| Officer Loan Review | |
| Bank Dhofar Oman Ref: HP787-09 |
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The RoleThe RolePrimary responsibility is to undertake Loan Reviews under Loan Review Mechanism Policy which involves independent and constant evaluation of the quality of loan book for bringing qualitative improvements in various processes such as credit approval, risk assessment, risk rating, credit administration, documentation / security processes, compliance with internal policies and regulatory norms etc; evaluation of portfolio quality. |
RequirementsRequirementsPrincipal accountabilities Evaluate credit appraisal , approval and risk assessment processes so as to identify major deviations from the internal guidelines , procedures and policies Review facility documentation and security held in the Account to identify any deviations / irregularities noticed in documentation vis-ΰ-vis sanction terms, credit policies and procedures. Review the process of release of facilities as per sanctioned terms, Banks guidelines and compliance with conditions for monitoring end-use of funds Review the correctness of details in the system in respect of limits, rates , validity, grades etc as per approved terms and ascertain the Account behaviour , instances of excesses , past dues etc Review the quality of post sanction follow up and supervision such as the mechanism followed in monitoring covenants, contract progress/ receivables and cash flows. Review risk rating of the Accounts as per the Banks policies Review the latest credit statistical data of the Borrower, classification status and appearance in caution list under BCSB system. Monitor compliance with the Banks policies and regulatory guidelines in overall credit management Preparation of review reports for MCC and monitor compliance / regularization by concerned divisions in respect of irregularities noticed in LRM. Preparation of reports of unresolved major deficiencies and follow up compliance with Wholesale Banking division. Ensuring that all loan reviews are conducted within the stipulated time frame , diarizing the approved facilities yet to be disbursed. Maintaining a standard / taking a lead role in completing the maximum reviews and by avoiding errors and lapses in communication and presentation |
About the CompanyAbout the CompanyEstablished on January 1 1990, Bank Dhofar is an Omani commercial bank wholly owned and managed by Omanis. With successive years of constantly setting new standards in banking, BD has attained an impressively expanding network of 50 operational branches and 89 ATMs. Through an international network linked by advanced technology, BD provides a comprehensive range of financial services that encompass personal financial services; commercial banking; corporate, investment banking and markets; private banking; and other activities. Its Board of Directors & Management Team consists of eminent professionals like accountants, management experts, economists, businesspersons, etc. The Bank has strengths in both retail and corporate banking and is committed to adopting the best industry practices internationally in order to achieve excellence. |
This Position is closed or expired
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