Origination Manager at Equity Bank Rwanda

1 Origination Manager at Equity Bank Rwanda
Origination Manager

Equity Bank Rwanda | Type: Job
Published: 2024-02-20 | Deadline: 2024-02-21

Equity Bank is one of the region’s leading Banks whose purpose is to transform the lives and livelihoods of the people of Africa socially and economically by availing them modern, inclusive financial services that maximize their opportunities. With a strong footprint in Kenya, Uganda, Tanzania, Rwanda; DRC and South Sudan, Equity Bank is now home to nearly 18 million customers - the largest customer base in Africa. Currently the Bank is seeking additional talent to serve in the role outlined below.

ORIGINATION MANAGER

To originate high-quality lending proposals or Credit Analyses of applications/leads initiated by the Relationship Team/Managers within the required turnaround time (TAT). Also, to manage the portfolio through assigned monitoring accounts, compliance with approval conditions or contracts’ covenants, e.g., collaterals and banking levels, identifying early signs of delinquency, and ensuring prompt issue resolution. The proposal origination and portfolio management should be done in line with the credit policy and other related in-force procedures, e.g., proposals submission procedure, Credit monitoring procedure, and service charter.

Key Responsibilities and Accountabilities

  • Ensure adherence to the Bank’s turnaround time standards for processing, sanctioning, and recommending Credit Applications.
  • Responsible for the quality of recommended Credit Applications.
  • Closely monitor the assigned credit portfolio, initiate proposals for new facilities or facility modifications, and grow a healthy portfolio.
  • Ensure adherence to all the Bank Policies and Procedures, the Credit Policy, Anti-Money Laundering policy, and the internal code of conduct, etc;
  • First line in managing credit portfolio and responsible for reducing credit risk and balance sheet optimization to secure a high return on assets invested by the Relationship Manager.
  • Visit customer premises along with the RMs to ensure a good understanding of business fundamentals and develop the appropriate structure.
  • Proactively identify potential problems on credit files and formulate appropriate risk-mitigating strategies.
  • Daily, weekly, and monthly monitoring and reporting on assigned loan accounts.
  • Provide insights on all covenants included in the loan files and offer letters with proper recommendations to RMs and the Head of Department to reverse any negative trend when identified.
  • Full collaboration with the Relationship Managers in the portfolio monitoring, implementation of growth strategies, and new sector explorations.
  • Share knowledge and best practice with team members and other Bank’s colleagues.
  • Any other job responsibility as may be assigned by the Head of Department.

Qualification, Experience, Skills and Attributes

  • Graduate or professional in Finance, Accounting, Business, Banking or related field
  • At least 5 years of business or corporate lending experience
  • Strategic perspective and good knowledge of Rwanda's Business environment
  • Proficiency in MS Office tools.
  • Excellent credit appraisals and analytical skills
  • Understanding of Rwanda's legal frameworks

If you meet the above requirements, submit your application quoting the job opportunity you are applying for to the email address below by 21st February 2024. Please include detailed Curriculum Vitae, copies of the relevant certificates, testimonials, and daytime telephone contact and email address. Only short-listed candidates will be contacted.

Email to: jobsrwanda@equitybank.co.rw

Equity Bank is an equal opportunity employer. We value the diversity of individuals, ideas, perspectives, insights, values and what they bring to the workplace.