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Credit Operations Team Leader Job in Kenya - East Africa Banking Industry

Career Opportunities in Banking

Our client is a leader in East Africa banking industry, whose primary focus is corporate and institutional banking.

Their brand promise is providing an efficient and personal banking experience to corporates, foreign missions, NGOs and the high end personal banking market. They offer a wide range of products and services that are relevant and cutting edge.

Our client is seeking to recruit a 
Team Leader – Credit Operations.

Job Title: Team Leader - Credit Operations

Division: Credit Risk Management

Reports To: Head of Credit Administration

Industry: Banking/Financial Services

Job Purpose

To handle group credit facilities disbursements for all business segments and syndicated loans while ensuring absolute data integrity.

The role also handles loan repayment for scheme companies and carries out query management related to credit facilities data input in liaison with both internal and external stakeholders.

Key Responsibilities
  • Reviews, commits and authorizes all core banking systems, data input (loan disbursements, overdraft and non-funded facilities marking and static data amendments) done by team members to be in conformance with Facility Maintenance Memo (FMM) within the provided Turn around Time (TAT).
  • Ensures that there are no losses on income streams by accurately collecting facility fees, commissions and other charges as per approval as contained in the FMM.
  • Consistency in adherence to and effective application of established credit administration systems (policies, processes, and tools) to achieve optimal compliance, efficiency and cost containment.
  • Participate in the management of check off loans by sending repayment schedules and applying received payments
  • Issuance of Insurance Premium Declaration (IPD) to Bancassurance Department whilst ensuring premium sharing is correctly computed.
  • Participates in reconciliation of General Ledger (GL) accounts (Suspense and Holdover)
  • Reviews, commits and authorizes all financial and static data originated by inputters in relations to credit facilities disbursements and amendments within the set Authority Matrices. Accuracy of these data is paramount in all aspects.
  • Full utilization of the Credit Policy, Process and Procedure Manual, Core-Banking system User Manual and other supportive process, procedures and legislation
  • Generates and circulate/shares daily output report with Head CAU while declaring any log jams.
  • Manages the check off accounts in terms of schedule generation, repayment receipts, repayment diary maintenance and escalations to risk management team in cases of repayment delays or non-receipt
  • Undertakes proper and up-to date filing of all FMM and other credit operations related communications.
  • Provides effective leadership to the Credit Operations team
Competence Requirements
  • Absolute knowledge in credit facilities pricing models and product knowledge.
  • Numerical skills extended to good understanding of compounded interest computation.
  • Sufficient knowledge and understanding of core banking system (credit and operations modules/menus) and other peripheral automated Credit systems
  • Interpersonal skills to effectively communicate with and manage expectations of customers and other stake holders.
  • Knowledge and effective application of all relevant banking policies, processes, procedures and guidance to consistently achieve required compliance standards or benchmarks
  • Leadership to guide and manage the team towards high performance and creation of a conducive work environment.
  • Planning and organizing skills for effective planning and execution of tasks and projects within timeframes.
  • Good written and oral communication skills
  • Quality orientation to ensure consistency in adhering and uphold performance standards for SLAs and quality of documentation
  • Considerate understanding of certain functions departments namely Operations, EPM, IT, Treasury and Trade Services
  • Decision making levels – the role will be guided by Credit Policy, Process & Procedures Manual and Core Banking System Manual.
If you are interested in the position and have the skills and talents our client is looking for, we would like to hear from you.

Please forward an application letter indicating your suitability to this role, together with a copy of your updated CV, current salary and benefits package to before close of business 5th July 2011.

Only successful candidates will be contacted.

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