Lead - Credit Administration

Job Purpose

• Release & maintain credit facility limits in various banking systems in line with credit approvals / documentation unit release instructions and in adherence to all applicable bank policies, procedures, regulations and SLA’s.
• Generate and issue balance confirmation and other credit related letters / reports to the relevant stakeholders.
• Perform User Acceptance Testing (UAT) on system enhancements for assigned projects.
• Carry out all monitoring and control activities that are under the scope of Credit control unit.
• Ensure all risks and related controls pertaining to unit’s activities are identified in the RCSA and maintained up to date.

• Credit Facility Limits are released and maintained in line with the credit approvals / documentation unit release instructions.
• Update covenants in line with the credit approval.
• Ensure interest rates, earmarking, reallocation and reinstatement of limits are correctly updated in line with approved terms and conditions.
• Ensure syndication facility related disbursements, fee recoveries, rollover, settlements, interest/profit adjustments instructions are executed in an accurate and timely manner.
• Monitor sundry and nostro accounts pertaining to syndication facilities and ensure outstanding items are reconciled / justified in a timely manner.
• Maintain project trackers for discounting and monitoring progress payment certificates.
• Monitor margin build ups and generate exception & control reports.
• Place and release liens/hold/blocks & freeze on deposits, securities, accounts and investments in line with credit approvals / facility agreements.
• Prepare and generate credit related letters / reports required for customers, regulators, management, audit etc. on demand / periodic basis.
• Ensure relevant collaterals are accurately updated and monitored as required.
• Perform UAT’s on system enhancements related to the unit’s activities and ensure successful closure of the UAT.
• SOP’s of the unit are reviewed regularly and recommendations are provided to improve controls & turnaround time and always maintained up to date.
• Escalate any system / process irregularities in a timely manner.
• Carryout periodic control testing on selected samples based on the defined control testing methodology.
• All Risks and related controls of the unit’s activities are identified in the RCSA and is maintained up to date.
• Ensure “Zero” operational losses.
• Ensure no audit findings.

• Graduate with a Minimum of 6 years of experience in General Banking covering at least 2 years in credit administration related activities.
• Good knowledge on various banking products & services and its operations.
• Technology oriented.
• Good communication (both oral and written) and interpersonal skills.