1. JOB TITLE: Head; Credit Administration (1 Position(s))
Job Location :Head Office, Hq
Job Purpose:
To lead, develop and manage the Credit Administration unit
in order to maximize team and individual
performance with a view to maintaining a robust controls and
framework in the post approval
fulfillment activities for the bank loan portfolio.
Main Responsibilities:
• Manage the overall performance and people agenda in Credit
Administration Unit [CAU].
• Identify and drive development and training initiatives to
ensure that the capability of CAU staff
is continually improved.
• Develop a highly motivated team maintain excellent
relationships with own team and wider
teams to ensure achievement of business goal.
• Help identify training needs and provide coaching to all
members of the CAU to improve
performance and productivity.
• To create awareness Team members on policies, CAU
procedures and regulations.
• Champion and execute smooth change management including
continuous process improvement
• Ensure CAU activities and importance is communicated to
the wider business (peers and senior
management) and consultation during changes in policies and
procedures at business levels.
• Ensure full compliance, provide oversight as well as
monitor the implementation of various
consumer protection requirements across the Unit.
• Ensure the highest standards of post approval fulfillment/
monitoring and control through
formulation and implementation of consistent policies and
processes across the Credit Admin
unit.
• Ensure knowledge and best practice sharing across the CAU.
• Responsible for personal adherence to governance,
compliance, and lending portfolio control.
Ensuring own conformance to policy and procedures within the
specialist lending function,
including proactive management of agreed responsibilities
for data integrity.
• Work closely with the credit teams to understand the
lending portfolio and risk capabilities and
to identify gaps or weakness in the post sanction process;
work in conjunction with the relevant
teams to formulate plans to close the gaps.
• In charge for Monitoring & Control of live loan
portfolio (pre-NPL) to assure adherence to term
& conditions of sanctions identify any areas within the
portfolios that are the cause for concern
/ potential cause for concern
• Act as the source of technical excellence and point of
reference in relation to risk matters for the
entire credit cycle.
• Manage the maintenance / improvement of the administration
quality of the Portfolio (as
detained in the CAU operating manual).
• Maintain interactive relationship with Branches, Analysts,
Legal and Relationship Managers to
ensure rectifying the outstanding issues.
• Quarterly review of the corporate credit key risks and
their mitigating controls through effective
KRI tests
• Own and monitor the achievement of agreed targets for risk
performance measures by the CAU
team taking corrective action where applicable.
• Responsible for the rectification and documentation of any
recommendation arising out of Audit
/ Assurance reports on Credit.
• In charge with all post approval activities around
structured facility /CMA Loans, work closely
with the network and credit to ensure that Review of
Operational Memorandum, drawdowns
and releases and monitoring of all structured loans are
done.
• Effective management of the facility limits (loading,
amending & cancellation) to ensure that
published limits are in line with the latest sanction and
accordance with the operational process
and procedures.
• Management of maintenance review & follow up of a
complete diary system detailing deficiency
& deferrals/loan repayment dates/ excesses clearance
dates/ dated securities and Covenants.
• Management of the financial covenant and internal Risk
Trigger Monitoring systems/ data
regarding its integrity of capturing, advising, and
escalation of overdue and failed/ breached
covenants.
• Manage, prepare & review post approval check list.
• Liaise with the legal team regarding the documentation and
changes to the standard
commercial and standard terms and conditions.
• Improve quality of audits and act as the point of contact
for both internal and external auditors.
• Monitor the syndicate of loans (repayment of installments,
interest, conditions with the agent/
participant banks.
• Ensure that maker checkers concept across CAU processes is
carried out without deviation
• Ensure team's adherence to NMB data privacy policies
• Oversee the team's Business Continuity plan (BCM) and
periodic testing.
• Ensure a consistent quality of service to CAU stakeholders
• Support Credit Administration service and delivery in line
with business needs
• Work in partnership with colleagues and proactively
anticipate, respond to, and seek to exceed
the expectations of customers.
Knowledge and Skills:
• Expert knowledge of commercial banking credit risk
operations, credit analysis and control
• Knowledge of operational risk and rigor processes tools
and practices.
• Proven ability to run a service operation, managing often
conflicting priorities.
• Detailed knowledge of corporate Business and risk
products, policies, procedures and services
• Working knowledge of local regulations related to lending
• Awareness of products and services offered in the market
• Proven people management skills and team leadership
• Ability to communicate effectively across range of
stakeholders in Sales, Risk and Operations
• Problem solving and decision-making skills
• Innovation and change management skills
• Quality high standards and controls.
• Computer literacy
Qualifications and Experience:
• Bachelor's degree or its equivalent in Banking, Finance,
Business, Economics, Mathematics /
Statistics,
• Post graduate degree or professional qualifications e.g.,
CFA/ CPA is preferred
• At least 10 years in Credit Risk Management
• At least 5 years of leadership experience
• Previous experience of working in a reputed financial
institution's corporate/ commercial sector
in the risk function.
NMB Bank Plc is committed to creating a diverse environment
and is proud to be an equal
opportunity employer
Job opening date : 01-Dec-2022
Job closing date : 15-Dec-2022
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