Job Holder is primarily responsible for delivering credit support solutions to the Corporate Banking coverage team. Specifically, assist line manager / unit in the core deliverables of Client Credit Management by:
· Creating credit spreads and calculations on financial statements and related information for new to bank and existing clients using relevant systems and software.
· Performing comprehensive analysis of new credit requests, credit change requests, renewals and annual reviews in co-ordination with the Senior Relationship Manager in the Front Office.
· Developing in-depth knowledge of the sector they are supporting.
· Preparation of various types of Credit Applications and related summary term sheets.
· Raising of waiver requests stemming from deviations to bank policies, standards and procedures (e.g., Wholesale Banking Policy, Credit Policy and standards, Credit/ Legal Documentation Policy etc.) approved conditions and covenants (includes conditions precedent and subsequent).
· Earmarking of limits and subsequent reinstatement or lapsing (as appropriate)
· Structuring of credit facilities and related transactions.
· Building and maintaining a portfolio-wide database to capture the day-to-day management of Approval conditions and agreed covenants.
· Tracking and reporting of all unit related deliverables, KPI’s and KRI’s
· Ensuring Facility and Security documentation are prepared in accordance with credit approvals, Credit/Legal Documentation policy and Department procedures.
· Ensuring follow-up and satisfaction of conditions precedent and subsequent to facility utilization.
· Tracking and reporting the status of conditions precedent and subsequent documents and highlight exceptions to line manager.
· Preparation of periodic reports as well as any MI reports for the department.
Job Requirement
Knowledge
· Ability to solve problems and escalate to higher levels (as appropriate) and get along with people amicably.
· Good understanding of Wholesale banking products.
· Good knowledge and understanding of Credit, AML and Operations management.
· Fair working knowledge of Loan Documentation, Syndication Loan Structures, Commercial Contracts, Trade Finance, Credit Risk, KYC and Banking terminology including standard loan covenants.
· Good background in performing credit analysis of Corporations.
Solid computer skills with capability to use spread sheets, graphic and presentation packages to review and create professional materials
Education
· Suitably educated, preferably with a bachelor’s degree in economics/commerce/finance. Professional Degrees (an added advantage)
Experience
Minimum of 3-5 years’ experience in a similar function, credit or audit with large regional or global financial institution(s)
