Analyst, Credit Risk

Standard Bank Offshore is the offshore arm of the Standard Bank Group, a leading Africa focused financial services group, and an innovative player on the global stage. Our international Banking, Lending, Investment, Fiduciary and Wealth Management services   offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals.

Our clients range from individuals to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa and SBO is perfectly positioned to support the growth of our organisation from our office in the Isle of Man, Jersey, London, Mauritius and South Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

PLEASE NOTE:

• This role is not open to relocation.  Only candidates who have residency and right to work in Jersey can be considered.
• This role is a 6-month Fixed Term Contract

To provide specialised risk management support to the Head of Credit Risk for the implementation of the Standard Bank Offshore Credit Risk Framework (covering strategy, policy, process, procedural, standards, objectives, metrics and governance). This job primarily focuses on approval, documentation preparation, drawdown and monitoring processes.

Minimum Qualification: 

• First Degree in Finance and Accounting (Required)
• Post Graduate Degree in Information Studies

Experience Required :

• 5 - 7 Credit experience in a banking environment
• 1-2 years experience in analysis and presentation of MI (Management Information) and reporting on portfolio credit risk
• Thorough conceptual and practical knowledge of credit procedures, policies and standards. Ability to understand products and facilities that give rise to counterparty credit risk and appropriately documenting these risks. Understanding of Risk and broader regulatory and compliance requirements.
• Basic 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.

Key Outputs :

Evaluate Credit Proposals

Objectively assess and evaluate credit applications exercising commercial and responsive decision making and making a recommendation to the Credit Committee.

Prepare Documentation for Credit Facilities

Draft and check preparation of facility/security documentation following approval.  Check that all approved conditions are met and that the documentation is complete. This includes liaising with Legal where required.

Responsible for Loan Funds (Approval of Drawdowns)

Control loan funds leaving the bank, by reviewing and confirming that all condition precedents are met and that security is perfected before approving the drawdown checklist and limit form.

Behavioural Competencies:

• Articulating Information
• Convincing People
• Documenting Facts
• Embracing Change
• Establishing Rapport

Technical Competencies:

• Data Management (Administration)
• Evaluating Risk Management Effectiveness
• Risk Awareness
• Risk Management
• Risk Reporting
• Statistical & Mathematical Analysis

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