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 meetingsAppropriate discussion with business, of key covenants / cover ratios, CPs and undertakings to be incorporated into term sheetDetermination of credit appetite including appropriateness of proposed structure considering tenor, profile, commodity price volatilities and ranking, concentration risk exposure and single obligor appetiteIdentification 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 thoroughlyAccurate and thorough assessment of the past and especially future performance of the clientAppropriate 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 documentsObtaining all necessary approvals for any changes / waivers to the terms/conditions/ covenants approved per the credit paper
 

QualificationsDegree in Finance or a related field Masters in Business or a related field is an added advantageCredit / Risk related professional qualificationsCA, 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 IdeasArticulating InformationProviding InsightsAdopting Practical ApproachesDeveloping ExpertiseCompleting TasksTeam WorkingTaking Action

Technical Competencies

Credit grantingLeading CourageouslyProduct and Services Knowledge