3 New Jobs at NMB Bank Plc May 2024 – Various Posts

Senior Manager; Credit Administration – Loan Documentation (1 Position(s))
Job Location : Head Office
Job Purpose:
Responsible for overseeing all aspects of the loan documentation
process, ensuring accuracy, efficiency, and compliance with regulatory
requirements. S/he will lead a team of professionals in managing the
end-to-end documentation process for all business segments. Her/his
leadership, strategic vision, and attention to detail will be
instrumental in driving operational excellence and mitigating risk in
our lending business.
S/he will assist Head of Credit Administration, strategically, in all Credit Administration Tasks.

Main Responsibilities:

• Gather and review all necessary documentation required to prepare loan
  and security documents ensuring accuracy and completeness.
• Oversee
  the preparation, review, and execution of loan documents, offer letters
  and terms and conditions ensuring accuracy and completeness as per the
  approval.
• Verify the drawdown requests to ensure all the conditions precedent are fulfilled as per the approval, prior to disbursement.
• Lead
  and manage a team of Senior Officers and Officers, providing guidance,
  coaching, and support to ensure the effective execution of loan
  documentation processes.
• Develop and maintain policies,
  procedures, and best practices for loan documentation, ensuring
  alignment with regulatory requirements, industry standards, and internal
  guidelines.
• Monitor changes in regulatory requirements and
  industry trends related to loan documentation and implement updates to
  policies and procedures as necessary to ensure compliance.
• Conduct
  regular audits and quality assurance reviews of loan files to identify
  errors, discrepancies, and areas for improvement, and implement
  corrective actions as needed.
• To develop and maintain strong
  relationships with the business segments, legal department, Credit Risk
  Department, and other stakeholders to facilitate smooth coordination and
  communication throughout the loan documentation process.
• Serve
  as a subject matter expert on loan documentation matters, providing
  guidance, training, and support to staff members and internal
  stakeholders as needed.
• Collaborate with technology teams to
  identify opportunities for process automation and efficiency
  improvements in loan documentation workflows.
• Prepare and
  present regular reports and updates on loan documentation activities,
  metrics, and performance to senior management and other stakeholders.
• Ensure
  that all the credit committees (watchlist forum, watchlist and SAM
  committee, retail credit committee, wholesale credit committee, Loan
  Portfolio Quality Committee and IFRS 9 committee) are conducted as per
  the terms of reference. This involves agenda development, compiling all
  the documents, minutes taking, follow up on action items, communication
  with all stakeholders, record keeping etc.
• Ensure
  Turn-Around-Times (TATs) are as per the agreed Service Level Agreements
  (SLAs) for all the tasks under the Credit Administration unit.
• Ensure policy breaches/ exemptions, if any, are properly authorized at the correct level and tracked for closure.
• Participate fully in various departmental projects.
• Ensure that all queries and enquiries for wholesale are closed on a timely basis.
• Perform any other duties as may be assigned by the CCO and Head of Credit Administration.

Knowledge and Skills:

• In-depth knowledge of loan documentation, Understanding of BOT regulations, Credit Policies, Overall knowledge in Credit.
• Technical Credit Administration, Credit Monitoring and Secretariat Duties,
• Behavioral
  Proactiveness, Attention to detail, effective communication, and
  interpersonal skills, with the ability to inspire and motivate team
  members and collaborate effectively with internal and external
  stakeholders.

Qualifications and Experience:

• Bachelor’s degree in Business Administration, Finance, Accounting, or a related field.
• Master’s degree or professional certification is an added advantage.
• Minimum
  of 5 years’ experience in loan documentation, credit administration, or
  related roles within the financial services industry, 3 years of it
  being in a Managerial role.

Senior Manager; Credit Administration – Monitoring (1 Position(s))
Job Location : Head Office
Job Purpose:
Responsible for overseeing all aspects of credit monitoring ensuring
the effective management and mitigation of credit risk, thereby
safeguarding the financial interests of the Bank.

Main Responsibilities:

• Proactively manage the loan portfolio and improve the quality of the
  book by growing in acceptable sectors/client segments with top quartile
  names, acceptable credit grade and risk/reward profile in line with
  business strategy.
• Ensure that all the conditions subsequent of
  business are adhered to as per the credit approval. Timely payment of
  Land rent on properties held as security, timely renewal of insurance
  covers to safeguard banks’ collaterals.
• Will work closely with
  various departments, including Credit Risk Department, Legal Department
  and all the business segments to develop and implement strategies for
  monitoring credit exposure and identifying potential risks.
• Assist
  the Head; Credit Administration in the preparation of Credit Policy,
  Credit Manual, and all departmental procedures and processes, ensuring
  alignment with regulatory requirements and industry best practices.
• Supervise
  a team comprising manager, senior officers, and officers within the
  credit administration, ensuring effective performance management,
  professional development, and adherence to departmental goals and
  objectives.
• Ensure timely review and renewal of credit facilities to avoid extensions.
• Monitor
  and identify signs of deterioration on individual names with a view to
  commence early remedial management of these accounts and thereby
  minimize loan losses thus directly contributing to bottom line.
• Ensure
  that records for the paid off loans are properly maintained, and the
  securities are delivered to legitimate owners in a timely manner.
• Conduct ongoing analysis of credit portfolios to assess credit quality, identify trends, and evaluate potential risks.
• Monitor
  key credit risk indicators and metrics, such as credit ratings,
  loan-to-value ratios, and debt service coverage ratios, to proactively
  identify areas of concern.
• Ensure all the credit committees
  (watchlist forum, watchlist and SAM committee, retail credit committee,
  wholesale credit committee, Loan Portfolio Quality Committee and IFRS 9
  committee) are conducted as per the terms of reference. This involves
  agenda development, compiling all the documents, minutes taking, follow
  up on action items, communication with all stakeholders, record keeping
  etc.
• Ensure Turn-Around-Times (TATs) are as per the agreed
  Service Level Agreements (SLAs) for all the tasks under Credit
  Administration unit.
• Ensure policy breaches/ exemptions, if any, are properly authorized at the correct level and tracked for closure.
• Manage
  all issues related to Human capital of the Department. This involves
  mid-year and yearly performance evaluation as well as any other human
  capital related matters.
• Ensure Collateral Management
  Arrangement and Warehousing Financing (CMA/WRHF) and collaterals are
  visited as per the Credit Policy.
• Ensure Collateral Management
  Tool for collateral documents (insurance, valuation, title deeds and
  land rents) are maintained timely and accurately.
• Participate fully in various departmental projects.
• Ensure all queries and enquiries are closed on a timely basis.
• Develop
  and maintain reporting mechanisms to communicate credit risk exposures,
  trends, and findings to senior management and relevant stakeholders.
• Perform any other duties as may be assigned by the CCO and Head of Credit Administration.

Knowledge and Skills:

• Strong understanding of credit risk principles
• Understanding of BOT regulations, Credit Policies, Overall knowledge in Credit.
• Credit Administration and Credit Monitoring skills.
• Excellent analytical skills, with the ability to interpret complex financial data and make informed decisions.
• Proactiveness,
  Attention to detail, effective communication, and interpersonal skills,
  with the ability to communicate effectively with stakeholders,
  detail-oriented mindset with a focus on accuracy and precision, ability
  to thrive in a collaborative team environment and adapt to changing
  priorities.

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Qualifications and Experience:

• Bachelor’s degree in Finance, Accounting, Business Administration or a related field.
• Master’s degree or professional certification is an added advantage.
• Minimum
  of 5 years of experience in credit risk management, credit
  administration, credit monitoring, credit analysis, or related roles
  within the financial services industry; 3 years of it being in a
  Managerial role.

Specialist; Operational Risk (1 Position(s))
Job Location : Western Zone
Job Purpose:
Provide support and drive implementation of a robust and effective
Operational Risk Management framework at branches. Ensure branches have
strong controls, processes, and resources to support implementation of
the bank’s Enterprise Risk Management framework.

Main Responsibilities:
Risk Assessment, Analysis & Reporting (60)

• Ensure
  branches conduct Risk and Control Self Assessments (RCSAs) via
  Governance and Compliance Manager (GCM) system and in accordance with
  guidelines issued by Operational Risk through regular guidance/trainings
  on control testing methodology, sample selection criteria, qualities of
  controls testers, risk treatment decisions, individual and overall
  assessment of controls effectiveness etc.
• Review and challenge
  RCSA test results received from the first line of defense i.e., branches
  to ensure the final output that goes to the Risk and Compliance
  Committee (RCC) is up to standard.
• Provide guidance/trainings to branches on how to perform RCSA testing on GCM system.
• Provide risk training on events and risk materialization.
• Conduct gap analysis on RCSAs emanating from internal audit reports, stoking new controls to be added.
• Push for closure of open regulatory findings.
• Conduct
  quality assurance (conformance reviews) on RCSA test results submitted
  by the first line of defense on GCM system to check if testing was done
  in accordance with guidelines issued by Operational Risk. Ensure
  findings/issues are aligned with the business and reported via GCM
  system.
• Ensure all ineffective controls and other operational
  discrepancies captured from Risk and Control Self Assessments (RCSAs),
  Risk events and Key Risk Indicators (KRIs) are captured and tracked on
  GCM system. Regularly share open issues with action owners following up
  on the progress and updates on action plans and escalating issues as
  necessary.
• Spearhead and drive training plans across the branch network.
• Ensure
  risk events occurring at branches are reported through GCM system.
  Perform Quality Analysis (QA) on reported incidents to ensure data
  quality on GCM system as well as adherence with Operational Risk Event
  reporting guidelines. Push for closure of incidents and remedial action
  plans on GCM system.
• Provide guidance/trainings to branches on how to identify, capture, and track risk events and KRIs on GCM system.
• Facilitate more robust engagements at branches.
• Guide
  and support branches in the implementation of Key Risk Indicators
  (KRIs) requirements. Ensure branch KRIs are recorded and tracked on GCM
  system with identified issues closed within agreed timelines.
• Conduct
  regular Key Risk Indicators (KRIs) reviews to ensure branches maintain
  and track relevant, measurable and value adding KRIs. Engage branches to
  ensure there are no red KRIs (spot checking).
• Consolidation of
  operational risk MIs received from branches (e.g., KRIs) to produce
  detailed and summary reports as required by governance committees (e.g.,
  RCC). Understand key issues at zonal level relating to risk.
• Support
  the Head Office Operational Risk team in following up on the progress
  of branch related actions arising out of governance committees (e.g.,
  RCC).
• Proactively communicate with the Senior Manager;
  Operational Risk on branch related operational risk issues escalating
  significant issues as appropriate.
• Keep Zonal Managers, Branch
  Managers and Senior Manager; Operational Risk informed on ongoing basis
  of the operational deficiencies and the status of corrective actions.

Physical security review and reporting (20)

• Communicate plans with ZM on visiting the network.
• Conduct
  routine physical security assessments to ensure that security systems
  and features adhere to established guidelines. Generate comprehensive
  reports, both detailed and summary, for presentation to the Risk and
  Compliance Committee (RCC).
• Communicate any identified physical
  security deficiencies to relevant departments to establish alignment on
  corrective action plans and associated timelines.
• Regularly
  update relevant stakeholders on open physical security issues, closely
  monitoring the progress of action plans, and promptly escalating any
  unresolved issues as needed.
• Prepare monthly reports on the
  status of remedial action plans, for presentation to the Risk and
  Compliance Committee (RCC) highlighting the role played on conformance
  reviews at zonal level (network).

Business empowerment, counselling for proficient risk monitoring and other issues (20)

• Ensure
  the bank is secured from incurring financial/non-financial losses as
  well as reducing the number of fraud incidences at branches by ensuring
  that controls are well defined by business and branch staffs who
  exercise the controls understand and can define all branch risk register
  parameters relative to their day-to-day operations.
• Provide
  input/advice to the design of new and/or revised controls and procedures
  to ensure branches maintain a robust risk register which is in line
  with the business structure and processes.
• Give analysis of branches with variances in RCSA results versus reports by branch QAs.
• Give stock of operational losses per zone and actions taken to resolve.
• Participate in zone meetings for trainings and communicating initiatives for risk awareness.
• Prepare
  a checklist of what needs to be checked by risk at branches from
  records management, physical security, cash controls etc., when visiting
  branches. Pull and follow up closure of pending actions from RCSA
  results, risk events, internal audit, and BOT reports.
• Work as
  part of a team to drive and support the identification and management of
  operational risks daily and act as a source of reference in
  facilitating and promoting the understanding of Operational Risk
  requirements at the branches.
• Empower and guide branches
  through day-to-day interaction to elevate their level of
  understanding/awareness on NMB’s risk management tools (Risk Events,
  KRIs, and RCSAs etc.) and oversee implementation of risk measurement,
  monitoring, and reporting techniques across branches.
• Work together with branches and zonal office to deliver exceptional performance on controls of the entire branch network.
• Any other assignment that the Senior Manager; Operational Risk deems fit.

Knowledge and Skills:
Essential

• Proven experience gained in a bank branch.
• Understanding of the core retail and commercial banking product set
• IT Skills (especially Microsoft Excel)
• A practical knowledge and understanding of risks, controls, risk management tools and methodologies.
• A good understanding of the main operational processes within the businesses
• Understanding of the procedures and control framework relating to those areas.

Preferred

• Previous risk management experience gained within an auditing, operational risk management or compliance/controls type role.
• Facilitation skills
• Analytical and problem-solving skills
• Risk management technical skills (e.g. risk assessment, control design)
• Team work
• Good written and verbal communication skills
• Time management – ability to juggle priorities and execute at speed individually and as part of a team.

Qualifications and Experience:

• Bachelor’s degree in business related studies.
• Additional professional certification will be considered as an added plus.
• Banking Experience of more than 3 years, preferably in Risk management or Audit.

Job opening date : 16-May-2024
Job closing date : 30-May-2024

NMB
Bank Plc is an Equal Opportunity Employer. We are committed to creating
a diverse environment and achieving a gender balanced workforce.
Female candidates and people living with disabilities are strongly encouraged to apply for this position.

NMB
Bank Plc does not charge any fee in connection with the application or
recruitment process. Should you receive a solicitation for the payment
of a fee, please disregard it.
Only shortlisted candidates will be contacted
ONLY SHORTLISTED CANDIDATES WILL BE CONTACTED.