Senior Credit Officer

job Description

Key Focus and Role Description:
The role is responsible for determining credit worthiness of borrowers, thus assesses whether clients are good candidates for credit, loans, or financing options. The individual must strike a balance between maintaining relationships and ensuring timely delivery of duties. The Senior Credit Administrator should exhibit professionalism and trustworthiness and must have excellent communication and negotiation skills, as well as the ability to work independently.

Duties and Responsibilities

Key Result Areas:
-Follows standardised processes and provides administrative support in line with normal business functioning.
-Assesses creditworthiness of prospective borrowers.
-Gathers and analyzes loan applicants' financial data to evaluate risk.
-Collaborates with other financial experts to approve or decline loans.
-Makes recommendations about whether to increase, adjust, extend, or close lines of credit.
-Examines financial transactions and credit history of applications.
-Completes ratio, trend and cash flow analyses, and creates projections.
-Determines in-depth, the degree of risk involved and gives recommendations for loan facilities.
-Carefully analyses data and produces clear and objective reports.
-Routinely monitors loans for compliance with the credit policy.
-Monitors corporate portfolio asset quality on an on-going basis.

Administration
Produce, update, and provide best practice support on a wide range of Microsoft documents, databases, and other departmental systems.

Business Meetings/Events Arrangement
Schedule appointments, make arrangements for meetings and conferences, and organize travel plans, following instructions to ensure more senior colleagues or a senior executive make the best use of their time.

Correspondence
Prepare routine letters, email, minutes of meetings, and reports for approval by more senior colleagues or a senior executive.

Document Preparation
Prepare moderately complex documents using a variety of applications for technology devices, such as standard office software. Also responsible for gathering and summarizing data for reports.

Work Scheduling and Allocation
Design own monthly schedule and, if necessary, assign work to others in order to speed up office workflow and ensure high-priority tasks get done.

Data Collection and Analysis
Produce accurate reports for others by collecting data from a variety of standard sources and inputting it into standard formats.

Insights and Reporting
Extract and combine data to generate standard reports.

Budgeting
Monitor and analyze data using budgeting systems and protocols.

Personal Capability Building
Develop and maintain excellent process or technical skills by participating in assessment and development planning activities as well as formal and informal training and coaching.

Operational Compliance
Develop working knowledge of the organization's policies and procedures and of regulatory codes and codes of conduct relevant to own work, adhering to mandatory procedures to ensure own work is undertaken to the required standards.

Procurement
Support others by carrying out simple procurement tasks. Involves following established procedures.

Qualifications and Experience

-Degree in Risk Management, Economics, Finance or any related degree
-Have a minimum of three (3) years’ experience in Credit Management. Experience in MFI or Banking will be an added advantage.
-Knowledge of financial statements and cash flow analysis, industry/market credit research.
-Fully multi-skilled across products and processes.
-Has extensive, relevant experience
-Working knowledge of Microsoft Office and databases.

Performs routine administrative duties such as drafting correspondences, scheduling appointments, organising and maintaining data, as well as assisting internal and external stakeholders