STANBIC IBTC BANK PLC RECRUITS GRADUATE CREDITANALYST 2014

STANBIC IBTC BANK PLC RECRUITS GRADUATE CREDITANALYST  2014

Stanbic IBTC Bank is one of the commercial banks licensed by Central Bank of Nigeria (CBN), the national banking regulator. We provider of integrated financial services, pensions and wealth management products and services.

We are recruiting to fill the below job position;

Job Title: Credit Analyst. 

Position 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 / Accountabilities

• Undertake quantitative and qualitative financial analysis to develop a comprehensive understanding of counter party risks for new or increased facilities.  Conduct annual risk reviews and monitor covenants and conditions on the existing portfolio base.

• Understand the Banks internal rating models and their risk drivers, and translate this information into a rating using the correct rating model.

• Develop a basic understanding of lending and derivative products.

• Make 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.

• Follow 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.

• Participate in and remain abreast of market developments.  Stay attuned to industry and market risk developments and trends in relation to counterparty exposures and their impact on the underlying portfolios.

• Daily management, escalation and control of portfolio irregularities.

• Maintain data accuracy in Credit and Bank systems.

• Participate in projects as delegated from time to time.

• Success Indicators
• Take responsibility for the portfolio, effectively prioritising and delivering within agreed turnaround times.

• Proactive engagement in managing key stakeholders, resulting in positive feedback from stakeholders and client satisfaction.

• Gain an understanding of the decisions and recommendations made by Credit Managers.

• Meet targets to conduct annual reviews, thereby limiting the number of overdue reviews within portfolio.

 Qualifications

• Tertiary qualifications preferable
• Prior banking or financial institutions experience advantageous.

How To Apply

Interested qualified candidates should;

Click Here To Apply Online

 Application Deadline Date

7th January, 2014