Credit Manager

Job Purpose

To recommend credit to place quality Power, Renewable and Oil assets on to the book and continued risk management across Nedbank.

Job Responsibilities

The responsibilities listed below are key to the role and by no means limited to the below:

• Validate client and supporting information by assessing the contents of the documents.


• Proactive Portfolio Management ensuring client ratings are updated in a timely manner.


• Ensuring the portfolio dashboard is dynamically managed to always ensure correctness.


• Oversee capturing of financial statements and ratings models. Scrutiny of the outputs to ensure correctness.


• Analyse credit applications by assessing serviceability of the funding applied for.


• Ensure Credit Applications are aligned to Nedbank’s Credit Policy and supported to the correct Mandated Authority.


• Approve funding by making decision based on the credit policy guideline in conjunction with relevant Nedbank strategy and the analysis based on the information provided.


• Manage daily excesses in a timely manner and ensure the correct mandated approval received.


• Presentation of Credit Application to the respective Mandated Committees.


• Undertake Ad-Hoc projects when needed (example climate risk reporting).


• Mentoring new joiners and learners rotating through the team.


• Ability to manage stress and timelines.


• Actively manage self-development by identifying training courses, on-the-job training and manage career progression with the aid of input and feedback from management.


• Build and maintain effective working relationships with both internal and external stakeholders by providing a range of specialized credit risk management advisory services.


• Together with the Business counterparts manage client expectations by operating within the specified parameters and Service Level Agreements (SLA).


• Enhance processes, policies and procedures by recommending and making submissions to the relevant parties.


• Adapt to changes in Legislation by providing input to redesigning credit processes and systems where applicable.


• Ensure processes are actioned within mandated signatories by checking and confirming the sign off.


• Manage daily activities of direct reports by monitoring the staff output.


• Manage performance and build the intellectual capital of the team by conducting on the job training, counselling and coaching.


• Keeping abreast of developments within the sector (Power and Renewables) and the clients within the portfolio.


• Support the achievement of the business strategy, objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems, process, services and solutions are aligned.


• Identify training courses and career progression for self through input and feedback from management.


• Ensure all personal development plan activities, including mandatory training and courses are completed within specified timeframe.


• Share knowledge and industry trends with team and stakeholders during formal and informal interaction.


• Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.


• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).


• Participate and support corporate responsibility initiatives for the achievement of business strategy.


• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.

Essential Qualifications - NQF Level

Preferred Qualification

• Relevant post graduate qualification.

Essential Certifications

• Chartered Accountant, Masters in Business Administration, CFA, CIMA

Minimum Experience Level

• 2-3 years practical Credit Experience writing and submitting credit applications


• Previous Project Financing experience preferable.

Technical / Professional Knowledge

Behavioural Competencies