Credit Securities & Documentation at Credit Bank

Position Overview

The jobholder is responsible for supporting the maintenance of a quality lending portfolio in respect to loan and advances contracting, loan disbursements, risk monitoring and control of the risk asset book. This role involves handling disbursement of credit facilities and maintenance of overdraft limits in the core-banking system while ensuring absolute data integrity. The data captured forms a strong basis for portfolio and financial performance analyses. The jobholder also handles loan repayment requests, rescheduling, and other credit-related processes and queries.

Key Responsibilities

Documentation

• Review loan documents and liaise with internal and external parties to ensure proper and efficient delivery of credit administration duties
• Ensure that all conditions precedent for credit facilities are in place and obtain necessary deferrals/waivers from the Management Credit Committee prior to signing off for disbursement of all credit facilities
• Ensure post-disbursement compliance with approved terms and conditions, assignment of rights, review expiry of credits, and progress payment insurance
• Prepare Letters of Offers and other letters prior to issuance to clients, Business Managers, and Relationship Managers
• Follow up with Business Units and branches to ensure that all requirements advised in offer letters and credit application approvals are satisfied
• Monitor all irregularities, past dues, documentation deficiencies, and report findings to Executive Management and the Management Credit Committee
• Support the proper segregation of all credit files into their various compartments and filing in alphanumeric order

Securities

• Support the maintenance of the Master folder for all securities held by the Bank
• Facilitate updates to the securities register and security release register
• Ensure a robust process for safe custody of securities and implement dual control measures for access
• Follow up on logbooks forwarded to relevant authorities for joint registration