Group / Department: Risk/Credit Admin/Collateral
Job Purpose: To accurately and timely process credit applications ensuring strict adherence to credit policies.
Accountabilities:
- Analyze and ensure that all borrowing documents are adequate and all collaterals/ supports/ have been perfected.
- Input approved limits in accordance to the perfected documents.
- Feed interest rates & commission in to the system as per the up to date GB guidelines.
- Handle extensions, freezing and allocation of limits after document approval, thereby obtaining validated documents from the client.
- Ensure that all documents from groups are in compliance with the legal and credit policies and procedures of GB.
- Follow up on the outstanding documents and exceptions; each in its target date and escalate any deficiency to Management Sub-
Committee.
- Process limits approved for international Banking as per the current limits prescribed by the group in accordance with the Top 300 banks and 2nd Tier banks report.
Generic accountabilities Generic accountabilities
- Corporate Governance and compliance: Work fully within: risk policies and procedures and all compliance regulations.
Communication and Working Relationships:
a) Subordinates
Direct : 3
Indirect : None
b) Relationships
Internal: Direct and regular communication with Corporate Banking, International Banking, Loans, LC’s, LG’s, Treasury, Legal and other business as required.
External: Other local & international banks.
Job Dimensions:
a) Financial: N/A
b) Other: N/A
Key Performance Indicators:
- Accuracy in analyzing supporting documents.
- Accuracy in processing of applications
- Effective control over collateral
- Relevance and exactitude of reports
Generic KPIs
- Compliance with all operational procedures and instructions, risk policies and all other role or department specific procedures and regulatory requirements.
Job Details
| Date Posted: | 2016-06-21 |
| Job Location: | Kuwait |
| Job Role: | Management |
| Company Industry: | Banking |
Preferred Candidate
| Career Level: | Management |
| Degree: | Bachelor's degree |
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