Credit Monitoring Team Member, Business Banking

Responsibilities:

• Monitoring and constant follow-up of past due obligations on credit facilities with the respective relationship teams, to ensure clean-up.
• Monitoring and constant follow-up towards regularization of temporary overdrafts and tenor extensions.
• Review and monitor with constant follow-up on expired and expiring/maturing loan obligations and overdrafts towards regularization by repayment or renewal.
• Recommendations to respective relationship teams on the status of performance of facilities managed by them.
• Preparation of position paper (snap review) on the status of performance of specific transactions/customers.
• Escalation to appropriate authorities on the default status of specific accounts for information and decision-making.
• Monitoring and reporting of key distributors' finance facilities.
• Review and approval of transactions on STAR.
• To track post-approval conditions/covenants attached to credit facilities.
• To monitor for compliance post-approval conditions/covenants established on credit facilities.
• Preparation and rendition of Credit Monitoring Exceptions Report on a monthly basis.

Requirements:

• A minimum of 3 years relevant experience with at least 1 year in the credit risk management domain.
• Good understanding of credit risk management principles.
• Numerical skills.
• Ability to communicate clearly both verbally and in written form in a professional manner.

Location: Lagos & West