Job Title: Operations Finance Business Partner Organisation: Hariss International Limited (Riham…
Credit Manager Job Opportunity – Stanbic Bank
Job Title: Credit Manager
Organisation: Stanbic Bank
Duty Station: Kampala,
Uganda
Uganda
Job ID: 27279
About US:
Stanbic Bank Uganda Limited is a subsidiary of Stanbic Africa Holdings
Limited which is in turn owned by Standard Bank Group Limited (“the Group”),
Africa’s leading banking and financial services group. The Standard Bank Group
is the leading banking group focused on emerging markets. It is the largest
African banking group ranked by assets and earnings. Stanbic Bank Uganda
Limited is the largest bank in Uganda by assets and market capitalization. It
offers a full range of banking services through two business units; Personal
and Business Banking (PBB), and Corporate and Investment Banking (CIB).
Limited which is in turn owned by Standard Bank Group Limited (“the Group”),
Africa’s leading banking and financial services group. The Standard Bank Group
is the leading banking group focused on emerging markets. It is the largest
African banking group ranked by assets and earnings. Stanbic Bank Uganda
Limited is the largest bank in Uganda by assets and market capitalization. It
offers a full range of banking services through two business units; Personal
and Business Banking (PBB), and Corporate and Investment Banking (CIB).
Job Summary: The Credit
Manager will support assist the Corporate and Institutional Banking (CIB) sales
team with the origination of credit proposals within acceptable turnaround
times. Overriding objective is to grow
the Bank’s lending book and maintain a high quality of lending assets through
timely preparation of good quality credit applications (Application for
Facilities – AFFs).
Manager will support assist the Corporate and Institutional Banking (CIB) sales
team with the origination of credit proposals within acceptable turnaround
times. Overriding objective is to grow
the Bank’s lending book and maintain a high quality of lending assets through
timely preparation of good quality credit applications (Application for
Facilities – AFFs).
Key Duties and
Responsibilities:
Responsibilities:
Ensure the provision of direct (specialist / professional) credit
origination services at the customer interface:
origination services at the customer interface:
·
Appropriate participation in Pre-Credit
Committee (PCC) and Distribution Committee meetings
Appropriate participation in Pre-Credit
Committee (PCC) and Distribution Committee meetings
·
Appropriate discussion with business, of key
covenants / cover ratios, CPs and undertakings to be incorporated into term
sheet
Appropriate discussion with business, of key
covenants / cover ratios, CPs and undertakings to be incorporated into term
sheet
·
Risk appropriate determination of risk grades
incorporating structures, cash flows, covenants etc
Risk appropriate determination of risk grades
incorporating structures, cash flows, covenants etc
·
Determination of credit appetite including (i)
appropriateness of proposed structure considering tenor, profile, commodity
price volatilities and ranking, (ii) concentration risk exposure and (iii)
single obligor appetite
Determination of credit appetite including (i)
appropriateness of proposed structure considering tenor, profile, commodity
price volatilities and ranking, (ii) concentration risk exposure and (iii)
single obligor appetite
·
Identification and assessment of all pertinent
risk areas together with mitigating factors
Identification and assessment of all pertinent
risk areas together with mitigating factors
·
Understanding of underlying commodities
financed, price sensitivities and applicable work-out-scenarios in the event of
default
Understanding of underlying commodities
financed, price sensitivities and applicable work-out-scenarios in the event of
default
·
Being solutions orientated, providing innovative
solutions to lending
Being solutions orientated, providing innovative
solutions to lending
·
Appropriate project management of the credit
deal pipeline
Appropriate project management of the credit
deal pipeline
·
Robust risk assessment of collateral, capital
use and risk / return
Robust risk assessment of collateral, capital
use and risk / return
·
Thorough understanding of the underlying
industries and state of economy
Thorough understanding of the underlying
industries and state of economy
·
Ongoing credit monitoring (existing security,
excesses, security cover ratios, collateral management reports etc.)
Ongoing credit monitoring (existing security,
excesses, security cover ratios, collateral management reports etc.)
Preparation of formal Credit Applications within acceptable turnaround
times, assisting with any credit aspects relating to the deal up to the point
of final drawdown under the facility:
times, assisting with any credit aspects relating to the deal up to the point
of final drawdown under the facility:
·
Accurate completion of the routine sections
Accurate completion of the routine sections
·
Documentation of all pertinent risk areas as
well as their mitigation as far as possible.
Documentation of all pertinent risk areas as
well as their mitigation as far as possible.
·
Quick turnaround times, but with the necessary
push-back and pipeline management so as to provide the necessary time to assess
the risk thoroughly
Quick turnaround times, but with the necessary
push-back and pipeline management so as to provide the necessary time to assess
the risk thoroughly
·
Accurate and thorough assessment of the past and
especially future performance of the client
Accurate and thorough assessment of the past and
especially future performance of the client
·
Appropriate type and extent of stress tests
stressing the necessary key issues / risks
Appropriate type and extent of stress tests
stressing the necessary key issues / risks
·
Thorough and accurate completion of checklists
and
Thorough and accurate completion of checklists
and
·
Understanding and an ability to have a
discussion on pricing, ROE, capital use, portfolio effect
Understanding and an ability to have a
discussion on pricing, ROE, capital use, portfolio effect
Building credit partnership with
relevant stakeholders and communication:
relevant stakeholders and communication:
·
The building of relationships within the CIB
Relationship team, Evaluation team,, greater Credit team, Global Markets team,
Legal, and Credit Portfolio Monitoring Unit based on mutual respect
The building of relationships within the CIB
Relationship team, Evaluation team,, greater Credit team, Global Markets team,
Legal, and Credit Portfolio Monitoring Unit based on mutual respect
·
Customer centricity within an appropriate risk /
return matrix
Customer centricity within an appropriate risk /
return matrix
·
Strong verbal and written communication skills
Strong verbal and written communication skills
·
Appropriate discussion / engagement with the
client to facilitate credit analysis process and in depth understanding of the
client’s business
Appropriate discussion / engagement with the
client to facilitate credit analysis process and in depth understanding of the
client’s business
Deal implementation:
·
Accurate and thorough reconciliation of Credit
Paper and subsequent Credit modifications to the legal documents
Accurate and thorough reconciliation of Credit
Paper and subsequent Credit modifications to the legal documents
·
Obtaining all necessary approvals for any
changes / waivers to the terms/conditions/ covenants approved per the credit
paper
Obtaining all necessary approvals for any
changes / waivers to the terms/conditions/ covenants approved per the credit
paper
·
Extensive interaction with Business, Credit
Portfolio Monitoring Unit and Legal, in terms of managing the timeline to
pay away, ensuring that all necessary documents are signed, conditions
precedent met and security to hand.
Extensive interaction with Business, Credit
Portfolio Monitoring Unit and Legal, in terms of managing the timeline to
pay away, ensuring that all necessary documents are signed, conditions
precedent met and security to hand.
·
Ensure timely and accurate loading of limits to
Adaptiv and Core Banking System
Ensure timely and accurate loading of limits to
Adaptiv and Core Banking System
·
Ensure filing of all necessary documents related
to the approval, pay away, waivers, credit modifications etc for audit trail
purpose
Ensure filing of all necessary documents related
to the approval, pay away, waivers, credit modifications etc for audit trail
purpose
·
Detailed and ongoing credit monitoring of
covenants, security cover ratios and regularising of security
Detailed and ongoing credit monitoring of
covenants, security cover ratios and regularising of security
Ongoing Risk Management:
·
Awareness of the credit environment (including
credit spreads, delinquencies, etc)
Awareness of the credit environment (including
credit spreads, delinquencies, etc)
·
Awareness of the general economic environment
Awareness of the general economic environment
·
Knowledge of the industries assigned
Knowledge of the industries assigned
Key Performance Areas:
·
Assist CIB relationship managers / account
executives in negotiating term sheets with clients ensuring that the deal
structure, conditions and covenants conform to CIB and the overall credit
requirements of the bank.
Assist CIB relationship managers / account
executives in negotiating term sheets with clients ensuring that the deal
structure, conditions and covenants conform to CIB and the overall credit
requirements of the bank.
·
High level understanding of the pricing, Basel
II and Return On Equities.
High level understanding of the pricing, Basel
II and Return On Equities.
·
Obtain relevant information from Relationship
Manager’s (RM’s)/ Account Executive’s (AE’s)/ clients, conduct a thorough
credit due diligence and obtain additional required research to complete a
thorough credit / risk analysis of the clients’ business.
Obtain relevant information from Relationship
Manager’s (RM’s)/ Account Executive’s (AE’s)/ clients, conduct a thorough
credit due diligence and obtain additional required research to complete a
thorough credit / risk analysis of the clients’ business.
·
Obtain relevant information from account
management team and RM’s /AE’s / Clients, and obtain additional market
information to complete a thorough review of existing credit facilities as they
come up for review.
Obtain relevant information from account
management team and RM’s /AE’s / Clients, and obtain additional market
information to complete a thorough review of existing credit facilities as they
come up for review.
·
Well presented and articulate presentation of
the credit paper / deal at credit committee and / or to delegated credit
evaluators. Maintenance of good working relationships with clients and other
areas of the bank which establish positions of mutual respect.
Well presented and articulate presentation of
the credit paper / deal at credit committee and / or to delegated credit
evaluators. Maintenance of good working relationships with clients and other
areas of the bank which establish positions of mutual respect.
·
Achieve 100% compliance with lending policy
guidelines and other governance requirements.
Achieve 100% compliance with lending policy
guidelines and other governance requirements.
·
Support the CIB business units to deliver world
class service to our external customers.
Support the CIB business units to deliver world
class service to our external customers.
Qualifications, Skills and
Experience:
Experience:
·
The ideal candidate for the Stanbic Bank Credit
Manager job opportunity should hold a Degree in Commerce or a related field
The ideal candidate for the Stanbic Bank Credit
Manager job opportunity should hold a Degree in Commerce or a related field
·
Possession of a Masters in Finance or a related
field is an added advantage
Possession of a Masters in Finance or a related
field is an added advantage
·
Professional Banking qualification,
Professional Banking qualification,
·
Credit / Risk related professional
qualifications; or CA, CPA, ACCA, CIMA, CFA
Credit / Risk related professional
qualifications; or CA, CPA, ACCA, CIMA, CFA
·
At least two to four years of related experience
and application of extensive credit management, preferably in a Corporate and
Investment Banking environment
At least two to four years of related experience
and application of extensive credit management, preferably in a Corporate and
Investment Banking environment
·
A track record of operating in a wholesale
business environment or a proven ability to understand holistic business,
pricing and capital management issues, with exposure to credit derivatives and
structured products environment a strong advantage.
A track record of operating in a wholesale
business environment or a proven ability to understand holistic business,
pricing and capital management issues, with exposure to credit derivatives and
structured products environment a strong advantage.
·
Well proven credit skills and the ability to
analyse a credit applications’ risk and benefit parameters and present a sound
business justification for the requested facility
Well proven credit skills and the ability to
analyse a credit applications’ risk and benefit parameters and present a sound
business justification for the requested facility
·
Detailed understanding of accounting, including
both management and financial accounting (or a specialist in a determining
value in a particular industry), in order to analyze the financial strengths
and weaknesses of clients, and identify potential risks to credit proposals
Detailed understanding of accounting, including
both management and financial accounting (or a specialist in a determining
value in a particular industry), in order to analyze the financial strengths
and weaknesses of clients, and identify potential risks to credit proposals
·
Ability to collate and compile appropriate set
of financial and business information to quantify and evaluate the risks and
benefits of a business proposal
Ability to collate and compile appropriate set
of financial and business information to quantify and evaluate the risks and
benefits of a business proposal
·
Clear verbal and writing ability for explaining
and interpreting financial data and business information
Clear verbal and writing ability for explaining
and interpreting financial data and business information
·
Ability to establish the risk profile of a
counter-party and incorporate contextual industry risks in a credit application
Ability to establish the risk profile of a
counter-party and incorporate contextual industry risks in a credit application
·
Ability to recommend appropriate risk parameters
in respect of specific facility structures within which clients will need to
operate to contain risk at acceptable levels
Ability to recommend appropriate risk parameters
in respect of specific facility structures within which clients will need to
operate to contain risk at acceptable levels
·
financial analysis, credit control and the
application thereof
financial analysis, credit control and the
application thereof
·
Sound understanding of business practices, the
Bank’s products / forms of security and marketing
Sound understanding of business practices, the
Bank’s products / forms of security and marketing
·
Sound understanding of various Industry Sectors
Sound understanding of various Industry Sectors
·
Sound knowledge in subjects such as commercial
law, accounting, economics and marketing
Sound knowledge in subjects such as commercial
law, accounting, economics and marketing
·
Knowledge of sources of information
Knowledge of sources of information
How to Apply:
All candidates who wish to join the one of Africa’s biggest Banking
Groups, Stanbic Bank in the aforementioned capacity are encouraged to Apply
Online by visiting Link below.
Groups, Stanbic Bank in the aforementioned capacity are encouraged to Apply
Online by visiting Link below.
Deadline: 10th
October 2017
October 2017
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