Job Overview
Nedbank is seeking a dedicated Credit Risk Control Officer to join their team in Cape Town.
Organization: Nedbank Wealth Management SA
Location: Nedbank Clocktower Campus, V&A Waterfront, Cape Town, ZA
Closing Date: 26 June 2025
Reference: 139807
The successful candidate will play a crucial role in managing credit risk within the early collections space, helping to reduce private wealth impairment charges through effective client engagement and portfolio management.
Job Purpose
To provide excellent client service by applying sound credit risk management principles in the early collections space.
The role involves managing a dedicated portfolio/region to help Nedbank minimize impairments and support the bank’s strategic objectives.
Key Deliverables
- Daily client and banker contact to remediate portfolio accounts.
- Implement collections strategies by negotiating repayment plans and escalating to legal teams if necessary.
- Manage default accounts timely and effectively, ensuring acceptable repayment arrangements.
- Maintain compliance with bank policies, procedures, and regulations to ensure a clean audit.
- Provide advice on specialized credit risk matters to Credit Risk Managers and Credit Managers.
- Propose innovative ideas to enhance business processes and improve customer experience.
- Build and sustain effective relationships with team members and stakeholders through regular communication and training.
- Support team efficiency by drafting and implementing strategies.
- Constantly seek process improvements and adapt to legislative changes.
- Participate in initiatives to address organizational culture and support corporate responsibility.
- Support the implementation of business process improvements and operational excellence.
Qualifications & Experience
Essential Qualifications:
- Matric / Grade 12 / National Senior Certificate
Preferred Qualifications:
- Successfully completed NQF Level 6 or Higher in Finance or Credit-related fields
Minimum Experience:
- At least 1 year in a credit role within a banking environment
- At least 2 years collecting arrears or excess accounts
Knowledge & Skills
- Strong understanding of banking procedures and credit risk management
- Knowledge of regulatory frameworks and governance
- Proficiency in data analysis and relevant software systems
- Excellent communication, decision-making, and customer focus
Behavioral Competencies
- Adaptability
- Effective Communication
- Collaborating with Teams
- Customer Orientation
- Sound Decision-Making
- Managing Workload
How to Apply
Interested candidates are encouraged to submit their applications before the closing date. VIEW FULL ADVERT/ APPLY HERE FOR THIS JOB.
For further information or assistance, please contact the Nedbank Recruiting Team at +27 860 555 566.
Nedbank is committed to Employment Equity and encourages applications from underrepresented groups.
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