• Application Deadline:
• Position: Manager, CIB Credit



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 5 years



• Location Lagos




• Job Field Banking  , Finance / Accounting / Audit 
  
  

Job Purpose Description

Assist the sales team with the origination of credit proposals within acceptable turnaround times. Overriding objective is to grow the Bank’s lending book and maintain a high quality of lending assets through timely preparation of good quality credit applications (Application for Facilities – AFFs).

Provision of credit origination services

• Appropriate participation in New Business Application Committee (NBAC) and Distribution Committee meetings


• Appropriate discussion with business, of key covenants / cover ratios, CPs and undertakings to be incorporated into term sheet


• Determination of credit appetite including appropriateness of proposed structure considering tenor, profile, commodity price volatilities and ranking, concentration risk exposure and single obligor appetite


• Identification and assessment of all pertinent risk areas together with mitigating factors 

Preparation of formal Credit Applications

• Documentation of all pertinent risk areas as well as their mitigation as far as possible.


• Quick turnaround times, but with the necessary push-back and pipeline management so as to provide the necessary time to assess the risk thoroughly


• Accurate and thorough assessment of the past and especially future performance of the client


• Appropriate type and extent of stress tests; stressing the necessary key issues / risks

Deal Implementation

• Accurate and thorough reconciliation of Credit Paper and subsequent Credit modifications to the legal documents


• Obtaining all necessary approvals for any changes / waivers to the terms/conditions/ covenants approved per the credit paper

Qualifications

• Degree in Finance or a related field 


• Masters in Business or a related field is an added advantage


• Credit / Risk related professional qualifications


• CA, CPA, ACCA, CIMA, ACA

Experience

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  At least 5 years' experience is required in risk management. Experience with handling and organising large credit portfolio