Internal Vacancy 1 x Financial Analyst:  Retail Banking (Windhoek) (NB08) Reporting to Credit Manager: Retail Banking

Job Purpose:

To assist the Credit Managers with managing excesses on current accounts and to prepare and assess credit applications within the Bank’s policies and procedures.

Key Responsibilities:

• Analysis of financial information in preparation of credit applications to make a recommendation based on the findings, within the credit parameters, to be presented to a higher mandate.
• Review and confirm collateral position of the client in preparation of credit applications
• Adhere to agreed turnaround times of credit applications without compromising validity and quality of assessment by complying with policies, procedures, processes and standards.
• Identification of problem exposures and classification in accordance with BON guidelines.
• Providing correct and accurate reports to Credit Manager & Senior Management.
• Ensuring that policies and procedures are adhered to.
• Assisting Retail Sales to secure sound-based lending in line with the bank’s strategy.
• Keeping abreast with changes in the micro and macro-economic, political, legislative and social environment in order to provide proper lending advice.
• Interaction with Personal Bankers, Branch Managers and administrators to ensure timeous services delivery / turn-around times to colleagues and clients.

Abilities & Requirements

• Good understanding of basic credit requirements and client repayment ability assessment.
• Demonstrate sound knowledge of financial information and the interpretation thereof.
• Knowledge of Bank of Namibia and Reserve Bank policies and rules are an advantage.
• Strong analytical and computer skills, good interpretative skills as well as excellent interpersonal and communication skills are required.
• Strong report writing skills.
• Must be able to meet stringent deadlines and perform under pressure.

Educational & Experience Requirements:

• Minimum: Grade 12 (25 points),
• A Business-/ Accounting-/ Economics Diploma/Degree or similar qualification will be an advantage
• 6 years banking experience of which 3 years must be in a credit-granting environment

HOW TO APPLY:

Interested candidates should forward an updated Curriculum Vitae (CV), certified copies of qualifications and cover letter to: nieis.namibiaatwork.gov.na

CLOSING DATE: 03 March 2023

APPLICATIONS MUST BE ADDRESSED TO:

Human Capital Department

Nedbank Namibia

Head Office, Windhoek

Please note that only shortlisted candidates will be contacted. (Affirmative Action Candidates are encouraged to apply)