CREDIT AND RISK OFFICER (Luapula Province)
About this job
Our client is a Statutory Institution
ROLE: CREDIT AND RISK OFFICER (Luapula Province)
PURPOSE: Implementing the Institution’s Credit and Risk Management Function at provincial level.
Duties
RESPONSIBILITIES:
- Provide support to the Credit Control and Risk Department at Provincial level;
- Propose loan conditions that contribute to project viability and sustainability;
- Liaise with Financial Institutions contracted to undertake Credit Management services in submission of business plans and receipt of copies, Term Sheets and Loan Agreements;
- Review collateral documentation received from the Credit Managers and ensure the Certificates of Title are sent to head office for safe custody;
- Ensure that all properties proposed for security have corresponding valuation reports from Government Valuation Board registered valuers;
- Timely visit the funded projects to ensure prudent usage of disbursed loan amounts and loan repayments;
- Reconcile loan statements before release of title and closure of loan accounts;
- Monitor and report on the compliance of Credit Managers with the credit Management Agreement and guidelines;
- Submit monthly reports to Credit Reference Bureau on time;
- Prepare credit reports at product, Credit Manager and provincial levels;
- Monitor all loans under management through Credit Managers and ensure 100\% disbursement and repayment rates is maintained;
- Assist in the formulation, implementation and periodic review of the Credit Policy, Risk Policy, Credit Procedure Manual, Risk Procedure Manual and other guidelines under the Credit & Risk Department;
- Assist in identifying, assessing, quantifying and mitigation risks to the Institution by developing a robust risk management system;
- Provide support in undertaking risk assessment on Project Finance/Micro Credit/Construction Finance Initiative projects by undertaking appraisals, due diligence and KYCs;
- Maintain an updated database of the loan book and update loan statements, and
- Attend to clients’ complaints and queries at provincial level.
KNOWLEDGE, SKILLS AND EXPERIENCE:
- Grade Twelve (12) Certificate
- Degree in Business Administration, Commerce, Economics, Finance, Banking or related field
- Prior credit administration/risk knowledge an advantage
- Excellent written and spoken communication skills
- Good interpersonal skills and paying attention to details
- Computer literate
- At least three (3) years working experience in credit management in a regulated bank or other regulated lending institution
CHARACTER:
- The ideal candidate is expected to be of sober character, intelligent, a team player and able to work to achieve set goals
INSTRUCTIONS:
- The position title being applied for should be included in the subject of your e-mail.
- Your attachments must bear the position title you are applying for and your full name.
- Download the LPCL EMPLOYEE APPLICATION FORM on our website www.lauraandpartners.com and submit it with your CV.
- Failure to adhere to the instructions above will invalidate your application.
If you meet the minimum qualifications, please e-mail your Application Letter and Current Curriculum Vitae (with four contactable referees) in MS Word format quoting the reference number to jobs@lauraandpartners.com by 17:00 hours on 30 October 2016.
Do not attach copies of your academic qualifications at this stage.
CLOSING DATE: 30 October 2016 17:00 hours.
Besides completing the application form below, all interested candidates MUST complete and send us this LPCL EMPLOYEE APPLICATION FORM required for administrative purposes. Laura & Partners Consulting Limited, 397 Independence Avenue, Woodlands, Lusaka
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