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Über diese Credit Operations and Regulatory Reporting Officer Stelle bei FirstRand

FirstRand · Vor Ort · Lagos Central

Job Description

The essence of this role is to centralize all operational and regulatory responsibilities relating to the Credit function, with a view to enhancing the levels of service, compliance, timeliness, and quality of credit regulatory reporting.

Responsibilities:  


The successful candidate will be responsible for:


Regulatory Reporting for Credit


  • All regulatory Credit returns mandated by the Central Bank of Nigeria (“CBN”), including but not limited to:
  • Monthly capital adequacy and credit portfolio position reports.
  • Monthly Credit Risk Management System (“CRMS”) submissions.
  • Management and implementation of on-going information updates on the CRMS.
  • All regulatory Credit returns mandated by the CBN in respect of credit bureaus, including but not limited to:
  • Monthly credit portfolio position reports to all credit bureaus subscribed to by RMBN.
  • On-going information updates on clients’ credit positions as may be required.
  • All Credit regulatory returns mandated by the FirstRand Group (the “Group”) in respect of South African Reserve
  • Bank (“SARB”) reporting requirements, including periodic credit portfolio position reports (including but not limited
  • to BA returns).
  • All regulatory Credit returns mandated by the FirstRand Group in respect of On-going Risk Management (“ORM”)
  • practices.
  • Accurately prepare and respond to credit portfolio position requests from other departments in the bank, including
  • Compliance, Risk, Finance, Operations and Internal Audit.
  • All other ad-hoc Credit information requests from shareholders/other stakeholders and regulators;

Internal Credit Portfolio Reporting and Monitoring


  • Provide support to the Credit team (and in some instances generate) in terms of all credit portfolio reporting to
  • the Board and Executive Committee.
  • Liaise with internal stakeholders to ensure that credit file contents are up to date as per CBN guidelines

Credit Control and Loan Disbursement


  • Participate in Deal Conclusion Forums and New Product Approval process
  • Review Credit Facility agreements to ensure that all conditions precedent to drawdown are in place prior to
  • disbursement
  • Collateral Management
  • Thorough monitoring of conditions and covenant breaches
  • Overall monitoring and control of credit documentation and processes; credit post-analyses

Effective teamwork, self-management and alignment with group values


  • Imbibe the RMB promises & continually drive RMB’s values
  • Continuously assess own performance, seek timely and clear feedback as well as request training where
  • appropriate
  • Identify effective activities to address own development gaps
  • Create own development plan and review plan with manager
  • Maintain a positive attitude and respond openly to feedback
  • Understand which competencies and skills are required to be mastered to ensure personal development and
  • performance
  • Keep abreast of learning opportunities, changing products and trends

Qualifications and Experience


  • An undergraduate degree in a relevant discipline
  • Minimum of seven years relevant working experience within a Nigerian bank or financial institution.
  • Prior experience in credit (preferably regulatory reporting / Credit Admin and operations) will be an
  • added advantage.
  • Good understanding of the Nigerian Banking Industry and its regulatory requirements

Technical Skills


  • General knowledge and understanding of business, industry and the macroeconomic environment
  • Good understanding of financial instruments and banking products, as well as their linkages in determining
  • correct client positions
  • High level of numeracy
  • Strong ability to read and analyze data
  • Strong verbal and written communication
  • Sound presentation skills

Key Competencies


  • Result oriented and driven - A self-starter who produces a consistently high quality of output within agreed
  • deadlines. Prompt and proactive in driving for results and has problem-solving aptitude.
  • Creative / Innovative - Must possess the ability to identify and initiate more efficient ways of doing things.
  • Detail - Must possess a strong level of attention to detail, accuracy, and be well organized, which are considered
  • essential for regulatory reporting. Must also possess the ability to process and work with large volumes of data.
  • Good communication skills - Must possess the ability to communicate and debate views effectively,
  • constructively and convincingly using verbal and non-verbal means.
  • Relationship building capability - Must possess the ability to put people at ease and build sound relationships
  • based on mutual trust and openness.

Human Relations Profile


  • Ability to strike and maintain good client relationships.
  • Strong character & integrity paramount
  • High degree of self-confidence; pleasant personality; well presented
  • Well organized / good time management skills / disciplined/ detail orientated
  • Self-starter able to work with minimal supervision
  • Team oriented
  • Flexible when necessary and ability to work effectively under pressure

#RMB

#Post

#LI-TD1


 

Important Closing Date Note

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

20/11/26

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

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Über FirstRand

FirstRand provides a comprehensive range of financial services in South Africa and certain markets in broader Africa. The group also offers certain niche products and services in the UK and India. Listed on the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange (NSX), FirstRand Limited is the largest financial institution by market capitalisation in Africa. The group follows a multi-branding approach. Its portfolio of financial services businesses includes FNB, RMB, WesBank, Ashburton Investments, Aldermore, MotoNovo and DirectAxis. Many are leaders in their respective segments and markets, offering transactional, lending, investment and insurance products and services The Fir

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