Standard Chartered Bank Current Job Vacancies in Zambia: Credit Analyst
- Company: Standard Chartered Bank
- Location: Lusaka, Lusaka Province, Zambia
- State: Lusaka
- Job type: Full-Time
- Job category: Banking Jobs in Zambia
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa, and the Middle East.
To us, good performance is about much more than turning a profit. It’s about showing how you embody our valued behaviours – do the right thing, better together and never settle – as well as our brand promise, Here for good.
We’re committed to promoting equality in the workplace and creating an inclusive and flexible culture – one where everyone can realise their full potential and make a positive contribution to our organization. This, in turn, helps us to provide better support to our broad client base.
The Role Responsibilities
As an Individual contributor:
- Responsible for financial analysis of institutional customers using credit skills, ratio analysis, evaluation of parent support policies, judgment of management strategy.
- Responsible for evaluation and understanding of risks associated with individual transactions, products and borrowers.
- Responsible for end-to-end BCA process including preparing all the tools like Raptor, Scorecard, etc, in-depth analysis of various risks, quality presentation and ensuring fast credit approval.
- Liaise with GAM Credit for limit approval/allocation.
- Liaise with Credit on BCA and other credit issues and ensure quick turnaround on queries.
- Responsible for monitor receipt of quarterly/ annual financial information for annual review.
- Responsible for quality of the portfolio by tracking Excess/past dues, strictly complying with ASTAR, EAR processes.
- Responsible for timely submission of quality Quarterly Credit Reports
- Responsible for monitoring Risk Triggers, Covenants and other Credit Conditions and report appropriately
- Ensure zero BCA over dues.
- Responsible for proper maintenance of Credit files and ensuring Audit Ready at any time
As an Individual contributor:
- Responsible for ensuring that the approval procedures, the standard of credit and maintenance, conform to controls/procedures established by the head of credit for the business unit.
- Responsible for ensuring compliance with bank policy and to ensure Bank Policy breaches are properly authorized at the correct senior approving level.
- Or In partnership with the Relationship Manager, timely identification of accounts to be put in the EAR as per the Bank’s Policies and Guidelines
- Responsible for ensuring total compliance with current Customer Due Diligence (CDD) and Anti-Money Laundering (AML) policy guidelines and changes as advised from time to time by Group and Regulators
- Responsible for preparing timely Stress Tests wherever required
In collaboration with others:
- Coordinate and prepare for CIC meetings
- Attend CIC, Portfolio / Mark to Market calls along with the RMs
Regulatory & Business Conduct
- Display exemplary conduct and live by the Group’s Values and Code of Conduct.
- Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
- Lead the FI to achieve the outcomes set out in the Bank’s Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Our Ideal Candidate
The job requires strong analytical skills which could be acquired by the following:
- Academic: University degree in business/commerce/economics is preferred however a degree in science or other fields where analytical skills are gained is acceptable.
- Training: Standard Chartered Bank’s Credit skills Assessment programme (CSAP), Corporate Credit Curriculum (CCC), proactive sales skills, and proactive negotiation skills.
- Professional: AICB/CPA/CPS qualification are added advantage
- Experience: At least one year’s experience in a busy Credit Management/ Analysis Area of a major commercial bank is preferred.