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Credit Manager - Investment Banking

Standard Bank's Corporate and Investement Banking sector seeks the skills and experience of a specialised credit manager to manage the counterparty credit risks associated with lending, trading, and investing activities, with the primary objective of assessing and managing risk within acceptable parameters.

KEY RESULT AREAS :

To take ownership and develop comprehensive familiarity with the risk profile of the credit portfolio allocated (portfolio will consist primarily of companies with a turnover exceeding R600m);
To formulate and recommend credit proposals initiated by front office, with a comprehensive risk assessment for new or increased facilities, as well as annual risk reviews on the existing portfolio base. This will usually entail visiting the customer and engaging at MD, FD or FM level, and where necessary, presenting proposals to Credit committees.

To coordinate and ensure that the post-approval implementation of facilities and legal documentation is in accordance with the conditions of sanction.
To follow up and address non-adherence to terms and conditions of sanction by counterparties; to consider the inherent risk therein and to make recommendations as to action to be taken to regularize or mitigate such increased risk.
To coordinate research in respect of industry and market risk in relation to counterparty exposures on the underlying portfolio.
To provide advice and counsel to the relationship managers, relating to optimal structural solutions for identified client needs for new applications for existing counterparties.
To keep risk ratings in respect of counterparties on the portfolio current according to new information received and to identify, escalate and make recommendations on any changes in risk that may result.
To make timeous, sound and pragmatic recommendations in identifying high-risk accounts.

EDUCATION :

An appropriate commerce degree with preference given to Accounting majors. Postgraduate qualifications advantageous.

EXPERIENCE:

Minimum of 2 years experience in creditor relevant banking/financial services field.
Strong decision making experience with regards to credit issues .
Credit recovery experience is advantageous with preferable corporate and specialized credit .



The ideal candidate will have the following competencies:

Ability

  • Good understanding of accounting to analyse financial strengths and weaknesses of clients and identify potential credit risks
  • knowledge of risk systems monitoring & its related procedures for analysing the account behavior and identifying trends
  • understanding of Basel II and broader regulatory and compliance requirements
  • understanding of products and facilities that give rise to counterparty credit risk

Experience

  • analysing and interpreting risk / reward profiles
  • risk management
  • compliance

Knowledge

  • accounting principles
  • corporate banking
  • credit management
  • financial and management accounting
  • investment banking

Standard Bank is a South African-based financial services company with a global presence. Standard Bank believes that it is through their people that they will succeed and that only by working together will they make their offering to its customers. Standard Bank - Moving Forward.

Apply online before 15/02/2012.
Credit Manager - Investment Banking