Credit Evaluation Manager (Commercial) at Stanbic IBTC Bank

Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa's financial system for 150 years, and now spans 16 countries across the African continent.Standard Bank is a firm believer in technical innovation, to help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely flexible and vibrant working culture. To help us drive our success into the future, we are looking for resourceful individuals to join our dedicated team at our offices.Credit Evaluation Manager (Commercial)Job TypeFull Time  QualificationBA/BSc/HND   MBA/MSc/MA  Experience7 yearsLocation LagosJob FieldBanking   Job DetailsGroup Risk Management: understanding all risks – from the economic to the political – that could affect our global business, and offering guidance to all parts of the bankJob PurposeTo provide effective value adding risk management to assist Business Banking in achieving their asset growth targets, whilst maintaining a quality-lending book, through effective underwriting, evaluation and approval of credit applications.Providing effective value adding risk management to assist Business Banking in achieving their asset growth targets and ensure the effective assessment of risk with respect to lending and related activities across all branches, expert and private banking.The delivery of a professional service to all business units, by assessing and evaluating credit facilities (new and/or existing) based on sound credit & financial principles, whilst adhering to the Bank’s group credit risk standards, maintaining credit independence and managing risk reward balance.Key Responsibilities/AccountabilitiesKey ResponsibilitiesEvaluate accurately credit proposals to ensure they meet sound business criteria and credit risk fall within acceptable parameters within approved turnaround times.  Identify, quantify and evaluate credit risks in relation to profitability of business proposals and financial viability of Business banking credits.Process credit applications and ensure timely and quality credit assessments and decisions are made.Build relationship with Regional, branch managers and Business Banking managers to improve quality of business proposals and turnaround time on credit evaluations.Detect and evaluate shifts or changes in key risk parameters and evaluate the implications of such changes on continued banking relationship.Monitor watch lists process to ensure that irregular accounts are identified early and accounts identified as high risk are being managed effectively in terms of agreed action plans.Review of relevant internal & external communications, such as circulars, economic reviews on industries, & financial or industry publications to ensure that any development, new requirements or external risks are properly taken cognizance of in lending decisions or conditions of lending.Monitor the risk grading of all Business Banking customers using BBRSOverseeing the spreading of financial statements for Business Banking customers using Spread Pac.Ensure proper documentation and monitoring of all processed credit filesCarry out other functions that could be assigned on daily basis in addition to present roles.Liaising with Legal department on credit related issues.Key Performance MeasuresGood quality asset book in the Commercial space.Asset growth in the Commercial space.Improvement in rework, decline and approval rate in the Commercial spaceReduction in credit losses in the Commercial space.Contribute to Pre-Impaired and Impaired portfolio within agreed budget in the Commercial space.Internal and external relationships

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