About US:

Stanbic Bank Uganda Limited is a subsidiary of Stanbic Africa Holdings Limited which is in turn owned by Standard Bank Group Limited (“the Group”), Africa’s leading banking and financial services group. The Standard Bank Group is the leading banking group focused on emerging markets. It is the largest African banking group ranked by assets and earnings. Stanbic Bank Uganda Limited is the largest bank in Uganda by assets and market capitalization. It offers a full range of banking services through two business units; Personal and Business Banking (PBB), and Corporate and Investment Banking (CIB).

Job Summary

Responsibilities

• Responsible for management of NPL names (primary responsibility) with decisions approved through Ad-hoc and monthly NPL committees. Act as key account liaison to deal with queries and issues from Relationship Managers, Risk, Operations and Collateral Teams as well as with external professionals such as valuers, auctioneer’s, lawyers, receivers etc. on matters relating to Non-Performing Loans
•  Along with the relevant Relationship and Credit Managers, assess clients/accounts in order to manage risk and limit exposure over the short, medium and long-term.
• Assess counterparties, the current security position and where appropriate take additional security. Participate and sometimes lead Rapid Risk Reviews in order to identify potential watch list and non-performing loans early.
• Oversee the drafting of sound legal documentations and scrutinise agreements including but not limited to facility agreements, consortium agreements, security sharing agreements and mortgage charges, in accordance with set risk parameters.
•  Responsible for advising Personal and Business Banking on performing loans showing signs of distress (Watchlist names). Executed through Portfolio Rapid Risk Reviews and Watchlist Committees. Provide recommendations to improve business and banking risk and enhance customer relationships to Business and Credit Teams. Brief Heads of Business to enable them to lead negotiations with watch listed names.
• Responsible for recommending impairment requirement (provisions) to CRMC and PBB Specific Debt Provisioning Forum. Ensuring internal, IFRS, and regulatory provisioning requirements are met.
• Responsible for collecting and maintaining loan loss data. Database updated as and when exposures change, or material recovery event occurs.
• Develop and implement solutions for credit recovery on accounts in order to secure debt, stabilise accounts or turnaround where possible.
• Be involved and influence client visits and negotiations to manage credit recovery processes including restructure and or renegotiation of facilities.
•  Provide advice to various stakeholders on credit recovery and liquidation / receivership processes.
• Document and communicate relevant decisions to all relevant stakeholders.
• Assist with relevant reporting returns and provide advice on these where required.
•  Conduct in-depth research on relevant accounts, applying banking, legal and credit knowledge where applicable.
•  Participate in industry initiatives from time to time

Job Requirements

Required education: Bachelor's degree
Required relevant work experience: 5 years