Counterparty Corporate Credit Analyst - CIB at Standard Bank Group

JOB DESCRIPTION

• Manage a portfolio of counterparty credit risks associated with lending, trading, and investing activities, with the primary objective of assessing and managing risk within acceptable parameters.

Key Responsibilities:

Complete effective financial analysis of counter party credit risks.

• Undertake quantitative and qualitative financial analysis to develop a comprehensive understanding of counter party risks for new or increased facilities.  This may include, the analysis of the essential elements of risk such as; assets, threats, vulnerabilities, safeguards, consequences and the likelihood of the threats materialising.
• Conduct annual risk reviews of counterparties and monitor covenants and conditions on the existing portfolio base.

Formulate Rating Models to determine Risk Grades.

• Understand the Banks internal rating models and their risk drivers, and translate this information into a rating using the correct rating model.
• Use variable to determine the correct risk grade, which impacts the conditions and covenants that are put in place should credit be granted.

Provide recommendations of lending and derivative products.

• Provide recommendations and exercise judgement, sanctioning excesses within Delegated Authority limits.
• Coordinate and ensure that the post-approval implementation of facilities and legal documentation is in accordance with the conditions of sanction by liaising with credit and legal, and by reviewing inputs on Adaptiv by Credit Ops team.
• Manage portfolio actively by following up and address non-adherence to terms and conditions of sanction by counterparties.  Consider the inherent risk therein and make recommendations to regularise or mitigate such increased risk.
• Follow guidelines and processes when managing non-performing loans.
• Support and drive watchlist names to be remedied or managed.

QUALIFICATIONS

Minimum Qualifications: Degree in Business Commerce, or Risk Management, or Finance, or Engineering & BSc
Experience Required
Risk & Corporate Affairs

• Credit Risk - CIB

Experience Required: 1-2 years

• Thorough conceptual and practical knowledge of credit procedures, policies and standards. Ability to understand products and facilities that give rise to counterparty credit risk and appropriately documenting these risks. Understanding of Risk and broader regulatory and compliance requirements.

Investment Banking

• Debt Products

Experience Required: 1-2 years

• Basic understanding of vanilla lending and derivative products and facilities that give rise to counterparty credit risks, including the documentation required/presented to manage that risk.

Risk Management

Experience Required: 1-2 Years

• Knowledge of financial markets, global economy and appropriate regional geographies in which portfolio operates.