Retail Credit Manager

Description:

The Retail Credit Manager role forms part of the Credit Risk Management (CRM) team and is primarily responsible for managing an assigned portfolio of Retail Banking borrowing clients. The Retail Credit Manager plays a lead role in the credit risk engagement with the Retail segment business team who manage the overall client relationship. The role is to primarily oversee the retail credit granting process for Access Bank. To optimize the Bank’s retail targets and reduce bad debt losses by adhering to the local Credit Policy Guide and the National Credit Act (NCA). The Retail Credit Manager will oversee and be party to evaluating the creditworthiness of existing and prospective retail customers against set policies, procedures and National Credit Regulator (NCR) guidelines as well as taking accountability for the overall Retail credit portfolio management. *1 Credit Evaluation 40 % * • To approve and decline credit applications based on sound justification against the Bank’s Credit policy and National Credit Act requirements as per National Credit Regulator • To evaluate credit applications in line with the Bank’s credit scoring models • To determine loan interest rates in line with the Bank’s retail Pricing Matrix, Credit Score and as prescribed by the National Credit Act 2 / 2 *2 Facility Reviews 10 %* • To conduct facility review assessments of existing customers • To assist Business to ensure that reviews are conducted annually and timeously • To timeously issue quotations and facility letters *3 Post-fulfillment 20 %* • To exercise effective post-lending monitoring to ensure that facilities are maintained in accordance with conditions of sanction and covenants *4 Portfolio Management 20 % * • To apply appropriate action on the daily referral report to minimise the Bank’s risk. This is to be done by effectively dealing with unauthorized excesses and overdrawn positions • To closely monitor and control arrear loan accounts • To timeously monitor deterioration in the lending book and action same per loan classification policies and guidelines • To recommend accounts to the Watch list and Criticized Assets Committee for closer and significant monitoring • To timeously recommend hand over of delinquent accounts to NPL section for rapid action and recovery process *5 Reporting 10 %* • Maintain proper records of the lending bookings • To produce reports regarding of the lending book when called to do so • To contribute to improving processes and efficiencies within the department *Business Planning/ Decision Making* • Daily task planning and prioritazion of expected deliverables for timeous execution and delivery of expected outcomes • Adherence to SLA requirements within the Retail business segment • Effective and sound decision making *Policies and Procedures* • To analyse and assess credit applications in accordance with approved policies and procedures and ensure that credit exposures are created