Organisation: Standard Chartered Bank (StanChart)
Job ID: 420031
Duty Station: Kampala, Uganda
About StanChart:
Standard Chartered PLC is a leading international bank, listed on the
London, Hong Kong and Mumbai stock exchanges. It has operated for over 150
years in some of the world's most dynamic markets and earns more than 90 per
cent of its income and profits in Asia, Africa and the Middle East. This
geographic focus and commitment to developing deep relationships with clients
and customers has driven the Bank's growth in recent years.
With 1,700 offices in 70 markets, Standard Chartered offers exciting and
challenging international career opportunities for around 85,000 staff. It is
committed to building a sustainable business over the long term and is trusted
worldwide for upholding high standards of corporate governance, social
responsibility, environmental protection and employee diversity. The Bank's
heritage and values are expressed in its brand promise, Here for good.
Job Summary: The Account Manager will be responsible for
the;
·
Overall
management of accounts within your portfolio, assigned by the Area Head GSAM,
East Africa.
·
Ensure
that for designated account, all risks are properly identified and assessed
·
Ensure
that designated accounts have action plans which are formulated and implemented
so as to minimize risks, prevent losses, maximize recoveries and restore
profits through rehabilitation, workout, direct recovery actions and legal
processes.
·
Improve
early identification of problem debt, by development of a proper process
environment encouraging open and up front reporting from Relationship Managers
Key Duties & Responsibilities:
- The job holder will be
responsible for the protection of the Standard Chartered Bank’s interests
in, by taking appropriate restructuring or recovery actions (by means of
direct representation and negotiation).
- The protection of the Standard
Chartered Bank’s reputational interests.
- To assume
responsibility for specific accounts within your designated portfolio.
- Evaluate the credit
risk on applications within your portfolio as required and to recommend
approval, decline or alternative appropriate courses of action.
- Responsibility for
minimizing the Standard Chartered Bank’s risk arising from litigation,
environmental claims, regulatory censure, or potential reputational loss
regarding the impaired Accounts.
- Encourage the Standard
Chartered Relationship Managers towards early reporting of potential
problem debts.
- Keenly track and
provide information to the Area Head, GSAM E. Africa on the cause of losses,
encourage the development of improved Credit Skills. { i.e. : Operation
loss, Monitoring and Control, Credit Risk Assessment }
- Ensure you remain
alert to the risk of money laundering and assist in the Bank’ efforts in
combating it by adhering to the key principles in relation to: identifying
your customer, knowing your customer, reporting suspicions, safeguarding
records and not disclosing suspicions to customers.
Key Performance Indicators:
·
The
overall performance of the Standard Chartered Bank by minimizing losses, and
reducing the Bank’s exposure together with the restructuring of the Portfolio
through the exit of non-core accounts.
·
Continual
improvement of standards of risk management, a higher quality of lending, an
enhanced return on assets, an overall reduction in the level of Impaired
Accounts.
·
Ensure
you remain alert to the risk of money laundering and assist in the Bank’
efforts in combating it by adhering to the key principles in relation to:
identifying your customer, knowing your customer, reporting suspicions,
safeguarding records and not disclosing suspicions to customers..
Qualifications, Skills & Experience:
- The prospecetive Standard
Charteredemployee should possess excellent negotiation skills to manage
problem accounts in Uganda.
- Excellent interpersonal
skills coupled with professional integrity in order to command respect and
credibility in situations involving conflicting interests. (Internal
and external).
- The candidate must
have attained tertiary academic qualification and/or extensive practical
know-how in accounting, finance and banking practice and theory.
- Exposure and experience
in the banking industry, with sound knowledge of risks involved in
lending, particularly corporate and SME lending.
- Practical and
technical knowledge of laws relating to bankers’ rights, corporate
finance, security documentation and realization, appropriate Corporate
Law, receivership, bankruptcy and winding up.
- Stay abreast with the
latest Economic knowledge and conditions.
- Ability to resolve
conflicts, manage crises and solve problems, withstand pressure, work
fast, set priorities and organize management time among numerous accounts
needing urgent attention simultaneously, with initiative, creativity,
resourcefulness, analytical ability, energy and determination to execute
and win.
- Possess the ability to
communicate well, both orally and in writing, and to conduct meetings
(often in hostile/ confrontational circumstances and/or at very Senior
Corporate/Bank levels) and focus on relevant issues.
Possess an ability and willingness to exercise initiative, make decisions,
exercise responsibility and accept accountability for actions taken and
decisions made.
- Financial engineering
dexterity with a comprehensive repertoire of strategic and tactical tools.
Numerous accounts needing urgent attention simultaneously, with
initiative, creativity, resourcefulness, analytical ability, energy and
determination to execute and win..
NB: Standard Chartered is committed to diversity and
inclusion. We believe that a work environment which embraces diversity will
enable us to get the best out of the broadest spectrum of people to sustain
strong business performance and competitive advantage. By building an inclusive
culture, each employee can develop a sense of belonging, and have the
opportunity to maximise their personal potential.
How to Apply:
If interested in working with Standard Chartered Bank in the above
portfolio, Please send us visit Web link below and review requirements and
thereafter express your interest by Clicking Apply Now
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