Credit Policy & Portfolio Officer

DUTIES & RESPONSIBILITIES

• Carry out periodic review on methodologies (Impairment, ICAAP, and CAR) as required. 

• Preparation of monthly Capital Adequacy Requirement report (CAR) 

• Preparation of monthly impairment calculation

• Preparation of monthly IFRS credit journals

• Preparation of quarterly ICAAP report to CBN (Internal Capital Adequacy Assessment Process)

• Preparation of credit disclosures for Year End and Periodic Audit

• Conduct Stress testing and scenario analysis for stakeholder unit/department/regulator as required

• Provide support for portfolio projects (IFRS, Basel)

• Conduct macroeconomic review, industry studies and industry ratings for the development of portfolio plan and credit strategy

• Analyse portfolio trends to determine root causes of negative trends in the Bank’s portfolio and recommend corrective measures.

• Conduct analysis of ratings in the Bank’s portfolio (Weighted Average Risk Rating)

• Implement the Enterprise Risk Management (ERM) framework to ensure compliance with Basle and IFRS requirements and co-ordinates the process for the review of the document

• Any other portfolio management tasks

• Comply with the principles and policies in the Information Security Handbook

JOB REQUIREMENTS

Education

Minimum Education: First degree in Business related and Science/Engineering courses.

Experience

Minimum experience: 2 years of relevant experience in banking or risk management.

KEY COMPETENCY REQUIREMENTS

Knowledge

• Data Gathering and Analysis.

• Industry knowledge

• Familiarity with Microsoft Office, especially Excel

• Familiarity with the bank’s software e.g. Finacle

• Research orientation

Skill/Competencies

• Interpersonal skills

• IT and Computer appreciation

• Communications skills (written and oral)

• Attention to details

• Analytical and conceptual skills

• Integrity

• Data gathering skills

• Ability to communicate technical information to a non-technical audience

• Reporting skills