Senior Credit Manager

We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.

To us, good performance is about much more than turning a profit. It’s about showing how you embody our valued behaviours – do the right thing, better together and never settle – as well as our brand promise, Here for good.

We’re committed to promoting equality in the workplace and creating an inclusive and flexible culture – one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.

The Role Responsibilities

  • Portfolio Management
  • Assist with the formulation of annual Risk Appetite and Portfolio Standards in Zambia & Southern Africa Region through joint sponsorship with the business.
  • Influence and monitor through use of Risk MI/Risk View the shape and composition of the portfolio against approved Standards, and escalate breaches with recommendations for remedial action.
  • To proactively manage the portfolio and improve the quality of the book by growing in acceptable sectors/client segments with top quartile names, acceptable credit grade and risk/reward profile in line with business strategy.
  • To continuously monitor the portfolio through Leading Indicators, 80/20 and other Tail Management initiatives so as to manage down slackening sectors/ individual names.
  • To analyse the portfolio on an ongoing basis to identify exposure/ industry concentration and undertake remedial measures to re-balance the same by preparing the monthly Portfolio Standard Tracker and reporting the breaches.
  • To monitor and identify early warning signs of deterioration on individual names with a view to commence early remedial management of these accounts and thereby minimise loan losses thus directly contributing to bottom line.
  • No accounts going to Gsam without being on Early Alert for a minimum of three months
  • Ensuring that quality of Group Mandates, Business Credit Applications (BCAs)and other credit submissions with regards to completeness and depth of risk analysis.
  • Formulating and continuing approval of Portfolio Standards which is supporting (from credit risk perspective segments)
  • Governance
  • Prepare monthly reports such as Portfolio Standards Tracker.
  • Regularly review audit and CRR reports / KCIs & CSTs and identify key trends.
  • Prepare all the inputs required from Credit Risk to assist the CCRO office.
  • Prepare To stress test the respective country portfolios Zambia and Southern Africa Region as appropriate to manage downside risks.
  • Produce data and analysis/commentary for the Risk Information Report (“RIR”). And portfolio MIS for Zambia and Southern Africa Region
  • Maintain vigilance over data quality and drive ongoing improvement.
  • Support CRC by Monitoring and reviewing the daily excess reports / CMS report (for documentation deficiencies) / monthly RB reports
  • Ensure timely submission of various Credit Risk reports to Finance and Compliance for Regulatory Reporting to the respective Central Banks.
  • Ensure timely submission of data to region on EAR updates ,Local and Group Credit Policy Breaches
  • Ensure that line process owners understand and accept their Risk Management responsibilituies
  • Credit Process Management
  • Ensuring that the quality of Credit Applications meets Group standards, particularly with regard to the completeness and depth of risk analysis.
  • Approving of Credit Applications falling within own discretion and support of applications, which require approval outside the territory.
  • Attending the local Credit Issues Committees for respective countries to review credit related issues.
  • To instill a strong credit culture and provide leadership to RM’s.
  • Assisting relationship managers in identification and managing up or out of accounts exhibiting signs of deterioration and assisting Special Assets Management, where appropriate, in managing substandard accounts to maximise recoveries and minimise losses.
  • Discuss with business and approve daily transaction
  • Support credit requests (Transactions / BCAs / Waivers) to SCO / CCO
  • Supervise all processes where a member of the function is the identified first line process owner
  • Ensure effective management of the operational efficiency and effectiveness of the Function ‘s Management
  • Training
  • Attend all credit trainings and e-Learnings required and needed.
  • Uphold and reinforce independence the independence of the Function f
  • Regulatory and Compliance Management
  • Provide all data required for audit purposes and statutory submissions.
  • Liaise with internal, external and Central Bank auditors for the provision of information and discussions on portfolio quality and management issues as and when required.

Our Ideal Candidate

  • 10+ years’ experience in banking. Functional experience in Corporate Banking, Commercial Bank and Credit Risk Management
  • Minimum Five (05) O’level Credits or better, including Mathematics & English
  • A University Degree in Accounting, Finance or Economics
  • MBA /CA/CFA with experience in treasury/relationship management/consultancy and risk management;
  • Good communication skills – written and oral;
  • Good knowledge and grasp of banking practice, financial markets, Basel II and ICAAP, risk appetite, and portfolio management techniques;
  • Hands on knowledge of the regulatory frameworks within the region;
  • Strong MIS / analytical skills and ability to influence and resolve disputes. Enjoy decision making and have sense of ownership;
  • Multi cultural awareness and sensitivity;
  • Command respect of cross functional peers and business heads working in open ended situations;
  • Good working relations with Regulators.
  • Ability to prioritise and deliver on competitive objectives

How to Apply

Submit your CV and application on company website:

Standard Chartered Bank Zambia Plc
Standard Chartered Bank Zambia Plc
Lusaka
Personal banking
Business banking
Corporate finance
Investment
Loans
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Currently, Standard Chartered Bank Zambia has a total of 25 outlets across the country and 47 automated teller machines (ATMs), with four being electronic banking centres. The bank has a presence in six of Zambia's ten provinces with branches in the Copperbelt, Lusaka, Northern, North Western, Southern and Western provinces. Standard Chartered Bank Zambia offers a wide array of services that encompass personal and business banking, corporate finance, investment, loans and personal life insurance.
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