The Ugandan Jobline

Job Title:   Officer, Business Support Resolution (Fresher Jobs)

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 Officer, Business Support Resolution will identify, manage and provide advice in connection with Business Banking distressed and defaulted exposures in terms of the BS&R Mandate.

Key Duties and Responsibilities:

Watchlist and Early Arrears Accounts:

• 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 in Rapid Risk Reviews in order to identify potential watch list and nonperforming loans early.
• Responsible for advising 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 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.
• Be involved and influence client visits and negotiations to manage credit recovery processes including restructure and or renegotiation of facilities.
• 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.
• Conduct in-depth research on relevant accounts, applying banking, legal and credit knowledge where applicable.
• Awareness of the Group Reference Guide (GRG); CIB & PBB Credit Policy and BS&R Mandate.
• Participate in industry initiatives from time to time

Non-Performing Loans:

• 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
• Develop and implement solutions for credit recovery on accounts in order to secure debt, stabilise accounts or turnaround where possible.

Recovery, Litigation and liquidation:

• 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.

Governance and Reporting:

• Responsible for recommending impairment requirement (provisions) to Head Credit BCC
• 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.
• Document and communicate relevant decisions to all relevant stakeholders
• Assist with relevant reporting returns and provide advice on these where required.
• 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.

Qualifications, Skills and Experience:

• The applicant for this position must hold a relevant Business Degree
• One to two years of banking experience preferably in Credit, Rehabilitation and Recovery or Legal departments of a Tier 1 financial institution.
• Keen interest in building a career in BS&R/ Credit

Competencies:

Behavioral Competencies:

• Checking Details
• Empowering Individuals
• Examining Information
• Generating Ideas
• Interacting with People
• Interpreting Data
• Making Decisions
• Meeting Timescales
• Pursuing Goals
• Resolving Conflict
• Upholding Standards
• Valuing Individuals

Technical Competencies:

• Coaching and Mentoring
• Difficult Calls Management
• Financial Planning
• Legal Collections
• Legal Compliance
• Performance Management
• Recoveries

NB: Females are encouraged to apply.

How to Apply:

All candidates who wish to join the one of Africa’s biggest Banking Groups, Standard Bank in the aforementioned capacity is encouraged to Apply Online by visiting Link below.

Click Here

For more of the latest jobs, please visit https://www.theugandanjobline.com or find us on our facebook page https://www.facebook.com/UgandanJobline

Related Jobs