Credit Administration Officer – P and TL

Investrust Bank Plc

Investrust Bank Plc (IBP) is looking for suitably qualified, vibrant and self-motivated individuals to fill the positions that have fallen vacant as below:


Position title: Credit Administration Officer – P&TL
Department: Credit
Location: Head Office
Reporting to: Credit Administration Manager

Purpose of the Job

Responsible for monitoring the Scheme and Personal loan portfolio for efficient and effective functioning of the Bank.

Key Responsibilities
  • Notifies timely the Insurance Company for new scheme loan cover.
  • Timely and accurately invoices employers on the Scheme loan portfolio.
  • Performs out calls on delinquent clients to discuss outstanding balances.
  • Reviews information with senior members of the loss mitigation teams (Legal & Recoveries).
  • Reviews delinquent client situations and recommends appropriate courses of action.
  • Evaluates collateral, and documentation and financial information to determine borrower’s ability to pay.
  • Conducts negotiations with borrowers and makes necessary decisions based on conditions presented to protect the Bank’s interest and achieve maximum recovery.
  • Identifies possible walkout or exit strategies; gathers data to submit to senior management for approval.
  • Maintains portfolio of troubled accounts, including preparation of periodic status reports, and account reconciliation.
  • Works with property surveyors when there is need to value repossessed properties
  • Works hand in hand with the Security firm placed at the repossessed properties to resolve any problems surrounding the property.
  • Hands over properties that have either been sold out or the debt has been settled.
  • Works with auctioneers when they need to be provided with information. pertaining to repossessed properties or locations.
  • Takes potential buyers to the repossessed properties whenever requested or when they call.
  • Repossesses property from delinquent clients .
  • Prepares and submits Recoveries Monthly reports, Weekly Collection and Expected reports and Daily Collection and Expected reports.
Qualifications and Experience
  • Grade 12 School Certificate.
  • Bachelor’s degree in Banking and Finance, Accountancy, Commerce, Economics, Business Administration or related field.
  • Not less than 3 years’ experience in both corporate and consumer credit, banking, or finance.

Applications, supporting documentation and CVs should be emailed to: [email protected] not later than Monday 15th February, 2021.

To apply for this job email your details to

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