Non-Bank Financial Institution Recruitment (August 2017)

A Non-Bank Financial Institution (NBFI) and a subsidiary of a multinational company has vacancies for highly motivated individuals with high integrity and a passion to succeed for hiring

Job Description

Job Title: Credit Risk Officer

Reports To: Credit Administration Manager
Location: Accra

Purpose Of The Job:

Credit all Customers with the corresponding monthly payment per the schedule received from the various employers on behalf of customers.
Keep a record of the dates of receipting and any challenges encountered.
Update the collection rate table for all employer customers each month
Update receipting details with all off payroll collections to determine actual collection rate for the month.

Primary Responsibilities:

Account Management – Receipting And Reconciliation Receipting
Credit all customers with the corresponding monthly payments per the schedules received from the various employers on behalf of customers.
Keep record of dates of receipting and any challenges encountered
Update the collection rate table for all employer customers each month.
Update receipting details with all off payroll collections to determine actual collection rate for the month.
Compare the collection records with details on view to determine any inconsistencies and investigate accordingly.
Manual Receipting
Reconcile manual payments captured at the branches with records from the finance department
Approved all captured manual payments made in Baylend after reconciliation with Finance
Reconcile all payments made directly into the company’s bank account with finance, capture and approve payments in Baylend.
Capture all direct debit payments in Baylend and approve them accordingly
Provide detailed report and trend analysis on all off payroll receipting for the month

Reconciliation

Review receipting data to separate all over payments, non-payments and underpayments for further analysis
Review individual accounts of all non-payments and under payments to establish actual cause of non-payment or underpayment
Prepare list for the submission to employer for feedback on the causes of non-payment after internal reconciliation and updating of individual accounts.
Submit list of all first cycle non-payments and underpayments to the branch support team for further investigations using loan contract details
Submit the list of all non-payments and underpayments to the off payroll management team to contact customers.
Keep detailed track of all reconciliation activities carried out in the month.
Analysis of payroll related feedback and analysing performance of collections

Resubmissions

Prepare a list of all non-payments to various employer customers for feedback
Follow up on all resubmissions for feedback on time
Update all accounts based on feedback received from employer customers
Recommend the appropriate codes for various accounts based on feedback received
Ensure resubmission process is done correctly and tracked continuously
House Keeping
Ensure all payroll deduction files are analysed and customers’ accounts are duly credited before month end.
Ensure feedback loop is maintain to improve origination process
Liaise with Branch Support to receive related data for loan documents
Required Skills or Experience
A minimum of Higher National Diploma.
Over 3 years’ experience in running collection, specifically with unsecured lending
Strong self-motivation, with ability to work independently and under pressure
Competencies Required (Skills & Abilities)
Good knowledge of application software such as MS Word, Excel and Access
Must be able to meet target on scheduled time
Excellent communication and interpersonal skills
Must be willing to travel to customer sites
Must be highly assertive

How to Apply

Interested applicants should apply by e-mail their CVs and cover letters details to [email protected] by close of work Tuesday 22, 2017
Only short listed applicant will be contacted.