Gulf African Bank is one of the few
fully Sharia 'h compliant banks
operating in this region . Our
products address the needs of not
just Muslims , but everyone in the
market. Some of our innovative
products have won awards , and our
customer service has been labeled
exceptional.
We are more than just a financial
service provider – we are a real
partner in business .
We are currently inviting applications
for the following vacant positions :
Remedial Manager
Key Responsibility:
Reporting to the Head of Credit, the
Remedial Manager will ensure
adequate management and controls
over all overdrawn accounts and
non-performing loans ( NPLs) ,
realising collateral in a timely manner
and implementing prompt legal
action in order to maximise recovery
of the debt and ensure that all
unrecoverable debt is written off
once the recovery process has been
exhausted.
This includes facility restructuring
where possible .
MAIN TASKS :
*To ensure that the
correct level of
provision is raised in
line with regulatory
requirements and the
bank' s internal
procedures and that
all set targets for the
reduction / recovery
of debt are met.
*To ensure all Bank
and statutory returns
related to NPLs are
accurately and timely
produced.
*To ensure that all the
necessary systems
and controls are in
place to properly
manage the NPL book
and maximise the
recovery of debt.
*To control and
monitor the
outsourced recovery
process.
*To recommend the
correct level of
provision in line with
regulatory
requirements and the
bank' s internal
procedures.
* Resolve
all customer queries
that arise on
accounts that have
been placed under
the remedial actions .
*To recommend write
off of unrecoverable
debt once all the
recovery avenues and
processes have been
exhausted.
*To ensure compliance
with Central Bank
regulations.
*To ensure that all
monthly and
quarterly CRB, credit
risk and non-
performing loan
returns /reports are
properly prepared,
signed off and
submitted within set
deadlines.
*To peruse Internal
Audit reports and
ensure that any
shortcomings
highlighted with
regard to NPLs have
been sufficiently
addressed.
*To prepare Credit
proposals for
restructured facilities
and/or repayment
proposals.
Qualifications, skills and
experience required :
*A Degree preferably
in Finance or
Business from a
recognized university
*Experience in
remedial
management is
compulsory
*Possess credit
analysis skills
*Legal knowledge in
recovery will be an
added advantage
*Previous corporate
banking relationship
management is also
an added advantage
*Good interpersonal
and negotiation skills
are necessary due to
nature of the job
*Have worked in a
busy credit control /
recoveries
department for at
least 3 years
Credit Manager
KEY RESPONSIBILITY :
*Reporting to Head of Credit, the
successful candidate will be
responsible for credit risk evaluation
of proposals from the various
market segments and sectors .
*He/ she will be in- charge of a team
of Credit Analysts to ensure
thorough analysis and evaluation of
proposals emanating from business .
*One will also be expected to sit for
the Head of department in his / her
absence and work closely with
Management Credit Committee .
MAIN TASKS :
*To carry out
comprehensive credit
risk analysis and
appraisals of loan
proposals
*To ensure compliance
with CBK
requirements relating
to bank lending
*To ensure
achievement of
acceptable recovery
rate for all disbursed
facilities
*To prepare and
submit CBK returns
within set timelines
*To respond to
customer queries
promptly
*To supervise a team
of credit analysts
within the credit
function
*To deputize the Head
of Credit
*To work closely with
the Management
Credit Committee
(MCC) in approving of
facilities
recommended by
business
Qualifications, skills and
experience required :
*A Degree preferably
in Finance or
Business from a
recognized university
*Full qualification in
accounting / finance
*At least 3 years
working experience at
similar level gained in
a busy Credit role in a
Bank
*Supervisory
experience a
compulsory
*Must have knowledge
in core computer
system usage in credit
*MBA holders are
preferred
Applications for these positions
should be sent with detailed CVs
and names of three referees to
reach us on or before Friday 12th
August 2011 through our
recruitment e -mail
recruitment@gulfafricanbank.com
Only short- listed candidates will be
notified within two weeks of the
closing date.
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