• Application Deadline:
• Position: Team Lead, Corporate Credit Appraisal February 13, 2024 Risk Management


• Job Type Full Time


• Qualification BA/BSc/HND , MBA/MSc/MA


• Experience 5 years


• Location Lagos


• Job Field Banking  , Finance / Accounting / Audit 
  

Qualification:

• Bachelor’s degree minimum of 2:2, master’s degree, certification in Institute of Chartered Accountants of Nigeria, Chartered Risk Managers Institute and other professional bodies will be added advantage.

Experience:

• Minimum of 5 years on similar role

Reporting Relationships

• Functionally & administratively reports to the Head, Corporate Credit Appraisal.

Certifications

• Any of the following: ACCA, CRMI, CIBN, PMP, ICAN

Job Objective(s)

• Underwriting of corporate credit applications in a timely manner and generate quality report to aid decision making by approval authorities.

Duties & Responsibilities

• Introduce the Bank to the marketplace, meet Assignment of credits to Credit Analysts in the Corporate Appraisal Group.


• Ensure credit requests have complete documents [i.e. financial spreads, evidence of proposed security, contracts – if applicable, etc. – current target of 80% of credits appraised.


• Ensure credit requests are processed in a timely manner-currently within 48-96 hours from submission of complete credit packages.


• Initial response to Relationship Managers on submitted credits – currently within 24 hours of receipt of credit package.


• Ensure credits processed are in line with the Bank’s laid down guidelines on credit as follows:
  
  
  
  • Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
  
  
  • Evaluate customer records and compare achieved profitability against initial projections.
  
  
  • Confer with credit administration Group to get credit reports where not provided by Relationship Managers.
  
  
  • Liaise with Legal Services Division on contracts, collateral documentation, etc.
  
  
  • Undertake joint calls with Relationship Managers when required.
  
  
  • Analyze financial data such as income growth, quality of management, and market share to determine expected performance on loans.
  
  
  • Evaluate Information on credit requests to Determine Compliance with Standards — Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
  
  
  • Prepare quality reports [Credit Comments Memorandum] that includes the degree of risk involved in extending credit or lending money.
  
  
  
  


• Periodic Review of Product Papers.


• Build knowledge of Account Officers and Relationship Managers on the Bank’s Credit Culture, Policies and Procedure.


• Annual Rating of Corporate Bank Relationship Managers.


• Any other duties as assigned by the Head, Corporate Credit Appraisal.

Experience / Skills

• High risk consciousness.


• Good knowledge of Microsoft Excel.


• Ability to pay attention to detail.


• Ability to work under pressure.


• Good knowledge of the Bank’s Banking Software.


• Good understanding of various economic sectors/market dynamics.


• Strong ability to interpret and reconcile accounts.


• High level of independence and assertiveness


• Strong analytical skills.


• Excellent organizational skills.


• Good record keeping / file keeping and documentation skills.


• Excellent interpersonal skills.


• Good written and oral communication skills.


• Leadership and Managerial skills