Posted on :
6 Jan, 2014
Stanbic IBTC Bank is one of the commercial banks licensed by Central Bank of Nigeria (CBN), the national banking regulator. We are recruiting to fill the below job position;
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.
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.
Required Skills and Qualifications
Tertiary qualifications preferable
Prior banking or financial institutions experience advantageous.
How To Apply