Credit Risk Administration and Compliance Officer: Private

Employment Opportunity

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

Please clearly indicate the job title in the subject of your email and use your full name and the job you are applying for as the filename of your application.  Applications should consist of your cover letter and CV only, in a single document. Hand delivered or posted applications will not be accepted. The closing date for accepting applications is 25^th January, 2019. Only shortlisted candidates will be contacted.

All applications should be e-mailed to: [email protected]