Manager, Credit Risk Control New Job Dar es salaam at Standard Chartered Bank | Deadline: 21st February, 2019

SHARE WITH FRIENDS WHATSAPP
WARNING
Beware of Job Scammers!
Please Never Pay Money To Get A Job!

AJIRALEO
AJIRALEO
Jobs in Tanzania: Manager, Credit Risk Control New Job Dar es salaam at Standard Chartered Bank | Deadline: 21st February, 2019
AJIRA TANZANIA / NAFASI ZA KAZI
Position: Manager, Credit Risk Control - Documentation Unit - (1900002960)
Job: Risk
Primary Location: Africa & Middle East-Tanzania-Dar es Salaam
Schedule: Full-time
Employee Status: Permanent
Posting Date: 06/Feb/2019
Unposting Date: 21/Feb/2019

Description
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It’s about showing how you embody our valued behaviors
  • do the right thing, better together and never settle – as well as our brand promise, Here for good.
We’re committed to promoting equality in the workplace and creating an inclusive and flexible culture – one where everyone can realize their full potential and make a positive contribution to our organization. This in turn helps us to provide better support to our broad client base.

JOB PURPOSE
  1. To handle Credit Documentation for CB/CIB Tanzania by doing the following:-
  2. Provide high level quality support to Credit Approvers, Relationship Managers and related officers in the Business Unit while providing some independent control over the credit process.
  3. Review / prepare Credit documentation in line with approved BCA
  4. Issuance of Banking Facility Letters upon receipt of approved BCA ensure, observing TAT and high standards of accuracy.
  5. Liaisons with external service providers on security documentation process and ensure securing documentation and conditions have been perfected/completed prior to drawdown of facility (unless waiver held).
  6. Maintain & Update security documentation accurately in the Collateral Management System (CMS).
  7. Issuance of SCC on receipt of last outstanding Security document as per the TAT.
  8. To embed the Bank’s AML-CDD procedures for all borrowing relationships.
  9. Maintain service quality standards towards Bank’s out serve initiative.

KEY RESPONSIBILITIES
1.To prepare and issue final (clean type) Banking Facility Letters for dispatch within TAT.
Issue SCC within TAT of receipt of last outstanding item.
3.To follow- up directly with underwriters on the related renewals and topping- up of Insurance or seeking valuation reports/top- up of cash shortfalls for continued compliance with securing documentation.
Issue deficiency reports upon receipt of BCA/Accepted BFL.
Embed AML-CDD procedures to all borrowing relationships (refer existing checklist).
To instruct and follow up Bank’s external lawyers in the preparation of non-standard documentation.
Processing of incoming documents up to custodian function.
To maintain accurate and complete records in CMS/files for all security documentation.
Processing of instructions by business for limit realignment.
To generate reminders to Corporate/Personal guarantors on their contingent liability to the Bank biannually.
Support the Bank’s “Here for Good” brand promise and enhance the Bank’s profile on corporate social responsibility by participation in community projects
Ensure proper vault management as a vault combination back-up for CRC-CDM
Perform any other task as directed by the line manager in supporting unit functions.
Attend all relevant governance meetings including Executive Risk Committee (ERC), Credit Issue Committee (CIC)
Read Also:
NEW TANZANIAN JOBS OPPORUNITIES 2019 (380+ POSTS)


EXPERIENCE / KNOWLEDGE REQUIRED
-Good knowledge on Bank’s products and services.
-Good working knowledge of the operation of other departments. -Good working knowledge on companies Act and legal requirements for perfection of security documentation.
-Good supervisory and management skills.
-Good legal background
-Good working knowledge of Collateral management system. -University Degree in Law.
Apply now to join the Bank for those with big career ambitions.