Credit Officers at Kintampo Rural Bank

Job Purpose

The Credit Officer will be responsible for preparing loan applications, evaluating clients' financial information, and calculating risk ratios. To be successful in this role, you should have a good understanding of lending procedures and strong customer service experience.

Key Responsibilities

• Review loan requests and assess clients' financial status to evaluate creditworthiness and risks
• Contact clients to gather financial data and required documentation
• Analyse risks and approve or reject loan requests
• Calculate financial ratios (e.g., credit sources and interest rates)
• Maintain updated records of loan applications and set up payment plans for customers
• Follow up with clients for loan renewals
• Monitor progress of existing loans and prepare monthly reports for management
• Prepare and deliver presentations and reports regarding key credit matters
• Prepare monthly credit reports, submit all loan reports to Credit Reference Bureaus, and register all securities with the collateral registry
• Carry out regular credit facility reviews to ensure compliance with credit department terms and conditions
• Monitor all loans and report early warning signs to the Credit Manager

Required Qualifications & Experience

• Bachelor's Degree from a recognised university in Accounting, Economics, Finance, or Agriculture, or an acceptable professional qualification such as ACCA, CA, ACIB, or CIMA
• Proven work experience as a Credit Officer
• Hands-on experience with lending procedures and products
• Ability to create and process financial spreadsheets
• Strong analytical skills

Job Details

• Company: Kintampo Rural Bank
• Location: Accra, Ghana
• Employment Type: Full-Time