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Tuesday, October 10, 2017

Senior Manager Credit Evaluation Job at Stanbic Bank - Career Opportunity in Uganda

Vacancy title:
Senior Manager Credit Evaluation
 
Jobs at:
Stanbic Bank
 
Deadline of this Job:
12th October 2017

Duty Station:
Kampala, Uganda

View this job from the main website



Job details:
Job ID: 27713
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 Senior Manager Credit Evaluation will assist Personal and Business Banking in achieving their asset growth targets by providing effective value adding risk management, whilst maintaining a quality-lending book, through judicious and effective management thereof. The incumbent will be delivering of a professional service to the business units, by assessing and evaluating credit facilities (new and/or existing) based on sound credit & financial principles which supports the minimising of risk to the bank.
Key Duties and Responsibilities:
Loan Assessment and Approval:
  • Assess the financial status of a customer or client to determine if they qualify for a loan based on established parameters and criteria.
  • Evaluates whether proposals meet sound business criteria and credit risk falls within acceptable parameters, approve and recommends appropriate credit facilities including terms or conditions of facilities.
  •  Identifies, quantifies and evaluates sources of risk in relation to profitability of business proposals and financial viability of Retail clients as a whole, interrogates/probes.
    Asset Based Lending
  • Knowledge and understanding of the risks and processes associated with lending using movable assets as security for loans.
  • Utilizes Industry risk analysis available to identify and understand contextual threats to existing and potential clients.
    Debt Consolidation
  •  Knowledge and application of the requirements for loan restructuring, amendments to terms and conditions and the calculation of new repayment amounts.
  •  Review and assess credit criteria against portfolio performance.
  •  Management of actions on the watch list process
    Operating cash flow analysis
  • Understanding of the elements of a lender's cash flow and how it will impact the lender's ability to repay the loans granted.
  • Regular interaction with credit administration in discussing strategy & action plans to manage irregular accounts and accounts on damage control reports.
  •  Ensure timely and quality credit assessment and decision are made.
  • Financial statement analysis: Review balance sheets, income statements, cash flow statements and tax returns to determine the credit risk of the client.
    Evaluating Risk Management Effectiveness
  •  The ability to determine if risk management and control measures are achieving the desired results and mitigating risks at the expected level.
  •  Use watch lists in conjunction with the credit administration to ensure that accounts identified as being high risk are being managed effectively in terms of agreed action plans.
    Risk/ Reward Thinking:
  • The ability to provide due consideration to risks, rewards and the cost of control measures in evaluating business opportunities, process and system changes.
  • Detects and evaluate shifts or changes in key risk parameters and evaluate the implications of such changes on continued banking relationship.
  •  Actively hind sighting lending decisions to ensure that correct procedure are being followed in the approval of facilities, which will prevent new NPL’s.
    Operating cash flow analysis:
  • Understanding of the elements of a lender's cash flow and how it will impact the lender's ability to repay the loans granted.
  •  Regular interaction with credit administration in discussing strategy & action plans to manage irregular accounts and accounts on damage control reports.
  •  Ensure timely and quality credit assessment and decision are made.

Qualifications, Skills and Experience:

• The ideal candidate for the Stanbic Bank Senior Manager Credit Evaluation job opportunity should hold a Degree in Commerce or a related field
• Masters in Finance or a related field is an added advantage
• Professional Banking qualification,
• Credit / Risk related professional qualifications; or
• CA, CPA, ACCA, CIMA, CFA
• A minimum of two to four years of experience and application of extensive credit management, preferably in a Corporate and Investment Banking environment
• Good track record of operating in a wholesale business environment or a proven ability to understand holistic business, pricing and capital management issues, with exposure to credit derivatives and structured products environment a strong advantage.
• Comprehensive knowledge and understanding of advances, credit criteria, credit policies, risk and financial analysis, credit control and the application thereof
• Broad understanding of business practices, the Bank's products / forms of security and marketing
• Sound understanding of various Industry Sectors
• Sound knowledge in subjects such as commercial law, accounting, economics and marketing
• Knowledge of sources of information
Job application procedure
All candidates who wish to join the one of Africa’s biggest Banking Groups, Stanbic Bank in the aforementioned capacity are encouraged to Apply Online by visiting Link below.
Click Here