Manager, Debt Solutions (Retail And Business Banking) KZN

Job Description

Job Details

standard Bank is the largest bank in Africa and our highly visible brand, award-winning service, and strong global presence helps us maintain our market-leading position. We place huge value on the talent of our people to drive our continued success, and to support our plans for growth. We now need a talented and resourceful individual to help us fulfill our business objectives and build customer loyalty.

Job Purpose

To gather and analyse relevant information and insights for Retail and Business Banking clients in order to support the Head Complex Solutions to deliver appropriate leverage and acquisition finance solutions, together with Commercial Property Finance.
To act as subject matter expert where leveraged acquisition finance (LAF) solutions and Commercial Property Finance where required.
Actively target and acquire new clients to the bank and assist in providing them with finance and moving their entire banking relationship to Standard Bank.

 

Key Responsibilities/Accountabilities

 

Finance
•Supports the Head of Complex Solutions, the Provincial Heads, and Relationship Managers in the expansion of existing LAF portfolios by maintaining close and frequent contact with them and their customers to analyse and establish ecosystem leads of non-to bank potential clients and understand their financial requirements.
•Increasing the number of new to bank clients banked by Retail and Business Banking through the acquisition of new risk groups.
•Visits and compiles client reports for customers in support of meeting their LAF requirements.
•Provides detailed and relevant insights and analysis to support revenue growth and decision making for the head of the area.
•Identifies and actions opportunities for cross- and up sell.
•The primary focus is to increase new to bank customers which are primarily debt lead, together with supporting the provincial teams with complex transactions where specialist input is required, and the skills are not available in the said Province.

•Provides input into the structuring of LAF solutions in support of the head of the area and the area and the relationship managers when dealing with new to bank clients.
•Adheres to the customer engagement model in order to meet customer demand (conducts follow-up and/or information gathering visits).
•Accompanies relationship managers where required to analyse and identify customer LAF needs and to better understand their financial requirements with new to bank opportunities.
•Ensures that customer analysis is produced timeously. Provides specialist input into credit applications, and where needed, will draft the respective credit application and will take the application through credit.
•Identifies new opportunities where potential clients are not banked by Standard Bank. Actively devise a plan and implement it in order to bring the client across to Standard Bank.
•Where required, support the relationship managers with existing clients where the client has a complex need that must be solved, and the skill set is not available in Province.

Process
•Identifies and recommends actions to be taken on system conditions in order to eliminate waste.
•Where LAF and New business solutions require new and/or amendments to existing products makes recommendations to the head of the area for input into Product development.

Risk
•Assists the head of the area with LAF deal structuring ensuring that credit risk is identified and contained within the risk appetite.
•Drives and implements the Financial Intelligence Centre Act (FICA) to ensure adherence to record keeping and data privacy requirements.
•Complies with all applicable legislative requirements such as National Credit Act (NCA), Companies Act, Consumer Protection Act (CPA), etc.
•Adheres to all internal risk related policies and guidelines.

Responsibilities + Skills

Developing StrategiesInteracting with PeopleMaking DecisionsDirecting PeopleSeizing OpportunitiesExploring PossibilitiesChallenging IdeasImpressing PeopleEmbracing ChangeConvincing PeopleConveying Self-ConfidenceEstablishing RapportInterpreting Financial StatementsFinancial AcumenPresentation SkillsDeal AppraisalPlanning, Forecasting and BudgetingPromote Good Governance, Risk and ControlStrategic Planning and Reporting

Education

Conveying Self-ConfidenceEstablishing RapportInterpreting Financial StatementsFinancial AcumenPresentation SkillsDeal AppraisalPlanning, Forecasting and BudgetingPromote Good Governance, Risk and ControlStrategic Planning and Reporting

Experience

5-7 years Previous experience in a commercial banking or Corporate and Investment Bank, or similar environment. Experience in debt structuring solutions. Knowledge and understanding of debt structuring policies, systems and procedures. Sound experience in, and knowledge of, credit and compliance matters. Knowledge and understanding of different industry sectors and sector risk profiles and trends. Understanding of business and financial management principles and practices to ensure cost containment, cost efficiency and effectiveness and profitability. The sales ability to cold call and generate new to bank opportunities for RBB

Job Summary

  • Published on: Wednesday, 18th September 2019
  • Designation: Manager, Debt Solutions (Retail and Business Banking) KZN
  • industry: Finance
  • Vacancy:
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary: not
  • Gender:
  • Application Deadline: Wednesday, 18th September 2019

About the Company

  • Company Name: Standard Bank Group.
  • Address: 9th Floor 011 636 9111/2 SBZAZAJJ Standard Bank Centre 5 Simmonds Street Johannesburg 2001 P O Box 7725
  • Website: https://www.standardbank.co.za
  • Company Profile:
  • To provide design and build decision agents and Credit process requirements for all Personal and Business products across the risk lifecycle for a particular stream (i.e. origination, account management and collections - to be customised per jobholder). This includes the process design of the end-to-end solution and working closely with appropriate Architectures (e.g., IT, Credit, Business, Data, etc.) to formulate sustainable strategic solutions.

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