Openings at Stanbic Bank

Job purpose description

Manage a portfolio of counterparty credit risks associated with lending, trading, and investing activities, with the primary objective of assessing and managing risk within acceptable parameters as well as manager a team of other Credit Analysts.

Ensure the effective management of Credit Portfolio Allocated.

• Demonstrate complete ownership and thorough understanding of the risk profile of the credit portfolio allocated.
• Formulation and recommendation and/or evaluation of credit proposals, with a comprehensive risk assessment for new or increased facilities, as well as annual risk reviews on the existing portfolio base. This will usually entail visiting the customer and engaging at MD (Managing Director), FD (Financial Director) or FM (Financial Manager) level, and where necessary. Present applications to Credit committees consisting of Exco members.
• Coordinate and ensure that the post-approval implementation of facilities and legal documentation is in accordance with the conditions of sanction.
• Follow up and address non-adherence to terms and conditions of sanction by counterparties; to consider the inherent risk therein and to make recommendations as to action to be taken to regularize or mitigate such increased risk
• Coordinate research in respect of industry and market risk in relation to counterparty exposures on the underlying portfolio.
• Articulate credit appetite based on risk appetite for sector and give guidance structure of deals and documents (legal and collateral) required.

Complete effective financial analysis of counter party credit risks.

• Undertake quantitative and qualitative financial analysis to develop a comprehensive understanding of counter party risks for new or increased facilities. Conduct annual risk reviews on the existing portfolio base.
• Make timeous, sound and pragmatic recommendations and decisions in managing accounts within portfolio.

Effective Management and completion of all other required administration.

• Daily management, escalation and control of portfolio irregularities.
• Participate in projects as delegated from time to time.
• Management of excesses on portfolio.

Keep abreast of industry specific knowledge and key developments.

• Participate in and remain abreast of market developments.
• Stay attuned to industry and market risk developments and trends in relation to counterparty exposures and their impact on the underlying portfolios.

Ensure an efficient and effective leadership and staffing process.

• Oversee the moderation and relative distribution of performance appraisals in line with overall business performance for the area.
• Together with Human Capital for the area, determine the people strategy for the area with a focus on talent management, resourcing, development and retention.

Ensure efficient and effective stakeholder engagement.

• Proactively develop and manage relationships with key internal and external stakeholders
• Hold primary relationship with clients and handle all aspects of client interaction including coordinating and execution of transactions.
• Work closely with front office to secure deals by providing the appropriate structuring advice at the appropriate DA (Delegated Authority) level.

Qualifications

Minimum Requirements

• Undergraduate Degree in Business Commerce

Preferred Requirements

• Masters Degree in Business Commerce

Experience

• 3-4 years experience and practical knowledge of credit procedures, policies and standards, as well as a thorough understanding of products and facilities that give rise to counterparty credit risk.
• Understanding of Basel and broader regulatory and compliance. Additional understanding of vanilla lending and derivative products and facilities that give rise to counterparty credit risks, including the documentation required/presented to manage that risk.
• As well as developed knowledge of financial markets, global economy and appropriate regional geographies in which portfolio operates.

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Job Purpose description

To partner with the Head, Business & Commercial Clients ( BCC), in developing & implementing the strategy through the establishment of sound financial management, accounting, procurements, provisioning & internal control systems & processes, in compliance with relevant legislative requirements for the efficient operations. To provide financial analysis & performance on product performance across BCC.

Financial Management

• Analyze & interpret financial & accounting reports to provide financial insights to the business.
• Collaborate with Head, BCC & key stakeholders in ensuring the financial preparation, reconciliation & reporting within the business in alignments with financial reporting, compliance & business requirements & adhere to all accounting policies, processes & procedures.
• Development and implementation of reporting using Digital tools like Power BI, SAP analytics Cloud.

Strategy

• Develop & implement in partnership with the business Finance strategy in order to enable the achievement of BCC objectives.
• Prepare & analyze the financial results for BCC, identifying problem areas & potential for improvements by means of understanding the macro-economic landscape & understanding the impact on BCC business performance, highlight potential risks & opportunities.

Data

• Assist in the preparation of the BCC reports & documents, that is tabled at the respective Leaderships Councils on Group & country specific levels, on a monthly basis
• Prepare monthly, quarterly & annual deliverables & reports in alignment with reporting cycles, as well as ad-hoc weekly projects deliverable reports. Review budgetary planning & performance measurement controls for BCC to ensures reporting is effectively done in the Cube.

Risk, Regulatory, Prudential & Compliance

• Review the budgetary planning & performance measurement control for BCC, to ensure that budgets are completed within the set timelines & specific country regulatory & geographical requirements for compliance purposes.

Product

• Review & maintain NIR mapping & product structure blueprints on a regular basis & alignment by country, by collaborating & leveraging from product teams to understand pricing, volumes & use information to provide financial analysis & insight.
• Identify & develop new product structures to be set up & facilitate the process implementation by supporting BCC, specifically regarding new accounting initiatives & business case template support.

Technology & Architecture

• Identify GAPs in product automated mapping that will improve the financial & MIS reporting capabilities, working with GBM & core banking teams, initiate recommendations for improvement & manage the implementation of recommendations.

Qualifications

Minimum Qualifications

• Type of Qualification Field of Study
• Post Graduate Degree Finance and Accounting
• Other Minimum Qualifications, certifications or professional memberships
• CPA (K) finalist or equivalent
• Preferred Qualifications

Type of Qualification Field of Study

• Masters Degree Finance and Accounting
• Experience Required
• 4-5 years experience in advising business leaders on financial aspects & relevant stakeholders on decision making processes & strategic objectives in a financial services environment.
• 5 years experience in running income statement to identify problems with general ledger entries & familiar with financial controls & practices in a large corporate, Managing FTP & NIM's in multiple geographies, across Africa continent preferable. Management Accounting reporting wi