Standard Bank Offshore is the offshore arm of the Standard Bank Group, a leading Africa focused financial services group, and an innovative player on the global stage. Our international Banking, Lending, Investment, Fiduciary and Wealth Management services offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals.
Our clients range from individuals to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa and SBO is perfectly positioned to support the growth of our organisation from our office in the Isle of Man, Jersey, London, Mauritius and South Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.
Job DescriptionPLEASE NOTE:
- This role is not open to relocation. Only candidates who have residency and right to work in the Isle of Man can be considered.
To provide efficient lending offering to PPB clients, in collaboration with the Business Dev Managers, contribute to the service delivery of client centred, coordinated solutions to enable a positive client experience. To grow the loan book by reviewing the product set and identifying opportunities for additional or more efficient debt structuring for clients to contribute to the overall profitability of the business. Responsible for structuring new loans, pricing, drafting legal documentation, fulfilling of conditions & distributing funds, maintenance/servicing/settlement of loans and proposing of credit applications to the Credit team/Committee.
QualificationsMinimum Qualification:
- Degree in Business Commerce
Experience Required :
- 5 - 7 years experience in Investment Banking, General banking experience with exposure to the entire retail banking value chain and 5 years of exposure to credit. Clear understanding of lending value proposition and delivery strategy as well as thorough knowledge of the code of banking practice.
- Loans and Credit Experience
- Review of products, Structures and processes of loans
- Running a credit book
- Experience with pricing margins
- Engagement with solicitors
- Growing loan book
- Manage and assist with New and expired facilities
- Understanding and experience of cost of capital
- Handle credit applications all the way through to committee
- Deal and manage: High volume, Low value
Key Outputs :
- Act as the first line of defence, ensuring quality control and risk management
- Adjudicate contentious issues between the client, the credit division and the Bus Dev Manager and encourage solutions
- Advise BDM and clients on the suite of lending products and recommend the most suitable product to meet their specific needs
- Conduct a thorough needs analysis to identify customer needs effectively when opening new accounts or giving product advice
- Encourage the credit division to turnaround applications promptly and in line with service levels agreement
Additional Information
Behavioural Competencies:
- Adopting Practical Approaches
- Convincing People
- Developing Strategies
- Documenting Facts
- Establishing Rapport
- Managing Tasks
- Producing Output
- Providing Insights
- Seizing Opportunities
- Showing Composure
- Understanding People
- Upholding Standards
Technical Competencies:
- Customer Understanding
- Product and Services Knowledge
- Asset Based Lending
- Debt Consolidation
- Loan Assessment & Approval
- Mortgage Lending
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