Senior Credit Analyst

Job Family: Credit

Career Stream: Credit Management

Leadership Pipeline: Manage Self: Professional

Job Purpose: To manage and maintain risk adjusted pricing and risk ratings in terms of Basel requirements as well as enable value based management and continued implementation of the Internal Ratings Based Approach within corporate investment banking.

Job Responsibilities:

• Interpret financial results based on the annual financial statements or models provided by analysing and extracting the relevant information for the internal rating process.
• Interact with the front office regarding the transaction structure to determine the relevant rating models to be applied and provide input regarding potential risk mitigates.
• Assist the credit managers with the final ratings by preparing the Credit Risk Application (CRA) with the relevant supporting documents.
• Advise credit managers and the front office by providing an explanation of returns and ratings results.
• Maintain good client relationships by providing timely guidance and accurate information to stakeholders.
• Ensure consistency of information by providing a summary of inputs used for the models to the front office.
• Facilitate communication between the model developers and the front office to ensure client needs are met.
• Ensure that deadlines are met through efficient allocation of work, enabling every analyst to work on different portfolios.
• Interact with credit managers and front office regarding transactions to ensure appropriate models are used.
• Liaise with other departments within Risk regarding inputs required for credit ratings by providing updates and feedback on models.
• Provide ad hoc training and coaching to peers within credit and new staff members through manuals, explanations, and demonstrations.
• Support the achievement of the business strategy, objectives and values by reviewing Nedbank and Business Unit Plan and ensuring alignment of delivered systems, processes, services, and solutions.
• Identify training courses and career progression for self through input and feedback from management.
• Complete all personal development plan activities within specified timeframe.
• Share knowledge and industry trends with team and stakeholders during formal and informal interactions.
• Obtain buy-in for developing new and/or enhanced processes that will improve stakeholder business functioning by highlighting benefits in support of recommendations implementation.
• Contribute to a culture conducive to achieving transformation goals by participating in Nedbank Culture building initiatives.
• Participate and support corporate responsibility initiatives for business strategy achievement.
• Identify and recommend effective ways to improve business processes and systems, adding value to Nedbank.

Essential Qualifications - NQF Level:

• Advanced Diplomas/National 1st Degrees

Preferred Qualification: Honours Degree in Finance.

Minimum Experience Level: 2-3 years general banking experience.

Technical / Professional Knowledge:

• Banking knowledge
• Communication Strategies
• Data analysis
• Governance, Risk and Controls
• Industry trends
• Principles of financial management
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Research methodology
• Business Acumen

Behavioural Competencies:

• Coaching
• Communication
• Continuous Learning
• Collaborating
• Work Standards
• Technical/Professional Knowledge and Skills

Please contact the Nedbank Recruiting Team at +27 860 555 566