The Lesotho PostBank invites interested Basotho Nationals to apply for the Credit Administration Officer position, which entails, inter alia, contain risk within acceptable parameters by maintaining tight controls over all aspects of loan administrations and by scrutinizing related reports.
Reporting to the Credit Administration Manager, the incumbent will among others perform the following:
Key Performance Areas
• Action the excess, arrear, provision and age analysis reports
• Prepare provision classification Reports
• Identify defaulters in the system and do follow ups such as sending reminders
• Liase with Repayment officer, branches and relationship managers to recover missing repayment/s and contact clients whose payments are behind or exceeded their limits.
• Secure payment and determine reason for non payment of account.
• Negotiate payment arrangements to cure non payment of the accounts
• Generate statements, reminders letters for approval by the Credit manager and delivering the same to clients.
• Responsible for following up outstanding debts pre lock ups from customers and meeting collection targets in order to maintain positive cash flow
• Check daily disbursement reports for any anomalies and file accordingly on the approved system.
• Prepare the call report on followed clients for repayment.
• Fill up the forms for client hand-over to lock up division.
• Hand over files of defaulted clients to Lock up division after three months of non recovery from clients.
• Prepare provision classification Reports
• Identify defaulters in the system and do follow ups such as sending reminders
• Liase with Repayment officer, branches and relationship managers to recover missing repayment/s and contact clients whose payments are behind or exceeded their limits.
• Secure payment and determine reason for non payment of account.
• Negotiate payment arrangements to cure non payment of the accounts
• Generate statements, reminders letters for approval by the Credit manager and delivering the same to clients.
• Responsible for following up outstanding debts pre lock ups from customers and meeting collection targets in order to maintain positive cash flow
• Check daily disbursement reports for any anomalies and file accordingly on the approved system.
• Prepare the call report on followed clients for repayment.
• Fill up the forms for client hand-over to lock up division.
• Hand over files of defaulted clients to Lock up division after three months of non recovery from clients.
In order to perform this job successfully, the incumbent must possess the following;
QUALIFICATIONS AND EXPERIENCE
• Bcom Accounting/ Finance/ Banking/ Financial management or equivalent plus at least one (1) year experience in a Credit Environment
• Diploma in Banking with at least 3 years in the Credit department environment
• 3 years experience in the Banking sector within a Credit environment.
• Ability to read and interpret financial statements.
• Proficient in MS Excell, knowledge of Credit Scoring would be ad added advantage.
ATTRIBUTES
• Writing skills
• Problem solving
• Dynamic
• Analytic
• Bcom Accounting/ Finance/ Banking/ Financial management or equivalent plus at least one (1) year experience in a Credit Environment
• Diploma in Banking with at least 3 years in the Credit department environment
• 3 years experience in the Banking sector within a Credit environment.
• Ability to read and interpret financial statements.
• Proficient in MS Excell, knowledge of Credit Scoring would be ad added advantage.
ATTRIBUTES
• Writing skills
• Problem solving
• Dynamic
• Analytic
How to Apply
Applications (including names of three referees) accompanied by certified copies of relevant certificates should be emailed to klehloenya@lpb.co.ls/ichaka@lpb.co.ls or hand delivered to:
Applications (including names of three referees) accompanied by certified copies of relevant certificates should be emailed to klehloenya@lpb.co.ls/ichaka@lpb.co.ls or hand delivered to:
The Human Resources Manager
Lesotho Postbank
Oblate House,
Private Bag A121
Lesotho Postbank
Oblate House,
Private Bag A121
The closing date for submission of applications is 23rd May 2014.
DISCLAIMER: ONLY SUCCESSFUL CANDIDATES WILL BE CONTACTED
