management information systems to measure performance.
  • Support the achievement of service level agreement standards by understanding client needs,  providing guidance and recommendations and responding timeously.
  • Contribute to external client satisfaction by sharing knowledge and developing skills of client service team members and other stakeholders.
  • Build relationships with internal stakeholders by attending meetings and supporting their strategies.
  • Manage risk by monitoring reports, including excess report, within expected timeframes, identifying potential risks and taking corrective action to ensure risk compliance.
  • Measure compliance, identify risk and make recommendations for achieving compliance by using current information and other resources available.
  • Monitor covenant’s by obtaining latest financial information, measuring compliance and reporting breaches.
  • Sign off conditions of approval within required timeframes by checking the information called for.
  • Verify that security is in place by gathering all required information.
  • Ensure Nedbank Group Rating requirements are met, including Basel, and Moody’s, by reviewing accounts and identifying risks.
  • Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters, websites and attending sessions.
  • Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.
  • Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.
  • 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.
  • Ensure information is provided correctly to stakeholders by maintaining knowledge  sharing knowledge with team.
  • Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc.)
  • Participate and support corporate social responsibility initiatives for the achievement of key business strategies.
  • Identify and recommend opportunities to enhance processes, systems and policies and support implementation of new processes, policies and systems.
Essential Qualifications – NQF Level
  • Matric / Grade 12 / National Senior Certificate
  • Advanced Diplomas/National 1st Degrees
Minimum Experience Level
  • Minimum 3 years experience gained in a Credit or Credit Risk role in a financial environment.
Type of Exposure
  • Working with a group or independently to identify alternative solutions to a problem
  • Managing conflict situations
  • Building and maintaining effective cross-functional relationships with internal and external stakeholders
  • Sharing information in different ways to increase others’ understanding
  • Managing customer expectations
  • Comparing two or more sets of information
  • Working in a fast-paced and changing environment
  • Tracking actuals against targets
  • Working in a team
  • Working with spread sheets
Technical / Professional Knowledge
  • Administrative procedures and systems
  • Banking procedures
  • Data analysis
  • Governance, Risk and Controls
  • Relevant regulatory knowledge
  • Business writing skills
  • Industry specific knowledge
  • Knowledge of financial markets
  • Nedbank vision and strategy
  • Relevant Nedbank Human Resources policies and practices
Behavioural Competencies
  • Adaptability
  • Communication
  • Continuous Learning
  • Collaborating
  • Decision Making
  • Stress Tolerance
  • Driving for results
  • Managing Work

How to apply

Click here to apply

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