Recruitment: Apply For Sterling Bank Recruitment 2021

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Recruitment, apply for Sterling Bank recruitment 2021 below.

Gatekeepers News reports that Sterling Bank is a commercial bank licensed by the Central Bank of Nigeria.

Sterling Bank is recruiting to fill the position below:

Job Title: Credit Disbursement and Control Officer – SAF

Location: Lagos
Job Type: Full-time
Specialization(s): Others

Job Summary

  • To manage the bank’s facility booking and disbursement process to ensure adequate documentation of approved facilities prior to disbursement.

Job Description

  • Ensure proper documentation for all approved facilities and maintain comprehensive and up to date credit files for each borrower
  • Ensure facility conditions are fully captured on offer letters and conditions precedent satisfied or appropriate sign-off obtained before facility disbursement is done
  • Ensure facilities booked for obligors are within approved limit and that global exposures do not exceed single obligor limit
  • Book guarantees and maintenance of register for them
  • Supervise safe and confidential keeping of credit files and documents with due restriction of unauthorized access
  • Handle booking of facilities – retail, corporate, and investment.
  • Act as a liaison office for BCC and BOD credit approval processing
  • Provide secretariat services for Management and Board Credit Committees
  • Maintain mark-up rates on Clients’ accounts in line with management approval
  • Prepare monthly reports to management on collateral portfolio current status and condition
  • Follow up on deferrals and restrict further utilization on the expiration of approved deferrals
  • Ensure daily call over of booked facilities to confirm that collaterals were properly captured.
  • Ensure the existence of valid insurance policies for collaterals and obligors during the life cycle of the credit facilities.
  • Process the release of security documents for the Legal Department.

Job Experience

  • A First Degree.
  • Second degree/Professional qualification is an added advantage.
  • The preferred candidate should be skilled in Credit Administration, Credit Analysis, have a good understanding of CBN monetary policies & guidelines, loan monitoring process and delinquency management, etc.

Application Closing Date
30th November 2021.

How to Apply
Interested and qualified candidates should:
Click here to apply online