Nedbank Careers – Credit Risk Analyst

Website Nedbank

Job Description:

To reduce impairment charge and minimise credit risk for Nedbank Group by following credit collections process while considering client satisfaction and retention.

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Job Responsibilities:

  • Contribute to Business Unit cost saving strategy by adhering to the costs limit set by management.
  • Manage client expectations by operating within the specified parameters (outbound and inbound calls) and Service Level Agreements (SLA).
  • Build and maintain effective internal and external client relationships by advising on credit and application process and training product knowledge.
  • Provide feedback to clients by responding to requests and queries timeously.
  • Notify clients of dormant / excess or arrears accounts by preparing relevant correspondence.
  • Contribute to building of intellectual capital of the team by knowledge sharing with all stakeholders.
  • Inform client of the terms and conditions of facilities granted by preparing facility letter.
  • Suggest alternative funding solutions by making recommendations for alternate credit applications or products.
  • Mitigate credit risk by downloading and actioning daily excess reports and monthly risk management reports.
  • Ensure compliance to legislation by making recommendations based on the credit policy guidelines.
  • Validate client and supporting information / security by requesting updated information from internal and external parties.
  • Monitor Credit Management Information System (CMIS) by requesting updated information from external parties.
  • Analyse credit applications by assessing serviceability of the funding applied for and client behaviour on both internal and external records.
  • Ensure acceptable risk levels by analysing application as guided by the risk score card.
  • Eliminate impairments and credit loss ratio by assessing client behaviour on the account and taking the required actions.
  • Conduct risk assessment of client credit by adhering to the prescribed mandate and credit policy.
  • Evaluate affordability and credit risk by conducting a financial analysis (e.g. Excel, Moody’s ratings, BASEL Committee ratings).

Job Requirements:

  • Matric / Grade 12 / National Senior Certificate
  • Diploma: Banking and Business , Matric / Grade 12 / National Senior Certificate
  • 3 years in credit assessment of which 2 years in credit control / risk management environment
  • Working with a group to come up with alternative solutions to a problem
  • Checking accuracy of reports and records.
  • Sharing information in different ways to increase internal stakeholders understanding
  • Building and maintaining effective cross-functional relationships with internal and external stakeholders
  • Comparing two or more sets of information
  • Tracking cost against a budget
  • Working in a fast passed environment
  • Credit Collections
  • Working in a team
  • Credit applications / Annual reviews

Job Details:

Company: Nedbank

Vacancy Type:  Full Time

Job Location: Johannesburg

Application Deadline: N/A

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