Head P&W Credit

Requisition Details & Talent Acquisition Contact

Requisition nr: 144064
Talent Acquisition Specialist: Tshego Semenya
Location: 135 Rivonia Road Sandown
Closing date: 8 March 2026

Cluster

Personal and Private Banking

Career Stream

Leadership Pipeline

Position

Head: Private & Wealth Credit Assessment

Why join the team!

This role offers a rare opportunity to shape and build a newly consolidated Private & Wealth credit assessment function. The successful candidate will set the cultural tone establish consistent ways of working and lead a unified structure across previously independent teams. With broad oversight of highvalue complex portfoliosincluding Private Banking Private Wealth juristic entities trusts and relationshipmanaged groupsthe role requires deep credit risk expertise strong governance and regulatory understanding and the ability to make sound highimpact decisions. Operating as the single strategic point of accountability the Head engages directly with senior executives and governance forums while driving innovation digital enablement and datadriven assessment improvements. National travel may be required to connect with stakeholders and teams across regions.

The position also provides a powerful platform to lead an experienced team of credit specialists through strategic rather than operational leadership. Success requires high EQ strong communication and conflictresolution skills and the ability to unify senior professionals across diverse locations. As teams consolidate the Head will shape culture strengthen collaboration and embed shared standards. The role is central to improving turnaround times enhancing client experience and strengthening competitive positioning ultimately influencing Nedbanks growth and portfolio resilience. For the right leader this is a legacybuilding opportunity to drive meaningful change and elevate the future of credit in a critical segment.

Job Purpose

To ensure the sustainability responsiveness and prudent growth of Nedbanks Private Wealth and future Small Business portfolios by providing strategic leadership and expert oversight of credit acquisition and assessment functions. This role ensures robust credit decisioning client centric turnaround times and consistent application of policy and risk appetite across complex individual juristic and relationship managed credit requests.

Job Responsibilities

Strategic Leadership & Portfolio Oversight

• Translate PPB and Group strategies into a segmentspecific credit assessment strategy for Private Wealth and Small Business clients.
• Provide authoritative oversight of highcomplexity credit assessments including juristic entities trusts structured lending and multientity client groups.
• Embed and monitor adherence to credit risk appetite covenants and governance frameworks.

Manage Financial & Business Outcomes

• Drive portfolio sustainability by ensuring balanced wellconsidered credit decisions aligned with segment profitability and risk dynamics.
• Analyse performance metrics turnaround times decline/approval trends and exceptions to identify improvement opportunities.
• Ensure quality management of judgments reviews and escalations for complex credit structures

ClientCentric Delivery & Stakeholder Engagement

• Partner with Relationship Banking Private Wealth Business Banking and Product teams to deliver a competitive and differentiated client experience.
• Engage proactively with internal and external stakeholders to resolve complex credit queries negotiate structures and enhance client satisfaction.
• Represent the assessment function in governance committees (BUCC CCC etc.).

People Leadership & Culture Building

• Lead and inspire a highperforming team across regions fostering a culture of accountability collaboration and continuous improvement.
• Develop leadership strength within manager and assessor layers through coaching succession planning and skills development.
• Drive a culture aligned to Nedbank values leadership expectations and transformation objectives.

Operational Excellence & Process Improvement

• Standardise decision-making documentation quality and assessment practices across Private Wealth and Small Business assessment teams.
• Identify process inefficiencies and drive improvements to reduce turnaround time and uplift client experience.
• Collaborate with Policy Analytics and Governance teams to recommend enhancements to credit policies and frameworks.

Risk Governance & Compliance

• Ensure compliance with credit policy regulatory frameworks and internal governance requirements.
• Sign off on complex transactions deviations and exceptions within delegated authority.
• Champion continuous uplift of assessment standards including MI reporting quality assurance outcomes and audit readiness.

Essential Qualifications - NQF Level

Preferred Qualification

• Bachelor of Commerce: Honours (Risk Finance or related fields)
• Postgraduate qualification (Honours Postgraduate Diploma MBA CA(SA) or equivalent).

Minimum Experience Level

• Minimum of 10 years senior leadership experience in Credit Risk with a proven track record of managing complex highvalue credit portfolios.
• Extensive proven exposure to:
  • Complex credit assessment and structured lending.
  • Assessment of juristic entities trusts and multi-entity client groups.
  • Highvalue Private and Wealth credit portfolios.
  • Proven ability to lead multidisciplinary and geographically dispersed teams at a senior strategic level.
• Experience applying higherlevel mandates overrides and decisions for complex transactions.
• Strong financial acumen including the ability to interpret and analyse complex financial statements.
• Exposure to the full credit lifecycle including credit risk monitoring and portfolio appetite management (preferred).

Technical / Professional Knowledge

• Credit Risk Management (advanced)
• Complex juristic entity assessment
• Strategic planning & execution
• Governance risk & compliance
• Client service & stakeholder management
• Performance management & talent development
• Datadriven decision-making & MI interpretation
• Change leadership

Disclaimer

Preference will be given to candidates from the underrepresented groups

Please contact the Nedbank Recruiting Team at