Division: Credit Risk Management
Department: Credit
Essential Information:
Review all credit requests for Retail, Commercial, Corporate and Public Sector and ensure compliance with standard regulations and policies before disbursement and assist the business with preparation of credit proposals and structuring of credit proposals.
Reporting Relationships:
Functionally reports to the Chief Credit Officer
Job Duties:
- Review and appraise all credit requests and ensure proper structuring of credit facilities
- Regular reviews of credit policies and credit programs and make appropriate recommendations to management
- Generate monthly statutory reports on credit reviews
- Ensure compliance with all credit approval processes and procedures
- Review deal memos and product programs with the view of optimizing credit facilities and products.
- Ensure that daily excesses and expired limits are attended to in terms of excess policy process
- Ensure that limits are renewed on time and attend to daily excesses.
- Confirm risk ratings of all customers and advice business offices on appropriate steps to take
- · Drive the achievement of minimal loan loss provision (Max NPL to total loan portfolio of 3%).
- To ensure that all credit approvals conform to internal credit policy and regulatory guidelines
- Ensure that all approved facilities are in line with approved parameter
- All other activities as delegated by the Head of Credit/Chief Credit Officer
Key Performance Indicators:
- Responsiveness to internal customer requests
- Minimum turnaround time for credit processing
- Timeliness in the preparation of exception reports/reviews on all credits including credit product programs
- Timeliness and efficient in reviewing credit policies
- Compliance with internal and external policies and regulations
- Value addition to credit requests
Skills:
- Analytical Thinking,
- Decision Making
- Problem Solving
- Diversity Management
- Interrogatory skills
- Analytical and Investigation Skills;
- Accounting Skills;
- Good analytical skills
- Excellent writing skills
- Good presentation skills
- High information/data gathering ability
Job Requirements & Knowledge:
- Industry Knowledge is key
- Various Bank of Zambia Directives including provisioning guidelines and IFRS9
- Good knowledge of financial accounting is a must
- Good understanding of Financial statements
- Good knowledge of credit analysis and risk assessment is a must
- Good knowledge of internal and external policies and procedures
Application requirements:
- A good first degree in a relevant discipline (MBA, MSc, MA/or Professional Qualifications is an added advantage)
- Minimum of 2 – 3 years banking experience in a credit related role is a must have.
Only qualified candidates meeting the above requirements must apply by sending a copy of their CV, a cover letter, and academic qualifications in a single document to careers.zambia@ubagroup.com before 10th February 2023. Candidates must clearly indicate their name and position in the subject of the email.
