Credit Officer

Position: Credit Officer

Division: Credit

Department: Credit and Risk Management

Essential Information:

A Credit Officer creates high quality credit risk assets for the bank and minimizes the incidence of non-performing loans for the bank and increase the bank’s financial performance by creating profitable credit risk assets.

Reporting Relationships:

Functionally reports to the Country Chief Risk Officer

Administratively reports to the Country Chief Risk Officer

Supervises:

None

Job Duties & Responsibilities:

• Recommend for approval facilities, risk mitigating factors, structures, terms and conditions for the bank’s credits after appropriate analysis.
• Evaluate third-party risk analysis of credits and make appropriate recommendations.
• Oversee post-approval assessment of credit facilities and initiate appropriate follow-up action.
• Ensure that all credit requests comply with the bank’s credit policy and procedure.
• Ensure that relevant credit approval procedure and processes are complied with at all times.
• Effectively coordinate the activities of the members of the department to ensure that performance targets are achieved.
• Enhance their skills and knowledge of relationship officers/ managers through participation in the training and personal developments.
• Review deal memos and product programs and offer relevant advice based on detailed analysis.
• Develop and improve the quality of credit presentation/ submission in the bank.
• Prompt rendition of daily, weekly and monthly performance returns of the department to the CCO.
• Carry out other assigned tasks by the country CEO.

Key Performance Indicators:

• No of loan loss provisions were made fore
• Compliance with internal and external policies and regulations
• Quality of credit asset portfolio
• Customer satisfaction index
• Good external credit rating
• Value addition to credit requests
• Effective supervision/management of all subordinates to achieve team’s goals

Skills:

• Good analytical skills
• Excellent writing skills
• Good presentation skills
• Good interpersonal skills
• Strong team player and excellent organization skills
• Attention to details
• Good communication skills

Job Requirements & Knowledge:

• Financial accounting
• Credit analysis and risk assessment
• Good knowledge of the country economics and market dynamics
• Good knowledge of the bank’s policies and procedures
• Good knowledge of credit products

Application requirements:

• Candidate must possess a minimum of a first degree or second class lower degree from a recognized university
• An additional qualification – MBA/M.SC and/or professional qualifications is required
• Candidate must have 4 years banking experience; minimum of 6 years non-banking but related experience
• Candidates must have a minimum of 5 credits on their Grade 12 results with Mathematics and English included.

To Apply:

Qualified candidates meeting the above requirements must send a copy of their CV, a cover letter, and academic qualifications to careers.zambia@ubagroup.com before 20th May 2021.