Job descriptionJob Details
Group 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
Corporate and Investment Banking will optimise value to stakeholders through our motivated team. This will be achieved by driving the businesses in, for and across Africa, leveraging our specialisation in Natural Resources while maximising “franchise value add”.We will support this by optimising organisational efficiency and dealing with the impact of the external regulatory environment.
Our CIB Risk strategy and commitments to CIB and the universal financial services organisation guide us in growing through robust risk taking in, for and across Africa.
In order to continue developing a Risk business that delivers into the ever-changing needs of our clients, markets and people we need to ensure that we are continuously considering these changes and responding to them.
To enhance the Bank’s business through a market leading specialisation in risk management that protects the interests of all of the Bank’s stakeholders by delivering commercially pragmatic risk decisions with an urgency which upholds the trust of the Bank’s clients, based on an objective and independent assessment of risk balanced against revenue and competing resources
Responsiblities
As a Head of CIB Credit Risk for the East Africa region , you will be responsible for the CIB Credit risk and Country and Sovereign Risk across operations in East Africa namely
Kenya
South Sudan
Uganda
Tanzania
Key Responsibilities/Accountabilities
Build a credit platform across the Region within the larger CIB Business. Organise, manage and develop ‘The team” order to effectively execute a Regional mandate aligned to the greater CIB and Africa Regions credit objectives. Effectively manage the existing and future Corporate Credit portfolio. Co-ordinate and co-operate with resources globally to manage transactions and fulfil the One CIB philosophy. Entrenching a risk reward philosophy and ensuring that there is an appropriate return for the risks being taken. Minimising credit losses by ensuring that there are adequate processes and systems in place to provide early detection of problematic/potential default accounts; and Ensuring compliance with CIB policies and lending guidelines with appropriate adoption of same across the Region. Managing direct reports :Heads of Credit for the Region’s countries and Senior regional evaluation Managers Effectively manage the Country and Sovereign Risk portfolio for the region
Evaluation of credit applications: Analysis of Corporate applications for facilities to assess the appropriateness of the credit risk relative to the profitability of the deal; Effective provision of high-quality analyses, approvals and where necessary recommendations to higher authority; and Effective sponsorship and presentation of applications to global CIB Credit Committee, where required.
Contribution to various forums/committees Involvement in Close Monitoring, Watchlist and Non-Performing Loans meetings relating to deals and names managed by the in-country Credit teams; Involvement in various management forums and committees; Ensuring adequate systems, policies, processes and procedures are in place to monitor and manage credit risk arising across the Region. Participate in fora /committees around the development of a Credit strategy as appropriate; and Participate in Credit Risk Management Committees, Legal Entity Credit Committees and Board Credit Committees. Contribute to the Country Risk Committee
Ongoing Credit Management: Ensuring effective excess management, with appropriate escalation where necessary; Ensuring effective compliance management (monitoring of ongoing credit and legal compliance requirements); Ensuring effective management around the overdue reviews and irregular accounts within prescribed targets. Monitoring, questioning and understanding changes in the credit quality in any counterparty / industry falling within the portfolio; Making recommendations to line management and committees/fora regarding industry trends and the implications for managing the credit risks of clients in the geography; and Ongoing monitoring of risk grade (PD), Loss given defaults, recovery rate shifts and general trends. Managing within sectoral and counterparty risk appetite and the identification and mitigation of concentrations. Identifying when deep drills are required ensuring that deep drills are done to the required standard as and within required timelines
Management reporting: Proactively keeping line management informed on material developments; and Provide input into general Credit reports
Team Leadership: Leading and building the teams’ competencies, coherency and productivity; Identifying and initiating personal development needs and learning experience, as well as business unit development/training needs. Displaying appropriate people management skills designed to build the team, with a specific focus on the development of individual competencies, coaching and mentorship; Change management facilitation as required; Regularly reviewing team member’s performance within the team and their training and development needs; and Regularly reviewing team member’s career plans and regional succession plans. Championing and embedding the CIB Risk Culture
Portfolio management: Maximising the productivity of the team whilst minimising portfolio risk through active portfolio credit management and support/coaching on complex transactions; Identifying and managing high risk accounts and undertaking the necessary corrective action when the risk profile threatens to become unacceptable; Involvement in accounts monitoring process where necessary; and Ensuring active and maintained co-ordination of stakeholders in the process to ensure all expectations are met.
Preferred Qualification And Experience
A successful track record as a senior banker and risk practisioner with significant experience dealing with CIB Credit and regulatory matters
Strong decision making ability
Proven ability to manage and co-ordinate relationships and decisions with various stakeholders across Risk types and functions within the organisation
Broad-based experience within financial services, including investment and wholesale banking
Possess a broad risk understanding ideally across credit, market country and operational risk. With a deep understanding of credit risk in wholesale portfolios.
Strong process and project management experience
Experience of implementing change in a complex environment
Sound experience, combined with a global perspective, multicultural sensitivity, preferably gained within a matrix-managed multi-product environment.
Knowledge/Technical Skills/Expertise
An experienced leader with the ability to “make things happen”
Genuine business orientation with the stature and credibility to influence and command the respect of the risk professionals, business leaders, Board and Non-Executive Directors
Breadth of vision and an ability to combine effective strategic thinking with efficient and practical management
A self-starter who is action orientated with energy and drive
Gravitas and outstanding communication and interpersonal skills, with the ability to communicate at all levels across the organisation and build strong internal relationships.
Highly organised and decisive with sound judgement
Team orientation, with the ability to “lead from the front” as well as “roll up their sleeves” when necessary
Strong analytical and financial skills coupled with the ability to innovate.
A flexible approach, independent minded, tough yet balanced decision maker, calm under pressure with the ability to prioritise and delegate
