- Company: Stanbic IBTC Bank
- Location: Lagos, Nigeria
- Job type: Full-time
About the role
Stanbic IBTC Bank is seeking a Transaction Management Officer to join its Group Functions team in Lagos. This role focuses on managing syndicated and bilateral loans originated by Corporate and Investment Banking. You will ensure the proper implementation and execution of these transactions to mitigate risks and reduce operational losses after disbursement. The position also involves providing deal structuring support and managing the operational aspects of on-lending funds used to finance facilities across Personal, Business, and Corporate Banking.
Responsibilities
- Support the business in structuring transactions and managing them from disbursement to final maturity.
- Monitor the fulfillment of Conditions Precedents for drawdowns and coordinate sign-offs from Business, Credit, and Legal teams.
- Manage loans and advances to minimize losses, ensure obligations are met, and maintain data integrity.
- Ensure compliance with ratios and financial covenants for Development Finance Institutions such as FMO, IFC, and DEG.
- Administer special funding schemes from the Federal Government of Nigeria, including CACS, NIRSAL, BOI, and MSMEDF.
- Submit timely returns and information to fund providers as per executed agreements.
- Monitor and report covenant breaches to ALCO/Management through monthly Financial Ratio reports.
Requirements
- Education: BSc in Finance, Accounting, or a related field.
- Certifications: Professional certifications such as CFA, CIMA, or ICAN ACA are an added advantage.
- Experience: 3 to 4 years of post-qualification experience in Financial Services or banking, preferably in loans administration or middle office roles.
- Skills: Exposure to credit analysis, credit risk management, investment banking, and international trade products.
- Competencies: Strong abilities in articulating information, checking details, establishing rapport, examining data, following procedures, interacting with people, and interpreting data.
How to apply
Interested and qualified candidates should apply online via the link below.
