Manager, Business Support & Recovery Employment Opportunity – Stanbic Bank

Job
Title:         
 Manager, Business Support
& Recovery
Organisation: Stanbic Bank
Duty Station:  Kampala, Uganda
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).
Job Summary: The Manager, Business Support &
Recovery will identify, manage and provide advice in connection with CIB and
Business Banking distressed and defaulted exposures in terms of the BS&R
Mandate
Key Duties and Responsibilities:
·       
Responsible for management of NPL names (primary
responsibility) with decisions approved through Ad-hoc and monthly NPL
committees.   Act as key account liaison
to deal with queries and issues from Relationship Managers, Risk, Operations
and Collateral Teams as well as with external professionals such as valuers,
auctioneer’s, lawyers, receivers etc. on matters relating to Non-Performing
Loans
·       
Along with the relevant Relationship and Credit
Managers, assess clients/accounts in order to manage risk and limit exposure
over the short, medium and long-term.
·       
Assess counterparties, the current security
position and where appropriate take additional security. Participate and
sometimes lead Rapid Risk Reviews in order to identify potential watch list and
non-performing loans early.
·       
Oversee the drafting of sound legal
documentations and scrutinise agreements including but not limited to facility
agreements, consortium agreements, security sharing agreements and mortgage
charges, in accordance with set risk parameters.
·       
Responsible for advising CIB and Business
Banking on performing loans showing signs of distress (Watchlist names).
Executed through Portfolio Rapid Risk Reviews and Watchlist Committees. Provide
recommendations to improve business and banking risk and enhance customer
relationships to Business and Credit Teams. Brief Heads of Business to enable
them to lead negotiations with watch listed names.
·       
Responsible for recommending impairment
requirement (provisions) to CRMC and CIB Specific Debt Provisioning Forum.
Ensuring internal, IFRS, and regulatory provisioning requirements are met.
·       
Responsible for collecting and maintaining loan
loss data. Database updated as and when exposures change, or material recovery
event occurs.
·       
Develop and implement solutions for credit
recovery on accounts in order to secure debt, stabilise accounts or turnaround
where possible.
·       
Be involved and influence client visits and
negotiations to manage credit recovery processes including restructure and or
renegotiation of facilities.
·       
Provide advice to various stakeholders on credit
recovery and liquidation / receivership processes.
·       
Document and communicate relevant decisions to
all relevant stakeholders.
·       
Assist with relevant reporting returns and
provide advice on these where required.
·       
Conduct in-depth research on relevant accounts,
applying banking, legal and credit knowledge where applicable.
·       
Participate in industry initiatives from time to
time
·       
Provide advice to various stakeholders on credit
recovery and liquidation / receivership processes.
·       
Prepare and submit liquidation claims / appoint
Receivers.
·       
Attend and prepare for meetings with creditors.
·       
Brief attorneys and counsel and oversee conduct
of litigation on behalf of the Bank.
·       
Report to the Watch list and NPL Committee and
implement decisions there from, as well as update the relevant schedule/s on a
monthly basis.
·       
Maintain the default data base in terms of the
Service Level Agreement with Credit Analytics for Non-Performing Loans on
individual portfolio
·       
Document and communicate relevant decisions to
all relevant stakeholders.
·       
Assist with relevant reporting returns and
provide advice on these where required.
·       
Participate in industry initiatives from time to
time
·       
Awareness of the Group Reference Guide (GRG);
CIB & PBB Credit Policy and BS&R Mandate



Qualifications, Skills and Experience:
·       
The ideal candidate for the Stanbic Bank Manager,
Business Support & Recover job opportunity should hold a Relevant
Business Degree.
·       
Five to seven years of banking experience.
Credit experience preferable.
·       
Keen interest in building a career in BS&R
·       
Demonstrates a clear understanding of the role
BS&R should perform within CIB & BB and must be able to provide
direction and strategic thinking where appropriate in relation to distressed
and defaulted exposures.
·       
Sound business savvy and banking knowledge
around:
·       
Accounting and financial principles
·       
Generally banking
·       
Corporate banking
·       
Legal principles related to lending and
collateral rights
·       
And ability to translate and apply this
knowledge to optimise positive outcomes.
·       
Risk Management – Understands and manages
strategic and operational risk including understanding and conforming to the
relevant processes and procedures within BS&R, CIB & BB. 
·       
Competencies required in delivering accurate and
relevant results and assessing risk including attention to detail, delivery of
accurate and relevant research, 
proactive and timely delivery of requirements, ownership of problems,
understanding of impact of non-delivery and sub-standard  performance.
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.
For more of the latest jobs, please visit http://www.theugandanjobline.com or
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