Reporting to the Executive Head, Business Origination & Corporate Services, this position carries responsibility for credit packaging and risk management process in respect of Corporate portfolio by developing and maintaining co-operative relationships between all the contributors in the credit value chain. The main purpose is evaluation of counter-party credit risks associated with the bank’s wholesale lending and investment activities with the primary objective to contain credit risk. This position carries leadership responsibility for Business Origination managers.
Key Responsibilities
Evaluation and Approval of Credit Applications:
- Evaluation of credit appetite including appropriateness of structure considering application, tenor, risk versus return relationship, and the evaluation of effectiveness of risk mitigants.
- Deliver well thought out decisions showing sound judgement where applications are within delegated sanctioning
- Effective provision of analyses and recommendations where applications require
- Analysis of credit applications to assess whether the credit risk is in line with the Bank’s Credit Appetite and relative to the profitability of the deal.
- A good understanding of the Risk/ Reward for each deal
- Achieve 100% compliance with lending policy guidelines and other governance
- Compliance: Responsible for the implementation and adoption within Corporate Credit, of all Compliance, Anti-Money Laundering and Sanctions related requirements contained in policies, procedures, and This includes the consideration and approval of customers including those that require being subjected to Enhanced Due Diligence for on boarding and continued business.
- Support the Corporate business units to deliver world class service to our external Assist relationship managers in negotiating term sheets with clients ensuring that the deal structure, conditions, and covenants conform to the overall credit requirements of the bank.
Management of Risk in Existing portfolio.
- Managing credit risk through measurement of the distribution of actual and expected credit losses, sector concentration and credit risk migration-based probability of default, exposure at default and loss given default parameters.
- Identifying and managing existing high-risk accounts and undertaking the necessary corrective action when the risk profile threatens to become unacceptable.
- Involvement in accounts monitoring process where necessary.
- Informing of developments including the status of and plans for existing troubled accounts, industry risk profiles and shifts in risk grading of clients.
On-going Credit Management:
- Overall management of the portfolio of accounts with appropriate escalation were
- Strong compliance management (monitoring of ongoing legal compliance requirements) with appropriate escalation where necessary
- Monitoring, questioning, and understanding changes in credit quality in any counterparty/industry.
- Making recommendations to the Credit and Business teams regarding industry trends and the implications for managing the credit facilities of clients in those industries.
Management Reporting
- Informing of developments including the status of and plans for existing troubled accounts, industry risk profiles and shifts in risk grading of clients.
- High level of credibility in respect of recommendations and decisions
- The ability to coordinate and manage the credit origination and evaluation process to meet acceptable turnaround
- The ability to provide constructive workable guidance to Credit and Business
- The ability and confidence to exercise delegated authority independently whilst still maintaining balance in finding alternatives in order to make deals work (if possible) and in so doing, add value to the deal making process.
- The ability to manage the book to meet set portfolio parameters to ensure quality in the
- The ability to take a balanced approach towards risk/reward with effective risk Mitigation as opposed to a risk minimization
The Person
For the above position, the successful applicant should have the following:
- University Degree from a recognized institution.
- Possession of Postgraduate Qualifications in a relevant field from a recognized institution/ Professional Banking qualifications that are Credit/Risk Related including CPA, ACCA, AKIB, CIMA etc. will be an added advantage.
- A solid background in corporate credit, minimum 7 years at decision making level, preferably with a track record of operating with a personal delegated authority in corporate environment.
- Minimum 5 years’ experience in the application of extensive credit management, preferably in a Corporate and Investment Banking environment with proven ability to understand businesses, funding, and capital management issues.
- Ability to collate and compile appropriate set of financial and business information to quantify and evaluate the risks and benefits of a business proposal
- Ability to establish the risk profile of a counterparty and incorporate contextual industry risks in a credit application.
- Working knowledge of risk analysis and risk monitoring in particular the analysis of financial behaviour of businesses, identification of trends and shifts in credit risk profiles of business
- Practical understanding of bank’s products and lending facilities that give rise to counter party credit risk.
- The ability and confidence to operate and make decisions independently whilst still operating as an effective team player.
The above position is a demanding role for which the Bank will provide a competitive remuneration package to the successful candidate. If you believe you can clearly demonstrate your abilities to meet the criteria given above, please log in to our Recruitment portal and submit your application with a detailed CV.
To be considered your application must be received by Friday 16th May 2025
Qualified candidates with disability are encouraged to apply.
Only short-listed candidates will be contacted.
