Team Lead, External Reporting & Credit Bureau Management at United Bank for Africa (UBA)

Job Profile

• We are looking to hire a talented and experienced individual for External Reporting and Credit Bureau function
• The ideal candidate must have 5-10 years experience in Banking with at least 4-5 years leading a team in Credit Risk function.

Job Objective(s)

• To ensure that credit information checks are conducted on prospective borrowers on the relevant credit bureaus platform and on CBN CRMS for every approval/disbursement.
• To obtain CBN credit Reference code required prior to every credit disbursement.
• To comply with regulatory requirements on CRMS & Credit Bureau services.
• Customer’s search reports on CRMS & 2 Credit Bureau reports.
• Collate requests from Business office/units on CRMS and Credit Bureau from the Credit Bureau portal.
• Collate list of customers from the attached templates and conduct enquiry through Credit Bureau/CRMS/CBN Server.
• Revert to enquirer on the result within 24 hours.
• Obtain data for updating customers’ information on CRMS 100, CRMS 200 and CRMS 300 reports.
• On submission of returns on CRMS100, CRMS200 and CRMS300, CBN provides a unique code for each of the credit record submitted used for the update.
• Prepare and transmit CRMS 400 on or before the 14th day of each month.
• Conduct Daily Update on Bureau Databases to reflect Customers Status.
• Check for correctness of credit details, authorize and transmit to CBN’s CRMS database UBA Africa Subsidiaries Loans Report.
• Generate monthly Data Exchange Using the template advised by CBN to transmit Report to Credit bureaus.
• Obtain, analyze and report Credit Portfolio Information received from at least 2 of Credit Reference company (CRC), First Central bureaus and Credit Registry/.
• Send Advice to Credit Monitoring, Credit Recovery and Business Units for appropriate actions to strengthen the bank’s hold on customers’ businesses.
• Preparation and rendition of Environmental and Social Mgt., Anti-money Laundry and other related reports.
• Make proper analyses of raw data received from IT teams, operations team, offshore offices and Finacle support of IT department/ unit and prepare reports on monthly bases.
• Prepare monthly Anti-Money Laundry reports.
• Attend to CBN/NDIC Audit (Spot checks/Ad-hoc basis) on CRMS and Loans.
• Validate external reports with FINCON and Regulatory reporting units.
• Prepare Environmental and Social management system for Business Activities report on a half- yearly and yearly disclosure bases and render same to CBN in prescribed format.
• Assigning relevant CRMS codes to existing and new facilities.
• Prepare reports in line with Rating agencies templates.
• Assign relevant codes to existing and new facilities.
• Send CRMS 400C for updating information provided the CRMS database.
• Take further actions to close any reporting gap.
• Verify the correctness of credit details, authorize and transmit to CBN’s CRMS database.
• Preparation and Rendition of Loan Impairment and Other Regulatory reports.
• Review Schedules of Bonds and Guarantees, Letters of Credit, BACP and Risk Assets Download as input to Loan Impairment report.
• Prepare Loan Impairment worksheet in line with IFRS standards.
• Prepare monthly Loan Loss Report for CBN Prudential Classification.
• Prepare monthly Top Obligors report.
• Prepare weekly Interest rate reports.
• Prepare monthly Agriculture Credit Support Scheme.
• Prepare Agriculture Credit Guarantee Scheme report - Quarterly.
• Prepare Public Sector report.

Minimum Education Qualifications

• First Degree in any field.
• Masters’ Degree or a professional qualification will be an advantage.

Previous Work Experience Requirements.

• Minimum of 5 -10 years experience, out of which 5 years must have been spent in a credit risk management function.

Skills Required:

• Good knowledge of Microsoft program.
• Numerical/Analytical skill.
• Up to date understanding of implication of changes in macro-economic variables.
• Working knowledge of the Bank’s Apps.

Knowledge:

• Knowledge of and adherence to Bank’s Credit Policies and procedures.
• Firm grasp of CBN monetary policies and guidelines.
• Good understanding of the Nigerian Banking Industry.
• Working Knowledge of International Financial Reporting Standards (IFRS).