Req: 130594
TA Consultant: Lebohang Monate
Advert closing date: 07/12/2023
Location
Sandton
Career Stream
Strategic
Leadership Pipeline
Manage Others
Job Purpose
To execute the CDR strategy through collaboration with cross-functional teams to drive the implementation of Proof-of-Concept treatments through an iterative approach to optimise collections and recoveries, thus reducing risk and provisions .
Job Responsibilities
- Manage Proof of Concept treatments through an iterative approach cycle of ideation, incubation, and acceleration.
- Collaborate with cross functional teams to identify and improve areas in the lifecycle with bottlenecks, inhibitors and/or obstacles to change and succeed, improve accuracy, consistency, and scalability.
- Identify gaps by using various problem discovery methods gaps and recommend the appropriate solution for a seamless client experience.
- Analyse innovation solution capabilities in the market to identify opportunities to disrupt current business solutions and industry best-practice, develop new and enhance existing solutions to meet stakeholder expectations, maximise the return of investment and position the Business Unit as thought leaders.
- Support the establishment of business and technical relationships.
- Review, analyse and evaluate the success of Proof of Concept Treatments
- Review treatment design proposals to evaluate whether benefits will be achieved.
- Drive on-going value proposition delivery reporting, including CDR driven change initiatives, based on detailed understanding of the as-is value chain and desired gold standard, identify current short comings and actual root causes to be resolved.
- Provide CDR representation and Subject Matter Expertise (SME) input to Ops Risk and other Risk stakeholders.
- Drive internal engagement through SME's to prioritise improvements.
- Monitor CDR data quality and ongoing initiatives.
- Responsible for programme planning in the context of CDR value delivery.
- Review proposed changes with operational execution in context of CDR value and performance needs.
- Evaluate client and market changes and/or external forces.
- Ensure CDR Performance Evaluation
- Ensure alignment to governance and compliance requirements.
- Foster and enable innovation increasing the value add of the function through breakthrough services, products, or practices.
- Identify innovative trends that could enhance the value-add of the function.
- Monitor key expectations of stakeholders internal/external and build long -term relationships to ensure a strategic partnership.
- Drive identification and development of innovative solutions to enable efficient, effective, and proactive Credit Risk Management practices.
- Develop reports that will track the efficiency of the implemented solution to ensure the effectiveness of the process.
- Drive the ongoing review and update of Credit/Risk Policies, Guidelines, Procedures, Processes, etc in line with relevant legislations/regulations to achieve effective and efficient execution of tasks.
- Provide support to CDR through engagement, collaboration, and alignment with relevant stakeholders to support the achievement of Strategic objectives of the business area.
- Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
- Advanced Diplomas/National 1st Degrees
- Conducting root cause analysis
- Developing ways to minimize risks
- Drafting reports
- Brainstorming ways of improving a product or situation
- Communicating standards to others
- Writing business proposals
- Challenging the status quo with a view to improving the environment or internal stakeholders understanding
- Managing multiple projects
- Identifying trends
- Providing strategic advice related to your area of speciality.
- 3-6 years relevant management and industry experience
- Business administration and management
- Change management
- Client service management
- Consumer behaviour
- Diversity management
- Financial Accounting Principles
- Governance, Risk and Controls
- Operations planning
- Principles of project management
- Strategic planning
- Aligning Performance for Success
- Building Partnerships
- Decision Making
- Business Acumen
- Guiding Team Success
- Building partnerships
- Planning and Organizing