Michael Ayoola Email & Phone Number

Lagos State, Nigeria

Ikoyi, Lagos.

Victoria Island, Lagos.

STRATEGIC Formulate the strategy, annual business plans, policies and procedures of the Credit Risk, to support organizational business strategy.Keep the Chief Risk Officer (CRO) informed of significant credit risk related issues that may jeopardize the achievement of the Bank's goals.Ensure that the credit processes within the Bank are operating effectively and efficiently toward achieving high operating standards.Ensure that the section's business plans are within agreed budgets and timescales. Provide timely, accurate and complete progress reports to the Chief Risk Officer (CRO) on the same.Coordinate with Credit Committee regarding the overall credit portfolio management of the Bank.OPERATIONAL Review and revise the existing policies and procedures for the business relevant to credit risk in light of changing market conditions based on leading practices and CBN regulations and guidelines to ensure that a sound environment for identifying, assessing, measuring, monitoring and controlling credit risk is in place.Ensure compliance with established/ approved credit risk policies and procedures and ensure that a sound environment for measuring, monitoring and controlling credit risk is in place.Ensure that all credit approvals meet overall policy guidelines and CBN regulations. These approvals should stipulate terms and conditions to mitigate the credit risk borne/ faced by the Bank.Monitor credit risk capital adequacy computations for CBN reporting with respect to Basel II/III calculations and other day-to-day activities pertaining to the same.Ensure the use of a standardized process for evaluating credit proposals, and ensure that all approved credits are in line with the Bank's credit risk strategy and policies that reflects the bank's tolerance for risk.Monitor the reallocation of credit limits across the Bank as per the Board/Credit Committee approved limits.

Awolowo Road, Ikoyi, Lagos.

Collection/Recovery of Bad Loans by Individuals and Groups.

* Deal with routine correspondence with regard to collections issue.* Liaise with Call Centre and Business Support Team to ensure effective and accurate information is given to the customers.* To produce system reports to assist with the collection of all debts outstanding* To manage the debt portfolio.* To provide accurate information to assist with the correct billing and collection of these functions.* To provide advice and assistance to the customers, by telephone or in person.* Reconciliation of the Bank GL and account statements.*Management information system analyst.

Asset Review & Monitoring ( Recovery) * Recovery/Loan Work-out Loan and Bail Out for customer(s) for the benefit of the organization and customer(s)* Coordination of Risk Asset &Watch-list Meetings.* Generating Periodic Status & Progress Reports for ALCO* Liaison Between the Bank and External Recovery Agents/Lawyers * Risk Asset Review & Monitoring.* Assigning of Retail Bad accounts to recovery agents for recovery.* Making calls to loan defaulters.* Sending text massages to all categories of ARM accounts (CBN, S.A & RMG)* Force debiting of the outstanding balance of defaulters into their corresponding account and placing PND on default account.* Preparation & submission of the ARM weekly report (Alco and Financial report).* Preparation of Recovery agents’ commission.* Funds transfer from charge-off accounts to special assets.* To facilitate and manage the appointment of a debt recovery agents.* Periodic review of branch loans.* Customer Relationship Management.Retail Risk Management, Enterprise Risk Management Group* Management of Origination of all retail products (personal loans, auto loans, lifestyle loans and credit cards in the bank’s portfolio).* Management of the collections on these loans based on the set collections criteria* Work with recovery agents, where defaults have to be referred to these pre-approved agents. * Sectorial review in order to determine suitability of organisations whose staff can qualify for the bank’s products.* Participated in the development, customisation and implementation of automated loan origination software.* Review and Monitoring of bank’s risk asset portfolio on a monthly basis to avoid classification of any loans and to ensure compliance with bank risk and credit policies.* Works with the branches to ensure the process of issuance of the credit cards are strictly adhered.

* Computerizing of Taxpayers data.* Verification of Taxpayers information update and correlating of Taxpayers original forms to the posted ones.* Scanning of Taxpayers passport photograph, for reference purpose.* Issuing of e-tcc cards to respective taxpayer, Distribution of Electronic-tax clearance certificate (e-tcc) to Taxpayers.* Locating of Taxpayers name and entering their (PID) Identity, Sent by the bank, to which their payment was made.* Processing/Posting into Consolidated Online Banking System (COBIS).