CORE PURPOSE OF THE JOB 

To provide for the preparation of Credit proposals required by the Executive Credit Committee,

encompassing the analysis of clients’ financial position to determine whether or not Finance can

be extended for assets and/or trade.

MAIN FUNCTIONS OF THE JOB INCLUDE:

Credit Proposals  Analysis of financial statements and management accounts to assess financial performance of applicants as well as guarantor entities which includes preparation of Income Statement, Balance sheet spread and consolidation of Information where applicable Analysis of Value Added Tax (VAT) returns and Management Accounts Research of market trends, perform qualitative reviews, corporate ratings and determines affordability of repayments Assess and compile information provided by CM and CRM on clients’ background, nature of business, location, Management, customer and supplier information for proposal. Requests Kreditinform report to determine clients Credit history, bank reports and security confirmations if it is related to a trade client Creating a SWOT analysis in order to identify risks associated with clients thus highlights the banks awareness to potential hazards Summarizes detailed needs and requirements of clients and comments on utilization Prepares and updates detailed manual exposure report for Group in terms of security by ensuring securities are correctly loaded, qualitative review status is updated, valuations are up to date. Provides sensitivity analysis for each application within the proposal Prepares information sheet and requests Trust reviews from Legal department Identifies risks with respect to client and/or Industry and mitigating factors Responds to queries made by Management Credit Committee (MCC), Executive Credit Committee (ECC), Board Credit Committee (BCC) and Board of Directors (BOD) relating to the proposal as and when required Prepare Executive summaries for Board Credit Committee (BCC) and Board of Directors (BOD) submissions Value added / innovation / risk assessment incorporated in credit reports Maintains and updates internal Corporate Task List General  Conducts analysis of book debts monthly for clients, whose cession of book debts are held as security which entails liaising with clients to determine recoverability of book debt balances that are outstanding. Updating and management of SM items, Other Conditions Follows up on financial information required from clients such as financial statements, management accounts, VAT returns, Assets and Liabilities statements, Income and Expenditure statements, Banking details and queries relating to financial statements, etcetera. Updating and Management of the Tech Support Log Liaise with supporting departments in respect of queries, requests, Ad hoc requests as required by Supervisor and

QUALIFICATIONS 

A degree or Relevant Qualifications in Finance / Accounting will be required to meet the requirements of the role at the highest level of competence

PREFERRED EXPERIENCE 

At least 2 years’ experience in the Banking industry, specifically with Credit /Accounting experience.

KNOWLEDGE

iMAL Ms Office Knowledge of the following: Credit Policies and Procedures Shariah Banking principles Banks policies and procedures Basic knowledge on the Banks Products and Services Finance and Accounting

 

 A Consultant will be in touch if you are shortlisted for the position. Please consider your application unsuccessful should you not have been contacted within 2 weeks. We will keep your CV on our database and contact you should you match the criteria of any other vacancies.