Job: Specialized Credit Originator
Purpose of Job:
A well-versed credit professional mandated to assist Wholesale Business
Originators with the origination of large and complex credit proposals on behalf of
The bank’s entities, within acceptable turnaround times (Reports to the Head of Credit- Corporate and Investment Bank)
Responsibilities:
• Assisting Wholesale Business Originators in negotiating term sheets with clients
Ensuring that the deal structure, conditions and covenants conforms to
Investment banking standards and the overall credit requirements of the bank.
• Obtain relevant information from clients, conduct a thorough credit due
Diligence and obtain additional required research to complete a thorough
Credit/risk analysis of the clients business.
• Compile and present/recommend credit proposals of a high and professional
Standard to the Banks executive for credit approval.
• Assist the Business Originator in coordinating the deal execution/legal process
Ensuring legal council draft documentation that effectively represents the
Commercial and credit objectives of the bank, and ensure the fulfillment of
Conditions precedent to advancing facilities.
Knowledge
Competencies:
• Ability to analyze complex project finance structured and trade finance
Transactions, which include strong financial modeling skills.
• Well proven specialist credit skills
• Track record of operating in a wholesale business environment or a proven
Ability to understand holistic business, pricing and capital management issues,
With exposure to syndicated loans and distribution strategies (originate and sell
Down) a strong advantage.
• Practical understanding of the business operating and legal environment in
West Africa.
• Detailed understanding of accounting, including both management and financial
Accounting in order to analyze the financial strengths and weaknesses of
Clients, and identify potential risks to credit proposals.
• Thorough understanding of wholesale/investment banking products and
Facilities that give rise to counter-party credit risk, including suitable
Mechanisms/structures, conditions and covenants to mitigate/allocate risk in a
Manner that results in an acceptable risk profile to the bank.
• Knowledge of financial markets, and the volatile nature of certain variable
Security held, as well as the market forces that influence their market value.
• Using available information sources and technology to effectively tap
Information crucial to sound and informed decision making and management of
Credit related deals.
• Practical understanding of legal documentation relative to specialized lending
Transactions with the ability to interpret legal terminology in a logical manner, to
Facilitate, in close cooperation with legal council, legal agreements reflecting the
Commercial and risk objectives of the bank.
• Thorough conceptual and practical knowledge of credit procedures, policies and
Standards, as they apply to each situation such as credit applications, bad
Debts, disputes, obtaining legal assistance and reporting.
• The ability to take a balanced approach towards risk/reward with effective risk
Mitigation as opposed to a risk minimization approach.
• An understanding/ability to understand the broader business environment in
Which the bank operates from a geographic, Industry, organization, functional
And regulatory perspective (incl Basel ii), and to relate that to the wholesale
Credit function.
• An adequate knowledge of risk best practice (measurement and management
Systems, processes and policies).
• The ability and confidence to operate and make decisions independently whilst
still operating as an effective team player.
• Effectively applies verbal, nonverbal and written communication methods to
achieve desired results, taking particular account of cultural diversities and
language barriers.
Success
Indicators:
• Increase in quality of business analysis and motivation on credit applications to
eliminate unnecessary queries; improve turnaround time on decisions; and,
achieve high reliability of credit analysis.
• Co-operative relationships between internal contributors in the credit value
chain
• Provide clients with meaningful credit evaluation input at source of the proposal,
and constructive feedback in the event of a declined application or where extra
Security or conditions/covenants is required.
• Quick overall turnaround times.
• A high level of credibility with all stakeholders.
Requirements:
1) Qualifications: Commerce related degree essential
Post-graduate degree beneficial
Professional commerce related qualifications are required.
2) Experience: A solid background in credit, with specialist credit skills (minimum 5 years
Experience) and the proven ability to provide specialist input on project finance,
structured and trade finance transactions.
3) Personal
Competencies:
• Achievement/closure and “make it happen” orientated
• Confident effective communication with internal and external clients.
• Ability to establish a high level of credibility with relevant stakeholders/internal
and external clients.
• Effective negotiation skills and the ability to influence people
• Energetic and passionate about his/her job.
• Ability to operate under a matrix reporting system
• Ability to work effectively under pressure.
• Solutions orientated
• Good culture fit and personality to fit into dynamic team
Please send your CV to talktocharleso@yahoo.com