Essential Information:

To emphasize and protect high credit quality while encouraging and increasing the Bank’s market share without compromising risk assets quality.

Reporting Relationships:

Functionally reports to the Chief Credit Officer

Job Duties:

• Preparing the bank’s allowance for credit losses in respect to financial assets, ensuring the bank is in compliance with IFRS9 and banking and financial services regulations for estimating allowances for credit losses.
• Drive the achievement of minimal loan loss provision (Max NPL to total loan portfolio of 3%).
• Implement the framework for event-based  credit monitoring i.e. Rapid portfolio review
• Review all accounts recommended for classification and authorize eventual classification and provisioning as appropriate.
• Implementation of policy driven Credit related Sanctions.
• Reviews of exception reports prepared by the units and provide guidelines at evolving a regularization framework.
• Guiding Business offices on promptly addressing early warning signals.
• Preparation of weekly and monthly activity and portfolio reports to the unit head and various stakeholders
• Review portfolio for concentration risks, global limits e.t.c. and advise appropriate actions
• To ensure that all credit approvals conform to internal credit policy and regulatory guidelines
• Ensure that all approved facilities are in line with approved parameters
• All other activities as delegated by the Head Credit.

Key Performance Indicators:

• Responsiveness to internal customer requests
• Efficiency in the classification of accounts in line with prudential guidelines
• Efficiency at income recognition and repayment monitoring
• Timeliness in the preparation of exception reports/reviews on all credits including product programs
• Proactive-ness in the detection of account deterioration and communication of same to business units
• Quality of risk assets portfolio (Non-Performing Loans (NPL) to total loan ratio)
• Timeliness in the detection and escalation of unauthorized credits
  Performance Metrics under Execution Mastery; Timeliness in completion of assigned tasks
• Effectiveness at execution of assigned tasks; Efficiency at executing scheduled and adhoc assignments

Skills:

• Strong excel skills and Data analytical skills
• Strategy formulation & Business Awareness,
• Creativity & Innovation,
• Resource Management,
• Delegation & Empowerment,
• Ability to Inspire & Manage Change,
• Analytical Thinking,
• Decision Making,
• Problem Solving,
• Diversity Management
• Interrogatory skills;
• Communication skills;
• Fraud Detection & Control;
• Internal Audit practice; Auditing Skills
• Accounts Management;
• Analytical and Investigation Skills;
• Accounting Skills;
• Comprehensive Treasury skills

Job Requirements & Knowledge:

• Core Business Processes
• Industry Knowledge
• Banking Operations
• Business Risk Management
• Credit Analysis
• Bank of Zambia Directives

Application requirements:

1. A good first degree in a relevant discipline (MBA, MSC, MA, ML and/or Professional Qualifications is an added advantage)
2. 3 years banking experience in a related capacity