Subscribe to Job Alert
Join our happy subscribers
Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us
In 1965, the Standard Bank of South Africa merged with the Bank of West Africa acquiring businesses including a banking operation in Nigeria, which dated back to 1894. The name was then changed to Standard Bank of West Africa. Four years after the merger, Standard Bank Nigeria was incorporated locally to take over the business in Nigeria. In 1971, 13% of the...
JOB PURPOSE
KEY RESPONSIBILITIES:
KEY RELATIONSHIPS: (INTERNAL & EXTERNAL)
INTERNAL
Credit Policy and Portfolio Committee
Early Alert Committee
To liaise with all Relationship Managers / OCC Units for submission of situational reports where such is deemed relevant.
Liaison with Relationship Managers, OCC , Credit Risk Control, Finance Department, Legal Department in respect of all matters to do with the Irregular and Substandard portfolio with Manager, Credit Risk Control for the raising and releases of provisions in respect of recoveries of bad debts.
EXTERNAL
Direct customer contact in respect of negotiations of account recovery
Liaison with Lawyers, Accountants, Liquidators , Receivers
CONTRIBUTES TO:
The profit (profit/loss account) of Standard Chartered Bank by minimizing losses and maximizing recoveries on Impaired Accounts and by controlling/reducing the volume of Impaired Accounts to improve overall asset quality of the bank parties.
Ensure that scheduled returns are submitted to conform to laid down standards required by Group.
Decide on priority of attention concerning major irregular/problem loans, where promptness of action could result in substantial recoveries to the Bank.
EXPERIENCE AND KNOWLEDGE REQUIRED
FREEDOM OF DECISION MAKING
Diversity and Inclusion
Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.
Interested and suitably qualified candidates should click here to apply online.
Build your CV for free. Download in different templates.
Join our happy subscribers