Head GSAM East Africa at Standard Chartered Bank Kenya

The Mandate:

As a result of an internal reorganisation there is a need to recruit for the position of Area Head GSAM, East Africa.

This individual will be responsible for managing all aspects of the bank’s Special Assets portfolio across the East African region African region.

Reporting Lines & Career Path:

The incumbent will report into the Head of GSAM Africa.  This person will have a number of direct reports covering Kenya, Tanzania and Uganda.

Movement globally within the Group is a genuine prospect.

Internal Relationships:

Key stakeholders include:

• CEOs, CCROs, CFOs and HR
• Business heads: in-country heads of Audit, Legal, Compliance, GSAM, Policy & Performance

Key Responsibilities:

• Accountable for managing all aspects of the GSAM East  Africa portfolio of accounts including risk assessments, recovery or exit strategies and their implementation, and impairment loss assessment
• Ensure the GSAM  East  Africa team is adequately resourced, skilled and performing at a high level
• Manage key internal stakeholders
• Manage external stakeholders: regulators, external auditors, attorneys, advisors and consultants
• Ensure that the GSAM East  Africa team understands and adheres to all relevant policies, including GSAM policies, Risk Policies, Group Code of Conduct, Anti-Money Laundering and Sanctions policies
• Ensure that all applicable Operational Risk processes, controls and measurement procedures are in place and rigorously followed throughout the region
• Ensure that forecasts and budgets are delivered
• Chair and/or attend all relevant internal and external committees
• Provide context and direction to GSAM East  Africa staff: act as a behavioural role model and ensure the maintenance of high work standards, high integrity and professionalism
• Exercise sound judgment, business sense and risk awareness in all decisions
• Share experiences and lessons learned with relevant internal constituencies outside GSAM in order to expand their risk knowledge base
• Contribute to the formulation and introduction of group and functional policies
• Participate in ad-hoc projects or assignments where GSAM contribution is required
• Drive global best practice

Core Experience & Capabilities:

• Understanding of corporate finance and diverse debt instruments
• Experience dealing with single and multiple creditor work out scenarios
• Understands legal regimes in different regions – Portuguese / Francophone / Anglo Africa
• An understanding of how to manage chinese walls on listed investments
• Knowledge of the practical realities of litigation and arbitration in different regions
• Understanding of business rescue legislation across the region
• Ability to synthesise information from different sources and produce concise summaries of key messages
• The maturity and cultural awareness to deal with senior executives across Africa
• The ability to convince and negotiate tactfully and persuasivly with strong personalities
• Exceptional interpersonal skills
• Strong communication and presentation skills
• Strong commercial awareness and business analytical skills
• The ability to get things done and influence people at a distance
• Highly experienced operator able to function in challenging environments

Mission Critical Requirements:

• Robust character
• Thorough understanding of business and credit markets in Africa
• Detailed knowledge of debt instruments (particularly mezzanine) and the pricing thereof
• Experience in M&A or private equity
• Understanding of relevant legislation
• Experience in developing statutes and rules with governmental and state organizations
• Track record in business rescue or business turnarounds and practical knowledge of associated risks
• Experience in leading complex multi bank consortiums
• Governance skills across financial, risk, regulatory and compliance constructs
• Highly numerate
• Acknowledged as leader in the field by his / her peer group
• Proven track record as an outstanding negotiator
• Ability to easily move between big picture and technical detail
• Experience of the African banking markets
• Proven ability to build and lead multicultural teams in a wide range of geographic locations
• Cultural awareness and sensitivity