I&M Bank Rwanda
I&M Bank Rwanda
2 JOB POSITIONS AT I&M Bank Rwanda : LOAN ORIGINATION OFFICER : ( Deadline : 18 October 2019 )
POSITION: LOAN ORIGINATION OFFICER (2 vacancies)
Ref No. HRD|LM|014 |10.19
REPORTING LINE: SENIOR ORIGINATION & PORTFOLIO MANAGER
DEPARTMENT: BUSINESS BANKING
To manage the portfolio through assigned monitoring accounts, compliance with approval conditions or contracts’ covenants e.g. securities, banking levels; identifying and reporting early signs of delinquencies; following up with both the ARMs and Business Unit Head for ensuring issues identified & reported are addressed.
The successful candidates will be responsible for the following:
Ensure adherence to the Bank’s turnaround time standards for processing, sanctioning and recommending credit applications;
Responsible for the quality of recommended credit applications;
Closely monitor the credit portfolio of the unit, initiate proposals for new facilities or facility modifications and grow a healthy portfolio.
Ensure adherence to all the Bank Policies and Procedures the Credit Policy, Anti-Money Laundering policy and the internal code of conducts, etc.
First line in managing credit portfolio and responsible for reducing credit risk and balance sheet optimization to secure high return on asset invested by ARM;
Visit customer premises along with the ARM to ensure good understanding of business fundamentals and come up with appropriate structure.
Pro-actively and timeously identify potential problems on credit files and formulate appropriate risk mitigating strategies.
Daily, weekly, monthly monitoring and reporting on assigned loan accounts.
Provide insights on all covenants included in the loan files and offer letters with proper recommendation to ARMs and the Head of Department to reverse any negative trend when identified;
Full collaboration with the Account Relationship Managers in the portfolio monitoring, implementation of growth strategies and new sectors explorations
To qualify for this role applicants must have the following:
A Bachelor’s degree, preferably in Finance, Business, Banking or related fields
Minimum of 2 years’ experience in business development and to have worked in any similar fields in a financial institution will be an added advantage.
Proven skills for marketing or sales of products/services; customers.
Ability to understand credit financial analysis and origination of credit files
Strategic perspective and good knowledge of the Rwanda business market
Good computer skills (word, excel, database)
Good communication, presentation and negotiation skills
Interested candidates are required to submit their CV and Cover letters- clearly indicating the title of the position being applied for to [email protected]; the deadline for submission of applications is at 6:00pm on 18th October 2019.
To apply for this job email your details to firstname.lastname@example.org