Fresh Jobs at I&M Bank

Purpose

The purpose of this role is to achieve business growth in Business Banking segments by providing support to BB Relationship Managers and Branch Managers; in the preparation of quality credit proposals for both existing and New to Bank business with an aim of improving on quality and turnaround time for approval of credit applications.

Primary Responsibilities

• Conduct comprehensive and detailed analysis for both new to bank and existing customers covering both qualitative and quantitative measures regarding the customers’ business including strengths, weaknesses, opportunities, and threats.
• Evaluate, analyze, interpret financial information, and undertake credit assessment in compliance with credit policy guidelines and in keeping with the credit acceptance and set risk bearing limits.
• Ensure that all relevant policy, risk acceptance criteria and credit risk appetite requirements have been considered and met.
• Identify, evaluate, and understand risk associated with individual transactions, products and borrowers and recommend appropriate mitigants.
• Ensure that all credit proposals are optimally priced through application of the risk-based Pricing Model.
• Independently and accurately prepare the Credit Risk Rating (CRR) of a borrower.
• Ensure that all credit proposals are properly rated through application of the Environmental & Social Risk Management Policy, standards, and models.
• Follow up facilities approval with requisite unit as well as continuous follow up with RMs, BMs and ROs regarding credit applications, documentation, and Timely renewal of customer facilities.
• During annual reviews, ensure evaluation of Borrower’s compliance with agreed facility covenants. The analyst will be responsible for highlighting the
• financial covenants in the proposals as part of their portfolio management activities.
• Engage with BPP RMs, BMs and ROs for proper structuring and documentation.
• Train RMs, BMs and ROs at individual or group levels on credit analysis processes.
• Assist the BPP Segments to deliver on its targets by always demonstrating teamwork through timely processing of CA’s and offering support needed on all credit analysis areas.
• Attend Credit Analysts meetings that will assist in improvement of appraisals by participating in discussion on structuring of facilities, supporting documentation and generally support of business.
• Carry out Joint client visits where necessary with RMs to ensure origination of quality credit applications and timely approval.
• Maintain Analysts/RMs relationships through high level of service delivery.

Person Specification

• A Bachelor’s Degree in  Business  Studies; Management; Commerce (Finance, Accounting Option) or equivalent
• At least 2 years banking experience in a lending/credit risk appraisal environment; or equivalent to provide candidate with a good understanding of Credit risk policies and Product Policies and CBK prudential guidelines.
• Understanding of the local competitor market.
• Knowledge in legislation relating to perfection of securities and requirements by regulating bodies.

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Purpose

The role is responsible for processing all card Issuing and Acquiring business settlements accurately and promptly in the Card Management System and Core Banking System in line with the laid down bank procedures and schemes regulations across the Group.

Primary Responsibilities

• Conduct daily pr ocessing of both VISA and MasterCard Domestic International issuing and acquired transactions across all the bank card products and acquiring channels to respective domestic VISA and MasterCard Settlement Agents and International NOSTRO.
• Ensure all settlement fees and associated charges are properly accounted and posted to General Ledger as part of daily settlement process.
• Custodian to all daily scheme settlements reports, workings, and payment records.
• Act as a Bank Liaison Agent with other Banks and Schemes on matters relating to card issuing and acquiring settlements.
• Ensure all outgoing files are exchanged between the bank and all card associations within set SLA to allow for smooth merchant settlement processing and nil losses from late presentment.
• Process co-branding shared income to card business cobranding partners as per the agreed service level agreements.
• Prompt review of all scheme settlements reconciliation exceptions as highlighted by Card Reconciliation teams and follow up with respective state holders for resolution.
• Ensure the vendor payments are processed on time.
• Ensure compliance to card scheme regulations on transaction data processing and sharing requirements to mitigate any adverse compliance assessments/penalties.
• Identify initiatives to automate and optimize the card management systems to support required business processing changes.
• Prepare Quarterly MasterCard Reporting (QMR), VISA Operating Certificates (GOC) and Monthly CBK reporting, and any other scheme report as required.
• Any other duty as shall be request ed by senior bank management.

Person Specifications

• A Bachelors Degree in a Business related field.
• At least 1 year of relevant experience.