Senior Credit Analyst

Description

• Responsible for the analization of loan applications and the preparation of it for assessment by the Credit Committee
• Check that applications are fully completed and that all needed documentation is attached
• Present applications to the Credit Committee

Duties

• Application Administration:
• Handling of Applications:
• The person is responsible for checking of application forms and supportive documentation for completeness and correctness
• See that applications for approval are processed within 24 hours
• Analyzing Applications for Management Approval: 
• Responsible to comprehend a client’s ITC and Bank report and do an asset and liability evaluation to determine a client’s credit worthiness against 6 (six) months bank statements and verify on Income & Exposure form
• Do calculations on our Bonds Calculator and complete Income and expenditure statement
• Responsible to interpret valuations report and quotations. Check valuation report for any risk factors for example area size of property, insurance value, general condition of property, etc
• Quotations should be screened and approval committee will be informed of any irregularities regarding builders, prizes (Renovation), nature of Renovations, etc
• Do name enquiry on system and check relationships of client to determine 100% Credit worthiness and total credit exposure of the said client
• FIA compliance should be checked as it should be thoroughly completed by the Sales department (Sales Consultants) as per prescribed rules by Bank of Namibia
• Check that Deed of Sales is correctly completed and signed
• Present application on a daily basis for approval to Credit Committee
• Do recommendations to Credit Committee on applications tabled for assessment
• Feedback to Consultants, Agencies and Clients:
• The person responsible must see to it that clients, consultants and agencies are informed within 24 hours about the committee’s decision regarding their applications
• Submission of Management Reports:
• The person responsible must provide the following reports and submitted it on time to Branch Management and Head Office
• Weekly approval and declines
• Monthly approval and decline summaries
• Monthly credit mandate deviations
• Customer Focus:
• Customer Service:
• Has to ensure that clients, lawyers and brokers are handled in a professional manner with accurate information about loan application progress and general home loan details required
• Sales Focus:
• Marketing:
• Responsible to identify cross selling opportunities and refer such opportunities and leads to the correct person, branch or department involved
• Expertise:
• Knowledge of Bank's Credit Policy
• Knowledge of Products and Services:
• The person should have the adequate knowledge of the products and services that apply to his post
• Knowledge of Systems and Procedures:
• The person should have the sufficient knowledge of the systems and procedures that apply to his post to carry out the work effectively
• Knowledge of Valuations:
• Knowledge of Various Housing Schemes (Terms and Conditions)
• Conduct:
• Brand Loyalty, Discipline, Attitude and Conduct:
• To ensure that this person abides by and upholds the Bank Windhoek “code of conduct” regarding:
• Conduct:
• Professionalism
• Commitment
• Reliability
• Confidentiality
• Brand loyalty
• Loyalty in general
• Behaviour in public
• Discipline, etc.
• General:
• Other Duties:
• The person should be prepared/willing to do any other reasonable and lawful instruction/task and it is normally carried out on time and correct

Requisites

• Experience / Knowledge & Skills:
• Knowledge of the system and processes
• Must have adequate knowledge of the different products
• Professional image and grooming
• Self-confident and interpersonal skills
• Computer literate: (Knowledge of Windows 2000, Microsoft Outlook, Excel Level 1 & 2 and Word level 1 & 2
• Analytical skills
• Product knowledge
• Qualifications:
• Matric (Grade 12)
• Credit Diploma will be an advantage

Notes

• Only shortlisted applicants will be contacted