Vacancy Details
Vacancy
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Details
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Vacancy Number
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08/2023
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Title
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Relationship & Sales Officer, Labasa
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Description
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1. Prequalification and Application
• Ensure timeliness, integrity and accuracy of initial advice, relevant searches and source
documents are acquired for any applications as dictated by Bank Policies and Procedures.
• Key in relevant details on BMS platform immediately on payment of correct application fees.
• Assist and advise applicant where required with regards to business plan preparation, and
sourcing of quotations, equities, licenses, business registration and other relevant
documentation.
• Properly register and file all enquiry’s received (regardless of accepted/discourage status) for
future reference.
2. Appraisal & Approval
• Provide on first instance all relevant, accurate and complete documentation in terms of
equities, projections, searches, interest rates and other requirements to ensure timely quality
assessments/appraisals.
• Ensure application submissions for appraisal and approval are aligned to Bank’s Policies and
Procedures, environmental sustainability, statutory requirements and economic growth.
• Work proactively with relevant parties and effectively manage required tasks to ensure loan
decisions are formalized within TAT.
• Ensure loan letters prepared are aligned with the decision made.
• Key in all relevant and accurate BMS details immediately upon approval (interest,
repayment, Flags, SME details, CRR, approval date and officer).
3. Documentation & Disbursement
• Liaise with relevant stakeholders on validation, stamping and registration of source/security
documents/searches, submit same to legal for appropriate action.
• Enforce the timely and proper preparation, execution, final check of relevant documentation
and BMS update where applicable as per Bank Policy by relevant parties.
• Ensure full compliance to pre disbursement conditions and make recommendation for
disbursement within appropriate discretionary authority.
4. Monitoring & Supervision
• Ensure appropriate advice and technical assistance is provided to borrower where needed
should problems arise throughout the physical development of the project.
• Prioritize and plan supervision of accounts in order to direct a higher level of close
inspection to those accounts or projects whose performance deviates from the anticipated.
path.
• Ensure securities are revalued, renewed and verified where applicable, related fees are
collected, security discharges are enacted and BMS entries are completed as required on a
timely and periodical basis in collaboration with relevant parties.
• Ensure that insurance for all assets under loan security are provided for at market value
during the currency of the loan and timely attendance to requests and advice from relevant
parties.
• Ensure loan accounts are reviewed and reported as per policy, identify appropriate action for
early warning signal for movement of accounts based on grades and provide.
recommendation for existence of project i.e. to restructure or rehabilitate.
5. Recovery
• Monitor and measure all loans prudently and implement vigilant arrears follow-up on
repayments, reviews, rescheduling, BMS amendments and documentation.
• Undertake regular review of loan accounts under Non-Performing Loans (NPL) and take
corrective measures to upgrade accounts as per policy.
• Ensure all possible avenues are exhausted in timely and efficient manner regarding the
recovery procedure before downgrading.
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Qualification
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A Degree in Commerce/Accounting/Economics or its equivalent from a recognized institution.
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Experience
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Three (3) Years relevant work experience in a similar environment particularly in Commerce, Banking or Agriculture and holds a valid driver’s license (automatic & manual)
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Salary
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$36,450 - $54,676
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Term
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3
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Start Date
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2/21/2023
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End Date
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2/27/2023
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