Reporting Relationships
- Functionally & administratively reports to the Head, Corporate Credit Appraisal.
Certifications
- Any of the following: ACCA, CRMI, CIBN, PMP, ICAN
Job Objective(s)
- Underwriting of corporate credit applications in a timely manner and generate quality report to aid decision making by approval authorities.
Duties & Responsibilities
- Introduce the Bank to the marketplace, meet Assignment of credits to Credit Analysts in the Corporate Appraisal Group.
- Ensure credit requests have complete documents [i.e. financial spreads, evidence of proposed security, contracts – if applicable, etc. – current target of 80% of credits appraised.
- Ensure credit requests are processed in a timely manner-currently within 48-96 hours from submission of complete credit packages.
- Initial response to Relationship Managers on submitted credits – currently within 24 hours of receipt of credit package.
- Ensure credits processed are in line with the Bank’s laid down guidelines on credit as follows:
- Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
- Evaluate customer records and compare achieved profitability against initial projections.
- Confer with credit administration Group to get credit reports where not provided by Relationship Managers.
- Liaise with Legal Services Division on contracts, collateral documentation, etc.
- Undertake joint calls with Relationship Managers when required.
- Analyze financial data such as income growth, quality of management, and market share to determine expected performance on loans.
- Evaluate Information on credit requests to Determine Compliance with Standards — Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
- Prepare quality reports [Credit Comments Memorandum] that includes the degree of risk involved in extending credit or lending money.
- Periodic Review of Product Papers.
- Build knowledge of Account Officers and Relationship Managers on the Bank’s Credit Culture, Policies and Procedure.
- Annual Rating of Corporate Bank Relationship Managers.
- Any other duties as assigned by the Head, Corporate Credit Appraisal.
Experience / Skills
- High risk consciousness.
- Good knowledge of Microsoft Excel.
- Ability to pay attention to detail.
- Ability to work under pressure.
- Good knowledge of the Bank’s Banking Software.
- Good understanding of various economic sectors/market dynamics.
- Strong ability to interpret and reconcile accounts.
- High level of independence and assertiveness
- Strong analytical skills.
- Excellent organizational skills.
- Good record keeping / file keeping and documentation skills.
- Excellent interpersonal skills.
- Good written and oral communication skills.
- Leadership and Managerial skills
