Tourism Finance Corporation (TFC) is
the leading Development Financial Institution (DFI) providing affordable
and accessible financial facilities and advisory services to the Tourism industry.
and accessible financial facilities and advisory services to the Tourism industry.
TFC’s
mission is to develop and diversify Kenya’s Tourism industry by providing a
range of advisory and financial services to investors in tourism related
enterprises.
Reporting
to the Managing Director, the holder maintains functional and administrative
oversight of the Credit department with a view to managing the credit risk on
the loan portfolio in a most profitable and cost effective manner and in line
with best practice worldwide.
Key
Responsibilities Tasks
·
Formulate and implement strategies
and action plans to minimize credit risks, prevent losses, maximize
recoveries and profits.
recoveries and profits.
·
Supervise and review on an ongoing
basis both the Lending Policy and the Lending Manual of the
Corporation.
Corporation.
·
Maintain quality of lending portfolio
through management and monitoring of documentation
compliance, disbursements, data integrity, corporate scheme loan management etc. in support of business
strategy. This includes ensuring securities are adequate and enforceable and, held in safe custody in the
interest of the Corporation.
compliance, disbursements, data integrity, corporate scheme loan management etc. in support of business
strategy. This includes ensuring securities are adequate and enforceable and, held in safe custody in the
interest of the Corporation.
·
Develop and implement control systems
to ensure that loans are given in accordance with the Lending
Policy guidelines approved by the Corporation.
Policy guidelines approved by the Corporation.
·
Co-ordinate the preparation and sound
implementation of the budget for the department to facilitate
allocation of resources.
allocation of resources.
·
Co-ordinate and set performance
objectives, standards and targets of the staff.
·
Maintain overall functional and
administrative responsibility of the department.
·
Receive and review periodic reports
of the Department to facilitate decision-making by the Managing
Director, Management and the Board of Directors.
Director, Management and the Board of Directors.
·
Prepare reports that pertain to
credit risk management to the Board of Directors and Management
·
Reconcile existing and approved
provisions, write backs and write offs with the general ledger for audit
and management reporting
and management reporting
Job
Competencies
·
Master’s degree
·
Bachelor’s degree in a business
related field
·
Professional qualifications and
membership to a professional body e.g. CPA/ACCA
·
Up to 7 year experience with 5 years
in a supervisory role
·
Financial analysis and appraisal
Skills
·
Reporting presentation skills
·
Leadership skills
Shortlisted
candidates will be required to provide the following documents:
·
Clearance certificate from HELB
·
Clearance for Ethics and
Anti-Corruption and Commission
·
Certificate from a Credit Reference
Bureau
·
Certificate of Good Conduct from the
Directorate of Criminal Investigation
·
Tax Compliance Certificate from Kenya
Revenue Authority.
Applicants
are invited to send a cover letter illustrating their suitability for the above
position against the listed qualifications/competencies and skills, a detailed
and updated CV, copies of relevant certificates and testimonials, details and
contacts of three professional referees, as well as current and expected
remuneration to reach the undersigned by 2 December, 2016.
Only
shortlisted candidates will be contacted.
Managing Director
Tourism Finance Corporation
Utalii House, 11th Floor
P.O. Box 42013, 00100
Nairobi
Tourism Finance Corporation
Utalii House, 11th Floor
P.O. Box 42013, 00100
Nairobi
recruitment@tourismfinance.go.ke
TFC
is an equal opportunity employer
www.tourismfinance.go.ke 
