About this role
Job Purpose
To support Nedbank CIB’s strategic focus on
- growing trade and commodity finance,
- ancillary transactional opportunities, and
- the development of Nedbank’s participation in African trade corridors,
by providing strategic insights into credit risk strategies; risk appetite; asset allocation; strategic capital management and risk adjusted performance measurement for Trade Finance, in order to achieve an optimal credit portfolio; as per the business strategy.
Job Responsibilities
Credit Governance
- Serve as a voting member of relevant credit committees.
- Serve as sponsoring credit executive on relevant trade finance deals.
- Ensure decisions comply with:
Credit policies
- Regulatory requirements
- Basel principles
- Internal risk appetite frameworks
- Provide expert credit judgement on complex and high-risk transactions. Credit committee participation and governance oversight are core credit executive responsibilities.
Deliver on CIB Strategy
- Lead and manage the CIB Trade Finance risk portfolio.
- To provide independent credit risk assessment, decision-making, portfolio oversight and strategic risk guidance for Trade Finance, Structured Trade Finance, Supply Chain Finance and Working Capital solutions within CIB.
- The role is responsible for balancing prudent risk management with business growth, ensuring that trade finance transactions are structured, approved and managed within the bank's risk appetite and regulatory framework.
- Provide expert credit input/views/guidance to the Transactional Services Business Team deals are appropriately structured and sufficient risk mitigation is in place and provide guidance on the relevant internal credit ratings.
- Add value to Nedbank Group by optimising credit advice and solutions and identifying and reducing credit risk.
- Manage the CIB Trading Finance credit risk portfolio through collaboration with internal stakeholders across all relevant business units to assess new opportunities in a co-ordinated approach across key markets, sectors and clients, resulting in a positive impact on Nedbank’s bottom-line.
- Enhance Nedbank's risk and balance sheet strategies by providing strategic insight into strategic portfolio tilt, accurate impairment and risk weighted asset forecasting.
- Enhance Risk adjusted profitability by providing best practice credit insights and methodologies as input into risk adjusted performance measurement and pricing, capital management and portfolio optimisation.
- Promote a culture of being a values driven leader and strategic business partner by building trusting relationships with all stakeholders.
- Optimise processes, procedures and systems through continued digitisation, benchmarking to international best practices, and implementing improvements on an ongoing basis.
- Keep abreast of changes (market and legislation) and developments in the Rest of Africa, Africa Asia trade corridor by collaborating with SIRC, in-country representatives and conducting own research and benchmarking industry best practices.
- Develop and leverage relationships with relevant external stakeholders, industry forums/bodies/initiatives through participation and liaising both formally and informally.
- Travelling to key markets/jurisdictions as part of ongoing risk assessment and to assist the Business Unit in implementing the Trade Finance business and credit strategy.
Essential Qualifications - NQF Level
- Professional Qualifications/Honour’s Degree
Minimum Experience Level
- Minimum 20 years trade finance credit experience.
Behavioural Competencies
- Stakeholder management
- Aligning Performance for Success
- Building Partnerships
- Decision Making
- Influencing
- Driving for Results
- Planning and Organizing
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Please contact the Nedbank Recruiting Team at +27 860 555 566