Credit Bank Job Opportunities March 2013

Credit Bank is an established commercial bank and is rapidly growing its branches so as to grow the network. To support our growth strategy, we are looking for dynamic, proactive professionals with strong credential and relevant work experience to fill the positions below:

1. Head of Credit

Ref: HRHOC/001/13
 

Reporting to the Managing Director, the incumbent will lead Credit analysts and the credit administration team to assess, monitor and control all credit related activities in the Bank and ensure compliance with the Bank’s internal policies, industry and other regulations.

Main Duties:

• Oversight and management of credit analysis/appraisal, credit review and credit administration functions
• Responsibility for evaluation of credit processes including governance, loan origination, approvals, collections, collateral management, provisioning and management of bad debt.
• Accountable for credit compliance and credit policy and procedures.
• Continuous improvement of turnaround times of credit proposals.
• Interaction with internal business teams to establish benchmarks for service levels and quality standards.
• Improvement of the quality of credit operations to cope efficiently with business growth in line with the Bank’s strategy and goals.
• Develop competences and skills in the departmental staff and creating conducive environment that enables the bank retain quality staff
• Performance Management in credit department by ensuring that targets are met at set standards.

Minimum Qualifications and Experience

• A Bachelors degree in a business related field from a recognized university.
• A minimum 8 years experience in a commercial bank with at least 4 years at a senior level in credit control and/or credit risk related functions.
• Hands on experience in credit management in a commercial bank environment.

2. Credit Administration & Monitoring Officer

Ref: CADM/001/13
 

Reporting to the Head of Credit, the successful candidate will be responsible for monitoring and ensuring that the credit portfolio is not impaired.
 

Main Duties:

• Pro-active monitoring of credit performance to ensure timely repayment.
• Monitoring compliance by the Relationship Team of the credit approval conditions e.g. securities, insurance, valuations, covenants, financial information, etc.
• Reviewing loans and limits maintained in the system to ensure they are booked as per the approval terms. i.e. amounts, interest rates and repayment period, etc. and initiating corrective action where required;
• Preparation of Credit Reports for daily, weekly and monthly review of portfolio at risk.
• Maintain an effective Early Warning reporting System of credit impairments and taking corrective action.
• Able to evaluate risk, monitor and ensure that loan recovery is carried out timely and in an efficient manner.
• Liaising with the bank’s Legal Department and outside debt recovery agents to ensure timely action where default is identified.
• Propose and implement work up procedures for impaired loans.
• Management of the NPA portfolio.

Minimum Qualifications and Experience

• Holder of Bachelors degree in a business related field. Credit management qualifications will be added advantage
• 5 years banking experience, 3 of which should be in Credit Administration or Credit Management.
• Must be self-driven; possess excellent communication and interpersonal skills, strong organization and negotiation skills.
• Creative, ambitious, self-driven and results-oriented with an understanding of performance driven business.

3. Credit Analyst

 

Ref: CA/001/13
 

Reporting to the Credit Manager, the job holder will be responsible for undertaking credit appraisals in order to ensure a profitable line of business and a quality loan book.
 

Main Duties:

• Authenticate documentation presented for all credit applications and ensure they meet the KYC requirements and any other requirements as required by the Bank and by the regulators.
• Appraise and make recommendations on credit proposals.
• Ensure compliance with the Bank’s Credit Policy, procedures and Service Level Agreements.
• Continuously monitor and proactively manage risk/exposure for assigned portfolio.
• Ensure all post approval activities, including conditions precedent to disbursement are complied with.
• Prepare management reports and statutory returns.
• Participate in credit product reviews and development.
• Manage customer and stakeholder relations in accordance with agreed Service Level Agreements.

Minimum Qualifications and Experience

• A degree in Commerce, Statistics, Business Management or Marketing.
• Professional banking qualifications will be added advantage.
• At least 4 years working experience in credit analysis and administration.
• Excellent skills in analysis of Credit and Financial statements.
• Good report writing and presentation skills.
• Excellent communication, interpersonal, organizational, and negotiation skills.
• Ability to work independently, consult and clarify where necessary and make informed and firm decisions

If you believe that you have the required qualifications and experience to fill in the above position, kindly send your detailed resume together with a cover letter clearly indicating the Ref number to reach the undersigned by 14th March 2013;
 

Head of Human Resources,
Credit Bank Limited,
P.O. Box 61064-00200, 

Nairobi
 

or career@creditbankltd.co.ke
 

Only short listed candidates will be contacted.