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
Apply via :
www.standardbank.com