Wema Bank PLC Graduate Job- Apply now

April 5, 2025
Application deadline closed.

Job Description

Job Summary

• To objectively appraise loans and to ensure compliance with established Credit Policies and Procedures as well as extant Government laws and regulations. • To also proactively identify early warning signals that would lead to delinquent credits for quick remediation.

Job Details

  • Performs regular loan portfolio reviews based on risk and/or size of all credit types.
  • Ensures acceptable credit standards are maintained (verifies lien perfection, repayment capacity and collateral adequacy etc.)
  • Ensures Risk Asset creation conforms to the bank’s lending policies and procedures. Also, ensure compliance with relevant State and Federal laws and regulations
  • Ensures the creditworthiness of the loan portfolio, identify and report anomalies/ emerging risks that merit the review of the lending practices and/or adverse asset classification.
  • Identify problem loans and work to ensure quick remediation
  • Reviews bank’s processes (loan approvals, policy exception reporting, supervisory loan to value limits, underwriting, covenants, reporting, etc.)
  • Determines if proper approval procedures and loan authorities were adhered to before disbursement
  • Do periodic performance review to ascertain that loans are meeting expectations
  • Verify the quality, completeness and accuracy of supporting loan documentation and analysis
  • Periodically reviews files for appraisals, deeds of trust, perfection on liens, collateral evaluations, and valuations etc.

Requirements

  • Good knowledge of Core Banking Application – Finacle and Windows based PC (MS Word/Excel/PowerPoint/Outlook/ Power BI) Working Conditions. 
  • Knowledge of Credit/Lending laws and regulations
  • Strong analytical, technical and statistical skills
  • Sound working knowledge of accounting principles and financial statements
  • Strong report writing skills
  • Capability to effectively present information and respond to enquiries. 
  • Strong integrity in all areas, adhering to policies, regulations and utmost ethical and legal standards
  • Uphold confidentiality and privacy of findings in all situations
  • Interact and communicate effectively with personnel at various levels of the organization

PROFESSIONAL COMPETENCIES 

  • Education: Bachelor’s degree in business related field with emphasis in quantitative background e.g. finance, accounting, Business Administration or Statistics
  • Professional qualifications such as ACA, ACCA, ACIB, CFA etc. will be added advantage
  • A minimum of two-year experience in Loan Review or Credit and marketing functions.