About this role
KEY RESPONSIBILITIES
- Provide the daily system credit monitoring and management reports and identify delinquent accounts with irregularities and proactively follow up to ensure corrective action taken in line with credit policy.
- Ensure the review of the entire portfolio is carried out with an emphasis on the following for day-to-day monitoring purposes: arrears amount and days of borrowers, excess on limits, expired and expiring limits, follow-up on restructured loans which are to be kept under cooling period in observation of BNR regulation.
- Develop, recommend and implement strategies to ensure that the accounts under watch category are upgraded to normal in line with BNR regulations and Bank policy.
- Provide the Slippages review report: ensuring mitigation of the loan portfolio deterioration through daily communication with the business units, a review of the vintage analysis reports, and monitoring of loans near downgrade point.
- Provide the report on monitoring of the insurance renewal period for collateralized loans & covenants tracking.
- Follow up with the BU if the annual reviews for loans are being done and share the report.
- Perform portfolio risk management by continuous follow-up of sectoral concentrations, Single Obligor Limits, etc.
- Prepare required reports indicating the bank’s loans status for submission to the management on monthly basis. And ensure the analysis and reporting of Overdrawn accounts reports is curried out.
- Ensure compliance with Bank’s policies, regulatory requirements and best practice in the monitoring and control process with a view to minimizing Credit Risk.
- Ensure satisfactory audits by facilitating internal, external, and central bank audits, timely closure of all credit risk reviews, internal & external audits, and central bank review findings.
- Assist in preparing various presentations to management and board such as MCRC deck, war room deck, branch MCRC, etc.
- Assist in other tasks such as being the custodian of Credit risk register and follow up in updating the Credit Business continuity plan, etc.
DAILY RESPONSIBILITIES
- To lead, organize and coordinate the Credit Monitoring team tasks and assignments related to credit monitoring.
- To provide feedback to the different Business Units, management and external partners for all enquiries relating the Loan portfolio
- To submit reports that summarize credit portfolio performance trends and identifying arears of credit risk.
- To tackle irregularities and advise on remedial actions.
- Academic & Professional
Particulars
Detail
Specific Field or Qualification
Education
Bachelor’s degree
Business/finance/accounting/Management
- Experience
Detail
Minimum No of Years
Total Minimum No of Years Experience Required
4
Detail
Minimum No of Years
Experience area 1 (Monitoring & Reporting)
1
Experience in Credit
3