Standard Bank Group Manager - Collateral Maintenance Unit Jobs in Kenya

Standard Bank Group Manager - Collateral Maintenance Unit Jobs in Kenya


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

  • Affirm that the Bank's need to provide adequate controls over the risks encountered in the pre and post credit granting stages of the credit process are satisfied by making sure a proactive specialised Account Management (Top exposures-deals approved at HOC DA & above) & CMU roles exists as it pertains to enforcing lending covenants and proactive portfolio management.

  • Verify key documents and monitoring key distributors inline with approved structures.

  • The delivery of a professional service to the business units based on sound principles which supports the minimising of risk to the bank.

    Key Responsibilities/Accountabilities

    Product

    • Validate accuracy and completeness of bills of quantities, building drawings, contracts and related documentation provided for construction loans

    • Monitor construction projects from start to finish, monitoring progress according to predetermined schedules.

    • Liaise with all parties involved in the project including architects, consultants, contractors and sub-contractors.

    • Periodic inspection of construction sites and preparation of loan monitoring reports and valuations.

    • Provide accurate, expert and specialist advice to all divisions and business banking unit with regards to collateral monitoring transactions.

    • Participate in knowledge sharing within the credit and business teams

    • Control the adherence to the service level agreement for internal and external processes where applicable

    • Build relationship, with branch-based business bankers and relationship managers to improve structured transactions business proposals and turnaround time on draw down

    • Attend meetings with and maintain regular contact with Front office/product areas in order to build good working relationships.

    • Establish and track closure of waived conditions precedent and subsequent to sanction

    • Monitor and control the quality of designated portfolio, using conditions of sanction and other covenants/conditions

    • Act on continuous improvement relating to design and continuously improving existing and new business processes.

    • Support Head PBB Credit to develop new specialised AM & CMU policies, updating existing policies and identifying and reporting any policy exceptions

    Risk, Regulatory, Prudential & Compliance

    • Affirm that group governance standards are effectively embedded resulting in clean CRR, Audit & CART findings

    • Implement monthly Manco checks and continuous developing of Manco checks in line with emerging risk areas

    • Maintain adherence and compliance to all policies, processes and procedures

    • Act on the implementation and adoption within Business Banking account management of all Compliance, Anti-Money Laundering and sactions related requirements contained in policies, procedures and processes. This includes monitoring and identifying any material compliance related breaches and escalating them to the Compliance Officer

    • Check compliance with covenants and escalate breaches to right DNA

    • Detect early warning signals impacting the portfolio

    • Monitoring early warning triggers and management of escalations matrices (compliance grids, damage control migrations and arrears reports)

    • Establish reasons for risk exposure in excess of credit facilities across credit risk systems and taking corrective action (referral and excess management)

    • Play a role in supporting BB credit risk change agenda

    People

    • Give clear direction to the activities of the team members, with regular feedback and support

    • Facilitate the development of staff and provide opportunities for their growth inability and contribution to the effectiveness of the team.

    • Affirm that a proper Business Banking specialized AM and CMU Function is in place and addressing the relevant processes pertaining to Business Banking AM & CMU functions.

    • Oversee all reports from the CMU team prior to onward forwarding to management.

    • Ensure that the business banking CMU team is effectively staffed and motivated

    Client

    • Proactively stance on individual portfolio allocation by active level of dialogue with front office/CEMs to ensure risk considerations are part of business strategy.

    Data

    • Maintain that relevant reports are produced in an accurate and timely manner.

    • Daily review of reports and highlighting anomalies within assigned portfolios

    • Extract from legal documentation, internal sanction documents, financial and non-financial covenants. Populating and updating conditions of sanction on the compliance grid

    • obtain information directly or indirectly from appropriate counter parties necessary to check covenants

    • Implement research, analysis and data management from varied sources aimed at pre-empting risks on the credit portfolio.

    • Responsible for analysing AFS & management accounts and other performance information submitted by consumers to track trends and early identification of warning signs and management of that data

    Preferred Qualification and Experience

  • First Degre in Building Construction or Quantity surveyor or equivalent

  • Diploma Diploma in Project management

  • At least 5 years’ experience as a quantity surveyor

  • At least 5years minimum experience in managing complex accounts with good credit rating

    Knowledge/Technical Skills/Expertise

    • Quantity surveyor,

    Other Preferred Qualifications, certifications or professional memberships

    • ACCA, CPA

    How to Apply

  • For more information and job application details, see; Standard Bank Group Manager - Collateral Maintenance Unit Jobs in Kenya


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