Credit Monitoring Officer United Bank for Africa

Credit Monitoring Officer at United Bank for Africa – Uganda

JOB OBJECTIVE(S)

• To emphasize and protect high credit quality while encouraging and increasing the bank’s market share without compromising risk assets quality.
• Detection and escalation of unauthorized credits and past due TODS.
• Detection, review, and escalation of early warning signals of authorized credits.
• To ensure the creation of high-quality risk assets.
• Ensure credit records/files and reports are accurate.

DUTIES & RESPONSIBILITIES

• Ensure that all approved and availed loan facilities are in line with the bank’s terms and conditions and in accordance with the lending policies.
• Review of approved Credits for quality, performance, and compliance with approved terms and conditions.
• Ensure that limits are monitored, incomes, fees, maturing repayments, and anniversary charges are captured.
• Regular rendition of weekly, monthly, and quarterly exceptions reports to Chief Risk Officer.
• Identify the critical exposures to the Unit Head for attention by Remedial Management/Credit Recovery Action.
• Daily download and review of unauthorized overdrafts to identify unauthorized drawings to frustrate the perpetration of fraud. These include drawings on expired facilities, accounts in excess of approved limit, drawings without an approval, etc.
• Review and management of loan portfolio of the bank and early alert procedures to minimize loss of risk assets by the Bank.
• Reviewing the quality of all approved and availed Contingent Liabilities to ensure that it is in line with the bank’s terms and conditions and in accordance with the lending policies.
• Reviewing the documentation deferral of all approved and availed to ensure that it is in line with the bank’s terms and conditions and in accordance with the lending policies.
• Reviewing the income charged on approved facilities, Interest rate review, COT review, review of periodic fees.