Retail Operations Officer Loan Processing Centre

13 ago - Veneto
absa

Empowering Africa’s tomorrow, together…one story at a time.

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.

Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa.You are possibility.

Job Summary

Support the end to end processing, maintenance and monitoring and control and of retail and SME assets products such as loans, cards, overdraft, excesses (including assessment and disbursement of retail and SME loans, new/renewal of overdraft, handling of insurance renewal and expired securities, Bancassurance, vetting for KYC compliance, customer file tracking and filing, monitoring and control of account in excess) as offered by the Bank from an operational perspective.





The standalone Bancassurance Insurance covers and loan related insurance covers sold to customers while acting as an Insurance Agent.

Blanket insurance covers taken by the bank on behalf of customers.

Insurance covers assigned by loan customers in favour of the bank.

The End to end MCIB processes from queries, capturing and reporting.

Job Description

Operations
- Assessment, approval, issuance of facility agreements and disbursement of retail and SME assets products such as non-scored loans/credit scored loans/card applications/overdraft facilities as per mandate/framework
- Support the day to day monitoring and control of all lending (both authorized and unauthorized) to the Consumer Sector including all related activities such as daily monitoring of out of order retail savings and current accounts as per policy rules, FOS authorizations, actioning of all excesses report.
- Apply operational rigour and comply with operational risk and standards at all times
- S

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