Accounting Manager – Credit

Accounting Manager – Credit

Location:                     Port of Spain

Salary:                         TT$11,593.01

Industry:                     Banking/Finance

Terms:                         Permanent

Benefits:

Allowance - $2052.24

COLA - $200.00

1 Month Bonus (once the company achieves its target)

Pension

Medical

Uniforms

Vacation – 15 days

Sick Leave – 15 days

Casual – 6 days

Job Summary

This is highly responsible work that supervises a team of Credit Officer.  Work involves the responsibility for managing, marketing and selling the bank’s products and services; analyzing the clients’/prospective clients’ business profile to determine the risk potential; managing the delinquency portfolios. 

Major Responsibilities

• Market the banks’ products and services
• Oversee the Credit Portfolio ensuring delinquency levels are low, renewals are done on time, all tasks by Credit officers are completed.
• Prepare Term Sheets and Early Assessment Reviews (EAR) for watch list/high profile clients.
• Responsible for preparing forex manufacturing and FAS essentials applications (new/renewal/repatriation)
• Responsible for underwriting commercial type loans and preparing full credit packages of high-risk clients.
• Conduct and analyze, evaluation, and credit adjudication of proposed credit facilities for customers and prospects.
• Review credit packages completed by Credit Officers.
• Review loan disbursements and forex sale transactions daily.
• Present clients’ credit analysis to management and board
• Evaluate assignment of clients’ securities.
• Maintain clients’ portfolio of watch list clients.
• Prepare reports for clients, management and board of directors.
• Manage delinquency portfolios.
• Supervise the daily operations of credit officers.
• Train new credit officers, data processors, underwriters and transaction remittance officers.
• Provide Guidance to credit officers as needed.
• Attend various Trade Shows and Marketing Events
• Attend customer meetings.
• Participate in projects as delegated from time to time.
• Engage in Audit, ECL and Budget Formulation with the Manager Credit.
• May be required to perform any other related duties.

Minimum Requirements

• Bachelor degree in Management, Finance or any other related field and five years related work experience, with at least one year supervisory experience.   

Knowledge, Skills and Abilities

• In-depth knowledge of financial principles and practices. 
• Some knowledge of marketing principles and practices. 
• Some knowledge of Trinidad and Tobago Financial Acts (FIU, Central Bank, FIA, Insurance etc.). 
• Strong oral and written communication skills.
• Strong analytical and problem-solving skills.
• Ability to analyze financial statements and make sound judgment.
• Ability to assess securities and determine their potential. 
• Ability to plan, organize, and supervise the work of a small group of credit officers in a manner conducive to full performance and high morale.
• Ability to prepare meaningful and informative special and regular reports and presentations. 
• Ability to establish and maintain effective working relationships with subordinates, managers, and other employees. 
• Ability to exercise sound judgment in researching and analyzing facts and arriving at conclusions.
• Ability to manage time effectively.
• Ability to function effectively under stressful conditions. 
• Ability to function in a technology-prevalent environment, utilizing computers and a variety of software as a work tool.
• Ability to work on a team.