Credit Policy & Portfolio Officer at First Bank

DUTIES & RESPONSIBILITIES

• Carry out periodic review on methodologies (Impairment, ICAAP, and CAR) as required. 
• Preparation of monthly Capital Adequacy Requirement report (CAR) 
• Preparation of monthly impairment calculation
• Preparation of monthly IFRS credit journals
• Preparation of quarterly ICAAP report to CBN (Internal Capital Adequacy Assessment Process)
• Preparation of credit disclosures for Year End and Periodic Audit
• Conduct Stress testing and scenario analysis for stakeholder unit/department/regulator as required
• Provide support for portfolio projects (IFRS, Basel)
• Conduct macroeconomic review, industry studies and industry ratings for the development of portfolio plan and credit strategy
• Analyse portfolio trends to determine root causes of negative trends in the Bank’s portfolio and recommend corrective measures.
• Conduct analysis of ratings in the Bank’s portfolio (Weighted Average Risk Rating)
• Implement the Enterprise Risk Management (ERM) framework to ensure compliance with Basle and IFRS requirements and co-ordinates the process for the review of the document
• Any other portfolio management tasks
• Comply with the principles and policies in the Information Security Handbook

JOB REQUIREMENTS

Education

Minimum Education: First degree in Business related and Science/Engineering courses.

Experience

Minimum experience: 2 years of relevant experience in banking or risk management.

KEY COMPETENCY REQUIREMENTS

Knowledge

• Data Gathering and Analysis.
• Industry knowledge
• Familiarity with Microsoft Office, especially Excel
• Familiarity with the bank’s software e.g. Finacle
• Research orientation

Skill/Competencies

• Interpersonal skills
• IT and Computer appreciation
• Communications skills (written and oral)
• Attention to details
• Analytical and conceptual skills
• Integrity
• Data gathering skills
• Ability to communicate technical information to a non-technical audience
• Reporting skills