Team Leader , Credit Risk Management at Standard Bank Group

JOB DESCRIPTION

• Leads a multi-disciplinary team of Credit Risk Managers (CRMs) & Credit Risk Officers (CROs) who effectively and pro-actively manage credit losses through excellent credit risk management in respect of lending portfolios across products and segments (Business, Agriculture, Entrepreneur, Lifestyle) and supports Business and Commercial Banking (BCB) in achieving their asset growth targets.
• Supports and proactively leads the team to support business partners and ecosystem methodology in understanding and meeting client lending needs.

Account and Limit management

• Ensures that team of Credit Risk Managers and Credit Risk Officers adhere to the policies and guidelines as regards verifying pre- and post- conditions of sanctions, loading of limits, rehabilitation and regularisation of irregular accounts and actioning of various risk management reports.
• Ensures terms of sanction are met by verifying Pre-Conditions as per Credit Sanction for high value / complex facilities or as required by the credit evaluations in the sanction.
• Regularises agreements, ensuring they are correctly signed, and regulatory requirements are met (outside of CRO/CRM mandate or for complex, high value or non-standard facilities).
• Manages overdue Post Conditions (once-off and ongoing), proactively engaging relationship managers and credit evaluation managers to resolve outstanding conditions. Identifies accounts or risk groups where there are indications of financial stress or declining trends.

High Risk and Distressed Account Management

• Proactive, active & continuous management of Monitoring and Watchlist Accounts for discussion in the monthly Credit Risk Committee meetings.
• Ensures that team actions Damage Control report / Client Health Check to identify distressed clients or accounts which need rehabilitative actions.
• Proactively initiates and agrees an action plan / rehabilitation / restructure strategy with Credit Evaluation Managers and Relationship Managers.

Collateral Management

• Ensures that appropriate processes are adhered to for collateral release post approval by Credit Evaluations. 
• Manages various requests such as requests to change, amend or release collateral.
• Ensures collateral is verified against the Securities Management Systems records when preparing agreements.

Agreement Preparation

• Ensures team has the relevant skills to correctly prepare Business Term Loans, Medium Term Loans, Overdraft and Business Revolving Credit Plan agreements, as well variation to these agreements in line with Sanction document from Credit Evaluation Manager (CEM) or Credit Evaluations Officer within delegated mandate and policies.
• Reviews compliance documents to ensure borrower has necessary capacity to execute the agreement.

QUALIFICATIONS

Minimum Qualifications

•  B/Comm Accounting, Financial Management, Credit Risk Management or Law 

Experience Required
5-7 years

• Good knowledge and understanding of Risk Management, Collateral and Collection processes within the banking environment. Knowledge of products as offered by SBSA across segments.
• Deep knowledge of various legislative requirements, particularly as it pertains to credit agreements, loan documentation, legal processes, and the variety of lending mechanisms & types of collateral that may be used.
• Thorough understanding of relevant registration processes and various contingencies that may occur under exceptional conditions particularly pertaining to the assets of large corporate organisations
• People Management experince is essential 

ADDITIONAL INFORMATION

Behavioral Competencies:

• Adopting Practical Approaches
• Empowering Individuals
• Examining Information
• Exploring Possibilities
• Generating Ideas
• Interacting with People
• Interpreting Data
• Making Decisions
• Pursuing Goals
• Team Working
• Understanding People
• Upholding Standards

Technical Competencies:

• Account Opening & Maintenance
• Application & Submission Verification (Business Banking)
• Credit Delivery
• Customer Acceptance & Review (Business Banking)
• Loan Processing
• Product Knowledge (Business Banking)
• Product Related Systems (Business Banking)