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About US:
Stanbic Bank Uganda Limited is a subsidiary of Stanbic Africa Holdings Limited which is in turn owned by Standard Bank Group Limited (“the Group”), Africa’s leading banking and financial services group. The Standard Bank Group is the leading banking group focused on emerging markets. It is the largest African banking group ranked by assets and earnings. Stanbic Bank Uganda Limited is the largest bank in Uganda by assets and market capitalization. It offers a full range of banking services through two business units; Personal and Business Banking (PBB), and Corporate and Investment Banking (CIB).
Job Summary: The Credit Analyst will 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 Duties and Responsibilities:
- Tasked with making recommendations to the Credit Head regarding portfolio strategies (Country and Industry trends and the strategic implications for managing the credit facilities of clients in those geographies and industries)Monitoring, questioning and understanding changes in credit quality in any counterparty/industry
- Understand the Banks internal rating models and their risk drivers, and translate this information into a rating using the correct rating model.
- 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.
- 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.
Qualifications, Skills and Experience:
- The applicant for the Stanbic Bank Credit Analyst job must hold a business degree, credit knowledge
- Three years of working experience in credit analysis, Finance or accounting in a busy environment.
- Good understanding of accounting (both management and financial accounting) to analyse financial strengths and weaknesses of clients and identify potential risks to credit proposals.
- Gain thorough working knowledge of the risk systems for monitoring and related procedures for analysing the account behaviour of clients and identifying trends and shifts in credit risk profiles.
- Ability to understand products and facilities that give rise to counterparty credit risk and appropriately documenting these risks.
- Basic understanding of vanilla lending and derivative products and facilities that give rise to counterparty credit risks, including the documentation required/presented to manage that risk.
- Understanding of Basel and broader regulatory and compliance requirements.
- Gain awareness of other Risk types, ie. Operational, Market and Country Risk.
- Knowledge of financial markets, global economy and appropriate regional geographies in which portfolio operates.
- Thorough conceptual and practical knowledge of credit procedures, policies and standards.
How to Apply:
All candidates who wish to join the one of Africa’s biggest Banking Groups, Standard Bank in the aforementioned capacity are encouraged to Apply Online by visiting Link below.
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