First Bank Nigeria PLC is recruiting suitable individuals for the position of Credit Availment Officer. This means that First Bank ongoing recruitment is open to qualified candidates who can fill the above position. See how to apply here.
Do you want to apply for the position of Credit Availment Officer?
You will know about the ongoing First Bank recruitment. Job Description, Requirements, Qualifications, and How to apply for the position of Credit Availment Officer. You will also know the closing date for the recruitment exercise.
NB Recruitgist.Com does not give out employment. We provide prospective employee or staff with the necessary information to successfully apply for First Bank Nigeria ongoing recruitment.
However, First Bank PLC will never demand money for recruitment. Therefore, disregard any individual or organization requesting for gratification.
Job Description For The First Bank Ongoing Recruitment
The following are the job description for the role of Credit Availment Officer in First Bank Nigeria PLC:
CREDIT AVAILMENT
- Ensure compliance with conditions precedents to drawdown on all approved credits/Bonds & Guarantees (B&G).
- Verify Relationship Teams’ confirmation of compliance with transaction dynamics for approved credits/Bonds & Guarantees.
- Recommend loan set-up and availment of lines to Verification and Availment Manager upon confirmation of compliance with stipulated approval limits.
- Ensure timely communication of approved loan set-up and availment to the BU/CPC/RPC.
- Analyse and advise Relationship Management, exceptions on confirmation of conditions precedents to drawdown and transaction dynamic in small-large sized transactions
- Liaise with Business Units on resolution of incomplete documentation or unavailable documents on corporate loan workflow.
- Monitoring of Deferrals and Waivers:
- Review approved deferrals and waivers for compliance with policy
- Maintain database of imminent & expired deferrals
- Short-dated booking of deferrals
- Monitor deferrals for regularization
COLLATERAL DOCUMENT COLECTION
- Collateral Reviews:
- Ensure approved collateral documents are received bank-wide for onward delivery to Legal Services Department for perfection and safe keeping of the original at the Collateral Repository. This is to cover all facilities to be booked on Finacle whether appraised by CAP or approved by the GH/RH/GEs under approved product programme.
- Assess the adequacy of collaterals for transactions consummated at Business Unit levels.
- Collateral Perfection Tracking:
- Ensure approved collateral documents are received bank-wide for onward delivery to Legal Services Department for perfection and safe keeping of the original at the Collateral Repository. This is to cover all facilities to be booked on Finacle whether appraised by CAP or approved by the GH/RH/GEs under approved product programme. It is after this that availment ticket will be issued for CPC to book the loan.
- Assess the adequacy of collaterals for transactions consummated at Business Unit levels.
- Follow up with RMs to ensure complete documentation are provided for perfection.
- Confirmation of collateral documentation adequacy with Legal Services for prompt perfection of collaterals and up stamping of same where necessary.
- Valuation Report Review
- Review of valuation reports of assets for collateral adequacy and ensure no valuation is stale
- Receive copies and file as appropriate
- Ensure confirmation of sighting valuation report and collateral inspection form priori to disbursement
- Insurance Policy Review:
- Ensure collateral insurance policy is in place prior to drawdown
- Escalate insurance policy exceptions where applicable.
However, let us quickly look at the requirements for the role of Credit Availment Officer.
Requirements For The First Bank Ongoing Recruitment of Credit Availment Officer
The following is the requirements and qualifications for the role of Credit Availment Officer in First Bank Nigeria:
- Education:
Minimum Education: First degree in law or any field plus additional qualification in business related discipline.
- Experience:
Minimum experience: 2 – 3 years banking experience.
- Knowledge:
- Bank’s Products dynamics & offerings
- Banking structure, policies and procedures
- Banking industry knowledge and trend
- Basic Financial planning and analysis
- Use of banking application
- Core Business Processes
- Data Gathering and Analysis
- Regulatory Compliance
- Banking Operations
- Extensive knowledge of First Bank’s services/products
- Relationship management
- Basic Credit knowledge
- Skill/Competencies:
- Excellent Interpersonal skills
- Effective communications skills (written and oral)
- Must be self- solution driven, proactive and have acceptable knowledge of the business environment
- Adequate attention to details
- Reasoning and analytical skills
- Customer relationship management
- Internal customer relationship Management
- Good knowledge of credit documentation
- Excellent presentation skill
- People management & development skill
- Enjoy networking and alliance building
How To Apply For The Role Of Credit Availment Officer In First Bank Nigeria
To apply for the ongoing recruitment in First Bank, follow the steps below
- Visit the official recruitment portal via Www.Firstbanknigeria.Com
- Scroll down and click on ‘Available Opportunities’
- Choose a position that suits you best
- Read the job role, duties, and functions carefully
- Finally, click on ‘Apply Now’
- Provide all the necessary information
- Submit your application
Deadline For Application
Candidates should take note of the following information:
Date: 6 March, 2023
Time: 04:16 am
Job Schedule: Full Time
Job Location: Samuel Asabia House Lagos, Lagos Ng
Was this article helpful? Do you have any questions or suggestions? Please leave a comment in the comment section and keep following Recruitgist.Com for all vacancies in Nigeria and the globe.
RELATED POST