Credit & Risk Officer

Website Citizens Economic Empowerment Commission

Empowering Zambians

CITIZENS ECONOMIC EMPOWERMENT COMMISSION

EMPLOYMENT OPPORTUNITY

Credit & Risk Officer

The Citizens Economic Empowerment Commission a Body Corporate established under the Citizens’ Economic Empowerment Act No. 9 of 2006 to enhance broad-based economic empowerment, foster citizens’ economic ownership, control and management of economic resources, as well as to promote economic empowerment of targeted citizens is inviting applications from suitably qualified Zambians to fill the following position:



Credit & Risk Officer (1 Position) – Mongu

Reporting to the Provincial Coordinator, the Credit & Risk Officer will be responsible for implementing the Commission’s credit and risk management function at provincial level.

Duties and Responsibilities

  • Provide support to the Credit Control and Risk Department at Provincial level;
  • Propose loan conditions that contribute to project viability and sustainability;
  • Liaise with Financial Institutions contracted to undertake Credit Management services in submission of business plans and receipt of copies Term Sheets and Loan Agreements;
  • Review collateral documentation received from the Credit Managers and ensure the Certificates of Title are sent to HQ for safe custody;
  • Ensure that all properties proposed for security have corresponding valuation reports from Government Valuation Board registered valuers;
  • Timely visit the funded projects to ensure prudent usage of disbursed loan amounts and loan repayments;
  • Reconcile loan statements before release of title and closure of loan accounts;
  • Monitor and report on the compliance of Credit Managers with the Credit Management Agreement and guidelines;
  • Submit monthly reports to Credit Reference Bureau on time;
  • Prepare credit reports at product, Credit Manager and provincial levels;
  • Monitor all loans under management through Credit Managers and ensure
  • 100% disbursement and repayment rates is maintained;
  • Ensure all repossessed properties are secured;
  • Facilitate the execution of Writs of Possession;
  • Ensure all mortgaged properties are insured;
  • Assist in the formulation, implementation and periodic review of the Credit Policy, Risk Policy, Credit Procedure Manual, Risk Procedure Manual and other guidelines under the Credit & Risk Department;
  • Assist in identifying, assessing, quantifying and mitigation risks to the Commission by developing a robust risk management system;
  • Provide support in undertaking risk assessment on Project Finance/Micro Credit projects by undertaking appraisals, due diligence and KYCs;
  • Maintain an updated database of the provincial loan book and update loan statements;
  • Attend to clients’ complaints and queries at provincial level.

Qualifications and Skills

  • Grade Twelve (12) Certificate
  • Degree in Business Administration, Commerce, Economics, Finance, Banking or related field
  • Prior credit administration/risk knowledge an advantage
  • Excellent written and spoken communication skills
  • Good interpersonal skills and paying attention to details
  • Computer literate
  • At least 3 years working experience in credit management in a regulated bank or other regulated lending institution



Interested candidates meeting the above profiles should submit application letters enclosing the Curriculum Vitae and copies of the academic and professional certificates to the following address not later than 25 October, 2017.

The application must be submitted in a sealed envelope marked “CREDIT & RISK OFFICER”.

The Director General
Citizens Economic Empowerment Commission
Plot 6457, Los Angeles Boulevard
Longacres
P.O Box 35068
LUSAKA

To apply for this job email your details to hr@ceec.org.zm

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