Head Of Credit - Reporting To Managing
Director
Responsible for overall leadership and successful attainment of a good quality asset book through risk mitigation while optimizing the profitability and sustainable growth ofthe Bank.
Qualifications
- Bachelor’s
degree in Commerce with a bias in Finance;
- Masters
degree in an appropriate discipline e.g. Msc Finance or MBA Finance
- Professional
qualifications in ACCA/CPA/CFA;
- Proven
experience of at least ten years in a reputable bank ¡n credit
environment, 5 of which must be at senior level
- Knowledge
of International Accounting and Reporting Best Practices;
- Knowledge
of Prudential guidelines and CBK reporting requirements;
- Must
be adept in use of Ms Office packages and well versed with banking
systems.
Key Responsibilities
- Continuously
review, implement and administer the organization’s Credit strategies,
policies and procedures.
- Create,
implement and administer sound reporting systems, portfolio management,
approval and documentation systems.
- Provide
technical support to new product development and ensure risks are
mitigated.
- Ensure
that all financing requests and approval procedures and processes comply
with the bank’s policies and procedures.
- Ensure
adherence to CBK guidelines and monitor exposures to the various sectors.
- Present
accurate and timely facility proposals and reports to the relevant Board
Commitee.
- Evaluate
third-party risk analysis of facilities and make appropriate
recommendations.
- Oversee
post-approval assessment of facilities and initiate appropriate follow-up
action.
- Oversee
proper operation and maintenance of facilities, ensuring effective
monitoring, and manage notable deterioration of the portfolio.
- Train
Credit analysts and relationship officers/managers, Branch Managers to
enhance their skills and knowledge in Credit appraisals.
- Carryout
periodical stress tests on the Asset book to examine quantitative impact
on bottom line and capital levels based on different scenarios.
- Detect
shifts or changes in key risk parameters in a business relationship or in
the industry/sector and evaluate the implications of such changes on
continued dealings.
- Set
and review risk acceptance criteria on sectors, securities, currencies and
maturities.
- Provide
leadership and guidance to direct reports through effective planning,
delegation, communication, training, mentoring and coaching.
- Establish
and maintain a system that fosters a culture of teamwork, employee
empowerment and commitment to the department’s and the Bank’s goals.
- In
collaboration with the Human Resource Department, develop and implement a
succession planning programme for the Credit department to facilitate
continuity and availability of required skill and competencies to meet the
needs of the Department.
- Implement
directives from the Managing Director and Board.
Applications to be sent to the address below on or before 23rd
November 2012
DN: 1399
PO. Box 49010-00100 Nairobi
