Credit & Risk Management jobs,Finance jobs,Debt Recovery jobs,
Investment Analyst
Responsibilities
- Financial analysis
- Review and analyse financial statements
- Build, review, run, modify, and interpret financial models, including use of VBA macros
- Perform comprehensive company valuations
- Review and analyse potential financing structures
- Investment process and transaction execution:
- Perform risk analysis
- Manage due diligence processes and coordinate transaction advisors
- Support senior team members in the negotiation of transaction and project documents
- Compile bid documents in tender submissions
- Investment papers and marketing materials:
- Prepare investment papers
- Company and market research
- Asset management:
- Track asset performance against original projections
- Support portfolio companies in value-enhancing initiatives
- Engage with portfolio company management
- Support senior team in deal identification and origination
- Travel for project sand site visits as well as short- to medium-term assignments in AIIM offices across the continent
Experience and Core competencies
- An Honours Financial degree or equivalent
- 0 – 3 years’ experience within an Investment Bank (M&A, corporate finance or project finance), Private Equity or “Big Four” accounting firm
- Strong financial modelling skills
- Financial acumen – the capacity to demonstrate knowledge of and insight into financial principles and processes and identify inconsistencies in data
- Ability to apply sound business judgment and an analytical, pragmatic and creative approach to problem solving
- Attention to detail and strong focus of quality of results
- Experience in energy, digital or mobility and logistics infrastructure beneficial but not a requirement
- Desktop research capability
- Technically proficient in Excel, Word, PowerPoint.
- Project/process management
- Ability to plan and prioritise effectively
- Commercial orientation
- Excellent verbal and written communication skills in English
Personality Attributes
- Excellence orientation (concern for high-quality work) – Follow-through; the motivation to ensure the highest standards of quality and productivity are consistently maintained
- Flexible & dynamic – self-motivated, results driven, ability to deal with change
- Excellent intellectual & conceptual abilities
- Resilient
- Invests high levels of energy in work
- Team player
- Passionate about Africa
Debt Recovery Officer
Job DescriptionWorking closely with the Debt Recovery Manager, the Job holder will ensure focused attention and closely monitor the performance of an assigned portfolio of the written off book within all business segments of the Bank to achieve communicated targets through daily customer engagements.
- Ensure compliance with the Bank’s policies and regulatory requirements pertaining collection and debt recovery.
- Execute the institution’s strategy in reducing the NPA portfolio as per laid out guidelines in the institution’s credit policy.
- Management, collection, and recovery of outstanding amounts under assigned portfolio with a view of reducing the non-performing portfolio as per communicated targets.
- Restructuring and curing of accounts within the assigned portfolio to ensure maximum recovery of banks assets hence minimizing on loan loss provisions.
- Negotiating with clients and coming up with suitable exit or rehabilitation strategies for non-performing accounts within assigned portfolio.
- Ensuring that non-performing loans are properly priced to minimize income leakages.
- Highlight and analyze credit failures to identify ways of improving Credit Approval process.
- Effective use of allocated resources to minimize costs.
- Recovery of all loans that get to NPL and ensure that due process is followed in the realization of collateral.
- Monitor loan repayments globally and initiate/recommend course of action.
- Instruct and follow up with External Service providers on NPA matters i.e., debt collectors, auctioneers, tracking companies, valuers etc.
- Conduct client visits (on a need basis) and telephone calls to follow up on payments from NPA debtors.
- Ensure the written-off portfolio is tracked and recovered as per the bank’s objectives.
- Report on NPAs (Write offs, Collections, Security Cover etc.) on a regular pre-determined basis and provide information for stakeholder reporting
- Ensure the recovery process is fully implemented as documented and take corrective actions for any exceptions.
- Ensure a record is maintained with track of all the recovery progress for all loans in NPL and there is ease of access to recovery documentation.
- Ensure 100% utilization of the collections system as well as other systems that may be implemented to aid recoveries in the bank
- Ensure 100% closure of all recovery related complaints in the CRM as per SLA.
- Ensure weekly NPL update reports are prepared for all the branches and follow with them to ensure full repayment.
- Ensure demand letters are prepared in a timely manner and the same are well documented as required by law.
- Ensure reports are prepared and recommendations made on bad debts to be written-off to the management for approval.
- Ensure an up-to-date register on loan related insurance claims is maintained and ensure prompt reimbursement from underwriters. Follow up all cases under litigation to ensure that they are concluded as well as prepare regular updates on each case.
- Ensure all costs associated with recoveries are minimized including negotiation with service providers on recovery costs.
- Tasked with prompt settlement of service providers fees after thorough review and approval.
- Report and monitor all risks associated with debt recovery.
- Generate compliance reports for use in decision making and performance appraisals.
- Monitor, on a continuous basis, all transactions to ensure that unusual and suspicious transactions are reported to the Money Laundering Reporting Officer (MLRO)
- Implementing and enforcing the board approved AML, KYC & CFT policy in as far as is applicable within debt recovery.
- Do any other duties that may be assigned by the Management.
Education
Business Degree
Experience,Knowledge and Skills
- 3 years’ experience in credit and debt recovery.
- Knowledge in credit management and banking is an obvious advantage.
- Knowledge on Law relating to banking
Personal Attributes
- Capacity and willingness to work for long hours and within strict deadlines.
- Excellent interpersonal skills
- High degree of confidentiality
- Analytical mind
- Knowledgeable on the Financial services sector
- Assertive
- Honest
- Highly organized
- Creative and Innovative
- Proactive and fast decision maker
Desirable
- Proficiency in computer applications, Credit & Risk Management course
- Practical experience in Lending and recovery
- Speed and accuracy
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Collection Officer
KEY RESPONSIBILITIES.
- Ensure compliance with the Bank’s policies and regulatory requirements pertaining collection and debt recovery.
- Ensure all loan repayments for all disbursed loans are paid on or before the due dates.
- Ensure review of daily excess reports to detect operationally delinquent accounts (identification and follow-up with Branch Managers on overdrawn accounts without limits) and follow up for prompt regularization.
- Record and maintain a track of all loan follow up progress for all loans in arrears.
- Manage the entire portfolio (Retail, SME and Community) to ensure subsequent losses are minimized through the effective implementation of collections activities as laid out in the collection’s strategies.
- Specifically, meet the service metrics detailed in the annual job objectives. Prepare daily/weekly arrears reports for all the branches and follow up with them to ensure full repayment.
- Ensure all loans are managed within the agreed buckets and all cases are contained from getting to non-performing category.
- Work closely with the Branch managers in the management of arrears
- Prepare demand letters and ensure that they are forwarded to the defaulting customers.
- Work closely with the Debt Recovery Unit (DRU) to ensure that all files transition from one bucket to the other with proper documentation to facilitate recovery.
- Prepare reports and make recommendations on any early warning signs on accounts to management.
- Prepare and maintain an updated register on loan related insurance claims and ensure prompt reimbursement.
- Monitor debt collection response cycles and contacts as well as credit control performance.
- Report and monitor all risks associated with collections. Consult with the legal department before entering into counter agreements with defaulting customers.
- Reduction in the Non-Performing Loan (NPL) book thus lower loan loss provisions.
- Ensure that all loans are booked with employers and that there are prompt loan repayments from employers for retail loans. Generate compliance reports for use in decision making and Performance appraisals.
- Monitor, on a continuous basis, all transactions to ensure that unusual and suspicious transactions are reported to the Money Laundering Reporting Officer (MLRO)
- Implementing and enforcing the board approved AML, KYC & CFT policy in as far as is applicable within retail credit.
- Do any other duties that may be assigned by the Management.
Education
Business Degree
Proficiency in computer applications, Credit & Risk Management course
Experience,Knowledge and Skills
- 2 years’ experience in credit and debt recovery.
- Knowledge in credit management and banking is an obvious advantage.
- Knowledge on Law relating to banking
- Practical experience in Lending and recovery
- Speed and accuracy
Personal Attributes
- Capacity and willingness to work for long hours and within strict deadlines.
- Excellent interpersonal skills
- High degree of confidentiality
- Analytical mind
- Knowledgeable on the Financial services sector
- Assertive
- Honest
- Highly organised
- Creative and Innovative
- Proactive and fast decision maker