Sterling Bank Plc Job Recruitment

Sterling Bank Plc Job Recruitment

Sterling Bank Plc “Your one-customer bank” is a full service national commercial bank in Nigeria. In over 50 years of operations, Sterling Bank (formerly NAL Bank) has evolved from the nation’s pre-eminent investment banking institution to a fully-fledged commercial bank; and completed a merger with 4 other banks – Indo-Nigeria Merchant Bank, Magnum Trust Bank, NBM Bank and Trust Bank of Africa – as part of the 2006 consolidation of the Nigerian banking industry.

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We are recruiting to fill the position below:

1. Job Title: Investment Analyst – Sterling Alternative Finance

Location: Lagos
Job Type: Full-time
Specialization(s): Investment

Job Summary

  • To assess investments requests in line with regulatory standards; recommend for approval or rejection

Job Description

  • Identify inherent investment/credit, financial and business risk in facility requests and equity risk and moral hazard
  • Investigate environmental factors that can influence investment/credit decisions and make recommendation to the Investment committee for Non-Interest Banking
  • Recommend appropriate structure for Investment/credit facilities to ensure that the risk of investment/credit loss is properly mitigated including credit terms, security, and repayment terms
  • Conduct analysis and appraisals of all investment request
  • Conduct risk acceptance evaluation and assign risk rating in line with approved risk classification guidelines
  • Recommend requests for approval/rejection
  • Conduct equity investment analysis in accordance with Bank’s approved policies and procedures
  • Ensure investment requests comply with Regulatory Guidelines

Job Experience

  • First Degree in Finance-related field
  • At least 4 years’ experience in equity transaction and Investment deals

Person Specification/Job Profile:

  • The role calls for a person who displays patience, a friendly approach and enjoys working in structured situations, where hard work and consistent performance are important. Communication and the ability to persuade others in a thorough and factual manner are integral to this function
  • The incumbent should have the persistence to see a job through to its conclusion and work within specific guidelines whilst adhering to rules and procedures.

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Application Closing Date
August 18, 2021.

How to Apply
Interested and qualified candidates should:
Click here to apply online

2. Job Title: Real Estate Projects Analyst – Sterling Alternative Finance

Location: Lagos
Job type: Full-time
Specialization(s): Real Estate / Property Management

Job Summary

  • The Real Estate Project Specialist is responsible for formulating and implementing the group’s strategies for achieving the corporate objectives in the target market, meet and exceed customers’ requirement, maximize profit, minimize cost and risk.

Job Description

  • Contribute to the process of developing a business plan and annual budget for Real Estate portfolio in line with the business’ objective.
  • Formulate, implement, and review strategies for project management and cost management for the short, medium and long term in line with the SAF’s Group Real Estate portfolio business plan.
  • Develop and implement relationship strategies with Real Estate developers and civil engineers.
  • Use market insights to identify market opportunities and develop customer relevant propositions that drive key measures such as market share, revenue, profit, and brand health.
  • Supervise, monitor, and ensure project delivery are up to and above market standards in line with agreed contract.
  • Undertake regular supervision and ensure acceptable material standards for construction.
  • Provide regular update and information on existing and new projects.
  • Structure special transactions for improved profitability.
  • Maximize the business’ yield on risk assets.
  • Increase the business’ visibility through project finance and deal structuring.
  • Develop strategic alliances for public private partnership.
  • Ensure market research and intelligence surveys on target sectors are carried out regularly and a comprehensive database of information for both prospects and existing customers are maintained.

Qualification and Experience

  • First Degree in any discipline, professional qualification will be an advantage.
  • Up to10 years’ experience in a high-performance bank/ mortgage/ other financial institutions/construction firm. A minimum of 5 years must have been spent in project management & real estate finance.

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Application Closing Date
August 11, 2021.

How to Apply
Interested and qualified candidates should:
Click here to apply online

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