Company Description
Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that 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. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.
Job Description
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
Additional Information
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
Similar Jobs
What We Do
As a brand with a legacy of 161 years in Africa, we have a deep understanding and belief in the boundless opportunities that this continent presents. Our vision extends beyond mere geography; it encompasses a profound recognition of the potential for growth that resonates within our people, customers, entrepreneurs, and all who share our unwavering commitment and passion for investing in Africa. With a presence in 20 countries across sub-Saharan Africa, we have cultivated a diverse community of the most skilled, innovative, and creative minds in the industry. Our purpose is to drive Africa's growth, acting as a catalyst for inclusive and sustainable economic development in the regions we serve. We strive to improve the lives of our fellow Africans by conducting business in an ethical and responsible manner. As a trusted partner, we consistently set higher standards and aspire to become better with each endeavour. We are more than just a banking institution; we are a driving force behind Africa's growth. Join us on this transformative journey. Together, we have the collective power to propel Africa into the future, making tangible progress for all who proudly call Africa home.
