The incumbent is responsible for evaluating credit proposals to determine credit worthiness and appropriate risk exposure.
Job Summary
The incumbent is responsible for evaluating credit proposals to determine credit worthiness and appropriate risk exposure. Responsible also for providing assistance to Branch/Commercial Business Centre (CBC) network in determining optimal credit structures and provides feedback to improve the quality of future credit applications.
Duties and Responsibilities
Analyzes credit applications to determine the credit worthiness of the application and prepares related recommendations for approval on a timely basis
Liaises with Branch Managers and Account Managers with regards to clarification/guidance on credit submissions and management of accounts
Liaises with the Legal Department to obtain feedback/clarification on legal matters as required
Liaises with external agencies (Central Bank, Insurers, Financial institutions, research organizations, etc.) for assistance in the collection of data to inform credit analysis
Recommends amendments to policies as required
Assists in the conduct of credit training in conjunction with management for staff development
Compiles and assists in the analysts of portfolio data rates etc. to improve operational efficiency and service quality
Prepares letters of approval/decline for senior management’s review, in addition to the Board ratification forms for sign off by Senior Management
Initiates and undertakes projects relevant to the development of credit structures
Qualifications and Experience
Candidates must possess a Bachelor’s Degree in Finance, Economics or Business from a reputable University or level two (2) ACCA or equivalent (at least year one (1) CA, CFA, CMA, etc.) and a minimum of two (2) years banking experience in a financial institution in credit preferably commercial credit. The ideal candidate should possess good communication, interpersonal, analytical, conceptual, research, negotiating, problem solving, strong conflict resolution, team building, cross-selling and computer literacy skills. Knowledge of PROFILE and the Group’s Products and Services and would also be required.
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