Monitoring Officer Job Opportunity at NMB Bank
Position: Monitoring Officer
Contract Type: Fixed Term – 2 Years
Location: Head Office
About the Role
NMB Bank is seeking a dedicated Monitoring Officer to support the Credit Administration Unit. The role involves overseeing the post-approval process for credit facilities, ensuring documentation accuracy, compliance, and effective loan monitoring to reduce credit risks.
Key Responsibilities
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Review conditions attached to credit approvals and ensure timely compliance.
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Monitor collateral by tracking land rent payments, insurance renewals, and facility reviews.
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Regularly assess the credit portfolio and alert business units on upcoming renewals.
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Follow up on overdue accounts, overdraft facilities, and unauthorized transactions.
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Identify early warning signs of account deterioration and escalate for action.
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Update and maintain collateral records in the Collateral Management Tool (CMT).
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Coordinate the discharge of collateral for settled facilities.
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Ensure timely resolution of credit exceptions.
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Support internal and external audits to meet compliance standards.
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Guide loan documentation and regulatory requirements.
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Participate in credit-related projects, system enhancements, and process improvements.
Required Skills & Knowledge
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Solid understanding of loan portfolio management and NMB lending policies.
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Strong computer literacy, especially in Excel and data analysis.
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Excellent communication, negotiation, and time-management skills.
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Accuracy, attention to detail, and ability to work under pressure.
Qualifications & Experience
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Bachelor’s degree in Banking, Finance, Accounting, Economics, Statistics, or related field.
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At least 2 years of banking experience, including 1 year in retail lending.
Why Join NMB Bank?
NMB Bank Plc is an equal opportunity employer, committed to diversity and gender balance in the workplace. Female applicants and people living with disabilities are highly encouraged to apply.
⚠️ Important Notice: NMB Bank does not charge any fee during the recruitment process. If you are asked to pay, kindly disregard such requests.
Application Details
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Opening Date: 22nd September 2025
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Closing Date: 6th October 2025
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How to Apply: Click Here to Apply
Only shortlisted candidates will be contacted.
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