8:38 AM
maboko
We are more than just a financial service provider – we are a real partner in business.
We are currently inviting applications for the following vacant positions:
Remedial Manager
Key Responsibility:
Reporting to the Head of Credit, the Remedial Manager will ensure adequate management and controls over all overdrawn accounts and non-performing loans (NPLs), realising collateral in a timely manner and implementing prompt legal action in order to maximise recovery of the debt and ensure that all unrecoverable debt is written off once the recovery process has been exhausted.
This includes facility restructuring where possible.
Main tasks:
- To
ensure that the correct level of provision is raised in line with
regulatory requirements and the bank's internal procedures and that all
set targets for the reduction / recovery of debt are met.
- To
ensure all Bank and statutory returns related to NPLs are accurately and
timely produced.
- To
ensure that all the necessary systems and controls are in place to
properly manage the NPL book and maximise the recovery of debt.
- To
control and monitor the outsourced recovery process.
- To
recommend the correct level of provision in line with regulatory
requirements and the bank's internal procedures. Resolve all customer
queries that arise on accounts that have been placed under the remedial
actions.
- To
recommend write off of unrecoverable debt once all the recovery avenues
and processes have been exhausted.
- To
ensure compliance with Central Bank regulations.
- To
ensure that all monthly and quarterly CRB, credit risk and non-performing
loan returns/reports are properly prepared, signed off and submitted
within set deadlines.
- To
peruse Internal Audit reports and ensure that any shortcomings highlighted
with regard to NPLs have been sufficiently addressed.
- To
prepare Credit proposals for restructured facilities and/or repayment
proposals.
Qualifications,
skills and experience required:
- A
Degree preferably in Finance or Business from a recognized university
- Experience
in remedial management is compulsory
- Possess
credit analysis skills
- Legal
knowledge in recovery will be an added advantage
- Previous
corporate banking relationship management is also an added advantage
- Good
interpersonal and negotiation skills are necessary due to nature of the
job
- Have
worked in a busy credit control/recoveries department for at least 3 years
Credit
Manager
Key Responsibility:
Reporting to Head of Credit, the successful candidate will be responsible for credit risk evaluation of proposals from the various market segments and sectors.
He/she will be in-charge of a team of Credit Analysts to ensure thorough analysis and evaluation of proposals emanating from business.
One will also be expected to sit for the Head of department in his/her absence and work closely with Management Credit Committee.
Main tasks:
Key Responsibility:
Reporting to Head of Credit, the successful candidate will be responsible for credit risk evaluation of proposals from the various market segments and sectors.
He/she will be in-charge of a team of Credit Analysts to ensure thorough analysis and evaluation of proposals emanating from business.
One will also be expected to sit for the Head of department in his/her absence and work closely with Management Credit Committee.
Main tasks:
- To
carry out comprehensive credit risk analysis and appraisals of loan
proposals
- To
ensure compliance with CBK requirements relating to bank lending
- To
ensure achievement of acceptable recovery rate for all disbursed
facilities
- To
prepare and submit CBK returns within set timelines
- To
respond to customer queries promptly
- To
supervise a team of credit analysts within the credit function
- To
deputize the Head of Credit
- To
work closely with the Management Credit Committee (MCC) in approving of
facilities recommended by business
Qualifications,
skills and experience required:
- A
Degree preferably in Finance or Business from a recognized university
- Full
qualification in accounting / finance
- At
least 3 years working experience at similar level gained in a busy Credit
role in a Bank
- Supervisory
experience a compulsory
- Must
have knowledge in core computer system usage in credit
- MBA
holders are preferred
Applications
for these positions should be sent with detailed CVs and names of three
referees to reach us on or before Friday 12th August 2011 through our
recruitment e-mail recruitment@gulfafricanbank.com
Only short-listed candidates will be notified within two weeks of the closing date.
Only short-listed candidates will be notified within two weeks of the closing date.
