Associate- Credit Control Unit

Job Description:

Release & maintain limits and execute credit facility related maintenances in various banking systems in line with credit approvals / documentation unit release instructions and in adherence to all applicable bank policies, procedures, regulations and SLA’s.

Job Responsibilities:

• Balance confirmation and other credit related letters are issued within the agreed TAT.
• Update covenants in line with the credit approval.
• Monitor margin build ups and produce exception & control reports.
• Ensure rollovers, settlements, interest/profit adjustments are carried out in an accurate and timely manner.
• Limits are released and maintained in line with the credit approvals / documentation unit release instructions.
• Ensure interest rates, earmarking, reallocation and reinstatement of limits are correctly updated in line with approved terms and conditions.
• Maintain project trackers for discounting and monitoring progress payment certificates.

Job Requirements: