Summary
Date Posted: Monday, June 13, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
The Citizens Economic Empowerment Commission a Body Corporate established under the Citizens’ Economic Empowerment Act No. 9 of 2006 to enhance broad-based economic empowerment, foster citizens’ economic ownership, control and management of economic resources, as well as to promote economic empowerment of targeted citizens is inviting applications from suitably qualified Zambians to fill the following position:
SNR Credit Officer (Project Finance) (1 Position) – Lusaka
Reporting to the Credit Manager, the ideal candidate will be responsible for Implementing the Commission’s credit and risk management function with a specialization in Project Finance.

Duties and Responsibilities
• Provide support to the Credit Manager
• Provide support in the evaluation of the Commission policies and procedures as they relate to enterprise risk management;
• Propose loan conditions that contribute to project viability and sustainability;
• Liaise with Financial Institutions contracted to undertake Credit Management services in submission of business plans and receipt of copies Term Sheets and Loan Agreements;
• Review collateral documentation received from the Credit Managers and ensure the Certificates of Title are securely kept in the safe;
• Ensure that funds for approved projects are sent to Credit Managers on time;
• Ensure that the Commission receives reports specified in the Credit Management Agreement on time from Credit Managers;
• Reconcile loan statements before release of title and closure of loan accounts;
• Monitor and report on the compliance of Credit Managers with the Credit Management Agreement and guidelines;
• Submit monthly reports to Credit Reference Bureau on time;
• Prepare credit reports at product, Credit Manager and provincial levels;
• Monitor all loans under management through Credit Managers and ensure 100% raiment rate is maintained;
• Assist in the formulation, implementation and periodic review of the Credit Policy, Risk Policy, Credit Procedure Manual, Risk Procedure Manual and other guidelines under the Credit & Risk Department;
• Assist in identifying, assessing, quantifying and mitigation risks to the Commission by developing a robust risk management system;
• Assist in updating the risk register for the Commission;
• Provide support in undertaking risk assessment on Project Finance/Micro Credit/Construction Finance Initiative projects

Qualifications
• Grade Twelve (12) Certificate
• Master’s Degree in Commerce, Finance & investment, Banking or related field
• Prior credit administration/risk knowledge an advantage
• At least 8 years working experience in credit management in a bank or financial institution.

Work Hours: 8

Experience in Months: 96

Level of Education: Bachelor Degree

Job application procedure
Interested candidates meeting the above profile should submit application letters enclosing an updated Curriculum Vitae and copies of the academic and professional certificates to the following address not later than 17 June 2022.
*The applications must be submitted in a sealed envelope indicating the position being applied for.
Note: Only shortlisted candidates will be contacted within two weeks after closure of the application period. Those who will not hear from us in the stated period should consider themselves unsuccessful.
The Director General
Citizens Economic Empowerment Commission
Plot 6457, Los Angeles Boulevard
Longacres
P.O Box 35068
To apply for this job please visit www.ceec.org.zm.

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