Job Description

Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities - plus the chance to work alongside some of the sector's most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We're passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.



To assist Business and Credit with the end-to-end remedial management of enterprise wide distressed debt exposures in the Business and Commercial Clients environment, both in house (referred by Account Executives and Credit Evaluation Managers) or under formal Business Rescue proceedings (as per Chapter 6 of the new Companies Act) within assigned Personal-to-Holder mandates. To pro-actively attend to the recoveries process and the protection of the bank's asset base on non-performing loans with values across the entire product spectrum .To proactively represent Business Support and Recoveries at CRC committee level . To innovate and design alternative credit risk management / rehabilitation and recovery methods aimed at optimal efficiency and effectiveness. To reduce the cost of delivery and to conform to end-to-end value propositions . To effectively engage with internal and external stakeholders in order to optimize returns for the Bank. To uphold and maintain the Bank's core values .To provide innovative solutions (involvement of outside consultants, restructuring, recommending sale of non-core assets etc) in an effort to minimise impairments and to retain business.

Qualifications

Minimum Qualifications
Type of Qualification: Tertiary Diploma or Degree (Preferred: Business / Legal / Accounting or related credit / risk qualification).

Field of Study: Business Commerce

Preferred & advantageous: (SARIPA/AIPSA) Restructuring & distressed management

Experience Required
Credit Risk - BCB
Risk & Corporate Affairs
5-7 years

Minimum 6 years experience in a Business & Commercial Banking environment in a Credit / Risk Assessment and Recoveries role.

Additional Information

Behavioral Competencies:

• Making Decisions
• Examining Information
• Exploring Possibilities
• Interacting with People
• Interpreting Data
• Articulating Information
• Documenting Facts
• Upholding Standards

• Analysing and Interpreting Information
• Compliance
• Continuous Learning Skills Development
• Continuous Process Improvement
• Evaluating Risk Management Effectiveness
• Product and Services Knowledge
• Risk Management
• Strategic Planning and Reporting

Standard Bank