Manager, CIB Credit at Stanbic IBTC Bank Full Time NEW

Job Title: Manager, CIB Credit

Job Ref ID: 80438312A-0001
Location: Lagos
Job Type: Full-time
Job Overview: Business Segment: Group Functions

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 Closing Date
Not Specified.