Job Purpose

This position is responsible for monitor, track and report on day-to-day the Portfolio asset quality about customer performance of individual credit facilities and loan portfolio as a whole to ensure early warning signs are identified, investigated and action is promptly taken to address situations where credit risks have, or could, move outside risk appetite or there is potential to deteriorate further.

• Provide the daily system credit monitoring and management reports and identify delinquent accounts with irregularities, proactively following up to ensure corrective action is taken in line with credit policy.
• Ensure the review of the entire portfolio is carried out with an emphasis on the following for day-to-day monitoring purposes: arrears amount and days of borrowers, excess on limits, expired and expiring limits, and follow-up on restructured loans which are to be kept under a cooling period in observation of BNR regulation.
• Develop, recommend, and implement strategies to ensure that the accounts under the watch category are upgraded to normal in line with BNR regulations and Bank policy.
• Provide the Slippages review report: ensuring mitigation of loan portfolio deterioration through daily communication with the business units, a review of vintage analysis reports, and monitoring of loans near downgrade points.
• Provide the report on monitoring the insurance renewal period for collateralized loans and covenants tracking.
• Follow up with the Business Units to ensure annual loan reviews are conducted and share the report.
• Perform portfolio risk management by continuously monitoring sectoral concentrations, Single Obligor Limits, etc.
• Prepare required reports indicating the bank’s loan status for submission to management on a monthly basis, ensuring the analysis and reporting of Overdrawn accounts reports is carried out.

• Ensure compliance with the Bank’s policies, regulatory requirements, and best practices in the monitoring and control process to minimize credit risk.
• Ensure satisfactory audits by facilitating internal, external, and central bank audits, and ensuring timely closure of all credit risk reviews, internal & external audits, and central bank review findings.

Daily Responsibilities

• Lead, organize, and coordinate the Credit Monitoring team tasks and assignments related to credit monitoring.
• Provide feedback to different Business Units, management, and external partners for all inquiries relating to the loan portfolio.
• Submit reports that summarize credit portfolio performance trends and identify areas of credit risk.
• Address irregularities and advise on remedial actions.

Educational Qualifications and Work Experience

• Bachelor’s degree in Business, Finance, Accounting, or Management.
• Minimum four (4) years’ experience in Credit Monitoring, Credit Reporting, and general banking operations.
• Certification in Banking.