{"id":3224,"date":"2010-02-26T00:05:29","date_gmt":"2010-02-25T23:05:29","guid":{"rendered":"https:\/\/joblistnigeria.com\/?p=3224"},"modified":"2014-01-11T21:24:20","modified_gmt":"2014-01-11T20:24:20","slug":"stanbic-ibtc-business-support-mgr","status":"publish","type":"post","link":"https:\/\/joblistnigeria.com\/stanbic-ibtc-business-support-mgr.html","title":{"rendered":"Stanbic IBTC Nigeria Vacancies: Business Support Mgr"},"content":{"rendered":"

\"\"<\/a>Stanbic IBTC Bank PLC<\/strong> continues to play a significant role in some of the largest capital markets deals not only in Nigeria but in the continent as well.\u00a0 Stanbic IBTC Bank PLC was involved with Standard Bank London and Afrinvest as lead arrangers of the historic $350 million Eurobond issue for GT Bank. Stanbic IBTC recruits a Business Support and Recovery Manager<\/strong><\/p>\n

Job Position Description<\/p>\n

MAIN PURPOSE OF THE JOB:
\nTo assume full responsibility and accountability of the total portfolio of potential and existing non-performing loans under the control of CIB Credit of Stanbic IBTC Bank Plc to ensure deployment of effective recovery strategies through the introduction of best practice and maintaining appropriate and uniform recovery policies and practices across all portfolios. To work with the appropriate Business Units and Credit team to establish and implement strategies to minimize NPLs. \u00a0This is achieved through the establishment of the Country Watchlist Committee and thereafter through the Watchlist Process where BS&R actively assists and oversee the Watchlist strategy with the Business Unit.<\/p>\n

KEY RESPONSIBILITIES:
\nCompliance with statutory, regulatory and supervisory requirements, to protect the reputation of the Group and to avoid legal action\/sanction in respect of regulatory compliance matters.
\nUtilising effective recovery strategies to recover money on all written off accounts either in-house or by out-sourcing.
\nControl and maintain credit policies and procedures.
\nReport to Head of CIB Credit on changes and results on NPL accounts.
\nLiaise with business partners on monitoring of accounts in early stages of delinquencies.
\nIncreasing awareness amongst staff of legislation and developments applicable to the business.
\nTo monitor, manage and control within budget or alternatively within agreed guidelines: provision adequacies, recoveries on bad debt, out-sourcing and operational expenditures.
\nKeep records of agreed terms with external recovery agents.
\nRendition of periodic reports on NPLs.
\nTo liaise with relevant units in ensuring adequacy of loan loss provisions in line with CBN regulations and Group standard.<\/p>\n

Click here to Apply for Stanbic IBTC Jobs in Nigeria<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Stanbic IBTC Bank PLC continues to play a significant role in some of the largest capital markets deals not only in Nigeria but in the continent as well.\u00a0 Stanbic IBTC…..<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[11],"tags":[303],"jetpack_publicize_connections":[],"yoast_head":"\nStanbic IBTC Nigeria Vacancies: Business Support Mgr - Jobs in Nigeria<\/title>\n<meta name=\"description\" content=\"Stanbic IBTC Bank PLC continues to play a significant role in some of the largest capital markets deals not only in Nigeria but in the continent as well.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/joblistnigeria.com\/stanbic-ibtc-business-support-mgr.html\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Joblist Nigeria\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/joblistnigeria.com\/stanbic-ibtc-business-support-mgr.html\",\"url\":\"https:\/\/joblistnigeria.com\/stanbic-ibtc-business-support-mgr.html\",\"name\":\"Stanbic IBTC Nigeria Vacancies: Business Support Mgr - 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