We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It’s about showing how you embody our valued behaviours – do the right thing, better together and never settle – as well as our brand promise, Here for good.
We’re committed to promoting equality in the workplace and creating an inclusive and flexible culture – one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
Strategy
Build and implement governance structure around Retail Banking Secured Lending (Mortgage, Auto Loans and Wealth Management) in Africa including Policy, Processes and Country structures.
Business
Review and support of all Retail Banking Secured clients underwriting documents including Credit Approval Documents CAD and CRDs in Africa Market before onward transmission to CCO, RB Africa for approval/support.
To provide necessary portfolio analyses and credit performance forecasts, and review financials propositions with the Business to ensure good growth of quality assets.
Integration of Group Credit Policy/Standards with RB Secured Lending strategy/plan and ensuring appropriate credit culture/training and adherence to Group Credit policy/standards in the Africa Countries
Ensure proper functioning of day-to-day controls, periodic monitoring activities and timely resolution of risk issues across the cluster, continuously improving them.
Own compliance to Group Policies for Secured portfolios
Processes
Oversee credit processes for efficiency and robustness; focus on timely customer conversion/turnaround while maintaining appropriate risk and controls
Continuously improve the operational efficiency and effectiveness of risk management processes
People and Talent
Uphold and reinforce the independence of the Function from those whose primary responsibility is to maximise short-term revenues and profits
Lead through example and build the appropriate culture and values within the Function and across the wider organisation
Risk Management
Proactively identify portfolio problems and take corrective action by effective use of MIS and Analytics
Manage all problem portfolio exposures in accordance with acceptable norms of appropriateness/timing of classifications, non-accruals, and write downs of assets.
Ensure compliance to Group Policies for Secured segments, ensuring timely gap analyses are done and dispensations obtained where required.
Own and implement effective quality assurance framework across Secured portfolio
Ensure effective monitoring and portfolio management of Wealth Management Lending in line with Group standards and local regulations
Initiate stress tests as required by internal and external factors affecting secured portfolios and review results and assess their implications
Ensure that effective management response plans are in place to respond to extreme but plausible scenarios
Direct appropriate response to material events or other risk issues that come to the role holder’s attention
Ensure that material risk exposures and related issues are reported to the responsible governance committees
Ensure appropriate judgement is applied in the discharge of risk authorities assigned to the jobholder, taking account of concentration risk across sectors, geographies and markets where applicable.
Design, maintain and effectively communicate risk control parameters across the retail clients business, including policies, control standards, risk exposure limits and other control levers in order to maintain the business’s risk profile in line with the Group’s risk appetite
Maintain a good understanding of the requirements of key external stakeholders in respect of credit risk management and ensure these are well understood internally and reflected in internal procedures
Ensure business and product heads understand and accept their credit risk management responsibilities
Ensure timely reporting of related portfolio information to relevant stakeholders
Key Stakeholders
Internal:
Regional and Country Heads of Credit Initiation/ Risk Operations
Regional and Country Heads/ Fraud Risk Managers
Members of Retail Banking Risk Management Group
Cluster & Country Retail Banking Heads
Members of Country and Cluster Retail Banking Leadership Teams
Country and Cluster Heads of Control functions
Group Internal Audit
External:
Regulators and Central Banks in the Cluster
Credit Bureaus
External auditors
Our Ideal Candidate
Market Knowledge: Substantial experience at the highest level in the banking industry, including demonstrated success in a similar role
Business Strategy and Model: Sharp business acumen (including ability to assess risk and appropriate levels of return), strong leadership qualities, excellent interpersonal skills and multi-cultural awareness and sensitivity
Risk Management and Control: Demonstrated track record in successful management and ability to manage risk in geographically dispersed and highly varied product base. Expertise in process design and control
Regulatory Framework and Requirements: Awareness and understanding of the regulatory framework in which the firm operates, and the regulatory requirements and expectations relevant to the role
Non-technical Skills: Significant relationship management experience – with external stakeholders at the most senior levels, including regulators and rating agencies.
