Credit Analyst, Lagos - Nigeria Job at Standard Chartered Bank Plc

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Job Title: Credit Analyst  

Employer: Standard Chartered Bank Plc (SCB)

Job ID: 417612    

Job Function: Wholesale Banking

Location: Lagos, Nigeria  

Full/Part Time: Full time

Job Description:

•   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.

•   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:

•   Minimum of a 2nd Class degree in a relevant course

•   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

In compliance with the National Youth Service Corps (NYSC) Act of 2004, all applicants should ensure that they have completed the mandatory NYSC programme. A discharge certificate will be required as evidence of completion of the programme. Where an exemption has been granted, a certificate of exemption will also be required.

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