Senior early repayment & Control Officer
Job Purpose:
To ensure that all new facilities have been accurately booked as approved and remedial actions are immediately implemented for the exceptions met during the daily call overs as well as to ensure that all suspense and liquidation accounts related to the Credit Operations Unit (COU) transactions are monitored and reconciled on a daily basis. This position works closely with the disbursement team to ensure the accuracy in booking, collections of credit revenues and to make sure that follow-up mechanisms on remedial actions are swiftly implemented.
To produce reconciliation reports for all suspense and liquidation accounts under credit operations unit
Assign tasks and monitor and performance of early repayment and control officer under supervision
Main Responsibilities:
To ensure that booked facilities are reviewed to ascertain the accuracy of all terms and conditions and ensure that all credit revenues have been collected
To report exceptions encountered during the post-disbursement checks and ensure that remedial actions are immediately implemented
To share the status of suspense/liquidation accounts related to the COU transactions with stake holders
To follow-up and share updated reports of staff loan instalments with Finance
To maintain and update the Credit Operations Unit Risk Control Self-assessment
To assist in the resolution of Credit auditing issues
Assign tasks to staff under supervision and monitor their performance
Any other duties that may be assigned to him/her by the supervisor
Daily Responsibilities:
To ensure daily call overs for the newly booked facilities (systematic checking of amount disbursed, interest rate, tenor, fees to be collected ….etc.) are conducted on daily basis
To ensure report on daily returns of suspense/liquidation accounts related to COU transactions are done on daily basis
To report exceptions encountered during the call overs to the credit Operations managers and ensure remedial actions are immediately implemented
To produce and share the revenue assurance report to his/her supervisor on daily/Weekly/Monthly basis
To produce and share the revenue assurance report to his/her supervisor on daily/Weekly/Monthly basis
Performance monitoring and mentoring of staff under supervision
Any other duties that may be assigned to him/her by the supervisor
Educational qualifications and work experience:
Bachelors Degree in Accounting, Finance, Economics other related
Professional Qualifications CPA
Masters Degree in Accounting, Finance other related
Minimum No of Years Experience Required 4 years
