Credit Officer

Introduction

Effective administrative management of the credit facilities in compliance with the Bank's credit policy and procedures and containment of credit risk as per BSC.

Job description

Job Specification...

1 Customer Focus

Responsible for ensuring that clients are handled in a professional manner, the information provided is correct and clients are correctly referred. Client relationship management for loan accounts

2 Sales Focus

Responsible for identifying cross-selling opportunities and to refer such opportunities and leads to the sales area.

3 Credit Administration

Evaluation of credit applications, with reference to risk factors: Financial analysis, Financial structuring, Credit evaluation and assessment, Collateral

Ensure all applicable documentation for credit applications are received from sales.

Responsible to ensure that documents for entry are completed correctly with the required authorization and signatures.

Monthly/quarterly/annual revision of account exposure

Daily referral processes

Excess memorandum submitted to centralized Credit Office

Responsible for preparing reports and standard statements / Ensures that monthly

returns/reports are submitted to centralized Credit Office.

Responsible for ensuring that contracts are complete and legally correct (only if no dedicated Collateral area in branch).

Responsible for ensuring that difference between source documents and the system are corrected and that lists are filed.

Responsible to ensure that costs are recovered in accordance with the prescribed guidelines.

Achieving credit control assessment targets / audit.

Completion of all applicable documentation for overdraft facilities: existing customers.

Aftercare for all collections.

Minimum requirements

Core Competencies

• Working with People
• Adhering to principles & values
• Analyzing
• Planning and organizing
• Delivering Results and Meeting Customer Expectations
• Following Instructions and Procedures
• Entrepreneurial and Commercial thinking

Experience/Knowledge & Skills

• At least 2 years general banking experience
• Knowledge of Products and Services
• Knowledge of Business & Administration Procedures
• Knowledge of Credit principles
• Computer literacy essential (Word, Excel)
• Skill in analyzing and evaluating financial information.

Minimum Requirements...

QUALIFICATION

Grade 12

A Credit Diploma will be an advantage