- Company: Absa Group
- Location: Zambia
- State: Lusaka
- Job type: Full-Time
- Job category: Banking Jobs in Zambia
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary
To vet the scanned Loan documents. Capture/update customer details and create loan accounts for onward credit scoring.
Job Description
Loan Processing 90%
- Ensure that all Loans i.e. customer/ Staff loan applications and overdrafts are processed within the agreed SLA for all the branches in your cluster.
- Monitor and manage CRB requests on daily basis
- Bulk SAP Processing and Staff Advances
- SAP reconciliation daily
- Query resolution and other loans queries from Branches
- Management of Skeletal accounts and data sheets
- STO Maintenance upon receiving requests from collections
- Authentication of accounts In credit i.e. UA08 Report-Accounts in credit and Nil Balances
- Reconciliations of suspense accounts for Loan refinancing and Electronic fund transfers
- Authorisations/Dropping of Overdraft
- Ensure all applications received comply with policy guidelines
- Maintain a diary system to ensure that conditions of sanction are compliant with and reviews are done in a timely manner i.e. Staff loans, Cash covered overdrafts etc.
- Monitor clearance of excesses on Staff accounts.
- General Filing.
- Provide daily statistics for Productivity measuring tool.
- Review all Staff applications and conduct a full assessment. Decline any cases that do not meet policy requirement. Escalate cases to supervisor/Credit Operations Manager
- Keep, and sustain a consistent MI showing trends, volumes, TAT, WIP management in your area of operation.
- Any other duties assigned to you by the Manager-Loans, Invoicing and Staff Accounts.
Risk & Control 10%
Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Absa Operational Risk Framework and internal Absa Policies and Standards.
Education
Higher Certificates and Advanced National (Vocational) Certificates: Business, Commerce and Management Studies (Required)
