Credit Operations and Regulatory Reporting Officer

Job Description

The essence of this role is to centralize all operational and regulatory responsibilities relating to the Credit function, with a view to enhancing the levels of service, compliance, timeliness, and quality of credit regulatory reporting.

Key Responsibilities

The successful candidate will be responsible for:

Regulatory Reporting for Credit:

All regulatory Credit returns mandated by the Central Bank of Nigeria (“CBN”), including but not limited to:

Monthly capital adequacy and credit portfolio position reports.

Monthly Credit Risk Management System (“CRMS”) submissions.

Management and implementation of on-going information updates on the CRMS.

All regulatory Credit returns mandated by the CBN in respect of credit bureaus, including but not limited to:

Monthly credit portfolio position reports to all credit bureaus subscribed to by RMBN.

On-going information updates on clients’ credit positions as may be required.

All Credit regulatory returns mandated by the FirstRand Group (the “Group”) in respect of South African Reserve

Bank (“SARB”) reporting requirements, including periodic credit portfolio position reports (including but not limited

to BA returns).

All regulatory Credit returns mandated by the FirstRand Group in respect of On-going Risk Management (“ORM”)

practices.

Accurately prepare and respond to credit portfolio position requests from other departments in the bank, including

Compliance, Risk, Finance, Operations and Internal Audit.

All other ad-hoc Credit information requests from shareholders/other stakeholders and regulators;

Internal Credit Portfolio Reporting and Monitoring:

Provide support to the Credit team (and in some instances generate) in terms of all credit portfolio reporting to

the Board and Executive Committee.

Liaise with internal stakeholders to ensure that credit file contents are up to date as per CBN guidelines

Credit Control and Loan Disbursement:

Participate in Deal Conclusion Forums and New Product Approval process

Review Credit Facility agreements to ensure that all conditions precedent to drawdown are in place prior to

disbursement

Collateral Management

Thorough monitoring of conditions and covenant breaches

Overall monitoring and control of credit documentation and processes; credit post-analyses

Effective teamwork, self-management and alignment with group values

Imbibe the RMB promises & continually drive RMB’s values

Continuously assess own performance, seek timely and clear feedback as well as request training where

appropriate

Identify effective activities to address own development gaps

Create own development plan and review plan with manager

Maintain a positive attitude and respond openly to feedback

Understand which competencies and skills are required to be mastered to ensure personal development and

performance

Keep abreast of learning opportunities, changing products and trends

Qualifications and Experience

An undergraduate Degree in a relevant discipline

Minimum of seven years relevant working experience within a Nigerian bank or financial institution.

Prior experience in credit (preferably regulatory reporting / Credit Admin and operations) will be an added advantage.

Good understanding of the Nigerian Banking Industry and its regulatory requirements

Technical Skills:

General knowledge and understanding of business, industry and the macroeconomic environment

Good understanding of financial instruments and banking products, as well as their linkages in determining

correct client positions

High level of numeracy

Strong ability to read and analyze data

Strong verbal and written communication

Sound presentation skills

Key Competencies:

Result oriented and driven - A self-starter who produces a consistently high quality of output within agreed

deadlines. Prompt and proactive in driving for results and has problem-solving aptitude.

Creative / Innovative - Must possess the ability to identify and initiate more efficient ways of doing things.

Detail - Must possess a strong level of attention to detail, accuracy, and be well organized, which are considered

essential for regulatory reporting. Must also possess the ability to process and work with large volumes of data.

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Good communication skills - Must possess the ability to communicate and debate views effectively,

constructively and convincingly using verbal and non-verbal means.

Relationship building capability - Must possess the ability to put people at ease and build sound relationships

based on mutual trust and openness.

Human Relations Profile:

Ability to strike and maintain good client relationships.

Strong character & integrity paramount

High degree of self-confidence; pleasant personality; well presented

Well organized / good time management skills / disciplined/ detail orientated

Self-starter able to work with minimal supervision

Team oriented

Flexible when necessary and ability to work effectively under pressure.

Minimum qualifications

BA/BSc/HND

How to apply

Interested and qualified? Go to Rand Merchant Bank on firstrand.wd3.myworkdayjobs.com to apply

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