Job Title: Human Resources Lead, Furaha Venture – SC Ventures…
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 Loanson 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 applicant for the Stanbic Bank Manager, Business Support & Recovery career
placement must hold a relevant Business Degree.
·
Five to
seven years of banking experience. Credit experience preferable.
·
Keen
interest in building a career in BS&R
·
Specialist
knowledge – 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:
o Accounting and financial principles
o Generally banking
o Corporate banking
o 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 are
strongly encouraged to apply online at the link below.
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