Lien Management Officer
First Bank
lagos, NG
4d ago
source : Mrjobsnaija

First Bank's job vacancy, Career and Recruitment

Job title : Lien Management Officer jobs in Lagos Job Location : Lagos Deadline : June 27, 2022

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  • Job Description

  • Review lien removal requests from Business Units and recommend to Team Lead for concurrence / approval.
  • Review shipping documents release request from Business Units and recommend to Team Lead for approval.
  • Ensure effective performance of credit monitoring functions on Small - medium size loan portfolio with low - mid complexity
  • Conduct and document a quarterly performance review on accounts in assigned portfolio and to highlight management action including classification that may be required on the accounts
  • Review and supervise the activities of the small-medium size loan portfolio
  • Post disbursement review to confirm compliance with approved conditions subsequent to drawdown on facilities and follow up on exceptions on an on-going basis
  • Escalation of observed exceptions on post disbursement review to Business Unit.
  • Execute credit monitoring functions and reporting on the following portfolio categories and make recommendations to Team Lead to correct exceptions :
  • Expired & expiring facilities;
  • Accounts in excess of approved limits;
  • Accounts with unauthorized balances and
  • Finnone accounts with overdue loan repayment and interest charges
  • Non-performing Overdrafts
  • Watchlist facilities
  • Impaired Facilities
  • Identify other exceptions and ensure that RMs / GHs regularize these exceptions identified within stipulated timelines.
  • Generate data and present accounts for classification / declassification to Team Lead for further review and analysis
  • Support in first level remedial activity on Small to Medium accounts designated by management and not yet transferred to RBU
  • Review reports for Criticized Assets Committee meetings for the following category to address portfolio exceptions, follow up on CAC resolutions and make appropriate recommendations for management's informed decisions :
  • Group Head Level Criticized Assets Committee Meeting
  • Line Executive Criticized Assets Committee Meeting
  • CRO / MD Level Criticized Assets Committee Meeting
  • Work with Information Technology on continuous process improvement.
  • Liaise with relevant stakeholders and other departments (BPM, Legal Services, Internal Audit / Operations / Control etc.
  • for effective credit monitoring as required by job function

  • Assist to provide update on request from regulators and examiners during periodic review and ongoing basis.
  • Monthly review and follow up on Bonds & Guarantee issued on behalf of customers and Inward BG securing the banks facilities.
  • Review of Warehousing Stock report vis a vis customers exposure to the bank.
  • Resolution of issues on black book managed by Credit Risk Management
  • Preparation of Credit Print out (LADRAM) in format required by CBN / NDIC Auditors incorporating IFRS 9 requirements in terms DPD, LGD, etc.
  • Work at resolving exceptions on account management issues emanating from audit and examinations with relevant stakeholders
  • Implement the Bank's Account Management Responsibility Policy.
  • Minimum Education :

  • Very good First Degree in any discipline and any additional qualification
  • Experience :

  • Minimum experience : 2 years of relevant banking experience with at least 2years in Risk Management, Credit Analysis or Relationship Management function.
  • Key Competency Requirements :

    Knowledge :

  • Knowledge of banking practices and policies, products and processes Statistics
  • Banking structure and procedures.
  • Core Banking Processes and applications such as Finacle
  • Industry knowledge
  • An in-depth knowledge of Credit Management processes
  • Familiarity with Microsoft Office, especially Excel.
  • Skills / Competencies :

  • Interpersonal skills
  • IT and Computer appreciation
  • Communications skills (written and oral)
  • Attention to details
  • Analytical and conceptual skills
  • Integrity
  • Ability to communicate technical information to a non-technical audience
  • Reporting skills
  • Must be solution driven, proactive and have acceptable knowledge of the business environment
  • Performance Measurement & Assessment skills.
  • ICT Jobs in Nigeria jobs in Nigeria *ICT Jobs in Nigeria jobs in Lagos *Lien Management Officer in Lagos
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