Manager, Credit CIB

The main function of this position is to evaluate and monitor credit risk profiles. These may be either in niche financing or per transaction within set limits. Interact with other departments with regard to credit strategy and may manage a department of staff/areas

Key Resposibilities

Manager Credit Risk

• Provide the Head, Credit with management information relevant to the credit portfolio, input on the Credit strategy, input on the value-add change initiatives with respect to training, portfolio management, people management, policies, procedures, processes and products.
• Lead discussions with Relationship Managers to identify Credit risk in acquiring, business risk and critical issues for specific customers.
• Participate in the Pre-Credit Committee (PCC) process by providing relevant credit input.
• Lead detailed and often complex negotiations, with customers regarding the agreement to, and implementation of strategy, to reduce risk that may conflict with customers aims e.g. terms and conditions of trade.
• Deliver high standards of credit quality for complex / high risk cases through the application of best practice to credit proposals. Ensure high standards of credit discipline are applied to monitoring and control activities.
• Monitor deteriorating credit profiles and repair or ensure timely referral of cases to Recoveries teams.
• Articulate credit appetites and give guidance on the structuring of deals and documents when required.
• Review credit applications prepared by credit officers to ensure quality of analysis and “fit for purpose”, adding own recommendations and comments to influence approve or decline decisions (where applicable).
• Approve or recommend credit applications in line with Delegated Authority mandates and policy or refer credit applications to correct Delegated Authority i.e. Head of Credit Risk or Country Credit Risk Committee.
• Send approved Credit Applications or Sanctions Certificates to Legal for drafting of the legal statements and follow-up on long outstanding requests. Extract information from legal documentation, internal sanction documents and financial and non-financial covenants to populate and update the conditions of sanctions on the compliance grid
• Place sanctions on the customer’s soft and hard copy files where specific conditions of sanctions are waived or varied.
• Obtain information directly or indirectly from appropriate counterparties necessary to check covenants and

Monitor & Control

• Monitor early warning triggers and manage escalation matrices (covenant tracking sheet, covenant monitoring sheet and action excess on Adaptive etc.).
• Establish reasons for risk exposure in excess of credit facilities across credit risk systems and take corrective action by following the referral and excess management process.
• Monitor utilisation in excess of credit facilities and manage exposure.
• Proactively research, analyse and manage data from varied sources aimed at preempting risks on the credit portfolio.
• Analyse management accounts and other performance information submitted by customers to track trends and early identification of warning signs and management of that data.
• Monitor and control the quality of the designated portfolio, using conditions of sanction and other contracts or conditions.
• Initiate discussions with various credit stakeholders i.e. Head of Credit, Relationship managers regarding deteriorating trends and trigger events if they give cause for concern.
• Facilitate Rapid Risk Reviews to identify potential delinquent clients early
• Conduct Post-Sanction forum along with Relationship Managers and/or Head of Coverage to ensure timely submission of pending legal documentation, expired policies and overdue covenants.
• Participate in Watchlist Committee and provide relevant input to the Regional Recoveries Team.

Manage a Portfolio of Counterparty Credit Risks

• Manage relationships with customers in a manner that, through professional communication of often uncomfortable messages increases customer satisfaction and enhances the Standard Bank brand
• Identify sales opportunities, progressing these in partnership with Relationship Managers. Work with customers to resolve any complaints they raise in relation to acquiring or commercial credit issues.
• Upon successful Risk Assessment ensure full communication to Relationship Managers and/or Customers. If appropriate conduct this through a face to face meeting.
• Formulate, recommend and evaluate credit proposals by completing a comprehensive risk assessment for all new and increased facilities.
• Conduct annual risk reviews on the existing portfolio base by visiting the client and engaging with the Financial Director, Managing Director or Financial Manager. Present the risk reviews to the Country Credit Committee.
• Coordinate all applications to ensure that the post approval implementation of facilities and legal documentation is in accordance with the conditions of the sanction.
• Follow up and address non-adherence to terms and conditions of sanctions by counterparties to consider the inherent risks therein and to make recommendations as to actions to be taken to regularise or mitigate increased risks.
• Conduct industry and market risk research in relation to counterparty exposures on the underlying portfolio.
• Undertake quantitative and qualitative financial analysis to develop a comprehensive understanding of counter party risks for new or increased facilities. Conduct annual risk reviews on the existing portfolio base.
• Conduct client visits with the Relationship Manager as and when needed to acquire and provide Credit related information.
• Provide Breakdown schedule for CIB Credit Operations to load limits on Credit Management System i.e. Adaptiv system
• Maintain the client limits on the Credit management system by removing or amending client limits.
• Check the Adaptiv excesses, UNRATED and 2 days open reports and resolve any issues on a weekly basis.
• Participate in weekly in-country and fortnightly Regional CORF meetings.
• Review the Unallocated excesses report from Adaptiv and refer all actions when needed.
• Keep the Service Level Agreement (SLA) tracker up to date

Produce Credit Reports

• Produce some Credit reports by collating and evaluating data and submit to the Country Credit Committee for monthly review.
• Assist to produce reports on the Bank limits including information needed, requirements, legal entities etc.
• Assist in reviews of credit summaries of Sovereign limits
• Assist in review of Credit related policies/guidelines Ensure Credit risk data integrity is maintained

Lead & Manage Team

• Proven ability to lead teams and develop Credit Analysts.
• Demonstrate and/or develop a proactive, “Change The Bank” mind-set.
• Ability to influence all key stakeholders through knowledge and experience.
• Identify and drive change within Credit and the Business by initiating and owning change projects

Qualifications

Qualifications

• Finance and Accounting or any other relevant qualification as acceptable

Experience

• 3 or more years experience in credit applications and transactions
• 1 – 2 years experience in credit portfolio management