Job Location :
\nHead Office<\/p>\n
Job Purpose:
\nProvide support to Senior Managers at the Credit Administration Unit with comprehensive administrative post approval process with full responsibility for Credit Documentation, and Credit Monitoring, ensuring accuracy, compliance, and effective monitoring throughout the entire loan lifecycle and mitigate credit risk.<\/p>\n
Main Responsibilities:<\/p>\n
Review all conditions subsequent to credit approvals, ensuring timely payment of land rent for secured properties and prompt renewal of insurance covers to safeguard bank collateral.
\nMonitor and test all financial covenants in line with approved thresholds and stipulated testing frequencies.
\nRegularly review the credit portfolio and notify business units of facilities approaching renewal to prevent unnecessary extensions or disruptions.
\nReview loans in arrears and proactively engage with the respective business segments to ensure timely regularization and resolution of overdue accounts.
\nMonitor overdraft facilities to identify accounts that have exceeded approved limits or have expired and promptly communicate such instances to the relevant business segments.
\nFlag overdraft facilities with persistent hard-core utilization (80\u2013100) over a sustained period and escalate for appropriate action.
\nReview unauthorized overdrafts resulting from matured Letters of Credit (LCs) and called-off guarantees and follow up with the respective business segments to ensure timely regularization.
\nIdentify early signs of account deterioration to initiate timely remedial action, thereby minimizing loan losses and supporting the bank\u2019s profitability.
\nTrack, monitor, and ensure timely closure of all credit exceptions.
\nAccurately and promptly update collateral records in the Collateral Management Tool (CMT).
\nCoordinate and facilitate the discharge and release of collateral for fully settled facilities.
\nFollow up to ensure timely completion of annual credit facility reviews.
\nParticipate in internal and external audits as well as quality checks to ensure full compliance with internal policies and regulatory requirements.
\nProvide expert guidance and support to business units on loan documentation requirements and best practices.
\nStay informed on relevant industry regulations, trends, and developments related to credit documentation, Monitoring and administration.
\nContribute to credit-related projects, including the development and enhancement of credit tools and systems.
\nPlay an active role in credit administration, monitoring, and documentation functions across the department.<\/p>\n
Knowledge and Skills:<\/p>\n
Business understanding of loan portfolio management, NMB lending policies and loan products.
\nTechnical\u00a0\u2013 Computer literacy (Excel application is crucial); Data analysis
\nBehavioral\u00a0\u2013 Communication, Negotiation, Time Management, Teamwork, relationship management, accuracy, attention to details, gathering information.<\/p>\n
Qualifications and Experience:<\/p>\n
Bachelor\u2019s degree in Banking, Finance, Accounting, Economics, Statistics or related fields.
\n2 years\u2019 banking experience with at least 1 year in retail lending.
\nNMB Bank Plc is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving a gender balanced workforce.
\nFemale candidates and people living with disabilities are strongly encouraged to apply for this position.
\nNMB Bank Plc does not charge any fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it.
\nOnly shortlisted candidates will be contacted.<\/p>\n
Job opening date :\u00a022-Sep-2025<\/p>\n
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