Principal Responsibilities:

The key responsibilities, accountabilities, and deliverables as below:

1. Creating credit spreads and calculations on financial statements and related information for new to bank and existing clients using relevant systems and software.

2. Performing comprehensive analysis of new credit requests, credit change requests, renewals and annual reviews in co-ordination with the Senior Relationship Manager in the Front Office.

3. Developing in-depth knowledge of the sector they are supporting.

4. Preparation of various types of Credit Applications and related summary term sheets.

5. Raising of waiver requests stemming from deviations to bank policies, standards and procedures (e.g., Wholesale Banking Policy, Credit Policy and standards, Credit / Legal Documentation Policy etc.) approved conditions and covenants (includes conditions precedent and subsequent).

6. Earmarking of limits and subsequent reinstatement or lapsing (as appropriate)

7. Structuring of credit facilities and related transactions.

8. Building and maintaining a portfolio-wide database to capture the day-to-day management of Approval conditions and agreed covenants. 

9. Tracking and reporting of all unit related deliverables, KPI’s and KRI’s

10. Ensuring Facility and Security documentation are prepared in accordance with credit approvals, Credit/Legal Documentation policy and Department procedures.

10. Ensuring follow-up and satisfaction of conditions precedent and subsequent to facility utilization.

11. Tracking and reporting the status of conditions precedent and subsequent documents and highlight exceptions to line manager.

12. Preparation of periodic reports as well as any MI reports for the department.

Job Requirements:

Knowledge
1. Ability to solve problems and escalate to higher levels (as appropriate) and get along with people amicably.

2. Good understanding of Wholesale banking products.

3. Good knowledge and understanding of Credit, AML and Operations management.

4. Fair working knowledge of Loan Documentation, Syndication Loan Structures, Commercial Contracts, Trade Finance, Credit Risk, KYC and Banking terminology including standard loan covenants.

5. Good background in performing credit analysis of Corporations.

6. Solid computer skills with capability to use spreadsheets, graphic and presentation packages to review and create professional materials

Education
1. Suitably educated, preferably with a bachelor’s degree in economics/commerce/finance.

2. Professional Degrees (an added advantage)

Experience
Minimum of 3-5 years’ experience in a similar function, credit oraudit with large regional or global financial institution(s)