Job Title: Senior Credit Manager
Organisation: Absa Group Limited (formerly Barclays Bank UK)
Duty Station: Kampala, Uganda
About US:
Absa Group Limited (formerly Barclays Bank UK) is a diversified standalone African financial services group, delivering an integrated set of products and services across personal and business banking, corporate and investment banking, wealth, investment management and insurance. Absa Group Limited is listed on the JSE and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 41 000 employees.
Job Summary:
A credit professional responsible for credit risk structuring of transactions and sanctioning covering multiple industry sectors within defined discretionary limits.
Support Head of Wholesale Credit Risk in the delivery of robust credit risk management and achieving the origination’s credit risk appetite by providing strong risk management capabilities, strong challenge, and strong support
Responsible for credit risk structuring of transactions and sanctioning covering multiple industry sectors within defined discretionary limits.
Responsible for providing credit risk management support, direction, credit information, and loan policies and procedures to ensure the overall quality of the Bank’s credit extension.
Work in collaboration with credit risk and business areas to drive business strategy, provide advice and identify opportunities through forward looking management information based.
Ensure compliance with local and global regulatory requirements, aware of market environment & practices that may affect business performance and its impact on model quality or applicability.
Ensuring the optimal quality of the credit portfolio by application of best practice in decision-making, to a maximum defined personal lending discretion.
Key Duties and Responsibilities:
Accountability: Credit Risk Management Time Split: 70%
*Ensure the highest standard of credit quality through the structure, sanctioning, monitoring, and control of credit applications. Exercise judgment and discretion in the evaluation and approval/decline of higher risk classification credit proposals.
*Work in partnership with business leadership to support growth consistent with our strategy-aligned Risk Appetite, and in partnership with business areas
*Work in partnership with credit risk and business leadership to simplify and streamline credit processes to improve the customer experience and reduce cost
*Participates in development, Implementation and ongoing review of credit risk policies, standards, and procedures.
*Works in partnership with leadership to proactively identify ways to improve the control environment by considering what could go wrong in the processes I operate and how errors could be prevented – focusing on fixing root causes and taking ownership of identified actions
*Ensure that all lending activity and duties within assigned portfolio activities and duties are carried out in full compliance with internal and regulatory policies, standards, and procedures.
*Prepare, submit, and maintain portfolio level management information to facilitate monitoring activity, credit quality assurance and drive business strategy
*Perform scheduled and event triggered monitoring activities in line with organization’s governance requirements for credit quality assurance and strong risk management.
*Coaching support for credit risk and business staff through driving participation and/or facilitating ‘lessons learnt’ sessions for all stakeholders.
*Lead and/or actively participate in early warning list forums designed to facilitate monitoring and control at an individual account level with a view to determining the seriousness of the features observed and for appropriate corrective action to be taken
*Drive culture where team performs all control responsibilities in a reliable, robust, and cost competitive manner with a view to sustaining optimal portfolio quality and managing manage Impairment & losses within the agreed budget
Accountability: Business Risk Partnership Time Split: 15%
*Work in partnership with Business, Product, Credit Risk and Legal Teams to help drive business strategy, provide advice, identify opportunities, set risk appetite, and deepen client relationships.
*Work in partnership with Credit Risk leadership and Business stakeholders to develop plans (MTP/STP) with clear articulation of the planned credit risk support and a strategy commensurate with its delivery.
*Deliver service in line with agreed service level agreement with other business areas.
*Proactively contribute to embedding agreed change management initiatives in support simplifying and streamlining processes for improvement in customer experience and managing department cost within budget
*Proactively develop and manage relationships with key internal and external stakeholders.
Accountability: Staff Management Time Split: 15%
Delivers effective performance development for direct reports.
Drive proactive application of Origination’s values both personally and throughout the team and coach and support colleagues within the Team.
Develop and maintain a close working relationship with Corporate Banking Team and Corporate Credit Risk Team and other functions.
Stand-in for as well as perform duties as delegated from time-to-time by Head of Credit
Qualifications, Skills and Experience:
*The applicant must hold a Bachelor’s Degree or equivalent in a related field
Post graduate degree in commerce, banking, finance, accounting, economics, or risk management. A professional qualification in a relevant e.g., banking, risk management, accounting may be accepted in lieu of a post graduate degree.
*At least five (5) years banking experience specifically covering credit risk management, credit assessment, financial analysis, business analysis, trade finance and debt structuring.
*At least 3 years of credit risk sanctioning experience covering multiple sectors, industries, and business segments
*Credit risk management skills
*Credit assessment, structuring and sanctioning skills
*Negotiating and influencing skills
*Analytical skills
*People leadership skills
*Communication skills (oral, written and presentation)
Competences:
*Business and international risk awareness
*Knowledge of risk management policy, procedures, and pricings
*Knowledge of the country/sovereign risk issues
*Comprehensive credit related product knowledge
*Knowledge of social, economic, political, and regulatory environment within Uganda
*Understands local and global regulatory requirements and is aware of market environment & practices that may affect business performance, model quality or applicability.
*Financial and business analysis
Note: Absa Bank official calls for interview invitation will come from +256 417 122439
How to Apply:
All suitably qualified and interested candidates who wish to join ABSA Group in the aforementioned capacity should apply online at the link below
https://absa.wd3.myworkdayjobs.com/en-US/ABSAcareersite/job/Kampala/Senior-Credit-Manager_R-15962230
Deadline: 15th February 2024
