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.

Job Purpose

To assist Business and Credit with the end-to-end remedial management of enterprise wide distressed debt exposures in the CIB, BCC and PPB environment, both in house (referred by Account Executives and Credit Evaluation Managers) or under formal Business Rescue proceedings (as per the Global Credit Policy and License to Lend principles) within assigned Personal-to-Holder mandates.

Key Responsibilities

• 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 represent Business Support and Recoveries at Watch List Committee and CRMC 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.
• Visit customers at their business premises to assess best rehabilitation / workout solution
• To provide innovative solutions (involvement of outside consultants, restructuring, recommending sale of non-core assets etc) to minimise impairments and to retain business.
• Assist conduct stress testing of the portfolios under various scenarios.
• Assist conduct rapid risk reviews for the portfolio.
• Prepare the watchlist packs for various committees.
• Provide support on various portfolio tasks as assigned.

Qualifications

• Degree in Banking & Finance or related field

• 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 represent Business Support and Recoveries at Watch List Committee and CRMC 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.
• Visit customers at their business premises to assess best rehabilitation / workout solution
• To provide innovative solutions (involvement of outside consultants, restructuring, recommending sale of non-core assets etc) to minimise impairments and to retain business.
• Assist conduct stress testing of the portfolios under various scenarios.
• Assist conduct rapid risk reviews for the portfolio.
• Prepare the watchlist packs for various committees.
• Provide support on various portfolio tasks as assigned.

• Degree in Banking & Finance or related field