Validations Officer vacancy at Nedbank

Validations Officer vacancy at Nedbank

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Validations Officer vacancy at Nedbank

Deadline: 25 October 2024

Location: Johannesburg, South Africa

Validations Officer vacancy at Nedbank

Nedbank is recruiting and accepting applications for Validations Officer vacancy.

Purpose: To investigate the validity of credit applications through compliance and departmental policies and procedures contributing to mitigation of credit and application fraud related risk for Nedbank Retail.

Duties

Volumes

  • Ensure effective and accurate assessment of validations done. Produce quality and accurate podiums to the market. Provide correct and accurate assessment the first-time round. Monitor workflow volumes, adjust work speed accordingly whilst still minimising the risk to the bank to avoid bottlenecks.

Quality

  • Ensure the processes are followed in detail and adhere to policy and procedures. Maintain low error rate to minimise the risk to the bank.

Fraud prevention and transfers

  • Prevent fraud from being transferred onto the MFC book. Detect and prevent fraudulent accounts from being on boarded at application stage.

Times

  • Keep within set turn-around-times and reduce reworks. Effectively manage unsuccessful validations and validation failures.

Responsibilities

  • Build and maintain client relationships through the undertaking of independent and dual visits with corporate bankers based on client needs and related situations
  • Build relationships with internal stakeholders by contributing to structured information sharing meetings
  • Identify opportunities by collaborating with corporate bankers according to Nedbank’s corporate strategy Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc.).
  • Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).
  • Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
  • Grow the Nedfleet book in line with budgets by building and maintaining client relationships
  • Source new business by presenting Nedfleet product opportunities to corporate clients
  • Provide product expertise by delivering fleet management solutions in line with corporate strategy and budget
  • Monitor portfolios in line with credit limits and associated Management Information Systems to ensure that client expectations are met
  • Ensure client expectations are met by liaising with operational and administrative team and monitor/manage outputs as per service level agreements; credit and corporate strategy
  • Ensure business relations with regulators by complying to relevant legislation.
  • Address operational and system challenges by managing client relationships and involving internal stakeholders to find solutions and resolve challenges.
  • Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned.
  • Identify training courses and career progression for self through input and feedback from management.
  • Ensure all personal development plan activities are completed within specified timeframe.
  • Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
  • Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders’ businesses by highlighting benefits in support of the implementation of recommendations

Minimum Experience Level

  • 1 year appointed as a New Business Officer in the Vehicle Asset Finance industry a must

MORE OPPORTUNITIES:

Requirements

  • Matric
  • Preferable 3-year tertiary qualification in Banking or Finance field

Technical / Professional Knowledge

  • Administrative procedures and systems
  • Data analysis
  • Nedbank policies and procedures
  • Relevant regulatory knowledge
  • Business writing skills

Behavioural Competencies

  • Communication
  • Continuous Learning
  • Customer Focus
  • Decision Making
  • Managing Work
  • Quality Orientation

Application

To apply, visit Nedbank careers portal.

Note: Late applications will not be considered.

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