Credit Department,Rwanda.Credit Monitoring Manager

JOB PURPOSE
This position is responsible for monitor, track and report on day-to-day the Portfolio asset quality about customer performance of individual credit facilities and loan portfolio as a whole to ensure early warning signs are identified, investigated and action is promptly taken to address situations where credit risks have, or could, move outside risk appetite or there is potential to deteriorate further.

KEY RESPONSIBILITIES

• Provide the daily system credit monitoring and management reports and identify delinquent accounts with irregularities and proactively follow up to ensure corrective action taken in line with credit policy.

• Ensure the review of the entire portfolio is carried out with an emphasis on the following for day-to-day monitoring purposes: arrears amount and days of borrowers, excess on limits, expired and expiring limits, follow-up on restructured loans which are to be kept under cooling period in observation of BNR regulation.

• Develop, recommend and implement strategies to ensure that the accounts under watch category are upgraded to normal in line with BNR regulations and Bank policy.

• Provide the Slippages review report: ensuring mitigation of the loan portfolio deterioration through daily communication with the business units, a review of the vintage analysis reports, and monitoring of loans near downgrade point.

• Provide the report on monitoring of the insurance renewal period for collateralized loans & covenants tracking.

• Follow up with the BU if the annual reviews for loans are being done and share the report.

• Perform portfolio risk management by continuous follow-up of sectoral concentrations, Single Obligor Limits, etc.

• Prepare required reports indicating the bank’s loans status for submission to the management on monthly basis. And ensure the analysis and reporting of Overdrawn accounts reports is curried out.

• Ensure compliance with Bank’s policies, regulatory requirements and best practice in the monitoring and control process with a view to minimizing Credit Risk.

• Ensure satisfactory audits by facilitating internal, external, and central bank audits, timely closure of all credit risk reviews, internal & external audits, and central bank review findings.

• Assist in preparing various presentations to management and board such as MCRC deck, war room deck, branch MCRC, etc.

• Assist in other tasks such as being the custodian of Credit risk register and follow up in updating the Credit Business continuity plan, etc.

DAILY RESPONSIBILITIES:

• To lead, organize and coordinate the Credit Monitoring team tasks and assignments related to credit monitoring.

• To provide feedback to the different Business Units, management and external partners for all enquiries relating the Loan portfolio

• To submit reports that summarize credit portfolio performance trends and identifying arears of credit risk.

• To tackle irregularities and advise on remedial actions.

• Academic & Professional

Particulars

Detail

Specific Field or Qualification

Education

Bachelor’s degree

Business/finance/accounting/Management

• Experience

Detail

Minimum No of Years

Total Minimum No of Years Experience Required

4

Detail

Minimum No of Years

Experience area 1 (Monitoring & Reporting)

1

Experience in Credit

3