Head Of Credit at NedBank Lesotho


Job Purpose

To ensure sustainability and profitability for Nedbank Lesotho by providing oversight of credit acquisition in order to achieve the bank’s strategic objectives.

  • Ensure implementation of Nedbank credit covenants for division by monitoring compliance to the thresholds on a monthly basis.
  • Achieve and manage targets by analysing performance data against forecasted results.
  • Keep abreast of legislation by conducting research and benchmarking industry best practices.
  • Provide credit management advice and solutions by conducting research and identifying risks through investigations.
  • Monitor and manage credit reporting by issuing instructions for amendments if required.
  • Add value to Nedbank Lesotho by optimising credit advice and solutions and identifying and reducing credit risk.
  • Produce reports for governance committees by assessing and collecting data relevant to credit risks and level of compliance. 
  • Implement measures to manage the Non-Performing Loan book, recover from defaulting clients and minimise credit loss to the Bank.
  • Support Nedbank Deep Green strategy by driving corporate citizenship and building a deep green culture through engaging division in corporate initiatives.
  • Develop and implement a strategy to build a differentiated culture by analysing relevant surveys and information.
  • Measure the effectiveness of differentiated culture plan through staff and client feedback and ensure corrective action plans are developed and implemented.
  • Develop and implement a strategy to build a differentiated culture of improvement and innovation by analysing relevant surveys and information.)
  • Developing succession plans
  • Formulating and implementing communication strategies to cascade functional strategies
  • Conducting benchmarking exercises to investigate improvement opportunities
  • Executing major organisational change
  • Networking and building relationships
  • Establishing and maintaining collaborative relationships with peers / subordinates / managers
  • Managing a function or division
  • Making financial decisions
  • Managing business risks
  • Presenting to senior leaders

Human Resources Manager

All applications for this role are to be submitted to Maseboloka Madiba [email protected], together with a comprehensive copy of your CV and qualifications.

Closing date to be Friday 26 July 2019.”Preference will be given to candidates that are on Lesotho Nationality”