Thursday, March 13, 2014

Credit Monitoring Officer - E Gulf Bank

To review, monitor and report that processed and utilized credit facilities are in line with the approved terms and conditions of the various credit committees (MSC/ECC/BCC), that all collateral, special clauses, covenants and legal documentation are fulfilled, and to state over unauthorized / long outstanding / past dues and excesses and other breaches in approval conditions.

Education / Qualifications: BA Degree in Business Administration or Banking
Knowledge: of credit and documentation requirements, Basel II requirements, CBK rules & regulation and Anti – Money laundering guidelines
Experience:  Minimum 2 years of experience in credit related experience preferably encompassing credit administration, credit control, lending, credit operations, audit, trade finance and treasury operations.

Accountabilities:
A) Prepare effective CM Review Sheets/ Checklists on Daily basis for approved and processed accounts.
b)  Ascertain that approved facilities are processed in line with all the terms and conditions set up by the credit committee (all levels).
c) Ensure conformity, completion and fulfillment of collateral, legal and supportive documents and that processed facilities are utilized according to the approved purpose.
d) Escalate/ track/ report exceptions on past dues/ excesses/ over dues and any other breaches/ discrepancies, in order to minimize or eliminate potential risk defaults in approved facilities/ direct reporting to Business groups.

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