Exim Bank is hiring an underwriting officer! Ready to shape financial decisions and make an impact? Click now to secure your spot in this exciting role!
Exim Bank, a Tanzanian bank founded in August 1997, remains at the forefront of providing superior banking services in four countries. Within 26 years of its inception, the bank has created great brand equity via its geographical reach, innovative products, relationship management, and capacity to deliver speedier response in services, resulting in a devoted client base.
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Job Description
- Monitor the credit portfolio’s performance and quality while also ensuring compliance with bank policies and regulatory requirements.
Roles & Responsibilities:
- Ensure that the bank’s credit policies and processes, as well as regulatory requirements, are followed correctly; furthermore, make sure all procedures align with compliance standards.
- Manage and oversee the quality of the loan portfolio by adhering to established rules and procedures.
- Identifying, monitoring, and managing credit risk for a variety of on- and off-balance sheet assets.
- Identify early warning signs and take rapid corrective action to reduce any hazards involved.
- Monitor and follow up on late accounts on a daily basis to ensure that the amount of outstanding balances is lowered on time.
- Ensure that any overdues posing substantial risks to the bank are notified to management and that attempts are made to regularize them or take necessary action in a timely manner.
- Demand notifications and reminders are sent to defaulting borrowers, seeking payment of outstanding amounts in accordance with bank credit policy.
- Follow up on credit facility expirations and interact with relationship managers to ensure timely renewal of credit facilities in accordance with bank credit policy.
- Conducting visits to borrowers with delinquent facilities, accompanied by designated relationship managers, to review company performance and develop turnaround solutions.
- Set up daily, weekly, or monthly meetings with relationship managers and regional managers to review the performance of the credit portfolio.
- Follow all terms and conditions established throughout the loan sanctioning process according to the bank’s credit policy, and follow up with relationship managers on any outstanding issues.
- Regularly reviewing sanctioned and renewed credit facilities to verify that they fulfill environmental and social compliance standards.
- Working with the credit origination team throughout the credit sanctioning process to identify possible environmental and social risks and establish mitigation methods.
- Continuously assessing and modifying environmental and social compliance processes to keep up with changes in rules, standards, and best practices.
- Compiling and reporting environmental and social performance indicators to internal and external stakeholders as needed.
- Assisting the Credit Origination & Monitoring Manager in identifying market trends and developing strategies for defining the department’s future credit end-to-end procedure.
Location : Corporate Office
Experience : 0 – 3
Key Words : Credit
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