Tuesday 27 February 2024

Head, Credit, PPB at Stanbic Bank February 2024

  AjiraLeo Tanzania       Tuesday 27 February 2024
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Standard Bank Tanzania Jobs 2024
Head, Credit, PPB
Manager, Asset & Liability at Stanbic Bank February 2024
Job Overview
Business Segment: Group Functions
Location: TZ, undefined, Dar es Salaam, undefined
Job Type: Full-time
Job ID: 80385613
Date Posted: 2/27/2024

Job Description
  • To build maintain and manage the end-to-end credit operation for Personal & Private Banking, Credit in Tanzania incorporating all aspects of the credit life-cycle. Responsible for day-to-day management of PPB Credit processes and people.
  • Deliver a professional service against specific process measures aligned to the credit risk management KRAs and agreed SLA with all Business units.
  • Developing an efficient and effective recovery strategy for the PPB portfolio.
  • To lead and guide a team responsible for the execution of the standard processes for Originations & Evaluation, Account Management & Collateral, Rehabilitation & Recoveries.
  • To provide input into the development , roll out, monitor and agile adjustment digital lending strategies and transformation.
  • Approval of credit within delegated authority.
  • To actively participate in Credit risk management committee meetings and watch list committee meetings and to provide meaningful input into risk appetite discussions, portfolio management and collections strategies as well as detecting and evaluating shifts or changes in key risk parameters and the effects of such changes on portfolios and relationships.
  • Deploy capacity planning models to ensure adequate staffing to support growth and ‘business-as-usual operations.’ Where changes to capacity are required to improve adherence to credit policy / improve customer experience / etc, take appropriate action.
  • Evaluating credit capabilities within the team and recruit, retain develop and deploy people with energy passion and the appropriate technical competencies and skills.
  • To actively monitor appropriate metrics across the credit life-cycle to ensure that the origination, evaluation, credit risk monitoring and rehabilitation and recoveries functions meet the highest standards in accordance with laid down policies and procedures and to guide and coach the respective teams on the best credit practices.
  • To ensure that all internal and external reporting is completed accurately, on time and that appropriate value adding insights into the portfolio are provided so that both internal and external users of information have a deep and appropriate insight into the quality of the portfolio and the appropriateness of the processes.
  • Understand the full cost of credit for the PPB credit function
  • Deliver robust, transparent and predictable credit losses within an agreed total cost (‘budget’) and ‘cost of credit’ framework.
  • Regularly review process effectiveness and efficiency and provide feedback to in-country management on a regular basis.

Qualifications
Minimum Qualifications
  • Type of Qualification: First Degree
  • Field of Study: Business Commerce
Read Also:
Experience Required
Credit Risk – BCB

Risk & Corporate Affairs
More than 10 years
Experience in analytical work (ideally in Credit Risk). Experience in managing a credit portfolio; managing credit risk. Understanding of the credit value chain.
  • A thorough knowledge and understanding of credit facilities and loan advances, lending criteria, credit policies, risk and financial analysis, credit control and the application thereof in developing markets.
  • Credit analysis and risk management.
  • Working knowledge of the banks operating system.
  • Portfolio analysis and management.
  • Credit Collections ,Recoveries & Rehabilitation
  • Understanding of collateral and Country law and business practices and to apply this knowledge without compromising group standards or policies.
  • Understanding of rehabilitation and recoveries and the value extraction advantage of maintaining actual credit to less than expected credit losses.
  • “Three C’s of Intuitive Lending” + Scored Lending fundamentals + Account Management Practices + Rehabilitations & Recoveries Practices.

Additional Information
Behavioral Competencies:
  • Adopting Practical Approaches
  • Articulating Information
  • Developing Expertise
  • Documenting Facts
  • Examining Information
  • Exploring Possibilities
  • Interpreting Data
  • Making Decisions
  • Providing Insights
  • Taking Action
  • Team Working
  • Upholding Standards

Technical Competencies:
  • Coaching and Mentoring
  • Evaluating Risk Management Effectiveness
  • Loan Assessment & Approval
  • Loan Processing
  • Performance Management
  • Risk/ Reward Thinking
  • Statistical & Mathematical Analysis
  • Strategic Planning and Reporting
Please note: All our recruitment processes comply with the applicable local laws and regulations. We will never ask for money or any from of payment as part of our recruitment process. If you experience this, please contact our Fraud line on +27 800222050 or TransactionFraudOpsSA@standardbank.co.za
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