Jobs at Ultraviolet Microfinance Bank

Job Description

• The Head of Credit is responsible for overseeing the credit operations of the microfinance bank, ensuring sound credit risk management, and maintaining a high-quality loan portfolio.
• This role involves developing credit policies, leading the credit team, and ensuring compliance with regulatory requirements and internal policies.

Key Responsibilities
Credit Policy Development:

• Develop and implement credit policies and procedures to ensure prudent lending practices.
• Regularly review and update credit policies to align with regulatory changes and market conditions.
• Ensure policies are effectively communicated and adhered to across the bank.

Credit Risk Management:

• Assess and manage credit risk, ensuring the bank maintains a balanced and high-quality loan portfolio.
• Establish and monitor credit limits and exposure levels to minimize risk.
• Conduct regular portfolio reviews to identify and address potential risks.

Loan Approval and Evaluation:

• Oversee the loan approval process, ensuring timely and accurate credit assessments.
• Evaluate complex credit applications and provide recommendations to the credit committee.
• Ensure that credit assessments are thorough and compliant with established policies.

Portfolio Management:

• Monitor the performance of the loan portfolio, ensuring timely collections and addressing delinquent accounts.
• Develop strategies to enhance portfolio performance and reduce non-performing loans.
• Prepare regular reports on portfolio quality and performance for senior management.

Team Leadership:

• Lead, mentor, and develop the credit team to achieve performance goals.
• Conduct performance evaluations and identify training and development needs.
• Foster a positive and productive work environment that encourages teamwork and professional growth.

Customer Relations:

• Build and maintain strong relationships with key clients and stakeholders.
• Provide guidance and support to relationship managers in structuring and negotiating loan terms.
• Address customer queries and issues related to credit applications and approvals.

Regulatory Compliance:

• Ensure compliance with all relevant regulatory requirements and internal policies.
• Liaise with regulatory bodies and ensure timely submission of required reports.
• Conduct regular audits and reviews to ensure adherence to credit policies.

Qualifications

• Bachelor’s degree in Finance, Economics, Business Administration, or a related field. A Master's degree or professional certification is an advantage.
• Minimum of 8-10 years of experience in credit management, with at least 5 years in a managerial role.
• Strong knowledge of microfinance banking credit operations and regulatory requirements.
• Experience working in a bank is mandatory.
• Excellent leadership, communication, and interpersonal skills.
• Proven ability to manage and lead a diverse team.
• Strong analytical and problem-solving skills, with a focus on risk management.
• Ability to work under pressure and meet tight deadlines.

Key Competencies:

• Credit analysis and assessment
• Risk management
• Strategic thinking and planning
• Customer focus
• Team leadership and development
• Financial acumen.

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Job Description

• The Private Banking Officer is responsible for managing relationships with high-net-worth individuals (HNWIs) and providing personalized banking services to meet their financial needs.
• This role involves offering tailored financial solutions, managing client portfolios, and ensuring a high level of customer satisfaction and retention.

Responsibilities
Client Relationship Management:

• Build and maintain strong relationships with high-net-worth clients to ensure long-term loyalty and satisfaction.
• Serve as the primary point of contact for clients, addressing inquiries and providing personalized financial advice.
• Conduct regular meetings with clients to review their financial goals and update them on account performance.

Financial Solutions and Advisory:

• Offer tailored financial products and services, including investment advice, loans, and deposit accounts, to meet clients’ needs.
• Collaborate with internal teams to develop customized financial plans and investment strategies for clients.
• Monitor clients' portfolios and recommend adjustments based on market conditions and changes in clients' circumstances.

Business Development:

• Identify and acquire new high-net-worth clients through networking, referrals, and targeted marketing initiatives.
• Promote the bank’s private banking services and products to prospective clients.
• Achieve sales and growth targets by cross-selling and upselling banking solutions.

Risk Management and Compliance:

• Ensure all client interactions and transactions comply with regulatory requirements and internal policies.
• Conduct thorough due diligence and risk assessments to mitigate potential risks.
• Maintain accurate and up-to-date client records and documentation.

Market Research and Analysis:

• Stay informed about market trends, investment opportunities, and competitor offerings.
• Analyze economic and financial data to provide insights and recommendations to clients.
• Share market intelligence with the team to enhance the bank’s service offerings.

Customer Service Excellence:

• Provide exceptional service to clients, ensuring a high level of satisfaction and positive client experiences.
• Handle and resolve client complaints promptly and professionally.
• Continuously seek feedback to improve service quality and client satisfaction.

Qualifications

• Bachelor’s degree in Finance, Business Administration, Economics, or a related field.
• Minimum of 3-5 years of experience in private banking or wealth management.
• Strong knowledge of financial products, investment strategies, and market trends.
• Excellent communication, negotiation, and interpersonal skills.
• Proven ability to build and maintain relationships with high-net-worth clients.
• Strong analytical and problem-solving skills.
• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).

Key Competencies:

• Client relationship management
• Financial acumen
• Sales and business development
• Risk management
• Market analysis
• Customer service orientation.