Job Title: VAF Sales and Credit Support
Job ID: 6772
Location: Lagos, Nigeria
Division: Personal and Business Banking
Position Client & Business Solutions
Company: Stanbic IBTC Bank Plc (a subsidiary of Standard Bank Group)
Sector: Banking and Finance
Job Purpose: – Liaising with credit unit of the bank on behalf of VAF RMs and Branch RMs to facilitate quick approval of facilities. Representing and presenting facility paper in Business Assessment Committee (BAC) and Credit Committee on transaction relating to VAF on behalf of VAF unit and branches. – Preparation of departmental reports and updates to Head, Business Banking VAF., and regular recommendation on the review of Business Banking VAF product parameters, changes necessary in the unit's marketing strategies in line with changes in Bank's credit unit appetite. – The job run through the front, middle and back office which requires sound understanding of Leasing vis a vis lease law in country of operation, credit risk, risk management and good knowledge of other bank's products parameters.
The job is necessary because VAF is a specialized bank product governed by special law and required special skills and experience in its administration.
Knowledge:
• B.sc /HND in a relevant field.
• The jobholder must have a deep and vast experience in Leasing with a bias to the leasing Law and practices in the country of operation.
• The jobholder must be conversant and have a good knowledge of other bank's products that are often jointly demanded with VAF products.
• The jobholder must be conversant with the VAF product parameters.
Skills:
• The jobholder must be computer literate with a moderate knowledge of Excel.
• The jobholder must have accounting skills good enough to compute financial ratios, interpret and understand them for decision making.
• The jobholder must possess credit risk skill and the ability to mitigate against risk.
•The jobholder must possess evaluating skills.
Experience:
• The jobholder must have a minimum 5 years credit and lease related experience.
Required Competencies:
• Attention to details
• Methodical
• Good numerical ability
• People management skills
• Self –motivated
• Good analytical skill
How to Apply:
• Visit Standard Bank Nigeria Jobs Portal (http://u.theinfostrides.com/T5SU1).
• Scroll down and enter the "Job ID" in the field provided named "Search by Job ID"
• Click on "Search".
Deadline: 29 February 2012.
VAF Sales and Credit Support Job (http://www.jobnavy.com/job/1406/vaf-sales-and-credit-support-job-at-stanbic-ibtc-bank-plc/)