CREDIT MANAGER

The National Development Bank Limited (“NDB”) of Papua New Guinea invites applications for the vacant position of CREDIT MANAGER.

Reporting to the Head of Credit, the Credit Manager is responsible for the assessment of credit applications in accordance with NDB’s Credit Policy. The role is part of a small, centralized team within head office at Waigani interacting with NDB’s branch network and other relevant departments within HO.

Functionality

• Check all information as required has been submitted by the branch to support the application and allow assessment;
• Assess applications using NDB’s lending criteria, financial analysis and publicly available information on the economy, relevant industry and business/company;
• Analyze historical and forecast financial statements using ratios and other data to determine the degree of inherent credit risk for each application;
• Structure facilities in accordance with borrowers requirements;
• Interaction with front office, client facing teams in HO and branches;
• Mentor loan writers, including the manner in which applications should be presented and the information that is required;
• Participate in in-house training, as required.

Required Attributes

The ideal candidate will have:

• 5 years or more experience as credit or financial analyst within a bank, investment bank, financial institution or corporate entity;
• Detailed understanding of business structures, dynamics and processes in varying industries;
• Strong analytical and problem-solving skills;
• Strong financial statement analysis and financial modelling skills;
• Strong knowledge of finance theory, including capital structure and business valuations;
• Knowledge of security documentation;
• Experience in the interpretation of and working within a bank’s credit policy;
• Relevant bachelor’s degree from a recognized institution in accounting;
• Proficiency in MS suite of products; and;
• Excellent people and communication skills.

NDB IS OFFERING AN ATTRACTIVE PACKAGE TO ATTRACT THE RIGHT CANDIDATE

Please forward written applications with a detailed resume including names of three referees, to:

HR Manager

Human Resources Department,

National Development Bank Limited, P. O. Box 686, WAIGANI, NCD, PNG

or email to: [email protected].

Applications close on Friday, 27^th June 2024

ONLY SHORT-LISTED APPLICANTS WILL BE NOTIFIED