Credit Manager Job at EcoBank

EcoBank

Credit Manager Job Post

Location: Jobs in Uganda 2023 - 2024

Work Hours: Full-time, 08 hours per day

Salary: UGX

No. of vacancies: 01

Deadline: May 02 2024

Hiring Organization: EcoBank

Job Details:

JOB CONTEXT
• Assist the Head of Credit driving the bank’s credit agenda by overseeing and manage:
• Risks inherited within in the credit origination process by overseeing the credit analysis done by the analysts
• Monitoring of existing credit portfolio and
• Loan documentation process. Assist in the management of Documentation and Disbursement; by ensuring credit compliance with local and legal regulatory requirement and the Group Credit Policy Manual.
• Monitor Loan exposure and enforce compliance with covenants
• CRB Project Manager for the Bank.
• Monitor Projects financed by the bank together with marketing departments and report to the Head Credit.

KEY RESPONSIBILITIES
• To protect the financial strength and the reputation of the bank.
• Preparing Monthly credit Reports
• Analyse credit proposals by observing policies, procedures and regulatory requirements and provide recommendations to relevant approving authorities/committees.
• Ensure all the approval conditions are well captured in respective facility letters and are legally enforceable.
• Support the business teams in their dealings and ensure quality bookings and growth of credit book.
• Ensure credit portfolio remains of good quality with balanced concentration and diversification always.
• The CRB Project Manager must generate periodic management reports for discussions at senior management meetings as a key agenda, with specific focus on the quality of data including the data success rate, rejected records, and the reasons thereof.
• Provide leadership and support to the branch enrolling customers on CRB.
• Ensure best TAT in loan processing to meet customer’s expectations.
• Participate in target market strategy and its preparation, PPs and other credit related products.
• Support Head of Credit, Act as secretary to bank credit committees, and BCC.
• Assist in ensuring that the bank achieves an audit rating of acceptable or better in all credit reviews.
• Monitoring of existing credit portfolio by preventing potential risk accounts from rolling into delinquent buckets and prevent overdues.
• Extracting, analyzing and interpreting the information from daily reports and providing appropriate recommendations/escalation to the management as appropriate.
• Ensure good quality of credit management services (approvals, disbursements, reports and remedial management) in supporting business goals.
• Report all risk and loss events as a result of errors or fraud to the line manager and /or relevant parties to manage mitigate possible losses.
• Work with Business Units to ensure portfolio quality remains within group target and regulatory NPL ratio of 5%.
• Minimization of exposures and impacts of credit risks, managing troubled exposures to ensure good loan recovery.
• Assist the Head of Credit to ensure that provisioning policies are in line with the Bank’s Credit Policy Document, comply with Banking Act provisions and co-ordinate with Finance Division to ensure appropriate provisions and interest suspensions for the credit book are effected in the Bank’s accounting systems.
• Perform any other duties as directed by the Management/supervisor and not limited to the following
• Ensure the bank achieves an audit rating of acceptable or better level in all credit reviews and participating in closure of open audit queries.
• Provide appropriate inputs to develop the bank’s Target Market.
• Ensure the credit risk strategy is in place and up to date always.
• Assist Head of Credit identifying skills gaps and training needs for credit analysts and RMs/Ros.

Experience & Qualifications
• At least three years’ experience in credit analysis and risk management
• University degree in business related field or its equivalent

Skills, Capabilities & Personal attributes
• Interpersonal skills to effectively communicate with and manage customer expectations (internal and external), and other stakeholders who impact business performance.
• Technical skills to effectively perform or guide performance of Credit Risk Management activities/tasks in a manner that consistently produce high quality of service.
• Good communication skills
• In-depth knowledge of lending products and best practices
• Knowledge and experience in modern Credit Risk Management practices in Financial Services industry to
1. provide visionary guidance on improvements and changes.
• Knowledge and effective application of all relevant banking policies, processes, procedures and guidance to consistently achieve required compliance standards or benchmarks
• Self-motivated to enable implementation of open communication, teamwork and trust that are needed to support performance and customer-service oriented culture.