The Senior Credit Officer at Old Mutual plays a pivotal role in evaluating the creditworthiness of borrowers, ensuring that clients are suitable candidates for credit, loans, or financing options. This position requires a delicate balance between maintaining client relationships and efficiently executing duties. The Senior Credit Officer should embody professionalism, trustworthiness, and possess strong communication and negotiation skills, along with the ability to work independently.
Duties and Responsibilities
-Follow standardized processes and offer administrative support in line with normal business functioning. -Achieve daily production standards and adhere to service and quality benchmarks. -Provide indirect services to customers. -Respond promptly to immediate requirements within established procedures. -Assess the creditworthiness of potential borrowers. -Gather and analyze financial data of loan applicants to evaluate risk. -Collaborate with other financial experts to make decisions on loan approvals or declines. -Provide recommendations on increasing, adjusting, extending, or closing lines of credit. -Examine financial transactions and credit history of loan applications. -Conduct ratio, trend, and cash flow analyses, and create projections. -Determine the level of risk involved and offer recommendations for loan facilities. -Analyze data meticulously and generate clear, objective reports. -Routinely monitor loans for compliance with credit policies. -Adhere strictly to credit policy and guidelines. -Monitor the asset quality of the corporate portfolio on an ongoing basis.
Ad
Qualifications and Experience
-Minimum of three (3) years of experience in Credit Management, with a focus on MFI or Banking. -Knowledge of financial statements, cash flow analysis, and industry/market credit research. -Multi-skilled across various products and processes. -Working knowledge of Microsoft Office and databases. -Degree in Risk Management, Economics, Finance, or a related business field. -Credit or Risk Management certification or equivalent.
Competency Requirements -Strong analytical skills. -Excellent communication skills (written and oral). -Negotiation and problem-solving skills. -Ability to gain commitment. -Relationship-building skills. -Technical knowledge. -Ownership and initiative. -Information monitoring.
