Standard Chartered Bank Nigeria, Recruits Credit Underwriter - Lagos

Standard Chartered Bank Nigeria is recruiting for the position of:

Job Title: Credit Underwriter
Job ID: 403229
Job Function: Risk
Location: Nigeria - SCB

Job Description

• Appraising PIL, CC & Mortgages loan applications & securing approvals.
• Monitoring the Portfolio to ensure a healthy portfolio is maintained thereby contributing to overall Consumer Bank goals and objectives.

Key Roles & Responsibilities

• Processing Personal Loan Limit Applications/ approving those within delegated lending authority and securing approvals for those above my delegated lending authority.
• Ensuring Personal Loan approvals are within PDD parameters and level 2 and 3 approvals minimized.
• Appraising Personal Loan Limit Applications and subjecting them to credit analysis identifying potential risks and advising Loan Center Managers of corrective action to be taken to minimize credit losses.
• Ensuring Personal Loan facilities have been approved at correct levels and are in conformity with Credit Policy
• Constant liaison with Loan Center staff to ensure irregularities are rectified and correct procedures are being followed in terms of Group requirements
• Assist in preparing accurate MIS reports on a daily, monthly and quarterly basis
• Progressively improving MIS & Reporting.
• Validation of monthly credit bureau reports and other requisite bureau MIS
• Ensuring the money laundering prevention measures under the Group Policy and Standards are in place and being implemented.
• Monitor local national and international economic, legal and regulatory developments which impact on risk and lending policies. Interpret to the best judgment. the influence of these indicators on the quality of the Personal Loans asset portfolio
• Exercise prudent risk aware judgement in use and application of own lending limits
• Directly monitor account limits and excesses and ensure there is minimal risks
• Continuously review credit processes and procedures and ensure that work flow is consistent with credit approvals to achieve high portfolio standards in Consumer Banking.

Legal, regulatory, economic and compliance

• Ensure you remain alert to the risk of money laundering and assist in the Bank efforts in combating it by adhering to the key principles in relation to: Identifying your customer, knowing your customer, reporting suspicions, safeguarding records and not disclosing suspicions to customers. Ensure your staffs are trained in combating money laundering.

Qualifications & Skills

• University degree background with credit risk management experience.
• Minimum of 2 years of Consumer Banking experience with proved credit skills.
• Good understanding of local market and consumer banking credit in general.
• Possess an eye for detail.
• Good analytical skills.
• Good interpersonal skills.
• Good communication skills.
• Good financial and MIS skills.

How To Apply
Interested and qualified candidates should:
Click Here To Apply Online
Application Deadline Date
Closes by 20th November, 2013