Manager, CIB Credit at Stanbic IBTC

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