I&M Bank Rwanda
I&M Bank Rwanda
PORTFOLIO MONITORING OFFICER AT I&M Bank Rwanda : ( Deadline : 18 October 2019 )
POSITION: PORTFOLIO MONITORING OFFICER (1VACANCY)
Ref No. HRD|LM|011 |10.19
REPORTING LINE: SENIOR ORIGINATION & PORTFOLIO MONITORING
DEPARTMENT: BUSINESS BANKING DEPARTMENT
To manage the MSME 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 RMs and Business Unit Head for ensuring issues identified & reported are addressed in a timely manner.
The portfolio Management should be done in line with the credit policy and any other related in force procedures e.g. Credit monitoring procedure.
The successful candidates will be responsible for the following:
Constantly monitor allocated credit portfolio and maintain 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 RM;
Visit customer premises along with the RM 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 RMs and the Head of Department to reverse any negative trend when identified;
Full collaboration with the RM/ Business Sales Managers in the portfolio monitoring, implementation of growth strategies and new sectors explorations;
Share knowledge and best practice with team members and other Bank’s colleagues;
To qualify for this role applicants must have the following:
Graduate or professional in Finance, Accounting, Business, Banking or related field
At least 3 years of business or corporate lending experience
Strategic perspective and good knowledge of Rwanda Business environment
Good computer skills (word, excel, database)
Excellent credit monitoring and analytical skills
Understanding of Rwanda legal frameworks.
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.
NOTE: Only shortlisted candidates will be contacted.
To apply for this job email your details to email@example.com