Credit Administration Officer
- To ensure proper documentation, perfection of securities, and compliance with credit approval terms. The role focuses on loan disbursement conditions, collateral management, and post-disbursement monitoring to minimize credit risk.
- Review credit and security documentation to ensure compliance with approved credit terms, internal policies, and regulatory requirements, and confirm legal enforceability of securities in liaison with Legal.
- Ensure all conditions precedent and documentation are fully satisfied before processing loan and overdraft disbursements on the core banking system.
- Conduct pre‑ and post‑disbursement checks, including review of trade/shipping documents, monitoring of temporary accommodations, and follow‑up on outstanding documentation.
- Monitor collateral management requirements, including insurance coverage on pledged assets and confirmation of the Bank as loss payee.
- Track unauthorized facilities, excesses, and over‑limit positions, and engage Relationship Managers to obtain explanations and corrective actions.
- Prepare accurate daily, weekly, monthly, and quarterly credit administration and compliance reports for Management Credit Committee and regulatory reporting purposes.
- A good first degree in Accounting, Finance, Banking, Economics, or Law. A relevant Master's degree or professional certification (e.g., ACA, ACCA, or Certified Credit Administrator) will be an advantage.
- A formal training in Banking Law/Regulations, Credit Documentation, Collateral Perfection is an added advantage
- Minimum of 3–5 years post-qualification experience in credit administration, credit risk management, or loan operations within the financial services industry, of which at least 2 years must have been in the banking sector.
Interested candidates are advised to submit their applications on or before Tuesday, April 21, 2026, as late applications will not be considered.
