Summary
Date Posted: Friday, October 28, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Credit Administration Officer

Overall Job Purpose
The Credit Administration Office will be responsible for ensuring that all loan documentation post approval meets the Lending Policy, Credit operations procedures manual and legal requirements. Accurate and timely processing of loan facility from offer generation, instructions to Valuers, Instructions to Advocates, disbursements initiation, customer’s full monthly due advice letters, management report within area of control and covenant monitoring.

Principle Accountabilities
• Ensure accurate, adequate and speedy preparation of offer letters including all approval conditions while ensuring the approval matrix is adhered to.
• Ensure timely Issuance of instructions to Valuers for landed properties.
• Effective follow up of Valuers and Dispatch of Valuation reports, Offer letters to RMs for
• onward forward to customers
• Ensure all approval conditions are met before release of instructions to advocates.
• Preparation and initiation of disbursements vouchers.
• Ensure accurate and timely issuance of the customer’s Full Monthly Due letter (FMD).
• Ensure accurate and complete system updates within area of control or each role assigned.
• Ensure compliance with both internal and external regulatory requirements.
• Monitoring compliance by the Relationship Team of the credit approval conditions eg. Securities,insurance, valuations, covenants, fees collection etc.
• Ensure proper document filing within each role assigned.
• Liaising with Insurance Department for insurance confirmations and declarations.
• Liaise with Legal department during with regards to security perfection.
• Receive and secure Vendor Vehicle logbooks as received from RMs/Branch.
• Timely and accurate preparation, submission of management reports as assigned.
• Any other duties as may be assigned.

Minimum Qualifications, Knowledge and Experience
• University degree preferably in Business Administration or commerce
• 3 years in a lending/Bank Institution

Key Competencies and Skills
• Ability to communicate clearly verbally and in writing when interpreting analysis and approval conditions.
• A keen eye for details.
• Good presentation and negotiation skills.
• Ability to question, probe and clarify information in a diplomatic manner.
• A team player.
• Ability to adapt readily to changes in systems and procedures,
• Results-oriented, strongly motivated to achieve, adheres to deadlines.
• Customer service-oriented.
• High level of Integrity and honesty.
• Ability to adapt readily to changes in systems and procedures, and encourage others to do the same.
• Logical thinker – has a clear, focused and methodical approach to work.

Work Hours: 8

Experience in Months: 36

Level of Education: Bachelor Degree

Job application procedure

Interested and Qualified? click here to apply

All Jobs

QUICK ALERT SUBSCRIPTION