Credit Analyst - Lagos Job at Standard Chartered Bank Plc

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Job Title: Credit Analyst

Employer: Standard Chartered Bank Plc (SCB)

Job ID: 407928

Job Function: Wholesale Banking

Location: Lagos, Nigeria

Full/Part Time: Full time

Regular/Temporary: Permanent

Department:Client Coverage

Grade: 6

Reports To: Head of Banks & FI

Job Purpose:

•   Overall responsibility for Credit Risk and analysts within the Segment.

•   Primarily responsible for managing the credit risk associated with the portfolio and ensuring high quality of the portfolio.

•   Closely work with the RM from the origination & play a vital role in deal structuring to add good value from a credit/policy perspective.

•   Work with the RM on a specified portfolio and facilitate revenue growth in the portfolio

Key Roles & Responsibilities:

•   Interact with the client, gather deal requirements, financial statements and other inputs for performing quality analysis and due diligence.

•   Work with RM/product partners in structuring credit solutions for the clients and ensuring the appropriateness of the products.  

Work with the RM, in:

•   obtaining all pre clearances like ER negativity, segmentation, etc.

•   preparing & presenting work-shopping note and c) expediting approvals.

•   Responsible for end-to-end BCA process including preparing all the tools like Odyssey, Scorecard, etc, in-depth analysis of various risks, quality presentation and ensuring fast credit approval.

•   Ensure compliance of all internal and regulatory credit/other portfolio related policies e.g. preparing the Country portfolio standard checklist, Temasek check, other special reporting requirements, etc.

•   Coordinate and prepare for GCC meetings

•   Liaise with GAM Credit for limit approval/allocation.

•   Release the trade offerings in IMEX, after obtaining the necessary approvals.

•   Seek necessary approvals for excesses in the account.

Post Deal Account monitoring:

•   Monitor quality of the portfolio by tracking Excess/past dues, strictly complying with ASTAR, EAR processes.

•   Ensure timely submission of quality Quarterly Credit Reports

•   Monitor Risk Triggers, Covenants and other credit conditions and report appropriately

•   Ensure Zero BCA over dues.

•   Liaise with Credit on BCA and other credit issues and ensure quick turnaround on queries.

•   Proper maintenance of Credit files and ensuring Audit Ready at any time

•   Attend EAR/Portfolio call/MTM calls along with the RMs

•   In partnership with the relationship manager, ensure timely identification of accounts to be put in EAR as per the bank's policies and guidelines

Qualifications & Skills:

•   University Degree or Professional Qualification in a relevant discipline

•   Minimum of 5 years banking experience with significant corporate banking knowledge

•   Strong Communication and people management Skills

•   Strong selling and negotiation skills

•   Strong Financial, analytical and writing skills.

•   Thorough understanding of the bank's products and credit policies

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