• Application Deadline: Mon, 27 Jun 2022 00:00:00 GMT
• Position: Lien Management Officer (LMO)


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 2 years


• Location Lagos


• Job Field ICT / Computer 
  

Job Description

• Review lien removal requests from Business Units and recommend to Team Lead for concurrence/ approval.


• Review shipping documents release request from Business Units and recommend to Team Lead for approval.


• Ensure effective performance of credit monitoring functions on Small - medium size loan portfolio with low - mid complexity


• Conduct and document a quarterly performance review on accounts in assigned portfolio and to highlight management action including classification that may be required on the accounts


• Review and supervise the activities of the small-medium size loan portfolio


• Post disbursement review to confirm compliance with approved conditions subsequent to drawdown on facilities and follow up on exceptions on an on-going basis 


• Escalation of observed exceptions on post disbursement review to Business Unit.


• Execute credit monitoring functions and reporting on the following portfolio categories and make recommendations to Team Lead to correct exceptions:
  
  
  
  • Expired & expiring facilities; 
  
  
  • Accounts in excess of approved limits; 
  
  
  • Accounts with unauthorized balances and 
  
  
  • Finnone accounts with overdue loan repayment and interest charges
  
  
  • Non-performing Overdrafts
  
  
  • Watchlist facilities
  
  
  • Impaired Facilities
  
  
  
  


• Identify other exceptions and ensure that RMs/GHs regularize these exceptions identified within stipulated timelines.


• Generate data and present accounts for classification/declassification to Team Lead for further review and analysis


• Support in first level remedial activity on Small to Medium accounts designated by management and not yet transferred to RBU


• Review reports for Criticized Assets Committee meetings for the following category to address portfolio exceptions, follow up on CAC resolutions and make appropriate recommendations for management’s informed decisions:
  
  
  
  • Group Head Level Criticized Assets Committee Meeting
  
  
  • Line Executive Criticized Assets Committee Meeting
  
  
  • CRO/MD Level Criticized Assets Committee Meeting
  
  
  
  


• Work with Information Technology on continuous process improvement.


• Liaise with relevant stakeholders and other departments (BPM, Legal Services, Internal Audit/Operations/Control etc.) for effective credit monitoring as required by job function


• Assist to provide update on request from regulators and examiners during periodic review and ongoing basis.


• Monthly review and follow up on Bonds & Guarantee issued on behalf of customers and Inward BG securing the banks facilities.


• Review of Warehousing Stock report vis a vis customers exposure to the bank.


• Resolution of issues on black book managed by Credit Risk Management


• Preparation of Credit Print out (LADRAM) in format required by CBN/NDIC Auditors incorporating IFRS 9 requirements in terms DPD, LGD, etc.


• Work at resolving exceptions on account management issues emanating from audit and examinations with relevant stakeholders


• Implement the Bank’s Account Management Responsibility Policy.

Requirements

Minimum Education:  

• Very good First Degree in any discipline and any additional qualification

Experience:

• Minimum experience: 2 years of relevant banking experience with at least 2years in Risk Management, Credit Analysis or Relationship Management function.

Key Competency Requirements:

Knowledge:

• Knowledge of banking practices and policies, products and processes Statistics


• Banking structure and procedures.


• Core Banking Processes and applications such as Finacle


• Industry knowledge


• An in-depth knowledge of Credit Management processes


• Familiarity with Microsoft Office, especially Excel.

Skills / Competencies:

• Interpersonal skills


• IT and Computer appreciation


• Communications skills (written and oral)


• Attention to details


• Analytical and conceptual skills


• Integrity 


• Ability to communicate technical information to a non-technical audience


• Reporting skills


• Must be solution driven, proactive and have acceptable knowledge of the business environment


• Performance Measurement & Assessment skills.