Position Overview<\/p>\n
Zanaco Bank Plc is inviting applications from suitably qualified and experienced individuals for the following job aimed at contributing to the Bank\u2019s strategic vision, in the Commercial Division under the Corporate & Investment Banking at Kitwe Business Centre:<\/p>\n
Role Description<\/p>\n
Origination and review of Corporate & Investment Banking credit applications for presentation to Credit Department, Main Credit Committee and Board for approval. Pro- actively support the sales force by assessing credit risk of assigned portfolio\/accounts with a view to minimizing loss and maximizing Risk Adjusted Revenues through the Credit review process and assist with account maintenance
\nJOB RESPONSIBILITIES
\n\u00b7 Analyse corporate customers\u2019 risk using credit skills, ratio analysis, cash flow projections using bank\u2019s provided platforms, evaluation of parent support policies, credit grading and judgment of management and strategy
\n\u00b7 Jointly structure facilities with Relationship Managers to meet individual client\u2019s needs with a view to maximizing earnings and minimizing risk and bad debts
\n\u00b7 To understand customer needs and inherent credit risk and act upon them
\n\u00b7 Carry out research work and analyze market information so as to counter competitive pressures
\n\u00b7 To ensure that all credit conforms to internal Credit Policy and regulatory guidelines
\n\u00b7 Monitoring of credit quality and risk with the Relationship Manager by highlighting early warning signs of credit deterioration.
\n\u00b7 Obtaining and analysis of financial statements and raising appropriate concerns
\n\u00b7 Recommending minimum pricing ranges\/ risk margins using exiting tools
\n\u00b7 Regular review of credit worthiness of clients using credit scoring techniques and other monitoring tools that may be available from time to time
\n\u00b7 Audit preparedness at all times and Prompt co-operation with regulators and internal auditors where we have been inspected by regulators\/internal audit
\n\u00b7 Any special projects or adhoc roles that may be assigned
\nMANAGEMENT DIMENSION
\n\u00b7 Review all Commercial \/F & A MCC credit papers with turnaround time of 5 days and 12 days for renewals and new business respectively
\n\u00b7 Internal NPS for NEW applications
\n\u00b7 Accompany Relationship Managers on Client Calls. One Mandatory call pre-review call.
\n\u00b7 Undertake financial spreading and credit risk scoring using Moody\u2019s Analytics tool
\n\u00b7 Corporate credit- written escalation to Unit Head within 3 days of occurrence of any challenges in the credit process
\n\u00b7 Credit application register and turnaround Time (TAT)to be completed for all applications
\n\u00b7 Ensure own continuous professional development
\n\u00b7 Ensure own Leave management for self does not exceed maximum of 5 carry over days by year end
\n\u00b7 To ensure monthly tracking of Credit application turnaround time (TAT)<\/p>\n
Requirements<\/p>\n
Grade 12 Credit or above mandatory in Mathematics and English and any other three subjects.
\n\u00b7 University degree in a Business-related Field or professional qualification from a recognized university.
\n\u00b7 Diploma in Banking and Finance as added advantage
\n\u00b7 Minimum of six (6) years in a related role particularly in a corporate credit
\n\u00b7 Expertise in credit structuring, evaluating risk, financial analysis and industry analysis.
\n\u00b7 An in-depth knowledge of advanced lending techniques, products, trade finance, cash management or Investment instruments.
\n\u00b7 Demonstrated selling, negotiation and communication skills.
\n\u00b7 Demonstrates Sound knowledge of business conditions, banking and commercial laws and regulations.
\n\u00b7<\/p>\n
Disclaimer<\/p>\n
ONLY SHORTLISTED APPLICANTS WILL BE COMMUNICATED TO.
\nZanaco provides equal opportunity in employment for all qualified persons and prohibits discrimination in employment (women are encouraged to apply).<\/p>\n
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