Officer, Loan Monitoring at Ecobank Nigeria

Job Description

Special Roles and Responsibilities

• Review CA and offer letter to ensure that the loan is used for its purpose and operates in line with approved dynamics
• Prepare exception report on any loan with suspected diversion for other purposes.
• Weekly preparation of Portfolio report bank wide.
• Review of all Inventory facilities to ascertain conformity with approved covenants before rollover is considered.
• Review the PDO:TRA trend analysis of the areas and each business segment  to identify account responsible for negative trend and follow up
• Follow-up with RMs on regularization of all matured obligations, accounts in excess of approved limit, renewal/extension of expired facilities
• Coordinate Criticized Asset Review Committee Meeting (CARC)
• Follow up with the Relationship Managers on Criticized Asset Review Committee Meeting (CARC) decisions 
• Preparation of Alert accounts report and follow-up on decisions reached by the committee
• Making joint call to customers as determine on case basis with special emphasis for where a Tenor extension, Roll over or Restructuring is proposed with Relationship Managers and/or Remedial Staff.
• Conduct Portfolio Review and identify accounts for classification and remedial management
• Review of various Loan Monitoring reports and follow up with business units.
• Preparation of sanction list in line with the bank approved sanction grid for circulation via Human Resources Department 
• Rendition of report on Loan Monitoring activities
• Perform and Coordinate Collateral Management activities 
• Review and approval of APG funds in line with approval terms.
• Coordinate the appointment Independent Project Manager and follow up review.

Job Requirements 

Education    

• A Good University degree with a minimum of 2:2 and/or and additional qualification i.e. MBA, MSc, ICAN etc.

Work Experience 

• Minimum of 2-8 Years relevant Banking Experience e.g. Minimum of 2 years working experience in retail/private banking
• Minimum of 8 years working experience in Branch Banking Operations, Treasury, Marketing, Recovery, Credit Control & Loan Monitoring.

Skills     

Interpersonal skill

• Leadership / Supervisory
• Analytical/problem solving skill
• Computer appreciation (word- processing/Spreadsheet/PowerPoint)
• Excellent customer service orientation
• Database Management

Knowledge    

• Strong knowledge of banking operations, products & customer segmentation
• Good understanding of Business Restructuring initiatives
• Good credit knowledge.

Personalities and attributes    

• Paying attention to details
• Positive “can do” attitude
• Goal driven and result oriented