Commercial Banking Officer

Coordinates and supports daily commercial banking operations, ensuring compliance with policies, safety standards, business continuity, and delivering excellent client service.

Commercial Banking Officer

Functional Assignment:

• The role of the Commercial Banking Officer will be responsible for coordinating and
  supporting the day-to-day administrative requirements for Commercial Banking transactions.
• Responsible for performing all duties and functions consistent with the Group’s policies and procedures, health and safety standards and business continuity responsibilities while always delivering service excellence.

Main Duties:

• Assist with general file management, document preparation and gathering, and Know Your Customer (KYC)/AML requirements activities such as:
  • Gathering, completion and perfection of all KYC onboarding documentation.
  • Conducting relevant Anti-Money Laundering screenings for transactions.
  • Completion of Customer Risk Rating forms for transactions.
  • Preparation of formal communication/instructions for attorneys, valuators
  • Finalization of physical loan files and scanning of electronic copies to the bank’s internal drive and vaulting of same.
  • Maintain Copies of contracts to be collated and mailed to clients for completed Loans
  • Monitoring and ordering stationery for the branch
  • Manage Unit’s Pipeline Log ensuring that information is up to date and dispatched in a timely manner
  • Prepares and/or inputs data and submits confidential credit reports promptly for the attention of financial and other institutions upon request
  • Maintain a hard and digital filing system to secure copies of all corporate credit proposals, collateral, supporting documentation and internal reports, to facilitate easy retrieval and availability for internal audit purposes
• Deals Closing & Execution activities including:
  • Preparation and perfection of transaction documents / loan files prior to execution and financial closing of transactions.
  • Preparation of disbursement memos and supporting documents towards achieving financial close of transactions
  • Liaising with the relevant Service Partners for the input/creation of loans on bank system, pre-legal execution and document closing
  • Instructs and liaises with external bodies (Attorneys, Valuators, Insurers, other Banks etc.) in the routine operation of executing duties and perfecting securities.
• Portfolio Management Duties including:
  • Performs diligent follow up for supporting documentation for annual reviews, renewal of collateral items, compliance with all recurring KYC/AML reporting requirements, completion and timely submission of all internal reporting requirements.
  • Assisting with TransUnion Audit, maintain log of all credit enquires generated and SOA
  • Maintain a log for securities renewals
  • Assist with preparation of various specialized internal reporting requirements in a timely and accurate manner
• Post Loan Administration duties including:
  • Processing loan files after loan closing and submission for filing in vault.
  • Posting of customer contracts and legal documents on bank’s internal filing system
  • Maintain document tracking system.
  • Act as the point of contact for internal and external clients for the Commercial Banking Unit.
• Completes special projects and other related activities as assigned.

Qualifications & Experience:

• Bachelor’s Degree in a Business/ Economics or related field from an accredited institution
• A minimum of three (3) years banking experience in Credit in a Financial / Accounting or similar environment.

Business/Technical Skills Required:

• Proficiency in the use of personal computers with in-depth knowledge of Microsoft Office Suite.

Personal Characteristics:

• Excellent interpersonal and organizational skills
• Ability to use initiative, work with a team and exercise sound judgement
• Excellent verbal and written communication, presentation, and time management skills
• Trustworthy with matters of a highly confidential nature
• Works well in pressure situations
• Professional demeanour and grooming