Restructures Officer in Nedbank Johannesburg,Gauteng,SouthAfrica

Website Nedbank

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About the job

Requisition Details & Talent Acquisition ContactJob Classification

Req 121279 – Lebohang Monate


Johannesburg, Sandton


Restructures Officer


Total Business Banking and Retail

Leadership Pipeline

Manage Self: Operational

Essential Qualifications – NQF Level

  • Matric / Grade 12 / National Senior Certificate

Job Purpose

  • To assess credit agreements by conducting an assessment to check the affordability in line with credit policy and restructure systems to rehabilitate clients in line with the business strategy.

Job Responsibilities

  • Manage costs by limiting stationery use, personal and business calls so as to remain within the allocated budget
  • .Ensure that credit assessments are completed in line with bank policy to mitigate and manage the financial loss within the prescribed timeframes e.g. 48 hours
  • Ensure that targets are met by planning and organising daily activities
  • .Ensure that quality is met by adhering to the quality standards that has been aligned with organisational objectives.
  • Establish and maintain sound working relationships with internal stakeholders like team and other business units by clear and knowledgeable communication methods and knowledge sharing.
  • Ensure that a client centric approach is adopted by understanding the needs of the customers and delivering service to meet those needs
  • Ensure that work is completed by planning and organising activities in line with set out targets and objectives
  • Assess the income and expenditure of the client through completion of affordability assessments and verification through different channels
  • Conduct assessments to get to a required outcome which could be either an approval or a decline
  • Restructure credit agreements to commence if approval is obtained; in line with policies and procedures
  • .Mitigate risk by adhering to quality assurance and governance compliance e.g. all rules built into system that would ensure all applications are compliant.
  • Ensure that the allocated resources are utilised effectively by adhering to policy and procedures
  • Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters, websites and attending sessions.
  • Understand and embrace the Nedbank Vision and Values by demonstrating the values through interaction with team and stakeholders.
  • Ensure that own contribution and participation contributes to the achievement of team goals.
  • Create and manage own career through guidance and support of management, department and colleagues.
  • Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.
  • Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed, experience practiced and certifications obtained and/or maintained within specified time frames.
  • Ensure knowledge management, continuity and team success through constructive participation in a diverse team and sharing knowledge with team.
  • Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives.
  • Participate and support corporate social responsibility initiatives for the achievement of business strategy, training/awareness on digital forensic examination to external parties on pro bono basis.
  • Identify opportunities to improve or enhance processes by identifying and recommending improvements to tools, policies and procedures to add value to Nedbank.

Preferred Qualification

  • Diploma: Credit Management.

Minimum Experience Level

  • 2 years experience in credit in a banking or financial services environment

Technical / Professional Knowledge

  • Administrative procedures and systems
  • Data analysis
  • Relevant regulatory knowledge
  • Business writing skills
  • Client service

Behavioural Competencies

  • Communication
  • Collaborating
  • Decision Making
  • Managing Work
  • Quality Orientation
  • Technical/Professional Knowledge and Skills

For any assistance or more info please contact the Nedbank Recruiting Team





Company: Nedbank

Vacancy Type: Full Time 

Job Location: Johannesburg,Gauteng,SouthAfrica

Application Deadline: N/A

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