REQ 135478 - Twanette Coetser
Closing Date - 30 August 2024
Cluster and Location
Total Business Banking and Retail - Credit Value Management
Johannesburg, Gauteng
Career Stream
Credit Management
Leadership Pipeline
Manage Self: Professional
FAIS Affected
Credit Analyst - Mid Corp
Job Purpose
We are looking for an experienced Credit Analyst to join our team. In this role you will be required to assess credit risk and conduct the administration of an existing portfolio of clients, as well as assist in the analysis of new to bank clients, ensuring that risk is managed and mitigated in line with the banks credit policy.
We look forward to reviewing your application.
Job Responsibilities
- Assess the credit risk of customers by analysing their financial performance and account conduct. Based on this analysis, provide recommendations on credit requests to mandate holders.
- Assist the Business Manager to put the credit application together for consideration by the mandate holder.
- Use financial ratios and industry benchmarks to evaluate a borrowers cash flow and ability to repay loans.
- Recommend credit limits for new customers based on the companys lending policies.
- Achieving Targets and Service Level Agreements:
- Utilize management information systems to measure performance and achieve targets.
- Understand client needs and provide timely guidance and recommendations to support service level agreement standards.
- Share knowledge with client service team members and other stakeholders.
- Develop skills within the team to improve external client satisfaction.
- Building Internal Relationships:
- Attend meetings and collaborate with internal stakeholders to support their strategies.
- Monitor reports, including excess reports, within expected timeframes.
- Identify potential risks and take corrective action to ensure risk compliance.
- Measure compliance and identify risks.
- Make recommendations for achieving compliance using current information and available resources.
- Monitor covenants by obtaining the latest financial information and reporting any breaches.
- Sign off on conditions of approval within required timeframes by verifying the necessary information.
- Gather all required information to verify that security measures are in place.
- Keep abreast of legislation and industry changes that impact your role by reading relevant newsletters, websites, and attending sessions.
- Embracing Company Vision and Values:
- Understand and embrace the Nedbank vision.
- Demonstrate the companys values through interactions with your team and stakeholders.
- Personal Development:
- Continuously improve your expertise by identifying relevant training courses and career progression opportunities based on feedback from managers.
- Min 3 Years' Credit Analysis experience in assessing creditworthiness of current and prospective clients.
- Min 3 Years' Business Banking experience in evaluating current and prospective clients financial Statements and credit reports to determine their ability to honor debt obligations.
- NQF Level 6 or Higher in a Financial Management, Accounting or Analysis-related field
- 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
- Adaptability
- Communication
- Continuous Learning
- Collaborating
- Decision Making
- Stress Tolerance
- Driving for results
- Managing Work
