Job Purpose 

Ensure that the Bank’s need to provide adequate controls over the risks encountered in the pre- and post-credit granting stage of the credit process are satisfied by:

Ensuring a proactive CMU function exists as it pertains to enforcing lending covenants and proactive portfolio management.

Verifying key documents and maintaining tight control over physical stock counts, warehousing inspection, and monitoring key distributors in line with approved parameters.

The delivery of a professional service to the business units based on sound  principles which supports the minimising of risk to the bank.

Key Responsibilities

Product

Validate the accuracy and completeness of bills of quantities, drawings, construction contracts and related documentation provided for building loans.

Monitor construction projects from start to finish, monitoring progress according to predetermined schedules.

Liaise with all parties involved in construction projects including Architects, Quantity Surveyors, Engineers, Project Managers & Contractors.

Periodic inspections of construction sites and preparation of site visit & loan monitoring call report.

Undertake a comprehensive and robust monitoring, stock count and other activities of customers related to CMU in line with approved sanction and various distributorship schemes.

Undertake periodic and ad-hoc visits / spot checks to review clients’ operations and provide a comprehensive status report as stated in approved sanctions, which must include identification of potential structural weakness in clients’ operations.

Liaise with external agents, e.g., warehousing/collateral agents etc. on behalf of the Bank and act as a checker on their activities in line with executed service agreements. Reports will be duly provided for such activities.

Provide guidance and input in applications requiring monitoring from CMU prior to submission to Credit while simultaneously proceeding with validation of information and documentation provided by the customer.

Ensure CMU SharePoint is updated with relevant reports and documentation as required by centre.

Track collections from key distributors under the various approved schemes to forestall any possible diversion of sales proceeds.

Authorisation of funds transfer from collection accounts to client’s current accounts.

Review account performance vis-a-vis terms and conditions of approval and ensure strict adherence.

Verify documents and information in day-to-day work as delegated by Account Management or Credit Evaluation in line with approved turnaround time.

Diarise and follow up on conditions of sanction/covenants as relates to the CMU function.

Refer/escalate / flag up problematic or irregular accounts (inappropriate payment patterns, failure to meet specific covenants etc.) to Credit Evaluation and Account Management for inclusion in monthly watch list.

Maintain a proper monitoring system and ensure that the data set is complete and accurate.

Design reports that address the tracking and measurement of agreed account performance criteria.

Co-ordinate monthly transaction status report to Management.

Confirmation of invoices and contracts being financed under Invoice Discounting and Contract Financing.

Review and approve Trade Loan Facilities submitted for drawdown.

Manage debtors and creditors in need where the bank has carried out Contract financing.

Establish and maintain close working relationships with internal and external service providers.

Ensure adherence and compliance to all policies, processes, and procedures.

Participate in knowledge sharing within the credit and business teams.

Control the adherence to the service level agreement for internal and external processes where applicable.

Build relationships with business bankers and relationship managers to improve structured transactions, business proposals and turnaround time on drawdowns.

Attend meetings with and maintain regular contact with front office/product areas to build good working relationships.

Monitor and control the quality of designated portfolio using conditions of sanction and other covenants/conditions.

Act on continuous improvement relating to design and continuously improving  existing and new business processes.

Any other roles or tasks to be assigned by Head, Account Management & Collateral.

Risk, Regulatory, Prudential & Compliance

Affirm that group governance standards are effectively embedded resulting in clean CRR, Audit & CART findings.

Implement month Manco checks and continuously develop them in line with emerging risk areas.

Maintain adherence and compliance to all policies, processes, and procedures.

Act on the implementation and adoption within CMU of all compliance, anti-money laundering and sanctions related requirements contained in policies procedures and processes. This includes monitoring and identifying any material compliance related breaches and escalating them to the compliance officer.

Check compliance with covenants and escalate them to the right DA.

Detect early warning signals impacting the portfolio.

Play a role in supporting PPB & BCB Credit Risk agenda.

People

Give clear direction to the activities of the team members with regular feedback and support.

Facilitate the development of staff and provide opportunities for their growth and contribute to the effectiveness of the team.

Oversee all reports from the CMU team prior to onward forwarding to management.

Ensure that the CMU team is effectively staffed and motivated.

Client

Proactively stance on individual portfolio allocation by active level of dialogue with front office/CEMs to ensure risk considerations are part of business strategy.

Data

Maintain that relevant reports are produced in an accurate and timely manner.

Daily review of reports and highlighting anomalies within assigned portfolios.

Obtain information directly and indirectly from appropriate counterparties necessary to check covenants.

Implement research, analysis and data management from varied sources aimed at pre-emptying risks on the credit portfolio.

Qualifications

Knowledge

First degree in Building Economics, Quantity Surveying or equivalent, including valid regulator accreditation.

Sound knowledge and understanding of credit criteria, credit policies, risk and financial analysis, credit control and the application thereof

Thorough working knowledge of the operating system and its related procedures, for analysing the account behaviour of clients 

Thorough understanding of all the bank’s product and facilities that give rise to counterparty credit risk

Understanding terms of the facilities and any conditions and covenants that will need to be complied with over the duration of the facility’s life

 Understanding of the bank’s systems, policies, and procedures to optimally draw on the available information to manage and control the post-credit granting processes

Experience

5-7 years experience in:- 

Banking, particularly pertaining to credit risk management, banking processes regarding banking products and the operation thereof

Energetic and with sound decision skills

Must be able to work under pressure and remain focused

Analytical with a tolerance for high volumes and problem absorption whilst detailed oriented.

Previous management experience

Additional Information

Behavioral Competencies:

Articulating Information

Directing People

Empowering Individuals

Examining Information

Making Decisions

Managing Tasks

Providing Insights

Resolving Conflict

Taking Action

Team Working

Understanding People

Upholding Standards

Technical Competencies:

Client Servicing

Compliance

International Market Knowledge

IT Systems

Local Market Knowledge

Query Resolution

Risk Reporting

Root Cause Analysis