Our
client, Daraja Microfinance Bank (www.darajabank.co.ke) was licensed by Central
Bank of Kenya as a community Microfinance Bank for the Dagoretti Division,
since January 2015.
Daraja’s
target market is the Micro and Small Enterprises (MSEs), their owners and
employees with the underlying goal being to help both individuals and groups
achieve their financial goals.
They
are seeking to recruit a highly talented professional to fill in the following
position in their Nairobi office:
ICT
Manager
Reporting
to the Chief Executive Officer, this is a position responsible for leading and
directing Information Technology strategy, product development, technology
infrastructure and operations capability for the Company.
The
incumbent will also ensure that demands and requirements are balanced within
the IT and business divisions.
Principal Accountabilities
- Developing
and executing an ICT Strategy and related ICT standards in support of and
to enable the overall company strategy
- Positioning
ICT as a proactive technology driver, whilst maintaining a collaborative
delivery focus
- Recommending
and motivating new services based on market trends, customer needs and the
Company’s strategy
- Taking
responsibility for managing the relationships and processes with
regulators, industry stakeholders and internal stakeholders and software
vendors.
- Aligning
ICT objectives and programs/projects to enterprise – wide objectives and
strategies
- Establishing
networking environment by designing system configuration; directing system
installation; defining, documenting, and enforcing system standards.
- Facilitating
product development along the ABC module.
- Risk
identification and coming up with mitigations around the system
- Designing
and enforcing network systems policies and procedure
Qualifications, Experience and Knowledge
- Degree
in Computer Science, IT, or any related field
- A
minimum of 5 years of experience with 2 years in leading a technology
organization in financial services industry
- Should
have recognized professional certifications in IT
- Experience
in developing products, product positioning, launching new products and
developing and executing go – to – market strategies.
- Should
have proven in IT innovations
- Strong
business case & analytical abilities
Principal Officer
Reporting to the Chief Executive
Officer, this is a position responsible for providing leadership and managing
the activities of the insurance brokerage firm by developing and maintaining
good working relationships with clients.
Principal Accountabilities
- Source and secure new businesses, building and
managing a customer portfolio;
- Ensure new clients are provided with
quotations and continuous follow up is in place
- Undertake market research in order to identify
and recommend competitive products and services
- Deal with client issues in regard to
insurance; claims, underwriting and other duties as may be assigned
- Responsible for the overall operations of the
business and will be specifically responsible for compliance and all
affairs of the regulator
- Liaise with the regulator and provide all
necessary reports
- Provide reports on the state of the business
to senior management and the Board;
- Gaining new business by identifying and
exploiting opportunities in the market
- Increasing profitability of existing product
lines by encouraging clients to use added value services wherever possible
- Ensuring credibility with clients by
maintaining detailed knowledge of current market conditions and
competitors’ products;
- Builds company image by collaborating with
customers, government, community organizations, and employees; enforcing
ethical business practices.
- Direct and coordinate organization’s financial
and budget activities to fund operations, maximize investments, and
increase efficiency.
- Review financial statements, sales and
activity reports, and other performance data to measure productivity and
goal achievement.
Qualifications, Experience and
Knowledge
- Degree in commerce - Finance / Banking /
Insurance option
- Diploma in Insurance (AIIK or ACII)
- 6 years’ experience in the insurance industry
with extensive knowledge of marketing
- Knowledge of the Insurance products and
services and IRA regulations
Credit Administration Officer
Reporting to the Credit Manager, this
is a position responsible for ensuring proper credit administration and loan
recovery.
Principal Accountabilities:
- Appraising and making recommendations on
credit proposals and ensuring compliance with the institution’s credit
policy & procedures
- Vetting and analyzing collaterals/securities
provided for approved facilities against facility terms and conditions
- Monitoring and periodic reviews of customer
and their credit lines to ensure recovery strategies are performed.
- Ensuring that all weekly, monthly and
quarterly credit risk reports are properly prepared and presented to
management for review.
- Authenticating documentation presented for all
credit applications and ensuring that they meet the KYC requirements.
- Enhancing credit risk management techniques in
the credit administration
- Maintaining credit files and updating all the
credit documents
Key Skills and Qualifications:
- Diploma in finance, accounting or related
field
- Minimum of 2 years’ experience in a credit
function in a financial institution
- Experience in financial auditing is an added
advantage.
- Excellent communication and presentation
skills with outstanding reporting skills.
Credit Analyst
Reporting to the Credit Manager, the
Credit Analyst will be responsible for undertaking credit appraisals in order
to ensure a quality loan book as well as making recommendations to the
Management on each credit proposal in accordance with the Bank’s Credit Policy.
Principal Accountabilities:
- Review and make recommendations to the Credit
Manager relating to all new facilities
- Responsible for extensive analysis of
financials of the borrower(s) to establish their financial credentials
- Ensure critical risk monitoring of loan
portfolio, highlighting specific action points for accounts in excess/over
approved limits and loans in arrears
- Daily review of the overdraft referral list
and loan arrears report and factoring the same in the analysis (for the
existing customers);
- Prepare and check offer letters in line with
the approval terms and conditions
- Prepare credit reports, statutory returns, manage
risk and ensure compliance with bank’s credit policy and procedures
- Conduct risk profiles of various business
sectors to act as guidance in assessments of related credit applications
- Analyze the loan book in terms of credit risk
exposures to the bank and provide advice on courses of action for
individual facilities
- Ensure compliance of all internal and
regulatory credit/other portfolio related policies
- Ensure timely submission of quality Quarterly
Credit Reports
Key Skills and Qualifications:
- Bachelor’s degree in Finance or Accounting or
related field
- Professional qualifications - CPA (K) / ACCA
- Minimum of 3 years’ experience in credit
analysis in a financial institution
- Strong analytical and problem solving
abilities, highly numerate and inquisitive.
Credit
Manager
Reporting
to the Chief Executive Officer, this is a position responsible for the overall
leadership of the credit management function and successful attainment of a
healthy loan portfolio through risk mitigation.
Principal Accountabilities:
- Manage
the daily administration for loan documentation in full compliance with
the internal standards and external regulatory requirements
- Review
loan documents; ensure completeness as per the company policy and
procedures with respect to amount of finance, terms and conditions and
liaise with internal and external parties to ensure proper and efficient
administration of duties
- Conduct
periodical review on loan administration policy and procedures to
streamline workflow
- Generate,
review and maintain loan disbursement reports for presentation to credit
committees, and provide monthly reports on the same, in accordance to the
credit policy and guidelines.
- Responsible
for collateral valuation, collateral monitoring and collateral
reconciliation with original documents, weekly monitoring of any pledged
shares value to ensure compliance of coverage ratio and advise Corporate
Credit to request top up in case of workflow.
- Ensure
post disbursement compliance with approved terms and conditions,
assignment of rights, review expiry of credits, progress on payment,
insurance etc.
- Review
daily system credit monitoring and management reports and identify non
performing accounts with irregularities and proactively follow-up to
ensure corrective action taken in line with credit policy.
- Monitor
all irregularities, past dues, documentation of deficiencies and report to
senior management.
Qualifications, Experience and Knowledge:
- Degree
in Finance, Banking, Accounting or related field.
- Professional
qualifications in Credit Management, CPA (K) or ACCA
- A
minimum of 6 years of experience in credit operations with 2 years in a
supervisory role
- Should
have thorough understanding of the Banking Act and Central Bank
regulations
- Experience
in developing lending products in a financial industry
Interested candidates are requested to forward their updated CVs
to recruit@virtualhr.co.ke by 9th May 2016 stating their current and expected
remuneration, daytime telephone contacts and addresses of three referees.
Only
shortlisted candidates will be contacted.