Stanbic Bank Graudate Recruitment 2019 & How to Apply (December 2019): Stanbic IBTC Bank is currently recruiting suitably qualified candidates to fill the following graduate and experienced positions listed below – Apply here!
Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa’s financial system for 150 years, and now spans 16 countries across the African continent.
Standard Bank is a firm believer in technical innovation, to help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely flexible and vibrant working culture. To help us drive our success into the future, we are looking for resourceful individuals to join our dedicated team at our offices.
Stanbic Bank Graudate Recruitment 2019
We are recruiting to fill the following positions below:
Business Banker at at Stanbic IBTC Bank
Job Title: Business Banker
Job ID: 45481
Location: Lagos Island
Job Sector: Banking
Job Purpose
- To manage and optimize value from a portfolio of SME customers
Key Responsibilities/Accountabilities
- Promote and sell a range of appropriate products and solutions that meet the financial needs of small and medium business customers.
- Selling includes acquiring and opening new business accounts (walk-in customers and customers pro-actively approached in the local market area)
- Cross-selling additional products & services to existing customers (walk-in customers, during pro-active telephone conversations).
- Identify sales leads for associate company stakeholders e.g. Vehicle and Asset Finance; Electronic Banking; Trade; Global Markets; etc.
- Mine existing customer data to identify expansion and/or additional business opportunities.
- Identify opportunities to migrate top-end customers to Commercial Banking.
- Providing a central (information/ query handling) service point for a portfolio of SME customers. .
- Ensure KYC documentation, regulatory compliance and control is adhered to
Preferred Qualification and Experience
- Bachelor’s Degree in any related field
- Min 2 years of Business Banking Sales experience.
Knowledge/Technical Skills/Expertise:
- Basic Financial Analysis: Ability to interpret income statement, balance sheet, cash flow statement and financial ratios.
- Business acume: Ability to spot opportunities and optimize revenue generation for the business
- A thorough knowledge of standardised business banking transactional products and other core products relevant to small business enterprises.
- A good working knowledge and understanding of behavioural credit scoring principles and practices, including an understanding of all SME product programs.
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
Click here to apply online
Credit Evaluation Manager at Stanbic IBTC Bank
Job Title: Credit Evaluation Manager
Job ID: 45249
Location: Lagos Island
Job Sector: Banking
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
- To provide effective value adding risk management to assist Business Banking Teams in the Business Banking space in achieving their asset growth targets, whilst maintaining a quality-lending book, through effective underwriting, evaluation and approval of credit applications.
- The delivery of a professional service to all business units, by assessing and evaluating credit facilities (new and/or existing) based on sound credit & financial principles, whilst adhering to the Bank’s group credit risk standards, maintaining credit independence and managing risk reward balance
Key Responsibilities/Accountabilities
Evaluation and approval of applications:
- Evaluate accurately credit proposals to ensure they meet sound business criteria and credit risk fall within acceptable parameters within approved turnaround times.
- Identify, quantify and evaluate credit risks in relation to profitability of business proposals and financial viability of Business banking credits.
- Process credit applications and ensure timely and quality credit assessments and decisions are made.
- Build relationship with Relationship Managers/Business Bankers and collaborate to improve quality of business proposals and turnaround time on credit evaluations.
- Active participation at the Business Assessment Committee meetings
Risk Management:
- Monitor the risk grading of all Business Banking customers using BBRS
- Ensures that the Bank’s need to provide adequate controls over the risks encountered in the post-credit granting stage of the credit process are satisfied by ensuring the appropriateness, consistency, validity and enforceability of all collateral confirming that all collateral and legal documentation in respect of banking facilities and advances granted have been obtained’ are in legal order and properly housed.
- Ensures all identified credit control events and payment defaults are managed, in order to reduce the roll rate of non-performing loans into lock up portfolio by providing a prompt and orderly turnaround environment in which controls can be exercised to ensure that the Bank is not faced with avoidable losses.
- Ensures that timely and quality credit delivery and decisions are made within agreed Service Level Agreements (SLAs) within the in the Business Banking space.
- Review of relevant internal & external communications, such as circulars, economic reviews on industries, & financial or industry publications to ensure that any development, new requirements or external risks are properly taken cognizance of in lending decisions or conditions of lending.
Governance, risk and compliance:
- Ensures compliance with country adopted standards, policies, mandates and procedures governing activities within the credit space
- Actively participates in Credit Risk Management Committee meetings and watch list committee meetings and provides 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.
Problem Solving:
- Identifies business needs and existing credit strategies and interprets these into operational reality.
- Constantly challenge established thinking and to facilitate constructive discussions that lead to continuous improvement in operating processes.
- The ability to balance competing business needs with risk mitigation requirements.
- The ability to apply appropriate risk mitigation techniques to improve the bankability of marginal proposals.
- Ability to evaluate the risks/reward of each credit facility application and supporting information, taking into account broad industry risks, total bank exposure to specific industries, and the risk and profile of the counterparty applying for credit.
- Manage the cross-functional conflicts that may arise in the course of working with the business teams.
- Builds relationship with Relationship Managers to improve and maintain business/credit relationship
Portfolio Management:
- Effective management of the zonal portfolio to deliver the desired result along asset growth, risk, delinquency and cost containment.
- Ensures 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
- Ensure there are effective controls in place to rectify any identified gaps/risks in the portfolio
Credit Committee Secretariat Management:
- Prepare minutes of Credit Committee meetings within 48hours of every meeting
- Ensure all approved facilities are sanctioned in line with the terms of approval of the committee
- Effective monitoring of all credit committee action plans; timely reporting and escalation of all breaches
Preferred Qualification and Experience
Qualifications and Experience:
- First Degree in Business Commerce/ Finance and Accounting/Mathematical Sciences
- Professional qualification (ACIB), ACA, ACCA, ACIS
- Masters’ Degree is an added advantage
- Minimum of 7 years experience in credit risk, credit analysis/evaluation, risk management, business development and portfolio management
- Minimum of 7 years experience in managing commercial banking and other Strategic Business Units’ relationships
Knowledge/Technical Skills/Expertise
Technical Competencies:
- Loan assessment and approval
- Financial Statement Analysis
- Operating cashflow analysis
- Debt Consolidation
- Mortgage Lending
- Asset Based Lending
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
Click here to apply online
Graduate Personal Banker at Stanbic IBTC Bank
Job Title: Personal Banker
Job ID: 36472
Location: Lagos
Job Sector: Banking
Job Purpose
- Proactively promote a relationship-based offering through operating as a dedicated and primary point of contact for customer in the branch, providing banking solutions which meet the customer’s needs in accordance with each of personal banking segment’s value proposition
Key Responsibilities/Accountabilities
- Retain customers (Blue, Silver and Gold) as per the criteria outlined in the segment value proposition and reflected by the Country segment strategy.
- Liaise effectively with the sales team to ensure seamless transfer of clients after sale has been concluded to relationship management.
- Pro-actively identify cross-sell opportunities within own portfolio of customers to maximise life cycle opportunities. Be guided by the segment value proposition and sales targets as to what the priority products are both from a bank and customer perspective.
- Conduct a needs analysis with all new and existing customers to ensure that product opportunities identified are appropriate to meet the customer’s needs and priorities.
- Conduct a comprehensive calling/contact management programme for all customers aligned with the cost to serve proposition.
- Pro-actively manage the portfolio to maximise revenue for the Bank (referring to fees, margins and sales), minimise costs and risks, whilst maintaining and entrenching the customer’s relationship with the Bank appropriately.
Preferred Qualification and Experience
- A bachelor’s degree in any related field
- Minimum of Second Class Lower (2:2) division
- 0-2years banking experience, preferably interfacing with customers.
- Strong relationship management background.
- Experienced in upholding the highest levels of service.
- Experience in completing credit applications successfully
Knowledge/Technical Skills/Expertise:
- Deep knowledge and understanding of the different personal and segment value proposition.
- Knowledge of local market environment and financial issues that may impact portfolio.
- Working knowledge of bank systems and operations
- Thorough understanding of credit principles as well as application and maintenance processes.
- Knowledge of the banks organogram and awareness of relevant reporting lines.
- Interpret financial statements; assess sources of income and basic customer affordability calculations (debt to income ratio, loan to value ratio, instalment to income ratio, etc).
- Demonstrate high levels of computer literacy – able to capture/update customer database, successfully complete product/lending applications, ensure credit maintenance, etc.
- Proficient in Microsoft word and excel.
- Time management
- Ability to multi task
- Ability to handle matrix reporting
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
Click here to apply online