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Mid-level Banking, microfinance, insurance Jobs in Africa
6
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Standard Bank Group
Manager, Collateral Monitoring Unit
Nairobi, Kenya
KCB Group
Senior Manager, Credit Quality, Policy, And Governance
Nairobi, Kenya
First Bank of Nigeria Limited
Cluster Control Officer, Jos / Makurdi
Lagos, Nigeria
First Bank of Nigeria Limited
Cluster Control Officer, Sokoto
Lagos, Nigeria
Wema Bank Plc
Business Development Manager
Ibadan, Nigeria
NCBA
Business Analyst - Ecosystem Business
Nairobi, Kenya
American International Health Alliance (AIHA)
CLOSEDCredit Control Accountant - Broker Channel
Nairobi, Kenya
I&M Bank
CLOSEDManager - Credit Reporting & Control
Nairobi, Kenya
I&M Bank
CLOSEDAssistant Manager, Credit Reporting And Control
Nairobi, Kenya
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NCBA
CLOSEDCredit Analyst
Kampala, Uganda
Closing: May 13, 2024
1 day remainingPublished: May 7, 2024 (6 days ago)
Job Requirements
Education:
Work experience:
Language skills:
Job Summary
Contract Type:
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Qualifications
Knowledge
- First degree in Building Economics, Quantity Surveying or equivalent, including valid regulator accreditation.
- Sound knowledge and understanding of credit criteria, credit policies, risk and financial analysis, credit control and the application thereof
- Thorough working knowledge of the operating system and its related procedures, for analysing the account behaviour of clients
- Thorough understanding of all the bank’s product and facilities that give rise to counterparty credit risk
- Understanding terms of the facilities and any conditions and covenants that will need to be complied with over the duration of the facility’s life
- Understanding of the bank’s systems, policies, and procedures to optimally draw on the available information to manage and control the post-credit granting processes
Experience
5-7 years experience in:-
- Banking, particularly pertaining to credit risk management, banking processes regarding banking products and the operation thereof
- Energetic and with sound decision skills
- Must be able to work under pressure and remain focused
- Analytical with a tolerance for high volumes and problem absorption whilst detailed oriented.
- Previous management experience
Responsibilities
Qualifications
Knowledge
- First degree in Building Economics, Quantity Surveying or equivalent, including valid regulator accreditation.
- Sound knowledge and understanding of credit criteria, credit policies, risk and financial analysis, credit control and the application thereof
- Thorough working knowledge of the operating system and its related procedures, for analysing the account behaviour of clients
- Thorough understanding of all the bank’s product and facilities that give rise to counterparty credit risk
- Understanding terms of the facilities and any conditions and covenants that will need to be complied with over the duration of the facility’s life
- Understanding of the bank’s systems, policies, and procedures to optimally draw on the available information to manage and control the post-credit granting processes
Experience
5-7 years experience in:-
- Banking, particularly pertaining to credit risk management, banking processes regarding banking products and the operation thereof
- Energetic and with sound decision skills
- Must be able to work under pressure and remain focused
- Analytical with a tolerance for high volumes and problem absorption whilst detailed oriented.
- Previous management experience
Product
- Validate the accuracy and completeness of bills of quantities, drawings, construction contracts and related documentation provided for building loans.
- Monitor construction projects from start to finish, monitoring progress according to predetermined schedules.
- Liaise with all parties involved in construction projects including Architects, Quantity Surveyors, Engineers, Project Managers & Contractors.
- Periodic inspections of construction sites and preparation of site visit & loan monitoring call report.
- Undertake a comprehensive and robust monitoring, stock count and other activities of customers related to CMU in line with approved sanction and various distributorship schemes.
- Undertake periodic and ad-hoc visits / spot checks to review clients’ operations and provide a comprehensive status report as stated in approved sanctions, which must include identification of potential structural weakness in clients’ operations.
- Liaise with external agents, e.g., warehousing/collateral agents etc. on behalf of the Bank and act as a checker on their activities in line with executed service agreements. Reports will be duly provided for such activities.
- Provide guidance and input in applications requiring monitoring from CMU prior to submission to Credit while simultaneously proceeding with validation of information and documentation provided by the customer.
- Ensure CMU SharePoint is updated with relevant reports and documentation as required by centre.
- Track collections from key distributors under the various approved schemes to forestall any possible diversion of sales proceeds.
- Authorisation of funds transfer from collection accounts to client’s current accounts.
- Review account performance vis-a-vis terms and conditions of approval and ensure strict adherence.
- Verify documents and information in day-to-day work as delegated by Account Management or Credit Evaluation in line with approved turnaround time.
- Diarise and follow up on conditions of sanction/covenants as relates to the CMU function.
- Refer/escalate / flag up problematic or irregular accounts (inappropriate payment patterns, failure to meet specific covenants etc.) to Credit Evaluation and Account Management for inclusion in monthly watch list.
- Maintain a proper monitoring system and ensure that the data set is complete and accurate.
- Design reports that address the tracking and measurement of agreed account performance criteria.
- Co-ordinate monthly transaction status report to Management.
- Confirmation of invoices and contracts being financed under Invoice Discounting and Contract Financing.
- Review and approve Trade Loan Facilities submitted for drawdown.
- Manage debtors and creditors in need where the bank has carried out Contract financing.
- Establish and maintain close working relationships with internal and external service providers.
- Ensure adherence and compliance to all policies, processes, and procedures.
- Participate in knowledge sharing within the credit and business teams.
- Control the adherence to the service level agreement for internal and external processes where applicable.
- Build relationships with business bankers and relationship managers to improve structured transactions, business proposals and turnaround time on drawdowns.
- Attend meetings with and maintain regular contact with front office/product areas to build good working relationships.
- Monitor and control the quality of designated portfolio using conditions of sanction and other covenants/conditions.
- Act on continuous improvement relating to design and continuously improving existing and new business processes.
- Any other roles or tasks to be assigned by Head, Account Management & Collateral.
Risk, Regulatory, Prudential & Compliance
- Affirm that group governance standards are effectively embedded resulting in clean CRR, Audit & CART findings.
- Implement month Manco checks and continuously develop them in line with emerging risk areas.
- Maintain adherence and compliance to all policies, processes, and procedures.
- Act on the implementation and adoption within CMU of all compliance, anti-money laundering and sanctions related requirements contained in policies procedures and processes. This includes monitoring and identifying any material compliance related breaches and escalating them to the compliance officer.
- Check compliance with covenants and escalate them to the right DA.
- Detect early warning signals impacting the portfolio.
- Play a role in supporting PPB & BCB Credit Risk agenda.
People
- Give clear direction to the activities of the team members with regular feedback and support.
- Facilitate the development of staff and provide opportunities for their growth and contribute to the effectiveness of the team.
- Oversee all reports from the CMU team prior to onward forwarding to management.
- Ensure that the CMU team is effectively staffed and motivated.
Client
- Proactively stance on individual portfolio allocation by active level of dialogue with front office/CEMs to ensure risk considerations are part of business strategy.
Data
- Maintain that relevant reports are produced in an accurate and timely manner.
- Daily review of reports and highlighting anomalies within assigned portfolios.
- Obtain information directly and indirectly from appropriate counterparties necessary to check covenants.
- Implement research, analysis and data management from varied sources aimed at pre-emptying risks on the credit portfolio.
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