Role Purpose
As the Senior Manager, Credit - Securities & Documentation, you will be responsible for leading the Securities and Documentation function. Your primary goal is to ensure the timely, accurate, and compliant preparation, verification, and execution of all corporate and non-corporate loan contracts, internal security documents, and related credit documentation. The role safeguards the Bank’s lending position by ensuring all documentation aligns with approved sanction terms, the Bank’s Credit Policy, CBK Prudential Guidelines, and all applicable legal and regulatory requirements. Additionally, you will provide strategic oversight on evolving legal, regulatory, and policy changes impacting credit documentation while ensuring effective covenant capture, monitoring, and risk mitigation.
Key Responsibilities
Signatory and Power of Attorney
- Serve as the Bank’s authorized signatory and holder of Power of Attorney for execution of loan contracts and internal security documents.
- Ensure all approvals are adequate and compliant with the Bank’s Credit Policy, Scheme of Delegation, and related annexures before documentation.
- Verify that all facility types, sanction terms, repayment structures, pricing, commissions, collateral requirements, and approval conditions are accurately reflected in loan contracts.
- Ensure collateral clauses are correctly structured to protect the Bank’s legal and financial interests.
- Review and confirm contract accuracy to minimize errors, omissions, and documentation risks.
- Provide timely and accurate reports relating to loan contracts and internal security documentation.
- Liaise with approving authorities to clarify contradictory or ambiguous sanction terms before execution.
Supervisory, Leadership, and People Management
- Lead and manage the team of Securities and Documentation Officers to ensure accurate, timely, and efficient processing.
- Oversee workflow through the Loan Origination System (LOS) while ensuring non-LOS transactions are effectively tracked.
- Monitor turnaround times (TATs), service level agreements (SLAs), and departmental productivity.
- Evaluate team performance regularly, identify skill gaps, and implement corrective measures.
- Coordinate effectively with Legal, Credit Administration, Relationship Management, and other stakeholders.
- Manage staff leave planning, handovers, performance reviews, and staff exit-related documentation.
Risk Management and Compliance Oversight
- Monitor legal and regulatory developments affecting lending and credit documentation.
- Liaise with Legal and Compliance teams to revise templates and documentation standards in line with new laws and policy changes.
- Ensure customer notifications for lending variations comply with applicable consumer protection and banking laws.
- Maintain covenant trackers and ensure proper monitoring, breach identification, and reporting.
- Conduct periodic reviews of executed contracts to confirm compliance with approved standards.
Training, Learning, and Development
- Build, mentor, and develop a high-performing documentation team.
- Conduct training for team members, relationship managers, and management trainees on credit documentation best practices, risk identification, and contract execution.
- Contribute to product development initiatives by ensuring documentation processes align with new product requirements.
Stakeholder Engagement
- Coordinate with Branch Teams, Relationship Managers, Credit Risk Managers, and Legal on credit documentation matters.
- Provide timely advisory support on documentation-related credit decisions.
- Guide Relationship Managers on documentation requirements to improve customer execution experiences.
Requirements
Academic and Professional Qualifications
- Bachelor’s degree in Commerce, Business Management, Economics, or a related field.
- Professional certifications in Credit Management, CPA, ACCA, Banking, or equivalent.
Experience
- Minimum 4–6 years of total relevant credit documentation and banking experience.
- Minimum 4 years of managerial experience in credit, lending operations, or related banking functions.
Required Skills and Competencies
- Strong analytical and interpretation skills with high attention to detail.
- Excellent numerical and risk assessment capability.
- Strong leadership and people management capability.
- Good knowledge of credit and trade finance products.
- Strong understanding of banking regulations (Banking Act, CBK Prudential Guidelines) and legal frameworks for securities.
- Proficiency in core banking systems and loan origination systems (LOS).
