Credit Manager - Credit Risk Management at Standard Bank Group

JOB DESCRIPTION

• To 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 as well as managing a team of other Credit Analysts.

Key Responsibilities: 

• Demonstrate complete ownership and thorough understanding of the risk profile of the credit portfolio allocated.
• Formulation and recommendation and/or evaluation of credit proposals, with a comprehensive risk assessment for new or increased facilities, as well as annual risk reviews on the existing portfolio base. This will usually entail visiting the customer and engaging at MD (Managing Director), FD (Financial Director) or FM (Financial Manager) level, and where necessary.  Present applications to Credit committees consisting of Exco members.
• Coordinate and ensure that the post-approval implementation of facilities and legal documentation is in accordance with the conditions of sanction.
• Undertake quantitative and qualitative financial analysis to develop a comprehensive understanding of counter party risks for new or increased facilities.  Conduct annual risk reviews on the existing portfolio base.
• Make timeous, sound and pragmatic recommendations and decisions in managing accounts within portfolio.

QUALIFICATIONS

• Minimum QualificationsType of Qualification: Degree: Business Commerce and/or Risk Management

Experience Required

• Risk & Corporate Affairs
• Credit Risk
• Experience Required: 3-4 years
• Thorough conceptual and practical knowledge of credit procedures, policies and standards, as well as a thorough understanding of products and facilities that give rise to counterparty credit risk. Understanding of Basel and broader regulatory and compliance requirements.
• Investment Banking
• General Management 
• Experience Required: 3-4 years
• Good 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 & Corporate Affairs
• Market Risk / Trading Market Risk
• Experience Required: 1-2 years
• Well developed knowledge of financial markets, global economy and appropriate regional geographies in which portfolio operates.

ADDITIONAL INFORMATION
Competencies:

• Exploring Possibilities
• Examining Information
• Interacting with People
• Establishing Rapport
• Making Decisions
• Directing People
• Conveying Self-Confidence
• Team Working
• Meeting Timescales
• Upholding Standards
• Risk Measurement
• Risk/ Reward Thinking
• Risk Management
• Risk Identification
• Managing Tasks
• Checking Details