Team Lead, Loan Disbursement at Premium Human Resource Solution Limited

Job Description

• Premium HR Solutions is currently recruiting Team Lead, Loan Disbursement Unit for a client in the banking sector.

Job objective(s)

• Ensure timely and accurate Disbursement of loans.
• Ensure restructured facilities, Extension requests and other loan related requests are treated in line with approval.

Duties & Responsibilities

• Review all required documents for Loan disbursement and fulfilment of dynamics as stated on Offer Letter and Approvals.
• To ensure timeliness in disbursement of approved credits such as (Import Finance Facilities, Contract Finance Facilities, Overdrafts, Local Purchase Order (LPO), Edu Loans, Agricultural Credit Schemes, CBN On-Lending Facilities, Syndicated Loans, Invoice Discounting Facilities, and Lease Facilities etc. in line with the bank’s strategic requirements and credit policies. Also ensuring that appropriate charges are applied, and approved rates are maintained.
• Call over of previous day’s transactions.
• Review and verify transactions posted by team members.
• To ensure accurate classification of loan accounts and their corresponding operative accounts.
• Placement of lien on cash collateral /proceeds.
• Liquidation/part-liquidation of loans.

Requirements

• Minimum educational level – Bachelor’s Degree / HND in Banking and Finance, Accounting, Economics or related disciplines/ any numerate disciplines with extended relevant work experience in loan disbursement preferable on Finacle.
• ACA, ACCA, RIMAN, CIBN and other relevant professional certification will be an added advantage.
• Minimum of 5 years on the role and 7years in the credit risk management in the Banking sector
• Minimum requisite experience -7 years’ experience in a Financial Institution
• Basic Banking Operations
• Good knowledge of Microsoft Office.
• Use financial and accounting software.
• Standard accounting procedures
• In-depth knowledge of credit processes from credit initiation to disbursement