Job Title: Account Manager -Group Special Assets Management (GSAM)
Organisation: Standard Chartered Bank (StanChart)
Job ID: 420031
Duty Station: Kampala,
Country: 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
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.
Qualifications,
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.
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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