Manager, CIB Credit at Stanbic IBTC Bank

Job Title: Manager, CIB Credit

Job Purpose Description

• Assist the 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).

Provision of credit origination services:

• Appropriate participation in New Business Application Committee (NBAC) and Distribution Committee meetings
• Appropriate discussion with business, of key covenants / cover ratios, CPs and undertakings to be incorporated into term sheet
• Determination of credit appetite including appropriateness of proposed structure considering tenor, profile, commodity price volatilities and ranking, concentration risk exposure and single obligor appetite
• Identification and assessment of all pertinent risk areas together with mitigating factors

Preparation of formal Credit Applications:

• 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
• 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

Deal Implementation:

• 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

Qualifications

• Degree in Finance or a related field 
• Masters in Business or a related field is an added advantage
• Credit / Risk related professional qualifications
• CA, CPA, ACCA, CIMA, ACA

Experience:

• At least 5 years experience is required in risk management. Experience with handling and organising large credit portfolio

Behavioural Competencies:

• Generating Ideas
• Articulating Information
• Providing Insights
• Adopting Practical Approaches
• Developing Expertise
• Completing Tasks
• Team Working
• Taking Action

Technical Competencies:

• Credit granting
• Leading Courageously
• Product and Services Knowledge.

Application Instructions:

The application deadline is Not Specified. Therefore, qualified and interested candidates can “CLICK HERE TO SUBMIT APPLICATION” It is important to visit the official website (link found below) for detailed information on how to apply successfully for this vacancy.