Credit Risk Administration & Compliance Officer

A reputable Commercial Bank in Zambia is seeking to recruit self-motivated, enthusiastic and innovative persons to fill the following position(s):

CREDIT RISK ADMINISTRATION AND COMPLIANCE OFFICER

Reporting to Head-Credit Risk Management, s/he will perform the responsibility of:

• Prompt booking of approved loan facilities.
• Monitor assigned credit portfolio/facilities for compliance with their respective loan agreements.
• Follow-up and document defaulting loans with respective Account Officers.
• Attend to enquiries from Account Officers on behalf of their customers on credit issues.
• Raise entries for Recoveries, Provisions and Write-offs after due approval.
• Compile and document all approved facilities in the Bank
• Control loan disbursements only after all terms and conditions of approval have been met & all security documentation is in place.
• To monitor borrower compliance with agreed terms and conditions and general monitoring of account conduct/performance and ensure that controls are not compromised.
• Work closely with account officers and relationship managers to monitor credit portfolios to minimize loss, ensure early alert, easy identification and prompt reporting of such accounts.
• Vetting and registering conditions precedent to draw down documents for loan facilities.
• Prepare various monthly reports for monitoring the risk exposure of the Bank
• Ensure that all security documents are properly secured.
• Perform other duties as assigned by the Head of Credit Risk Management.

Qualification and Skills:

• First degree in any relevant discipline.
• Preferably 2-3 years’ experience in a similar position.
• Good Customer Service / Relationship Management.
• Banking Operations ( Domestic & International Operations)
• Accounting
• Credit analysis / appraisal
• Loans administration / account management
• Investment / portfolio management
• Financial analysis / interpretation

.