Job Description
The main responsibility of the job holder will be to perform loan sanction and disbursement for approved loans under supervision and in accordance with the established policies and procedures.
JOB DESCRIPTION
• Ensure collateral perfection before loan disbursement/drawdown in compliance with the banks policies, procedures and guidelines.
• Preparation and tracking of collateral insurance renewal, valuations and motor vehicle tracking devices.
• Loan sanction and disbursement of facility that have met pre-disbursement terms and conditions.
• Loan booking in the core banking system.
• Loan processing and credit administration transactions in the core banking system as advised.
• Security Discharge upon successful loan clearance.
• Daily and Monthly CRB reports updates.
• Preparations of letters of offer, notification, instruction and undertaking letters.
• Issuance of Pre- listing and Post listing notices for clients in default.
• Generation, preparation and submission of credit reports such as: Disbursement reports, collateral reports.
• Any other official duty that may be assigned from time to time.
KNOWLEDGE, SKILLS AND EXPERIENCE REQUIRED FOR THIS ROLE
• Bachelor’s degree in business a related field.
• 1-2 years Working experience.
• Analytical skills.
• Organizing and planning skills.
• Interpersonal skills.
• Confidentiality.
• Integrity.
• Attention to details.