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.