Standard Bank Group Recruitment 2018 for Portfolio Management & Risk Reporting Officer, Application Details
Applications are invited from suitably qualified applicants for Standard Bank Group Recruitment 2018. Interested applicant(s) ought to follow the details and procedures on this page to secure this opportunity.
Standard Bank Group Recruitment 2018
Risk Management: understanding all risks – from the economic to the political – that could affect our global business, and offering guidance to all parts of the bank
Provide administrative support to CIB credit operations and broader risk management tasks within the Risk function. The primary objective is to handle operational aspects of credit risk within set limits and procedures.
Administrative management of credit limits and exposures across the life of a credit.
Monitoring and Control:
Monitoring early warning triggers and management of escalation matrices (compliance grids, damage control migrations and arrears report e.t.c.).
Establish reasons for risk exposure in excess of credit facilities across credit risk systems and taking corrective action (referral and excess management).
Monitor utilization in excess of credit facilities and assists Credit Origination Managers in managing exposure.
Proactively research, analysis and data management from varied sources aimed at pre-empting risks on the credit portfolio.
Responsible for analysing management accounts and other performance information submitted by customers to track trends and early identification of warning signs and management of that data.
Monitoring and controlling the quality of designated portfolio, using conditions of sanction & other covenants/conditions.
Initiating discussions Credit Origination/ Evaluation / Heads of credit; deteriorating trends and trigger events if they give cause for concern.
Post Sanction credit Process & Governance:
Extracting from legal documentation, internal sanction documents, financial and non financial covenants. Populating and updating conditions of sanction on the compliance grid.
Where specific conditions of sanction are waived, or varied ensure that the sanction is placed on the customer’s file (soft and hard copies).
Establish and track closure of waived conditions precedent and subsequent to sanction.
Obtain information directly or indirectly from appropriate counter-parties necessary to check covenants.
Check compliance with covenants and escalate breaches to right DA.
Detect early warning signals impacting the portfolio.
Responsible for the implementation and adoption within the Department of all Compliance, Anti-money laundering and sanctions related requirements contained in policies, procedures, and processes.
This include the consideration and approval of PEP on-boarding and continued Business engagement in instances where no adverse information is available
Early detection of problematic accounts as a result of robust monitoring and improvement of the CIB credit portfolio, measured using CORF and watch list reports.
Preferred Qualification and Experience
First Degree preferably in a finance field.
A minimum 2 years experience in a bank credit or risk environment.
Working knowledge or accounting and finance.
Understanding of CSB’s core banking and ability to use MIS to improve efficiency or reporting and management of credit risk. Good working knowledge of excel.
Thorough understanding of all the bank’s products and facilities that give rise to counter-party credit risk, including their operational mechanism and source of profitability for the client and the bank, and what constitutes risk in these facilities.
Understanding the terms of the facilities, and any conditions and covenants that will need to be complied with over the duration of the facilities life, in order to manage risk within set parameters.
Knowledge of financial markets and the volatile nature of certain variable security held, as well as the market forces that influence their market value.
Using available information sources and technology to effectively tap information crucial to sound and inform decision making and management of credit related deals.
Thorough conceptual and practical knowledge of credit procedures, policies and standards, as they apply to each situation such as credit applications, bad debts, disputes, obtaining legal assistance and reporting.
Data management skills.
Report writing skills.
How to Apply