Credit Analyst at Stanbic IBTC

Stanbic IBTC's Effective risk management is fundamental to the business activities of the Standard Bank Group (group). While we remain committed to increasing shareholder value by developing and growing our business within our broad determined risk appetite, we are mindful of achieving this objective in line with the interests of all stakeholders.

We are currently recruiting for the Position of:

Job Title: Credit Analyst

Job ID: 10007

Division Group Risk Management

Position Category Credit Risk

Main Purpose of the Job

To assume full responsibility for post-draw down monitoring and control of the Bank's Corporate and Investment Banking portfolio. Overriding objective is to ensure adherence to conditions of approval, facilitate early identification of warning signs and maintain a high quality of lending assets through timely, accurate and effective monitoring of all ongoing conditions.

Required Skills and Qualifications

Knowledge

Good understanding of accounting (both management and financial accounting) to analyse financial strengths and weaknesses of clients and identify potential risks for credit proposals.

Gain thorough working knowledge of the credit risk monitoring systems and its 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 all Corporate Banking products, Investment Banking products and Global market products that give rise to counterparty credit risks, including the documentation required to manage the risk.

Knowledge of financial markets, global economy and appropriate regional geographies in which the Corporate Banking portfolio operates.

Thorough conceptual and practical knowledge of credit procedures, policies and standards.

Qualifications

Bsc in any social science, finance or any other related course.

Prior banking or financial institutions experience is an advantage.

Required Competencies

Attention to detail

Problem solving and ability to make decisions

Customer-centric orientation

Self-starter with a sound work ethic with minimal or no supervision

Strong organisational skills

Strong consulting and portfolio development skills

Good Knowledge of Microsoft Excel and other reporting abilities

Confident and effective communicator (both verbal and written); and

Proactive approach to relationship building and a strong team player

Application Closing Date

19th November, 2012

Method of Application

Qualified and Interested Candidates Should

Click Here To Apply Online