Standard Chartered Bank Nigeria Credit Analyst - Jobs in Nigeria

Standard Chartered Bank Nigeria Credit Analyst - Jobs in Nigeria

Standard Chartered Bank Nigeria - We attract talented individuals. Not only can they give you the benefit of their experience, they also reveal a closer, more personal look at the wide range of global opportunities we offer. At the core of the Group's people strategy is our focus on employee engagement.

We are recruiting to fill the position below:

Job Title: Credit Analyst

Job ID: 2200020697
Location: Lagos
Schedule: Full-time
Job: Institutional Banking
Employee Status: Permanent

Role Responsibilities

Strategy:

Succinct: While always providing sufficient granularity to substantiate its conclusions and observations, the analysis should present opinion in as structured and succinct a manner as is practical

Timely: While focused on the prescribed annual review cycle, analysis will also be required where material new exposure is being considered by Client Coverage. In addition, more summary analysis should be produced and disseminated quickly, where relevant

Additionally, for any BCA submission it will involve the following:

Critical review of Environment and Social Risk Assessments, Appropriateness and Suitability Assessments (FM Products);

Overall accountability for consistency and coherence of the complete BCA package submitted to Risk will rest with Credit Analysis and is a key element of the strategy.

Business:

To partner the team’s two key stakeholder communities, Client Coverage and Risk, supporting the former in developing and executing their client strategies and both in respect of credit analysis-relevant matters.

Processes:

Timely drafting of credit analysis as directed by the relevant Team Leader. Such analysis should be Insightful, Relevant and Succinct (see Strategy) and include the following, inter alia:

Discussion of the dynamics and nature of the Client’s industry, including key risk aspects

Assessment of the Client’s competitive positioning within its industry

Discussion of management strength, experience and track record and corporate governance more broadly

Articulation of the Client’s strategy and an assessment of its clarity and associated execution risks

Assessment of funding strategy, financial policy, treasury activity (hedging, cash management) and liquidity

Development of a current / forward year base forecast performance expectation

Assessment of balance sheet strength, alongside cashflow and profitability vulnerability, via ratio analysis and/or stress testing

Discussion of other pertinent risk aspects, including country risk, parental and/or governmental linkage/support, relative ranking of indebtedness, Fraud risk

Evaluation of risks associated with particular proposed transactions, where required

Completion of Group Mandate/BCA Part 1, Part 2, financial analysis/spreads, scorecards

Ensure use of appropriate calculator in alignment with Credit Policy for relevant approvals (e.g. Raptor, Group Aggregation Calculator)

Complete ESRA (Environment and Social Risk Assessment) Checklist;

For Cat 2 lines, complete Financial Markets Appropriateness and GWWR Attribute checklist;

For Cat 2 lines, Credit Term Sheet updates based on RM/Risk feedback

Supporting business on structuring deals

Documentation support on credit aspects and working with IMO on BCA reworks

Testing and Monitoring Covenants & Risk Triggers

EAR & ASTAR reporting/updates to credit

Seek pre-approval endorsements (where applicable)

Preparing country specific regulatory check-lists (where applicable)

Credit stress testing

CCC Certification

Preparation of other analysis as directed by the relevant Team Leader, such as Industry specific reviews, portfolio reviews, assessments of new prospects etc.

People and Talent:

Support CA Head and others in the team on ad hoc projects, strategic initiatives and exercises aimed at improving or enhancing the team’s activities

Continually strive to share key relevant knowledge and learnings with others across the team

Provide credit specific coaching to newer or less experienced members of the team

Provide credit specific coaching to newer or less experienced members of the team

Provide strong leadership to CA team ensuring independent, quality and timely credit analysis

Manage team capacity catering to cyclical workloads - ensure timeliness by proactively planning capacity catering to cyclical demands and peak periods

Develop training plans for team including induction pack for new joiners

Support Business in the on ad hoc projects and strategic initiatives

Monitor metrics and demonstrate quality and timeliness on credit work

Risk Management:

In respect of Clients where the role-holder is assigned as analyst:

Proactive monitoring

of key entity or industry wide events and/or developments, as well as of covenants and risk triggers where applicable

Accompanying Relationship Managers on client visits, as part of general due diligence in respect of credit analysis

Acting as a broader point of expertise in respect of credit aspects with Product and others across SCB

Coordinate and conduct Stress Tests and portfolio review exercises for periodic check on the health of the portfolio;

Preparation of other analysis, such as Industry specific reviews, portfolio reviews, etc.

Governance:

Manage the credit change process globally across teams when credit policy changes are enacted, analyze gaps and propose solutions that optimize execution

Take end-to-end ownership of Compliance with Service Level Agreements between CoE and spoke countries (where applicable), specially with regards to performance under these SLAs. Conduct regular review meetings with spoke countries to discuss feedback regarding the CoE’s performance & formally minute these meetings.

Regulatory & Business Conduct:

Display exemplary conduct and live by the Group’s Values and Code of Conduct.

Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.

Lead to achieve the outcomes set out in the Bank’s Conduct Principles

Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association.

Key Stakeholders

Internal Relationships:

GAMs, RAMs, FAMs

Risk

Product partners

CDD, where relevant

Legal, Audit and Compliance, where relevant

Physical Commodity Operations, where relevant

External Relationships:

Clients

Rating Agencies

Market Data Services providers

Key Requirements

Educational Qualifications:

Post-Graduates / or professional (e.g. CFA) qualification preferred, but not mandatory

Sound knowledge of accounting and financial principles gained by experience or qualification

Pass CCC / FICC credit certification (or approved equivalent) within 6 months of start date or upon availability (if not available in this timeframe)

Experience & Skills:

Minimum of 10 years’ relevant experience gained either in banking, treasury or accounting environment

Knowledge of emerging markets capital products and service as well as experience in assessment of credit risk in large segments.

Strong analytical ability, focused on the assessment and calibration of credit risk

Strong verbal and written communication skills (in English), with proven ability to work across cultures and within a dynamic environment

Able to hold credible dialogue at all levels of the organisation, as well as with clients

Well organized, able to multi-task and balance competing demands

Our Ideal Candidate:

Management and Leadership - Ability to prioritise, delegate, develop and motivate people.

Analytical strength - to spot emerging risks, in particular forward looking industry trends.

Gravitas - to engage with Relationship Managers and Clients alike, have the ability to challenge in a constructive manner.

Collaborative - to work in partnership with stakeholders to ‘get things done’, fulfilling the Job Purpose

Application Closing Date

19th August, 2022.

How to Apply

For more information and job application details, see;
Standard Chartered Bank Nigeria Credit Analyst - Jobs in Nigeria

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