Credit and Structured Products Manager at Phillips Consulting

Job Scope:

To contribute meaningfully to the overall management of the Company’s Business, including professional management of Credit and Structured Products through deployment of outstanding relationship management skills and creation of quality Loan Book, thereby, contributing to the profitability pool of the Business.

REQUIREMENTS

• Minimum of BSc in any relevant field
• 7-10Years experience as Head, Credit & Structured Product in a finance industry is a MUST (Commercial Bank, Finance Companies, Microfinance Bank)
• The age limit is 40years old.
• Candidate must be proficient in Credit Reporting, Analytics, Strategic thinking, Banking Operations, Loan Administration, Risk Management

RESPONSIBILITIES

• Design yearly and revised quarterly Strategic Plan and Policies for Credit & Structured Products Department, aimed at contributing to the achievement of overall Corporate goals.
• Create quality risk assets and manage loan portfolios with a focus on profitability.
• Develop new credit products and review existing ones.
• Maintain a low portfolio at risk (PAR) of not more than 5% of all risk assets outside the recovery portfolio.
• Evaluate and review client’s credit proposal and Credit Appraisal Memorandum (CAM) for Management Credit Committee and Board consideration and approval.
• Proactively identify risk and manage the risk of the entire portfolio.
• Book loans in line with approved terms and conditions
• Remedial management/Loan recovery.
• Review and update company’s Credit Policies.
• Ensures renditions of relevant statutory regulations
• Prepares monthly portfolio at risk (PAR).
• Organizes in-house training for staff from time to time.
• Participate actively in the Management Credit Committee, Asset and Liability committee, Debt recovery committee and Management Executive committee meetings respectively.
• Coordination of the Department’s strategy implementation with a view to realizing set targets from time-to-time.
• Providing overall leadership for Credit & Structured Product Department with a view to engender buy-in of subordinate staff into the culture of the Company and fostering teamwork necessary for actualization of business objective.
•  Prepare and ensure continuous update of Credit Polity of the Company with a view to ensuring effective Risk Asset Management.