Job Openings at Access Bank PLC

Description

Job Purpose

The job holder will evaluate and advise on recovery solution (s) to Non-Performing Debts, develop action plans and monitor their execution on a continuous basis to achieve maximum timely recoveries and or turnaround at minimal costs. The expected results are:

• To restore Non-Performing debts to performing.
• Recover Non-Performing debts to the fullest extent possible to achieve budgeted financial targets.
• Minimize recovery costs to the lowest possible levels.
• Additionally, he/she will provide timely and accurate recovery reports to facilitate decision making and meet regulatory requirements.

Key responsibilities

• To maintain a high quality loan portfolio.
• Daily monitoring and immediate follow-up of all accounts in the non-performing portfolio.
• Managing issuance of all required statutory notices prior to engaging recovery action.
• Oversee disposal of recovered assets.
• Negotiating and restructuring facilities where such action increases chances of recovery of the debt.
• To advise and train the bank on good lending techniques that would reduce delinquencies.
• To advise and train the bank on early debt management and debts collection.
• Implementing exposure/recovery strategies and action plans for each non-performing debt.
• To increase the profitability of the bank through write backs.
• Ensure compliance with credit policies and CBK prudential guidelines on non-performing debts.
• Reduce non-performing debts by at least 40% through aggressive recoveries and viable restructurings.
• Reduce the loan migration from performing to non-performing categories to fewer than 50 Million of the total loan book per month.

Requirements

1. Bachelors degree in a business related field from a reputable and recognized university.
2. At least 5 years experience, three of which must be in a debt recoveries role in the banking industry.
3. Demonstrated knowledge in recovery processes.

Skills / Competence Requirements

Required Knowledge, Skills & Abilities

• Credit Administration/Risk Management
• Credit Products
• Credit Analysis and Appraisal
• Loans administration / account management
• Credit Workout/Restructuring
• Financial analysis / interpretation
• Facility Structuring

Generic Skills

• Strategic Focus/ Orientation
• Integrity and Discretion
• Initiative/ Proactive
• Entrepreneurship
• Analytical skills / Problem solving
• Resilience, Tenacity and Integrity
• Interpersonal skills
• Communication (oral & written)

Benefits

Competitive renumeration package

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DESCRIPTION

Job Purpose

To manage the credit documentation process by ensuring all conditions precedent to draw down are in place and ensures adherence to approved terms in conjunction with legal department.

Responsibilities

• Review of credits by ensuring that all conditions precedent to draw down are in place
• Review of credit documentation for correctness, adequacy and completeness
• Review of some legal documentation to ensure adherence to approved terms in conjunction with legal department
• Ensure proper checklists of all documents are maintained and properly moved to security unit for safe-keeping
• Review of guarantees, bond etc. and safe keeping of all security documents
• Maintain of register of all security documents, by checking the documents submitted against the approved security FAM
• Liaise with Legal to ensure perfection of all security documents in the manner approved in the FAM put in place for these credits.
• Maintain database of all security documents in the vault to enhance retrieval of information.
• Maintenance of custodian functionalities on all credit documents related to the extension of credit facilities.
• Facilitation of seamless filling and retrieval of credit information/file for internal/external auditors, account officers, regulatory authorities , rating agencies etc.
• Report for management attention , expired/deferred documentation, Outstanding documentation and deficient documentation

REQUIREMENTS

Skills / Competence Requirements

Required Knowledge, Skills & Abilities

1. Credit Administration/Risk Management
2. Credit Products
3. Credit Analysis and Appraisal
4. Loans administration / account management
5. Credit Workout/Restructuring
6. Financial analysis / interpretation
7. Facility Structuring

Generic Skills

• Strategic Focus/ Orientation
• Integrity and Discretion
• Initiative/ Proactive
• Entrepreneurship
• Analytical skills / Problem solving
• Resilience, Tenacity and Integrity
• Interpersonal skills
• Communication (oral & written)

BENEFITS

Competitive remuneration package