Credit Officer

Key Responsibilities

Actively market and promote all loan products and services of the Company. Source and acquire new credit clients while maintaining existing client relationships. Assist in the appraisal, approval, disbursement and recovery of loans. Conduct credit appraisals, financial analyses and recommend credit applications for approval. Perform all necessary due diligence in support of credit applications. Ensure adequate collateralization and securitization of all approved credit facilities. Develop practical repayment plans and provide strategic business advice to borrowers where appropriate. Meet assigned loan disbursement and portfolio growth targets. Ensure prompt collection and recovery of loans within assigned portfolios. Prepare and submit accurate weekly and monthly performance reports to Management. Analyse competitor activities and market trends and contribute to the development of innovative loan products and services. Perform any other duties assigned by Management.

Qualifications and Core Competencies

A Bachelor’s Degree in Economics, Business Administration, Banking and Finance, Accounting or a related field. A minimum of two (2) years’ relevant work experience, at least one (1) year of which must have been in Credit Management. Demonstrable expertise in controller loans, including portfolio growth, monitoring, recovery and risk management. Excellent marketing and sales skills, with the ability to consistently source quality borrowers and grow a sustainable loan portfolio. Sound knowledge of commercial and personal lending, credit analysis, loan structuring, securities, recovery processes and applicable legal procedures. Good working knowledge of banking systems and at least one banking software application. Proficiency in Microsoft Office applications, particularly Microsoft Excel. Excellent negotiation, communication and presentation skills. Results-oriented with the ability to achieve and exceed assigned targets. Working knowledge of the Bank of Ghana Collateral Registry Platform will be an added advantage. Previous experience as a Credit Analyst will be an added advantage.