Posted on :
26 Feb, 2010
26 Feb, 2010
Stanbic IBTC Bank PLC offers its clients a wide range of corporate, investment, business and personal banking products and solutions. With over 60 branches across the country and over 1500 dedicated staff, the bank is positioned to take care of your banking requirements. Stanbic IBTC recruits Head, Credit CIB
Job Position Description
MAIN PURPOSE OF JOB:
To oversee the entire Credit function for CIB in Nigeria, which would include responsibility for maintaining a high standard of lending assets through proper origination, control and administration of the exposures, staffing of the CIB Credit function with appropriate skills for the type of business, monitoring the exposures, governance issues, implementing CIB Credit Policies and partnering business in originating, growing and maintaining a sustainable Banking and Trading book.
Maintaining and improving the quality of lending books
Minimising credit losses
Partnering Business in the sustainable growth of their respective wholesale books.
Supporting, monitoring, coaching and mentoring staff with a view to retaining talent.
Ensuring compliance with all policy guidelines
Ensuring compliance with Money Laundering Controls and training of staff in this regard.
Providing functional and efficient operational support systems
Identifying and initiating personal development needs and learning experience, as well as business unit development/training needs
Participation in EXCO, ALCO and Interest Rate committees and attending Board Audit Committees as necessary
Interviewing customers with general management, as required
Developing staff skills/competencies in technology and knowledge.
Ensuring a high standard of analysis, risk identification and mitigation in the origination of credit.
Understanding the risk/return of transactions and ensuring together with Business that the Bank is adequately compensated for the risk.
Accountability for internal and external audit discrepancies and rectification of these.
Ensuring Governance procedures are followed.
Ensuring excesses are actioned.
Ensuring that reviews of counterparties are done and arrear reviews minimised.
Ownership of Credit NPL and Roll Forward numbers and provisions.
Recommending system enhancements and improvements to aid the credit process and working with Head Office in the implementation of these systems.