Manager PBB Credit Evaluation

Manager PBB Credit Evaluation
GRADE : SBG 12
REPORTING : HEAD OF PBB CREDIT
DEPARTMENT : PBB CREDIT
CLOSING DATE : 27th June 2014

PURPOSE OF JOB:
To provide effective value adding risk management to assist Personal and Business Bank in achieving their asset growth targets, whilst maintaining a quality lending book, through judicious and effective management thereof. The delivery of a professional service to the business units, by assessing and evaluating credit facilities (new and/or existing) based on sound credit & financial principles which supports the minimising of risk to the bank. Such service to the business units also includes training & guidance with the provision of alternatives to maximize the required growth of the debtor book with sound & intuitive lending as well as to take timeous corrective action, minimising the probability of default and/or write-off where deterioration of circumstances has been identified.
KEY RESPONSIBILITIES:
• Evaluates whether proposals meet sound business criteria and credit risk falls within acceptable parameters, approve and recommends appropriate credit facilities including terms or conditions of facilities.
• Identifies, quantifies and evaluates sources of risk in relation to profitability of business proposals and financial viability of Personal and Business clients as a whole, interrogates/probes.
• Utilizes Industry risk analysis available to identify and understand contextual threats to existing and potential clients.
• Ensure timely and quality credit assessment and decision are made.
• Manage adherence to the service level agreement that have been concluded.
• Builds relationship with Branch Managers and Account Analysts to improve quality of business proposals and turnaround time on credit evaluations.
• Detects and evaluate shifts or changes in key risk parameters and evaluate the implications of such changes on continued banking relationship.
• Actioning of the referral report and make decisions to pay or not based on the reason for excess and source of adjustment, the terms of sanction in existence and the risk to which the Bank is exposed.
• Issuing of sanction letters, clearly stating the conditions and requirements of the lending.
• Actively hind-sighting lending decisions to ensure that correct procedures are being followed in the approval of facilities, which will prevent new NPL’s.
• Regular perusal of relevant internal & external communication, such as fanouts, circulars, economic reviews on industries, & financial or industry publications to ensure that any development, new requirements
or external risks are properly taken cognisance off in lending decisions or conditions of lending.
• Staff training internally (credit staff) and externally by supporting POR staff with the emphasis on the requirements to make a meaningful assessment of the credit risks involved.

REQUIREMENTS:
Knowledge, experience and competencies
• Detailed understanding of accounting, including both management and financial accounting
• Understanding of all the bank’s products and facilities that give rise to counterparty credit risk
• Excellent verbal and written communication
• Attentive to detail
• Resilient
• Integrity and maintaining a high level of trust
• Highly customer centric
• Computer skills (Excel, Microsoft Word and Powerpoint) are required for the position
• Presentation skills are an added advantage
Qualification and Experience
• The successful candidate must be a holder of a B Com. Accounting or General Accounting or any other relevant commercial degree.
• Banking experience, particularly pertaining to credit risk management, banking processes with regard to banking products and the operations thereof.
• A minimum of five years in a managerial role.

Interested and suitable candidates are invited to send their CVs to the Human Capital Office by e-mail at: slbjobs@stanbic.com on or before, 27th June 2014.
Should you not receive feedback within 2 weeks of the closing date, please consider your application unsuccessful.
Only short listed candidates will be contacted.