Credit Risk Control Officer
Credit Risk Control Officer
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Job Classification
RequisitionMelissa Cloete
Business Unit - Nedbank Wealth Management SA
Location - Nedbank Clocktower Campus V&A Waterfront Cape Town
Closing Date - 26 June 2025
Employment Equity Status - Preference will be given to Applicants from Underrepresented Groups.
Job Family
Career Stream
Administration Transactional Processing and Production
Leadership Pipeline
Manage Self: Technical
FAIS Affected
Job Purpose
We are looking for aCredit Risk Officer toprovide client service by applying sound credit risk management principles in our early collections space through management of a dedicated portfolio/region thereby enabling Nedbank to reduce the Private Wealth impairment charge in line with the business strategy.
Key Deliverables
Daily contact with clients and bankers to remediate portfolio across all client portfolio of accounts.
Implementing the collections strategies by effectively communicating with clients/bankers and negotiate repayment plansacross all client portfolio of accountsand escalating to legal when necessary.
Job Responsibilities
- Manage default accounts timeously by obtaining acceptable repayment arrangements or handover portfolio to Legal collections.
- Ensure clean audit in area of responsibility by enforcing adherence to bank policies process and procedures and industry regulations.
- Implement sound credit risk management by providing advice on specialized credit risk matters to CRMs and Credit managers
- Ensure efficient work ethic and achievement of business unit strategies & goals by proposing innovative ideas to enhance Business processes that facilitate customer experience.
- Provide feedback daily/weekly/ monthly
- Build and maintain effective working relationships by attending regular staff meetings and team building sessions.
- Build strong relationships with CRMs and Credit managers by providing upskilling advice on credit processes policies and documentation.
- Sharing knowledge with all stakeholders.
Job Responsibilities Continue
- Manage own efficiency by drafting and implementing teams strategies.
- Enhance processes by constantly seeking innovative improvements to the credit systems.
- Adapt to changes in Legislation by enforcing the compliance to the changes.
- Address issues raised in culture surveys by participating in the development and implementation of action plans.
- Create a client service culture through various required interventions.
- Support and encourage staff to participate and support corporate responsibility initiative.
- Achieve operational excellence by supporting the implementation of business optimisation improvement through team engagement.
Essential Qualifications - NQF Level
- Matric / Grade 12 / National Senior Certificate
Preferred Qualification
Successfully completed NQF Level 6 orHigher in a Finance or Credit-related field
Minimum Experience Level
- Minimum 1 years experience in a Credit role in a Banking environment
- Minimum 2 years experience collecting Arrears or Excess accounts.
Technical / Professional Knowledge
- Administrative procedures and systems
- Banking procedures
- Business terms and definitions
- Business writing
- Cluster specific operations
- Data analysis
- Governance Risk and Controls
- Relevant regulatory knowledge
- Relevant software and systems knowledge
Behavioural Competencies
- Adaptability
- Communication
- Collaborating
- Customer Focus
- Decision Making
- Managing Work
Please contact the Nedbank Recruiting Team at
Required Experience:
Unclear Seniority
Employment Type
Full Time
