Credit Operations and Regulatory Reporting Officer

Location: Lagos Central

Job Description

The essence of this role is to centralize all operational and regulatory responsibilities relating to the Credit function, with a view to enhancing the levels of service, compliance, timeliness, and quality of credit regulatory reporting.

Responsibilities:

The successful candidate will be responsible for:

Regulatory Reporting for Credit

• All regulatory Credit returns mandated by the Central Bank of Nigeria (“CBN”), including but not limited to:
• Monthly capital adequacy and credit portfolio position reports.
• Monthly Credit Risk Management System (“CRMS”) submissions.
• Management and implementation of on-going information updates on the CRMS.
• All regulatory Credit returns mandated by the CBN in respect of credit bureaus, including but not limited to:
• Monthly credit portfolio position reports to all credit bureaus subscribed to by RMBN.
• On-going information updates on clients’ credit positions as may be required.
• All Credit regulatory returns mandated by the FirstRand Group (the “Group”) in respect of South African Reserve
• Bank (“SARB”) reporting requirements, including periodic credit portfolio position reports (including but not limited
• to BA returns).
• All regulatory Credit returns mandated by the FirstRand Group in respect of On-going Risk Management (“ORM”)
• practices.
• Accurately prepare and respond to credit portfolio position requests from other departments in the bank, including
• Compliance, Risk, Finance, Operations and Internal Audit.
• All other ad-hoc Credit information requests from shareholders/other stakeholders and regulators;

Internal Credit Portfolio Reporting and Monitoring

• Provide support to the Credit team (and in some instances generate) in terms of all credit portfolio reporting to
• the Board and Executive Committee.
• Liaise with internal stakeholders to ensure that credit file contents are up to date as per CBN guidelines

Credit Control and Loan Disbursement

• Participate in Deal Conclusion Forums and New Product Approval process
• Review Credit Facility agreements to ensure that all conditions precedent to drawdown are in place prior to
• disbursement
• Collateral Management
• Thorough monitoring of conditions and covenant breaches
• Overall monitoring and control of credit documentation and processes; credit post-analyses
• 
  

Effective teamwork, self-management and alignment with group values

• Imbibe the RMB promises & continually drive RMB’s values
• Continuously assess own performance, seek timely and clear feedback as well as request training where
• appropriate
• Identify effective activities to address own development gaps
• Create own development plan and review plan with manager
• Maintain a positive attitude and respond openly to feedback
• Understand which competencies and skills are required to be mastered to ensure personal development and
• performance
• Keep abreast of learning opportunities, changing products and trends

Qualifications and Experience

• An undergraduate degree in a relevant discipline
• Minimum of seven years relevant working experience within a Nigerian bank or financial institution.
• Prior experience in credit (preferably regulatory reporting / Credit Admin and operations) will be an
• added advantage.
• Good understanding of the Nigerian Banking Industry and its regulatory requirements

Technical Skills

• General knowledge and understanding of business, industry and the macroeconomic environment
• Good understanding of financial instruments and banking products, as well as their linkages in determining
• correct client positions
• High level of numeracy
• Strong ability to read and analyze data
• Strong verbal and written communication
• Sound presentation skills

Key Competencies

• Result oriented and driven - A self-starter who produces a consistently high quality of output within agreed
• deadlines. Prompt and proactive in driving for results and has problem-solving aptitude.
• Creative / Innovative - Must possess the ability to identify and initiate more efficient ways of doing things.
• Detail - Must possess a strong level of attention to detail, accuracy, and be well organized, which are considered
• essential for regulatory reporting. Must also possess the ability to process and work with large volumes of data.
• Good communication skills - Must possess the ability to communicate and debate views effectively,
• constructively and convincingly using verbal and non-verbal means.
• Relationship building capability - Must possess the ability to put people at ease and build sound relationships
• based on mutual trust and openness.

Human Relations Profile

• Ability to strike and maintain good client relationships.
• Strong character & integrity paramount
• High degree of self-confidence; pleasant personality; well presented
• Well organized / good time management skills / disciplined/ detail orientated
• Self-starter able to work with minimal supervision
• Team oriented
• Flexible when necessary and ability to work effectively under pressure

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Important Closing Date Note

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

20/11/26