Manager: Credit Administration

Requisition number: 134649

Location: Namibia- Windhoek

Closing date: 8 July 2024

Job Family

Administration, Operations and Facilities

Career Stream

Operations

Leadership Pipeline

Manage Others

Job Purpose

To ensure compliance to Nedbank’s policies and procedures by facilitating acceptable credit risk decision making in order to fulfil management’s regulatory and compliance reporting.

Job Responsibilities

• Managing Credit Administration team

• Manage Quality Check process of all Facility Letters; Collateral/Security Documentation to ensure correct completion of Collateral Documentation and ensuring that all Facility Letters/Agreements include all necessary terms and conditions stipulated in terms of the respective Credit Approval, and that all documentation are legally in good order.

• Manage Collateral administration of all loans.

• Manage administration of loan re-advances and cancellations.

• Dealing with all stakeholders, attorneys, estate agents, developers.

• Manage the maintenance around loans/collateral/guarantees.

• Manage and administer loan guarantees.

• Ensure compliance for the department by monitoring adherence to service level agreements (SLA), policies and procedures.

• Minimize financial risk by ensuring accuracy of processed activities.

• Reduce revenue leakage by optimizing revenue collection processes.

• Provide risk advice to assist and enable business to achieve its risk objectives by developing; managing and executing policies; procedures; practices of a risk nature.

• Ensure the requirements of risk; governance and compliance are addressed by embedding a risk culture within Nedbank.

Job Responsibilities Continue

• Make decisions by applying credit management principles and considering merits on individual basis

• Make accurate, effective and consistent decisions by complying to service level agreements.

• Ensure that all loan instructions are carried out promptly.

• Report on the risk management process by generating and presenting risk reports.

• Meet internal stakeholder requirements by providing governance, policy, and advisory services.

• Provide strategic recommendations that are well supported through insights to relevant decision-making body to improve risk management processes and practices.

• Stay abreast in field of expertise and deliver on the expectations from stakeholders by building capability of self and staff through identifying current and future training and development needs.

• Manage performance of staff by implementing performance agreements, ensuring a clear vision, agreeing on goals and objectives, providing regular feedback on performance, recognizing and rewarding achievement and take appropriate corrective action where required.

• Provide advice by responding to ad hoc risk requests and queries.

Key Competencies

• Excellent knowledge of the bank’s products and systems

• Good knowledge of MS Word and Excel.

• Good administration & problem-solving skills.

• Coaching

• Ability to work accurately and under pressure.

• Must be organized, disciplined and highly professional.

• Customer service driven.

Essential Qualifications - NQF Level