Team Lead - Loan Booking Unit at Stanbic IBTC Bank

Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa's financial system for 150 years, and now spans 16 countries across the African continent.

Effective risk management is fundamental to the business activities of the Standard Bank Group (group). While we remain committed to increasing shareholder value by developing and growing our business within our broad determined risk appetite, we are mindful of achieving this objective in line with the interests of all stakeholders.

We are recruiting to fill the position below:

Job Title: Team Lead - Loan Booking Unit

Job ID: 12892
Location: Nigeria
Division Group: Risk Management
Employment Type: Full Time - Permanent

Position Description
Job purpose

• To carry out credit procedures, maintain a tight control over all aspects of advance administration, with the primary objective to contain credit risk within acceptable parameters by ensuring accurate and timely booking of all Business Banking deals while ensuring compliance with all conditions as stipulated in the sanction.
• Ensure consistent service delivery, meeting the needs of both existing and new business clients

Key responsibilities

• Review conditions precedent checklist to approve for draw down of all Personal Banking facilities once satisfied that all terms and conditions of sanction/covenants have been met and all required collateral have been obtained and are in legal order
• Ensure the Covenant tracker is updated with all covenants as stated on the sanction document by the CEM before signing off for disbursement.
• Ensure proper follow-up on deferrals items to ensure same are regularized within the stipulated time frame and escalate deviations to Team Lead BB CRM for inclusion in the watch-list report.
• Authorize disbursement of all Personal Banking deals on the Core Banking software.
• Ensure CBN CRMS reporting on all customers with a cumulative exposure of N1 million
• Ensure PAS take-up of all UPLs, VAF and Home loans deal
• Ensure that Credit files are kept in perfect order in line with the CBN’s basic Credit Files requirement.
• Ensure take up and actioning of issues raised on Remedy with respect to personal loans.
• Ensure unverified record exception report is spooled on Cognos daily and loan repayment exception report spooled weekly.
• Responding to queries and resolving issues pertaining to limits loaded on both the Core Banking software and HP&L
• Ensure proper coordination of the team to achieve its objectives
• Any other responsibility assigned by the Unit Head.

Key Performance Measures

• Risk Management
• Maintain a high quality-lending book, through the judicious and effective management thereof.
• Customer service / performance measurement
• Add value to PBB Banking by delivering a prompt, efficient and professional risk management service.

Required Skills and Qualifications
Qualifications:

• B.Sc in any discipline
• Professional qualification such as ICAN, ACCA or Masters will be an added advantage

Experience:

• Minimum banking experience of 5 years, out of which a minimum of three years must be in credit risk management role.
• Analytical with a tolerance for high volumes and problem absorption whilst detailed oriented.

Required Competencies
Technical Competencies:

• The technical skills required for the role will include computer literacy, particularly with Microsoft, Word, Excel and Power Point.

Personal Competencies:
The candidate should as a minimum have the following traits / abilities and personal characteristics:

• Strong interest in Real Estate,
• Good presentation skills,
• Good verbal communication,
• Ability to work under pressure and to tight deadlines,
• Attention to detail,
• Good numeric and analytical skills,
• Ability to handle multiple tasks,
• Result-orientated,
• Effective team player, and
• Highly motivated and energetic

Application Closing Date
25th August, 2015

How to Apply
Interested and qualified candidates should:
Click here to apply online