Manager, Business Support & Recovery

  • Stanbic Bank
  • Umoja House, Head Office, Uganda
  • May 22, 2020
Full Time Banking

Job Description

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 identify, manage and provide advice in connection with CIB and Business Banking distressed and defaulted exposures in terms of the BS&R Mandate

Key Responsibilities/Accountabilities

    • Responsible for management of NPL names (primary responsibility) with decisions approved through Ad-hoc and monthly NPL committees. Act as key account liaison to deal with queries and issues from Relationship Managers, Risk, Operations and Collateral Teams as well as with external professionals such as valuers, auctioneer's, lawyers, receivers etc. on matters relating to Non-Performing Loans
    • Along with the relevant Relationship and Credit Managers, assess clients/accounts in order to manage risk and limit exposure over the short, medium and long-term.
    • Assess counterparties, the current security position and where appropriate take additional security. Participate and sometimes lead Rapid Risk Reviews in order to identify potential watch list and non-performing loans early.
    • Oversee the drafting of sound legal documentations and scrutinise agreements including but not limited to facility agreements, consortium agreements, security sharing agreements and mortgage charges, in accordance with set risk parameters.
    • Responsible for advising CIB and Business Banking on performing loans showing signs of distress (Watchlist names). Executed through Portfolio Rapid Risk Reviews and Watchlist Committees. Provide recommendations to improve business and banking risk and enhance customer relationships to Business and Credit Teams. Brief Heads of Business to enable them to lead negotiations with watch listed names.
      • Responsible for recommending impairment requirement (provisions) to CRMC and CIB Specific Debt Provisioning Forum. Ensuring internal, IFRS, and regulatory provisioning requirements are met.
      • Responsible for collecting and maintaining loan loss data. Database updated as and when exposures change, or material recovery event occurs.
      • Develop and implement solutions for credit recovery on accounts in order to secure debt, stabilise accounts or turnaround where possible.
      • Be involved and influence client visits and negotiations to manage credit recovery processes including restructure and or renegotiation of facilities.
      • Provide advice to various stakeholders on credit recovery and liquidation / receivership processes.
      • Document and communicate relevant decisions to all relevant stakeholders.
      • Assist with relevant reporting returns and provide advice on these where required.
      • Conduct in-depth research on relevant accounts, applying banking, legal and credit knowledge where applicable.
      • Participate in industry initiatives from time to time
      • Provide advice to various stakeholders on credit recovery and liquidation / receivership processes.
      • Prepare and submit liquidation claims / appoint Receivers.
      • Attend and prepare for meetings with creditors.
      • Brief attorneys and counsel and oversee conduct of litigation on behalf of the Bank.
      • Report to the Watch list and NPL Committee and implement decisions there from, as well as update the relevant schedule/s on a monthly basis.
      • Maintain the default data base in terms of the Service Level Agreement with Credit Analytics for Non-Performing Loanson individual portfolio
      • Document and communicate relevant decisions to all relevant stakeholders.
      • Assist with relevant reporting returns and provide advice on these where required.
      • Participate in industry initiatives from time to time
      • Awareness of the Group Reference Guide (GRG); CIB & PBB Credit Policy and BS&R Mandate

Preferred Qualification and Experience

Qualification:Relevant Business Degree.

    • 10+ years banking experience. Credit experience preferable.
    • Keen interest in building a career in BS&R

Knowledge/Technical Skills/Expertise

Specialist knowledge - Demonstrates a clear understanding of the role BS&R should perform within CIB & BB and must be able to provide direction and strategic thinking where appropriate in relation to distressed and defaulted exposures.

Sound business savvy and banking knowledge around:

accounting and financial principles

generally banking

corporate banking

Legal principles related to lending and collateral rights

And ability to translate and apply this knowledge to optimise positive outcomes.

Risk Management - Understands and manages strategic and operational risk including understanding and conforming to the relevant processes and procedures within BS&R, CIB & BB.

Competencies required in delivering accurate and relevant results and assessing risk including attention to detail, delivery of accurate and relevant research, proactive and timely delivery of requirements, ownership of problems, understanding of impact of non-delivery and sub-standard performance.