Risk Management: understanding all risks – from the economic to the political – that could affect our global business, and offering guidance to all parts of the bank
Job Purpose
A senior management position that carries full responsibility for the credit approval and management process in respect of a portfolio. Develop and maintain co-operative relationships between all stakeholders in the credit value chain. This position will likely include leadership responsibility for a team of Credit Managers.
Key Responsibilities/Accountabilities
Credit Evaluation and Approval of Credit Applications:
Strong analytical skills, with the ability to review and understand complex transactions
Analysis of credit applications to assess whether the credit risk is in line with the Bank’s Credit Appetite and relative to the profitability of the deal.
Assessment and understanding of the Risk Reward for each deal reviewed.
Deliver well thought out decisions showing sound judgement where applications are within Delegated Authority.
Effective communication of credit risk of analyses and recommendations where applications require referral.
Specialist knowledge of Project Finance, Structured Transactions or other Product knowledge a requirement.
Credit Origination
Origination of credits; customer engagement, deal analysis, preparation of credit application and presentation of credit proposal to the relevant DA.
Present applications to Credit Committee, consisting of Exco members.
Responsible for the implementation and adoption (within the Department) of all Compliance, Anti-Money Laundering and Sanctions related requirements contained in policies, procedures and processes. This includes the consideration and approval of PEP on-boarding and continued business engagement in instances where no adverse information is available.
On-going Credit Management:
Post credit approval monitoring and credit risk control which includes but is not limited to covenant monitoring, crafting of credit strategy for accounts on Close Monitoring or watch-list, collateral compliance tracking, excess and arrears management.
Proactively communicate key risks and recommend adjustments to credit appetite and strategy as appropriate.
Overall management of the portfolio of accounts with appropriate escalation.
Monitoring, questioning and understanding changes in credit quality in any counterparty/industry.
Making recommendations to the Head of CIB Credit regarding portfolio strategies (Country and Industry trends and the strategic implications for managing the credit facilities of clients in those geographies and industries).
Leadership:
Proven ability to lead teams, manage and develop Credit Managers.
Demonstrate and/or develop a proactive, “Change The Bank” mindset.
Ability to influence all key stakeholders through knowledge and experience.
Identify and drive change within Credit and the Business by initiating and owning change projects.
Represent the Unit at various forums including Credit Committee, CRMC, Watch-list, NPL committee.
Preferred Qualification and Experience
Bachelor and Masters Degree in relevant area
Professional / Tertiary qualifications preferable.
Prior banking/ financial institutions experience advantageous.
Experience in deal origination, structuring, corporate finance will be advantageous
Experience
5 years experience in credit
Strong decision making experience with regards to credit issues
Understand the Credit recovery process and actively participate on Watch-list
Proven track record of leading teams essential
Designated Authority Level: DA8 to DA5
Knowledge/Technical Skills/Expertise
A solid background in credit, 5+ years at decision making level, preferably a track record of operating with a personal delegated authority.
Thorough working knowledge of the Risk systems monitoring, and its related procedures, for analysing the account behaviour of clients, identifying trends and shifts in credit risk profiles.
Thorough understanding of bank’s products and facilities that give rise to counter party credit risk.
Strong technical understanding of non-credit risks encountered within transactions.
Knowledge of financial markets (Global and especially African economies).
Thorough conceptual and practical knowledge of credit procedures, policies, standards.
Knowledge of risk systems and derivative instruments.
Assuming the lead on projects and bringing to conclusion.
