JOB TITLE: Credit Disbursement and Control Officer – SAF
JOB LOCATION: Lagos
Job Type: Full-time
Specialization(s): Others
JOB DETAILS:
- To manage the bank’s facility booking and disbursement process to ensure adequate documentation of approved facilities prior to disbursement.
Job Description
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- Ensure proper documentation for all approved facilities and maintain comprehensive and up to date credit files for each borrower
- Ensure facility conditions are fully captured on offer letters and conditions precedent satisfied or appropriate sign-off obtained before facility disbursement is done
- Ensure facilities booked for obligors are within approved limit and that global exposures do not exceed single obligor limit
- Book guarantees and maintenance of register for them
- Supervise safe and confidential keeping of credit files and documents with due restriction of unauthorized access
- Handle booking of facilities – retail, corporate and investment.
- Act as liaison office for BCC and BOD credit approval processing
- Provide secretariat services for Management and Board Credit Committees
- Maintain mark-up rates on Clients’ accounts in line with management approval
- Prepare monthly reports to management on collateral portfolio current status and condition
- Follow up on deferrals and restricting further utilization on expiration of approved deferrals
- Ensure daily call over of booked facilities to confirm that collaterals were properly captured.
- Ensure the existence of valid insurance policies for collaterals and obligors during the life cycle of the credit facilities.
- Process the release of security documents for Legal Department.
Job Experience
- A First Degree.
- Second degree/Professional qualification is an added advantage.
- Preferred candidate should be skilled in Credit Administration, Credit Analysis, have good understanding of CBN monetary policies & guidelines, loan monitoring process and delinquency management etc.
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Deadline: November 30, 2021
Job Features
Job Category | Banking / Insurance |