Senior Manager Ongoing Credit Risk Manager at First National Bank (FNB)
Lusaka, Full Time
First National Bank (FNB)
Job type: Full-Time
Job category: Administrative/Secretarial Jobs in Zambia – First National Bank Jobs in Zambia
About us, purpose, experience and qualifications
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Identify high risk clients through, inter alia, management of the various ongoing risk management processes, such as: Excesses, Expired limits, Covenant monitoring, Risk behaviour, and High-risk process. Managing a portfolio consisting of high-risk clients on an ongoing basis by conducting due diligence investigations and client visits, compiling status reports, maintaining a high-risk client database, raising provisions and devising action plans and the implementation thereof. Conduct monthly risk meetings and quarterly portfolio meetings.
experience and qualifications
Degree in Business or Accountancy
LLB diploma or degree is an added advantage
Credit Management skills and experience of between 5 to 10 years, including in depth knowledge of banks financial products is essential.
Proficient interpretation of financial statements to support responsible credit management and mitigate risk.
In addition, minimum 3 years commercial banking experience (compliance, credit risk and / or credit).
Extensive and broad lending (practical and technical banking) experience is required with a sound knowledge of risk and human resources management.
Proven knowledge of Credit Policies and procedures.
Understand make up of portfolio and provisioning process.
At least 2 years Collections background
The capacity to work co-operatively with others to achieve shared goals
The capacity to facilitate conflict resolution and allow for maximum understanding between different parties and points-of-view
Grasps new information with ease, is motivated to actively identify new areas for learning and consistently creates and takes advantage of learning opportunities
Cuts to the core of issues and applies effective analysis, logic and creativity to identify and implement solutions
The capacity to listen attentively, present information clearly and concisely and respond appropriately to the verbal and written communications of others. This includes the ability to regulate delivery in response to the needs of a target audience
Computer literacy (MS Word, Excel, and Outlook.
Excellent interpersonal and communication skills (verbal / written).
Able to hold ones own in the face of opposition and exert influence calmly, firmly and fairly
Ability to lead and manage a team of collectors
Identify high risk clients through, inter alia, management of the various ongoing risk management processes, such as: Excesses; Expired limits; Covenant monitoring; Risk behaviour; High risk process.
Managing a portfolio consisting of high-risk clients on an ongoing basis by conducting due diligence investigations and client visits, maintaining a high-risk client database, raising provisions and devising action plans and the implementation thereof
Monitors triggers through Credit Monitor (Dormant Accounts, Categorization, Hardcore Accounts, Expired limits etc.).
Ensure to have input in the restructures done by the Relationship Managers and Credit Managers and monitor for adherence restructure agreed structure
Assess and approve excesses in terms of approved excess mandates and refer those outside mandate
Ensures security is perfected by the business on all handed over CAT2 and High Risk CAT 1 accounts as agreed at approval of the facility.
Ensures adherence to covenants agreed to by the various Credit Committees on the relegated CAT2
and the CAT1 High Risk accounts
Ensures adherence of Guarantees structure as agreed at approval of the facilities (e. g monitors expiry dates) on accounts that have been downgraded / relegated to Risk Category 2 & and the CAT1 high risk accounts
Evaluates and refers any requests to release /amend any securities Accounts that have been downgraded / relegated to Risk Category 2
Ensure ORM reports are prepared accurately and on time
Adhere to ensuring that the CAT2 and high risk CAT1 accounts have promises to pay and they are followed up to ensure they are honored
Monitors the resolution of audit findings throughout the Branches / Business Units and achieve