1 month ago

Job Summary

The Credit Monitoring Officer is responsible for the credit monitoring functions. The job holder monitors the portfolio, identifies accounts due for collection with a view to ensuring timely repayment. Reports to the Credit Risk Manager

  • Minimum Qualification:Degree
  • Experience Level:Mid level
  • Experience Length:5 years

Job Description/Requirements

1.     Work with Credit Collateral to ensure collateral are regular – including but not limited to insurance, collateral registration etc.

2.     Provides daily/weekly collection/payment schedules to retail and business team while ensuring prompt and timely repayments as per schedule

3.     Identify and escalate repayment irregularities for further management action

4.     Preparation of monthly portfolio report for Management decision

5.     Preparation of weekly portfolio reports for credit review meetings

6.     Compute weekly branch wide PAR report including product, individual and branch PAR analysis

7.     Evaluate product performance through collection and data analysis

8.     Maintain an effective trigger reporting system of credit impairments and propose corrective actions.

9.     Provides support to the legal, recovery, retail and business department on non-performing loans

10.   Call, visit and send periodic reminders to loan customers on scheduled repayments.

11.   Conduct post disbursement spot checks on customers to confirm loan performance and utilization.

12.   Monitoring defaulters' repayments to stop recurrent non-compliance.

13.   Follow up with account officers to reconcile payments received and real time transaction postings

Important Safety Tips

  • Do not make any payment without confirming with the Jobberman Customer Support Team.
  • If you think this advert is not genuine, please report it via the Report Job link below.
Report Job

Share Job Post

Stay Updated

Join our newsletter and get the latest job listings and career insights delivered straight to your inbox.

We care about the protection of your data. Read our privacy policy.

loading...

Stay Updated

Join our newsletter and get the latest job listings and career insights delivered straight to your inbox.

We care about the protection of your data. Read our privacy policy.

This action will pause all job alerts. Are you sure?

Cancel Proceed
Follow us On:
Follow us on FacebookFollow us on InstagramFollow us on LinkedInFollow us on TwitterFollow us on YouTube
Get it on Google Play
2022 Jobberman