Friday, February 26, 2021

New Job Vacancy at Stanbic Bank Tanzania Limited – Head, PBB Credit

Tanzania Jobs Portal - Career
Standard Bank Tanzania
Jobs in Tanzania 2021: New Job Vacancies at Standard Bank Tanzania 2021
Standard Bank Tanzania Jobs 2021

Overview
Stanbic Bank Tanzania Limited is a full service commercial bank which
specializes in providing facilities and services to public and private
sector corporations, diplomatic missions and international
organizations.
Stanbic Bank Tanzania is a member of the Standard Bank
Group of South Africa and was established in May 1995.
Recommended:
PAST PAPERS ZA DARASA LA 7 MPAKA FORM SIX | ZIPO ZA NECTA NA MOCK 1988 – 2019. BONYEZA HAPA!

Head, PBB Credit
Overview

Job ID: 53953
Job Sector: Banking
Country:
Tanzania
Region/State/Province/District: Dar es Salaam Region
Location: Dar es Salaam

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

Recommended:

CHECK SCHOLARSHIPS OPPORTUNITIES TO STUDY ABROAD CLICK HERE!

Job Purpose

  • To develop and provide overall strategic leadership and
    direction, maintain and manage the end-to-end credit risk function for
    Personal and Business Banking (PBB) in country; incorporating all
    aspects of the credit Life Cycle.
  • Day-to-day management
    of PBB credit and processes in line with the credit risk Management
    framework. Responsible for the delivery of professional service against
    specific process measures aligned for the credit Management KRAs as well
    growth, value and advantage strategy for the PBB business.

Key Responsibilities/Accountabilities

Output Group 1*

Development and implementation of PBB credit risk strategy and framework

Outputs And Measures*

  • Develops
    and drives the PBB credit risk management framework which includes the
    risk management strategy, structure, processes, culture and
    technological infrastructure and translate strategic intent and vision
    into medium term objectives.
  • Contributes to the development and
    improvement of the bank wide credit risk management strategy and
    framework by providing key insights on the factors that influence the
    risk profile. Act as a signatory on the final framework relating to PBB
    credit.
  • Provides direction to the PBB credit team and sub-business lines in order to achieve the credit risk management strategy.
  • Ensures
    effective execution of the PBB credit risk strategy and framework,
    aligned to then PBB business specific requirements and direction from
    PBB RoA centre, in line with the risk appetite statement and group
    policy.
  • Critically evaluates the existing framework on an ongoing basis for relevance in line with emerging country risks and threats.
  • Owns
    and drives the process of embedding the PBB credit risk frameworks
    throughout the business area by regularly engaging with all levels of
    leadership and management to help them understand the benefits of
    looking at their worlds through a credit risk management lens.
  • Continuously
    evaluates the external environment and assesses the impact on the
    area’s activities. Where required, discuss any changes which will result
    in an overall strategic impact with the Head of PBB and sub-business
    unit Heads and, thereafter make the agreed amendments to plans.
  • Delivers
    a professional advice on risk pricing, risk management matters,
    including where appropriate the timely involvement of external
    specialists.
  • Delivers high standards of credit quality for high-risk cases through the application of best practices to credit proposals.
  • Challenges pricing in order to maximise value, and ensure a commercial balance between risk and Reward.
  • Applies
    impairment policy, where appropriate, to ensure Impairments are raised
    or released in a timely and appropriate fashion. Ensure accurate and
    timely forecasting of impairments.

Measures:

  • Approved PBB credit strategy and successful execution thereof
  • Adherence to applicable policies
  • Stakeholder feedback

Output Group 2*

Overall accountability for evaluation and approval of credit applications

Outputs And Measures *

  • Develops an efficient credit evaluation process which will allow teamwork between business and credit.
  • Coaches
    credit Evaluation Heads on all aspects of origination and ensures that
    the broader team communication is open and on-going.
  • Assesses
    applications and issues sanction letters, clearly stating the conditions
    and requirements of the lending (where above the delegated authorities
    of Evaluation Heads and/or Head, Personal and Commercial Lending)
    including Politically Exposed Persons and identified high risk
    industries.
  • Ensures approvals made by credit Evaluation Head
    and/or Head, Personal and Commercial Lending are within their delegated
    authority.
  • Ensures that credit Evaluation Heads adhere to agreed TAT targets.

Measures:

  • Good quality asset book.
  • Asset growth.
  • Reduction in credit losses for PBB.
  • Pre-Impaired and Impaired portfolio within agreed budget.

Output Group 3*

Management of credit risk in line with risk management framework

Outputs And Measures *

  • Ensures
    that the Bank’s need to provide adequate controls over the risks
    encountered in the post-Credit granting stage of the credit process are
    satisfied by ensuring the appropriateness, consistency, validity and
    enforceability of all collateral confirming that all collateral and
    legal documentation in respect of banking facilities and advances
    granted have been obtained are in legal order and properly housed.
  • Implements
    credit procedures by maintaining a tight control over all aspects of
    advance administration to contain credit risk within acceptable
    parameters and ensuring that all risk and statutory returns and reports
    are produced in an accurate and timely manner.
  • Ensures all
    identified credit control events and defaults are managed, in order to
    reduce the roll rate of non-performing loans into lock up portfolio by
    providing a prompt and orderly turnaround environment in which controls
    can be exercised to ensure that the Bank is not faced with avoidable
    losses.
  • Ensures that timely and quality credit delivery and
    decisions are made within agreed Service Level Agreements (SLAs) within
    the entire credit chain.
  • Actively monitors appropriate metrics
    across the credit life-cycle to ensure that the origination, evaluation,
    credit risk monitoring and rehabilitation and recoveries functions meet
    the highest standards in accordance with laid down policies and
    procedures and to guide and coach the respective teams on the best
    credit practices.

Measures:

  • Minimised losses within budget.
  • Decisions taken within agreed SLAs with business.
  • Effective second line of defence as confirmed by credit risk Reviews.
  • Internal stakeholders’ customer satisfaction survey rating.

Output Group 4

Optimise the business unit’s risk profile and risk appetite

Outputs And Measures

  • Sets and monitors the new business strategy within the agreed business unit’s growth and risk appetite objectives.
  • Oversees the development of origination policies and the execution thereof.
  • Develops and oversees the implementation of collections and recoveries strategies.
  • Manages and reviews existing account management strategies.
  • Drives
    in-depth analysis of customer value tests, campaign analysis, response
    propensity models, collections and bad debt performance etc.
  • Detects
    and evaluates shifts or changes in key risk parameters and evaluates
    the implications of such changes on continued banking relationships.
  • Reviews and sets appropriate PBB risk Appetite metrics with Business.
  • Monitors and assesses portfolio performance metrics against risk Assessment triggers.
  • Reviews and assesses credit criteria against portfolio performance.
  • Delivers
    robust, transparent and predictable credit losses within an agreed
    total cost (‘budget’) and ‘cost of credit’ framework.
  • Devises
    and implements a range of champion / challenger strategies to
    continually test and learn to reach the optimum set of tactics to
    generate value.
  • Provides input into risk based pricing and ensures that profit and ROE include appropriate credit risk and cost inputs.
  • Devises
    and implements a range of champion / challenger strategies to
    continually test and learn to reach the optimum set of tactics to
    generate value.

Measures:

  • Risk appetite document in place.
  • Clear evidence of ongoing monitoring of risk Appetite.
  • Clear remedial action taken to address breaches.

Output Group 5

Governance, risk and compliance management within the clearly defined requirements.

Outputs And Measures

  • Interprets the PBB ROA strategy and derives/builds the in country framework.
  • Ensures
    compliance with country adopted standards, policies, mandates and
    procedures governing activities within the credit space.
  • Actively
    chairs and participates in credit risk Management Committee meetings
    and watch list committee meetings and provides meaningful input into
    risk appetite discussions, portfolio management and collections
    strategies as well as detecting and evaluating shifts or changes in key
    risk parameters and the effects of such changes on portfolios and
    relationships.
  • Attends the Country PBB EXCO (always) and the
    Country Main EXCO (sometimes) in order to represent PBB credit on all
    credit matters.

Measures:

  • Satisfactory ratings from all internal and external audit and similar functions
  • Satisfactory capabilities assessment and review from Head Office (CART reviews)
  • Policies and procedures are adhered to.

Output Group 6

Leadership of teams and people management

Outputs And Measures

  • Addresses
    relative performance issues by initiating and overseeing performance
    management process of credit Unit heads and their direct reports.
  • Identifies training needs and sourcing training resources to address those needs.
  • Inspiring, motivates leads and manages the team.
  • Recruits, develops and retains relevant skills in order to meet the business needs.
  • Ensures skills assessments and competency-based training takes place as and when required.
  • Builds
    organisational capabilities through evaluating likely future
    requirements and ensuring that individuals are provided with the best
    possible development opportunities in line with these.
  • Creates an environment in which learning and development are emphasised and valued.
  • Effectively
    delegates authority and responsibility, in line with business
    objectives, to ensure the empowerment, motivation and effectiveness of
    all direct and indirect reports.
  • Encourages team members to
    express their views, resolves issues raised by the team, escalates
    issues if required, and provides feedback to teams on an on-going basis.
  • Develops
    and maintains an open communication channel with direct reports and
    supports staff to foster greater co-operation and teamwork.
  • Implements Talent Review Sessions and succession planning, in conjunction with Human Capital business partners.
  • Ensures staff are appropriately and consistently rewarded and recognised for their achievements and outputs.

Measures:

  • Staff engagement survey
  • Formal training programmes in place which addresses skills shortages and EPM PDP requirements
  • Succession plan in place for all key roles.

Output Group 7

Management and reporting of the PBB credit portfolio

Outputs And Measures

  • Accountable
    for determining the tasks, selecting the resources needed for the
    successful implementation of business (Credit) related projects.
  • Ensures that all project personnel receive an appropriate orientation on the project.
  • Monitors the progress of the project and make adjustments as necessary to ensure the successful completion of the project.
  • Ensures that the project deliverables are on time, within budget and at the required level of quality.
    • Derives the full cost of credit for the PBB credit function and puts in place cost containment measures.
    • Ensures
      that all internal and external reporting is completed accurately, on
      time and that appropriate value adding insights into the portfolio are
      provided so that both internal and external users of information have a
      deep and appropriate insight into the quality of the portfolio and the
      appropriateness of the processes.
    • Produces reports on the
      portfolio performance on a regular basis as per business requirements.
      Ensure reports are on the level suitable to the audience.
    • Identifies
      and analyses portfolio risks proactively; and forecasts the credit loss
      provision and engage with business accordingly.
    • Manages the internal and external audit interactions.

Measures:

  • Implementation of credit projects within set timelines to achieve defined business outcomes.
  • Cost of credit target not exceeded.
  • Accurate and Timeous reporting at all times.

Output Group 8

Stakeholder engagement and efficient cost management

Outputs And Measures

  • Manages costs within agreed budgets for the PBB credit Department.
  • Build
    and maintain credible relationships with internal and external
    stakeholders, including management, internal and external audit,
    non-executives, regulator as well as peers in local and international
    banks.
  • Manage relationships in a complex matrix structure,
    across a multi-disciplinary environment with cross functional
    stakeholders at all levels of the origination.

Measures:

  • Capex and Opex budgets not to be exceeded.
  • Favourable stakeholder feedback within agreed benchmarks.
Read Also:

NEW TANZANIAN JOBS, INTERNSHIPS AND VOLUNTEERING OPPORTUNITIES 2021 (1,149 POSTS)

Preferred Qualification and Experience

Qualifications

Minimum Qualification 1*

First Degree Qualification: BCom, Business Finance, Engineering, Risk Management, Business Administration.

Minimum Qualification 2

Post
graduate qualification Mathematics, Business Finance, Financial
Accounting, Accounting, Financial Management Science, and Mathematics.

Other qualifications, certifications or professional memberships

Professional Qualification CA, CFA, CIMA, ACCSI, Honour’s Degree in Business Finance, Accounting, Business related program

Recommended:

Free
CV Writing and Download, Cover/Job Application Letters, Interview
Questions and It’s Best Answers plus Examples. Click Here!


Experience

Experience

Required 1*

Job Function: Risk Management

Job Family: Credit risk

Years: More than 10 years

Experience
Description: 7- 10 years’ experience, including 2-5 years as a credit
operations or portfolio manager in high-volume personal (Retail) credit.
Prior experience with credit workflow management tools and automated
decisioning technology essential.

Experience

Required 2

Job Function: Personal and Business Banking

Job Family: Retail credit risk

Years: More than 10 years

Experience
Description: An in-depth experience in PBB credit risk Management and
Originating deals and building and maintaining internal stakeholder
relationships with the aim of driving Business Strategy.

Knowledge/Technical Skills/Expertise

Technical Competency 1*

Competency Label: Loan Assessment And Approval

Competency
Description: The ability to assess the financial status of a customer
or client to determine if they qualify for a loan based on established
parameters and criteria.

Proficiency Level: EXPERT – Provides leadership in this field both within the organisation and in the larger industry

Technical Competency 2*

Competency Label: Financial statement analysis

Competency
Description: The ability to review balance sheets, income statements,
cash flow statements and tax returns to determine the credit risk of the
client.

Proficiency Level: EXPERT – Provides leadership in this field both within the organisation and in the larger industry

Technical Competency 3*

Competency Label: Risk/ Reward Thinking

Competency
Description: The ability to provide due consideration to risks, rewards
and the cost of control measures in evaluating business opportunities,
process and system changes.

Proficiency Level: EXPERT – Provides leadership in this field both within the organisation and in the larger industry

Technical Competency 4

Competency Label: Evaluating risk Management Effectiveness

Competency
Description: The ability to determine if risk management and control
measures are achieving the desired results and mitigating risks at the
expected level.

Proficiency Level: EXPERT – Provides leadership in this field both within the organisation and in the larger industry

Technical Competency 5

Competency Label: Collections

Competency
Description: Knowledge and understanding of the process of encouraging
borrowers to pay their overdue loan amounts. Knowledge and understanding
of the process and legal requirements for the attachment of property or
other methods to recover amounts due from loans in arrears

Proficiency Level: ADVANCED – Mastered the concept, able to act independently, provides guidance and training to others

Technical Competency 6

Competency Label: Risk Response Strategy

Competency
Description: The ability to facilitate the creation and adoption of an
appropriate risk response strategy and to assign ownership for the risk
response.

Proficiency Level: ADVANCED – Mastered the concept, able to act independently, provides guidance and training to others

Technical Competency 7

Competency Label: Risk Identification

Competency
Description: The examination of the essential elements of risk such as;
assets, threats, vulnerabilities, safeguards, consequences and the
likelihood of the threats materialising.

Proficiency Level: EXPERT – Provides leadership in this field both within the organisation and in the larger industry

Technical Competency 8

Competency Label: Economic Capital Management and risk Reporting

Competency
Description: Understands the capital implications of the stated risk
appetite, individual risk exposures, portfolio risk exposures, and
determines capital requirements on a risk adjusted basis.

The
ability to prepare quantifies and qualitative analysis on the risk
landscape in the business including interpretation and analysis for use
by business users.

Proficiency Level: EXPERT – Provides leadership in this field both within the organisation and in the larger industry

Recommended:

Get Notifications Faster by:
(Visited 5 times, 5 visits today)

The post New Job Vacancy at Stanbic Bank Tanzania Limited – Head, PBB Credit appeared first on Ajira - Nafasi za kazi Tanzania 2019.



source http://ajira-nafasizakazitz.com/33090/