Officer, Loan Monitoring ENG RMD 998 at Ecobank

Ecobank – a pan-African banking corporation with operations in 33 African nations, Ecobank is officially known as Ecobank Transnational Inc. Serving both wholesale and retail customers, it is the top independent regional banking organization in West Africa and Central Africa.

Title: Officer, Loan Monitoring ENG RMD 998

Job Identification: 297

Location: Victoria Island, Lagos

Job Schedule: Full time

Special Roles and Responsibilities

• Review CA and offer letter to ensure that the loan is used for its purpose and operates in line with approved dynamics
• Prepare exception report on any loan with suspected diversion for other purposes.
• Weekly preparation of Portfolio report bank wide.
• Review of all Inventory facilities to ascertain conformity with approved covenants before rollover is considered.
• Review the PDO: TRA trend analysis of the areas and each business segment  to identify account responsible for negative trend and follow up
• Follow-up with RMs on regularization of all matured obligations, accounts in excess of approved limit, renewal/extension of expired facilities
• Coordinate Criticized Asset Review Committee Meeting (CARC)
• Follow up with the Relationship Managers on Criticized Asset Review Committee Meeting (CARC) decisions
• Preparation of Alert accounts report and follow-up on decisions reached by the committee
• Making joint call to customers as determine on case basis with special emphasis for where a Tenor extension, Roll over or Restructuring is proposed with Relationship Managers and/or Remedial Staff.
• Conduct Portfolio Review and identify accounts for classification and remedial management
• Review of various Loan Monitoring reports and follow up with business units.
• Preparation of sanction list in line with the bank approved sanction grid for circulation via Human Resources Department
• Rendition of report on Loan Monitoring activities
• Perform and Coordinate Collateral Management activities
• Review and approval of APG funds in line with approval terms.
• Coordinate the appointment Independent Project Manager and follow up review.

Job Requirements
Educational Qualification:

• A Good University Degree with a minimum of 2:2 and/or and additional qualification i.e. MBA, MSc, ICAN etc.

Work Experience:

• Must have 2-8 Years relevant Banking Experience
•  e.g. Minimum of 2 years working experience in retail/private banking
• Minimum of 8 years working experience in Branch Banking Operations, Treasury, Marketing, Recovery, Credit Control & Loan Monitoring.

Skills:

• Interpersonal skill
• Leadership / Supervisory
• Analytical/problem solving skill
• Computer appreciation (word- processing/Spreadsheet/PowerPoint)
• Excellent customer service orientation
• Database Management

Knowledge:

• Strong knowledge of banking operations, products & customer segmentation
• Good understanding of Business Restructuring initiatives
• Good credit knowledge.

Personalities and attributes:

• Paying attention to details
• Positive “can do” attitude
• Goal driven and result oriented

Deadline: 18th June, 2023; 22:00

How to Apply: Interested and qualified candidates should Click Here to apply online