Credit Analyst – Lagos Job at Standard Chartered Bank Plc

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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