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Credit Approval Officer Job Vacancy

The Credit Approval Officer is responsible for decisioning and pricing credit products and loans for business entities.
Decisions are based on a thorough knowledge of credit policy, inclusive of financial statement analysis.
Emphasis is placed on accuracy, processing time, regulatory and compliance standards as well as the ability to identify, recommend, and justify policy exceptions that are mitigated by sound credit analysis and appropriate approval levels.
The essential responsibilities of this position include:
·         Maintain in-depth understanding of all credit policies and procedures
·         Identify acceptable credit policy exceptions that still ensure superior asset quality
·         Underwrite Business Banking products such as revolving lines of credit, business installment loans, overdraft lines, letters of credit and credit cards.

·         Must negotiate and sell credit decisions to the field.
·         Be proactive in the reconsideration of declined facilities
·         Undergraduate Degree required, Finance or Accounting Degree strongly preferred or equivalent and directly related job experience is required
·         4+ years of Business loan or Commercial loan Underwriting/Credit Analysis experience desired
·         Commercial Credit Skills – financial statements spreading, analysis, and collateral valuation * Knowledge of Credit Scoring Techniques, workflow, and queue management preferred
·         Working knowledge of various cycles of commercial businesses,
·         Knowledge of financial services industry
·         Prefer proficiency in all compliance and regulatory issues as they relate to company  products
·         2+ years experience in a customer focused organization
·         Excellent communication skills, both verbal and written
·         Able to understand and apply Credit Policies & Procedures
·         Competent in mainframe and PC based systems, with developed competency in Credit Decision Tools
·         Self starter & creative thinker
·         Customer focused
·         Works well in a high volume environment
If you feel that you have these qualifications kindly forward your application letter and CV to quoting  the job title on the subject line on or before 18th  October 2010

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