Head, Loans And Advances Department
Current• Work planning, implementation, monitoring and evaluation of activities of the Loans and Advances (Credit) Department. • Oversee administration of loans to MSMEs and on-lending institutions. • Ensure credit policies and procedures are adhered to in accordance with established guidelines and applicable legislation. • Provide advisory services on client commercial and personal financials in line with their needs. • Liaise with and oversee client credit status activities with the credit bureaus. • Review, verify and evaluate loan applications and documentations and make recommendations to the Head-Office Credit Committee. • Act as secretary to the Head-Office Credit Committee. • Approve or reject all MSMEs loan requests on the organization’s automated platform.• Establish debt ratio limits in accordance with the credit committee’s authorized limits.• Determination of repayment schedules in line with policy/authorized limits.• Ensure recovery of overdue or delinquent loans.• Oversee and review prepared routine savings and loan reports to management. • Analyze due diligence reports to validate lending eligibility• Recruit personnel and provide trainings on MSMEs to all SME staff.
