Credit Administrator Careers – Finance Trust Bank (FTB) | Apply Now

Reporting:

• Credit Administration

• Credit Files and security Management

• Security and other documents are duly executed and properly protected from fire, theft etc.

• Credit Files are maintained in line with the Records Management Procedure.

• Availability of all collaterals with supporting documents and easily referenced.

• Insurance renewals are up to date on assets taken as collateral.

• Loan files have valid valuation reports by approved valuation firms.

• Ensure dual custodian of the securities to safeguard any possibilities of loss.

Legal Implementation

• Risks identified prior to loan disbursement processes were properly managed to an acceptable level.

Loan disbursement

• Risks identified prior to loan disbursement processes were properly managed to an acceptable level. Loan disbursement

• Disbursements completed in line with conditions set.

• Credit facilities are disbursed only after all contractual terms and conditions have been met and all required documents received save for exceptions by Management approval.

• Compliance with policy and procedures relating to disbursement.

• Confirm that disbursed loans were used for the intended purpose and applicable fees were collected.

Credit underwriting

• Ensure oversight of the credit underwriting team to achieve the desired competencies and efficiency

Credit monitoring:

• Ensure daily review of loans in arrears and follow up for timely collection.

• Review daily system credit monitoring

• reports, identify non-performing accounts with irregularities, and proactively follow up with branches to ensure corrective action in line with credit policy.

• Monitor & ensure adequacy of provisions for all loans, also review of provisioning/ write off prior to submission to management to ensure accuracy alignment with regulatory requirements.

• Always ensure uniform loan provisions for related exposures.

• Conduct the previous day loan disbursement reviews for accuracy and data reliability.

• Monitor the structuring of all disbursed loans in the system to ensure their repayments are properly aligned to the cash flow patterns.

• Monitor grading of accounts, related provisioning, and promptly recommend amendments to relevant approving authorities as and when the risk profile of borrowers change.

• Ensure daily monitoring compliance with conditions precedent, conditions subsequent, and covenants.

• Monitor facilities on regular basis to ensure subsequent utilization is in adherence with the terms of approval

• Raise day-to-day system issues/bugs to ICT and follow-up for timely resolution.

Compliance, audit and corrective actions:

• Ensuring post disbursements are in line with approved terms and conditions and ensuring that all credit related issues are timeously resolved.

• Follow up on resolution of audit and supervisory issues as well as implementation of audit recommendation to avoid any repeat findings on the department.

• Ensure that adequate insurance covers and/or collateral is maintained.

Compliance, audit and corrective actions:

• Coordinate with branches to ensure timely monthly reporting of all non-performing and watch listed accounts.

• Submission of reports on large exposures, expired insurance policies, reports on loans without any single payments.

• Identification of potential problem customers at an early stage.

• Produce daily, monthly and quarterly credit reports to relevant authorities.

• Ensure timely posting of settled insurance claims and paying off loans accordingly.