Ecobank Nigeria Recruitment for Officer, Loan Monitoring ENG RMD 998 2023/2024 – Ecobank Nigeria job company is recruiting for a suitable candidate should fill the position of Officer, Loan Monitoring ENG RMD 998. Qualified candidate should kindly apply the job below.
Ecobank Transnational Incorporated (ETI), a public limited liability company, was established as a bank holding company in 1985 under a private sector initiative spearheaded by the Federation of West African Chambers of Commerce and Industry with the support of the Economic Community of West African States (ECOWAS).
We are recruiting to fill the position below:
Job Title: Officer, Loan Monitoring ENG RMD 998
Job Identification: 297
Location: Victoria Island, Lagos
Job Schedule: Full time
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
Educational Qualification:
- A Good University Degree with a minimum of 2:2 and/or and additional qualification i.e. MBA, MSc, ICAN etc.
Work Experience:
- Must have 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
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Application Closing Date
18th June, 2023; 22:00