|Date Posted||October 17, 2020|
REPORTING TO: Senior Manager- Credit Approval
JOB PURPOSE: Reporting to the Senior Manager- Credit Approval, the role holder will evaluate and approve corporate applications within delegated approval authority, as well as recommend for approval to a higher sanctioning authority for deals that are outside their discretion.
To ensure profitable and well-structured proposals for large corporates are booked to achieve the targeted business growth but minimize credit losses by lending within bank risk appetite and regulatory guidelines.
Review and sanction all proposals (new & existing) within personal discretion in adherence with dfcu’ s internal credit policies, Risk Management Control Document and other required regulations including BOU, FIA, and funders.
Assessment and recommendation of files outside their discretion to the higher sanctioning authority including the Senior Manager Credit Approval, Head Credit Approval and Special Assets Management, Internal Credit Committee, and the Board Risk Credit Committee in a bid to achieve bank’s disbursement targets of quality deals.
Bachelor’s degree with bias in any of the following areas: Finance, Banking, Economics, Business Administration and a Master’s degree or similar qualification in these fields.
Additional training/professional qualification in Business, Investment and project appraisal, Risk management, financial analysis, and Credit certification.
Minimum of 5 years’ experience in a business or banking/financial services environment with at least 3 in Credit risk management /sanctioning.
Analytical and problem-solving skills.
Good communication skills (both oral and written) to allow for effective teamwork and interaction with all levels of staff.
Computer knowledge (Microsoft desktop products).