Team Leader: Credit Risk

Standard bank - Cape Town
new offer (14/08/2020)

job description

Overview Job ID 48421 Job Sector Banking Country South Africa Region State Province District Western Cape Location Cape Town Job Details Risk Management understanding all risks from the economic to the political that could affect our global business and offering guidance to all parts of the bank Job Purpose Leads a multi-disciplinary team of CRMs CROs who effectively and pro-actively manage credit losses through excellent credit risk management in respect of lending portfolios across products and segments Personal Lifestyle Entrepreneur Business and Agri and supports Personal and Business Banking PBB in achieving their asset growth targets Supports and proactively leads the team to support business partners and ecosystem methodology in understanding and meeting client lending needs ultimately supporting the Universal Financial Services Organisation aspiration Key Responsibilities Accountabilities Account and limit management Ensures that team of CRMs and CROs adheres to the policies and guidelines as regards verifying pre- and post- conditions of sanctions loading of limits rehabilitation and regularisation of irregular accounts and actioning of various risk management reports Manages a high risk high value or complex portfolio of risk groups for which the accounts management duties will be performed Ensures terms of sanction are met by verifying Pre Conditions as per Credit Sanction for high value complex facilities or as required by the credit evaluations in the sanction Regularises agreements ensuring they are correctly signed and regulatory requirements are met outside of CRO CRM mandate or for complex high value or non-standard facilities Manages overdue Post Conditions once-off and ongoing proactively engaging relationship managers and credit evaluation managers to resolve outstanding conditions Identifies accounts or risk groups where there are indications of financial stress or declining trends Attends to loading live limits and adjusting limits or reduction orders for Overdrafts BRCP MTL BTL Card within Delegated Authority SLA and laid down procedures Ensures changes to interest rates and reduction orders are actioned in accordance with risk procedures Attends to ad-hoc temporary loading of limits that have been approved by Credit Evaluation on Overdraft facilities within delegated authority and facilitates making funds available to clients timeously Ensures any Pre-conditions are met before loading such a limit Resolves escalated queries and complaints timeously to ensure great client experiences and proactive risk management solutions Supports Credit Risk Officers and Managers in the functions where required due to mandate complexity or experience Proactively manages completion of annual reviews and manages overdue reviews with credit evaluations and relationship managers Actions Internal Audit and Credit Risk Review findings and agreed actions Through regular hind sighting of Risk functions identify control breaches which could lead to operational losses and proposes suitable remediation Identifies opportunities to streamline processes and deliver more effective risk management Measures Compliance with agreed SLA Limits loaded with DA Overdue Post COA target Overdue annual review target Timeous actioning of reports and with diligence required as seen by hind sighting review Complaints Closure of audit CRR findings within timelines agreed High risk and distressed account management Proactive active continuous management of Monitoring and Watchlist Accounts for discussion in the monthly Credit Risk Committee meetings Ensures that team actions Damage Control report Client Health Check to identify distressed clients or accounts which need rehabilitative actions Applies a holistic client view across segments utilising resources such as daily weekly and monthly reports e g monthly Health Check Report Stage 1 Stage 2 reports as well as Credit Risk Management systems e g CACS This requires an ability to analyse information on the reports as well as Credit systems to determine what corrective action will be taken High risk accounts incorporate accounts in arrears fraudulent activities as well as other risk which can result in the Bank losing money Proactively initiates and agrees an action plan rehabilitation restructure strategy with Credit Evaluation Managers and Relationship Managers Takes regular and appropriate rehabilitation action in respect of accounts showing any negative trends Ensures appropriate and proactive actions are taken by the team Applies a pro-active and solution orientated approach and drives solution orientation within the team Involves Business Solutions and Recoveries where required and supports them as needed Ensures adherence to a rehabilitation plan and reduction orders are diligently monitored Proactively manages movement between monitoring and watch list statuses in accordance with risk identified and policy Ensures schedules for High care Watchlist and Monitoring matters are timeously and accurately prepared Ensures all temporary excesses that are not reduced timeously are added to the Monitoring list Initiates issuing of S129 letters of demand as required Supports Credit Risk Officers and Managers in the functions where required due to mandate complexity or experience Measures Hind sighting of DCR CHI report actions Rehabilitation of CRC accounts Improved roll rate on Stage 1 Stage 2 and Stage 3 accounts Reduction in impairments through proactive management of watchlist and monitoring names Quality of Watchlist and Monitoring schedules Collateral management Ensures that appropriate processes are adhered to for collateral release post approval by Credit Evaluations Ensures the manual collateral spreadsheet is updated Ensures effective monitoring of pledged share accounts and the attached covenants as well as share payments within covenants Manages various requests such as requests for sub-divisions third party bond applications release considerations alienation of land removal of restrictive title conditions consent for rezoning servitudes establishment of townships consolidation of property etc Ensures collateral is verified against the Securities Management Systems records when preparing agreements Identifies opportunities to improve processes and risk management Measures Adherence to SLAs Hind sighting to reflect adherence to processes SLAs and correctness iro completion of tasks Agreement preparation Ensures team has the relevant skills to correctly prepare Business Term Loans Medium Term Loans Overdraft and Business Revolving Credit Plan agreements as well variation to these agreements in line with Sanction document from Credit Evaluation Manager CEM or Credit Evaluations Officer within delegated mandate and policies Ensures correctness of agreement and collateral existing and proposed Reviews compliance documents to ensure borrower has necessary capacity to execute the agreement Reviews S 44 45 46 where relevant resolutions and ensures correctness thereof Supports Credit Risk Officers and Managers in the functions where required due to mandate complexity or experience Ensures that CROs and CRMs are trained and mandated to draft agreements and check collateral and compliance documents Measures Adherence to SLAs Meets error rate thresholds through hind sighting Guarantees Ensures cash cover accounts held as collateral has sufficient funds to cover the guarantee required Ensures that pledged indicators are loaded to the cash cover account held as collateral Monitors for regularisation of the collateral Measures Adherence to SLA Adherence to process through hind sighting Training and mentoring Ensures that team is upskilled as required to perform credit risk functions specifically across segments and products Supports team in adopting changes to processes procedures and policies ensuring continued stability of the team Assists with training new staff as and when required and cross skilling of existing staff Provides credit guidance and advice to business through the sharing of knowledge coaching and assistance in improving the understanding and quality of credit risk Attends additional training and learns to enhance credit skills as required Mentors and coaches team to ensure appropriate skills within the team Conducts reporting and quality assurance on any other activities in order to facilitate development hind sighting Measures Feedback from stakeholders and team Skills development of team tracked through cross skilling targets Completion of PDPs for team Management information Provides input as required for various reports and portfolio management Extracts insights from the portfolio management and operation reports to ensure productivity of teams and proactive management of credit risk in the portfolio Prepares monthly management feedback iro performance of the team operations and asset book Measure Stakeholder feedback Actions taken and input provided in response to the portfolio and operational reports Monthly reporting quality and insights Stakeholder management Builds and maintains relationships within the broader credit team and business stakeholders Provides guidance on Credit Risk matters and optimises relationships with Business Partners by attending various Connects physically or via Videoconferencing and or telephone conferencing Ensures that service is provided to the satisfaction of all stakeholders in terms of service level agreement Facilitates and participates in Round Table discussions Attend business and team connect sessions or squad meetings Measure Stakeholder feedback Attendance and participation at meetings Project management Participates in projects and any ad-hoc functions including training of staff Implements best practice methodologies in areas of operations and channel management Participates in and continuously improves on operational processes as required to enable the business to make sound business decisions and deliver to clients Identifies process changes and engages with relevant stakeholders e g process owners to effect process or procedural improvements Standardised and simplified processes and systems that will enable the business to deliver consistent customer experiences Measure Projects completed within SLAs and expected outcomes Change management Champions and participates in the roll out of any new initiatives and encourages and drives adoption of new systems and processes as required Leads their team through changes providing support to team members Measure Adoption and participation rates People management Manages a team to ensure effective delivery of objectives for the Super Catchment and ultimately for the Province and the Bank Develops a high performing team by embedding the bank s performance process regular performance feedback and coaching Addresses poor performance Motivates team members and ensures that they receive recognition for work well done Determines development needs of the team specifically identified talent and ensures that development opportunities training rotation on-the-job learning are budgeted for and executed Maintains a succession plan for the team by reviewing the skills of the team at least twice a year and has career conversations with them Interviews and recruits new members of the team including determining the appropriate salary with input from the Human Capital Business Partner Creates workforce plans for the area to ensure that current and future business requirements can be met Such plans should be revisited at least twice a year Uses workforce plans to obtain headcount approvals on an annual basis and as input into the financial budgeting cycles Creates quarterly leave plans to ensure adequate coverage Approves leave requests and leave sell requests When required initiates disciplinary processes for team members Resolves grievances raised by team members escalating only if unresolved Direct Reports 1-10 people Measure Effective people management e g performance appraisal discussions conducted performance contracts in place job descriptions in place and kept up to date OHI survey scores and improvement thereof talent matrix kept up to date and plans Preferred Qualification and Experience Minimum Qualification First Degree-Field of study Business Commerce A qualification in Credit Risk Management or Credit Diploma or other relevant credit training 5-7 Years experience good knowledge and understanding of Risk Management collateral and collection processes within the banking environment Knowledge of products as offered by SBSA across segments Knowledge Technical Skills Expertise Legal Agreements Collections rehabilitation Fulfillment of loans Financial statement analysis Lending Collateral Collections Credit delivery Growing Capability Leading Courageously Driving Delivery of Results Purposeful Collaboration Holding People Accountable PLEASE NOTE All our recruitment and selection processes comply with applicable local laws and regulations We will never ask for money or any form of payment as part of our recruitment process If you experience this please contact our Fraudline on 27 800222050 or forward to TransactionFraudOpsSA standardbank co za

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Team Leader: Credit Risk

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