Jobs At STANBIC IBTC BANK

SENIOR EVALUATION MANAGER, CIB

• Job ID 4207
• Location * Nigeria – Lagos
• Division Credit
• Position Category Credit
• Employment Type Full Time – Permanent
• Shift No
• Regulatory Approval Yes

POSITION DESCRIPTION

To evaluate counter-party credit risks associated with the bank’s Corporate and Commercial lending and investment activities with the primary objective to contain credit risk within acceptable parameters

KEY RESPONSIBILITIES:
Provision of Credit Evaluation Services on application submitted for approval:
Conduct credit evaluation of facilities based on the application for facilities, financial information, and market information and in line with the credit policy and procedures.
Discuss the credit application with the Credit origination manager with a view to understanding the deal motivated and identifying risk management requirements.
Make approve /decline decision on deals within own delegate authority.
Recommend approval of appropriate facilities above own delegate authority to the Head of CIB Credit
Recommend decline of non-viable deals to the Head of CIB Credit after consultation with the Relationship Manager.
Present and defend own judgments on credit application to the Head of CIB Credit.
Organise, attend and facilitate Credit Committee Meeting for approval of credit application as appropriate.

Risk Management:
Proactively drive review process of existing facilities ensure a consistent, through and timely evaluation of all existing facilities.
Review relevant exception and ensure that exposures in excess of credit facilities for CIB names are reported and approval sought. Evaluate the excess request in relation to business risk parameters.
Review relevant audit reports on the loading of counterparty (CIB) information (i.e. review dates, new risk grades, interest rate etc) and limits relating to the approved AFF. Ensure that the above information is at all times correct and current. Where discrepancies/irregularities are evident, correctives actions is to be taken without delay.
Detect and evaluate shift or change in key risk parameter in a business relationship or industry and evaluate the implication of such change on continued business dealings.
Recommend placing of accounts on the watch list and lock up where necessary, and the need for provisions.
Oversee that adequate provision is held for the accounts in lockup that come through for evaluation.
Ensure that global Credit Standards, credit procedures manual, Local Credit Policy and Risk Acceptance Criteria are adhered to at all times.
Ensure (working with Account Management) that account identities as problematic are developed with the respective Relationship Manager to ensure that account identified as problematic are developed with the respective relationship manager to ensure that remedial action is taken to regularizes the exposure and/ or escalate them to lock-up.

FULL JOB DETAILS
DIVISION PROPOSITION
The Risk team at Standard Bank provides the essential foundations for our constantly evolving range of financial products and services. Risk is often the business unit that acts as the vital link in the powerful relationships we enjoy with our clients worldwide, and this division is now seeking an exceptional XXXXXXXX to help us build on our success. Because you will work with colleagues across the business, you need to be an independent thinker, with exceptional analytical and communication skills, as you will organise and negotiate measurable solutions to fulfill challenging targets, and support our corporate business objectives

REQUIRED SKILLS AND QUALIFICATIONS
EDUCATION LEVEL
Degree in Commerce or related field
Masters in Finance or a related field is added advantage
PROFESSIONAL QUALIFICATIONS
Professional Banking Qualification; or
ACA, CPA or ACCA; or
Credit/Risk related professional qualifications e.g. GARP
EXPERIENCE
At least 5 years banking experience within Credit or corporate/Business banking departments.
Exposure to Bank’s lending policies and procedures.
Exposure to banking procedures/branch experience
Previous experience of exercising a personal lending mandate is an added advantage.
SKILLS
Clear verbal and written ability is required for explaining and interpreting financial data and business information.
Ability to collate and compile appropriate set of financial and business information to quantify and evaluate the risks and benefits of a business proposal,
Ability to establish the risk profile of a counterparty, and incorporate contextual industry risks, in a formal credit evaluation
Ability to analyse deals/proposal’s risk and benefit parameters and present a sound business justification/motivation for the requested facility.
Ability to integrate specific deal analysis, counterparty analysis and contextual risk analysis to identify and evaluate sources of risk and recommend risk management actions/options if possible.
Ability to recommend /propose appropriate risk parameters in respect of specific facility structures within which clients will need to operate to contain risk at acceptable levels.

KNOWLEDGE
Detailed understanding of accounting, including both management and financial accounting (or a specialist in determining value in a particular industry), in order to analyse the financial strengths and weaknesses of clients, and identify potential risks to credit proposals.
Working knowledge of the core banking systems.
Thorough understanding of all the bank’s core products and facilities that give rise to counter-party credit risks, including their mechanism and source of profitability for the client and the bank, and what constitutes credit risk in these facilities. Understands the terms of the facilities, and any conditions and covenants that will need to be complied with over the the duration of the facilities life in order to manage risks within set parameters.
Knowledge of financial markets and the volatile nature of certain variable security held, as well as the market forces that influence their market value.
Using available information sources and technology to effectively tap information crucial to sound and informed decision-making and management of credit related deals.
Thorough conceptual and practical knowledge of credit procedures, policies and standards, as they apply to each situation such as credit applications, bad debts, disputes, obtaining legal assistance and reporting.

PROBLEM SOLVING
Collects and complies an appropriate set of financial and business information to quantify and evaluate the risks and benefit of a business proposal, establishes risk profile of counter-party and incorporate contextual industry risk
Analyses a deals/proposal’s risk and present a sound business evaluation for the requested facility.
Integrates specific deal analysis, counter-party analysis and contextual risk analysis to identify and sources of risk, recommend risk management actions/option if possible.
Declines non-viable proposals at source.
Recommends/propose appropriate risk parameters in respect of specific facility structures within which client will need to operate to contain risk at acceptable levels.
Must be able to manage the cross-function conflicts that may arise in the course of working with the CIB team.

PLANNING
Proactively drives review process of existing facilities, ensuring consistently thorough and timely evaluation of all existing facilities.
Detect and evaluates shift or changes in key risk parameters in a business relationship or industry and evaluates the implications of such changes on continued business dealings
Role in monitoring excesses: Establish reasons for risk exposure in excess of credit facilities, evaluates these in relation to business risk parameters.
Monitors utilization in excess of credit facilities and assist Relationship Origination manager in managing the risk exposure.

DECISION MAKING
Declines non-proposals
Recommends/propose appropriate risk parameters in respect of specific facility structures within which client will need to contain risk at acceptable levels.

CORE PERSONAL COMPETENCIES
ADAPTABILITY: Must be able to adapt to and accept change; opposing views; new ideas; be imaginative and creative.
NUMERACY & ANALYTICAL THINKING: Must have the capacity to work with numbers and figures, as well as to collect, process, analyse and integrate “the pieces of the jigsaw” into relevant, factual outcomes or conclusions.
WRITTEN COMMUNICATION: must have the ability to convey information by means of written instruction in accurate, clear, concise and understandable manner In order to maximize comprehension of message
CUSTOMER ORIENTATION: Must have the capacity to focus on and achieve standard of service which comply with the highest expectation of clients.
JUDGEMENT: Must have the ability to evaluate and judge situation or alternative strategies, actions and outcomes against rational, logical assumptions
COACHING: Must have the capacity to develop followers by providing them with simple and clear instructions, demonstrations and by systematically exposing them to planning but increasingly challenging tasks, combined with ongoing feedback, appraisal, counseling and other tangible rewards.
DECISIVENESS: Must show readiness and ability to make decision, render judgment, take action and apply corrective measures whenever the situation demands.

REQUIRED COMPETENCIES
KEY PERFORMANCE MEASURES:
Increase in quality of credit evaluations on applications to eliminate unnecessary queries; improve turnaround time on decision; and achieve high reliability of credit evaluations.
Increase of low risk and high profitability facilities, and decrease of high risk and low profitability deals submitted to the Head of CIB Credit and Country

Credit Committee.
Ensuring the evaluation of all forms of requests (AFF’s, Modifications, Excesses etc) within acceptable turnaround times.
Co-operative relationships between internal contributors in the credit value chain.
Adherence to governance standards and policies- measured through audit outcomes and other exceptions
Quality of portfolio measures- overdue reviews, non-performing loan ratios, provisions etc
Lending Assets growth
Key stakeholder satisfaction measures – multisource feedback, complaints data etc.

IMPORTANT RELATIONSHIPS:
Head of CIB Credit
Credit Originators
Country Credit Committee
Relationship Managers and Account Executives We are an equal opportunities employer and are totally opposed to discrimination in any form. It is our policy to provide equal employment opportunities for all employees regardless of race, sex, colour, nationality, national or ethnic origin, sexual orientation, marital / partnership status, religion, age or disability.

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