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Monday, November 15, 2010

Stanbic IBTC Bank: Credit Origination Manager

Stanbic IBTC Bank PLC through its wholly owned stock broking and asset management subsidiary, IBTC Asset Management Limited has several excellent mutual funds including the IBTC Nigerian Equity Fund, which is Nigeria’s largest mutual fund with a net asset value in excess of N25 billion (as at December 2007).  It is the only bank that has a direct subsidiary that is a pension fund administrator; through the market leading IBTC Pension Managers Limited (IPML). Stanbic IBTC Bank recruits Credit Origination Manager
Job ID5620
Location Nigeria – Lagos
Division Credit
Position Category Credit
Employment Type Full Time – Permanent
Shift No
Regulatory Approval Yes

Job Purpose
A well-versed credit professional mandated to assist Wholesale Business Originators with the origination of large and complex credit proposals on behalf of Standard Bank Nigeria entities, within acceptable turnaround times
KRAs
Assisting Wholesale Business Originators in negotiating term sheets with clients ensuring that the deal structure, conditions and covenants conforms to investment banking standards and the overall credit requirements of the bank.
Obtain relevant information from clients, conduct a thorough credit due diligence and obtain additional required research to complete a thorough credit/risk analysis of the clients business.
Compile and present/recommend credit proposals of a high and professional standard to the Banks executive for credit approval.
Assist the Business Originator in coordinating the deal execution/legal process ensuring legal council draft documentation that effectively represents the commercial and credit objectives of the bank, and ensure the fulfillment of conditions precedent to advancing facilities.
To Apply, Click on this Link, Select Nigeria as the Country and Apply Online

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