Friday, 22 June 2018

Jobs open at First National Bank, Namibia

About First National Bank:

First National Bank (Namibia) (abbreviated as FNB Namibia) is Namibia's largest commercial bank and, according to The Banker magazine of London, Namibia's best bank for the fifth consecutive year.
The financial institution has its headquarters located in Windhoek's Independence Avenue. It is one of the eleven commercial banks licensed to operate in the country by the Bank of Namibia (the national banking regulator) and the first commercial bank created in the country before independence. and follows international standard in Banking and Finance.


FNB Namibia was founded as Deutsche Africa Bank (DAB) in 1907, and in 1915 the National Bank of South Africa took over the assets of DAB which was in 1926 integrated with Barclays Bank. Barclays Bank changed the name of the South African operation to Barclays National Bank Limited in 1971, and later to First National Bank of Southern Africa.

After the shareholding changed in December 1987, First National Bank of SWA/Namibia Limited was incorporated in February 1988. FNB Namibia listed on the Namibia Stock Exchange in 1997 and is currently largest locally listed company with market capitalisation of N$ 1,9 billion or 39% of the NSX total market cap. The merger between FNB Namibia and Swabou happened in 2003.



Job Id: 

IRC152392
Organization:

 FNB
Job Type: 

Permanent
Job Segment:

 Banking
Location: 

Namibia
Deadline: 

5th August, 2018

Job Description:

To do Credit evaluations of credit applications comprising of new business & renewals in line with limits of delegated authority. Excess management within parameters of delegated mandate. Preparing recommendations for escalation into the relevant credit committee in excess of personal delegated mandate. Active participation in “in-country” debt restructuring committee meetings. Providing support and guidance in terms of structuring deals within personal delegated mandate.

Responsibilities:


·        Drive a sustainable increase in the average balance of assets as defined in the Financial Performance Report of the Business.
·        Reduce/Maintain percentage of non-performing loans as a percentage of total book (within FNB Business book) within approved targets.
·        Deliver exceptional Credit service that exceeds customers' expectations through proactive, innovative and appropriate solutions which are in the best interest of the Bank and the client.
·        Tailoring financial solutions, within credit- and legislative framework, to assist FNB Business and retain clients.
·        Cultivate and manage objective working relationships with a variety of stakeholders, most prominently being FNB Business and credit committee members.
·        Maintenance of expert knowledge on relevant legislative amendments, industry best practices and provision of proactive advice and solutions to relevant stakeholders.
·        Ensure average approval turnaround time against target to ensure retention of clients.
·        Credit approval focus by scrutinizing credit applications from relationship/sales managers.
·        Evaluates and authorize without reference or overview credit proposals within limits of delegated authority.
·        Scrutinizes and credit proposals above limits of delegated authority and add recommendations for Senior Credit Manager’s Committee.
·        Comply with governance in terms of legislative and audit requirements, inclusive of policies approved and to be adopted (as per approved “in-country” mandates and policies approved by FNB Africa Credit).
·        Ensures the implementation and adherence to all risk management procedures, including credit evaluation, credit management and remedial action (Risk 0 – 2).
·        Efficient management of high risk portfolio including timely identification of high risk clients and implementing remedial action within credit sub committees.
·        Appraises the risk factor where excesses over arrangements within prescribed responsibility are reported and institute suitable action to protect the Group from exposure (adequate limit- and excess management).
·        Identifies and assess credit risks relating to new corporate proposals by ascertaining the degree to which lending principles and processes were applied in the formulation of the proposal.
·        Ensure compliance to the Basel II accord.
·        Manage limits that are in excess of normal limit by reducing number against total limits.
·        Ensure proper implementation, upkeep and accuracy of the Credit system and the raising of accurate provisions.


Requirements:
·        Relevant Graduate qualification in Credit, CIAB or B-Com Honours.
·        5 years working experience in a Credit environment.

How to Apply

Interested Candidates Should:






Job Id: 

IRC152239
Organization:

 FNB
Job Type: 

Permanent
Job Segment:

 Banking
Location: 

Namibia
Deadline: 

1st August, 2018

Job Description:

To provide appropriate risk and investment advice, expertise and support to clients in order to assist them in achieving their financial goals, whilst adhering to compliance requirements, within the FNB Premium advisory sales and product mandates and targets.

Responsibilities:

·        Ensure profit growth for the business through effective financial advisory services.
·        Deliver exceptional and high quality advice that exceeds customers' expectations through proactive, innovative and appropriate solutions.
·        Build and sustain collaborative working relationships with relevant peers and stakeholders in order to achieve productivity synergies.
·        Determine strategies for meeting clients' financial objectives through analysis of clients' financial information and providing expert advice.
·        Identify new business opportunities and forward these leads to the appropriate product house to ensure cross sell opportunities.
·        Grow portfolio and increase customer base by managing existing clients, generating new leads and growing active customer account base.


·        Ensure compliance to legislative and audit requirements and adherence to relevant processes.
·        Continuously assess own performance, seek timely and clear feedback and request training where appropriate.
·        Develop and nurture internal relationships within the FirstRand Group enabling collaboration.

 Requirements:
·        Minimum: Necessary regulatory requirements: NQF5 or Diploma in Financial Planning.
·        Preferred: CFP.
·        Minimum: 2-3 years' experience in Financial Planning.

How to Apply

Interested Candidates Should:





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