Credit Monitoring and Reporting Officer
How to Apply
How to Apply
Contribute to the overall risk
management strategy of maintaining/ reducing the level of risk as business
expands.
Qualifications
o Bachelor’s degree in a business or finance related field.
o 3 years’ experience in all aspects of lending i.e. risk
assessment, monitoring and control of loans
o Loan documentation and securities.
o Advanced knowledge in data analytics, MS-Excel.
Responsibilities
o To ensure loan schedules are correctly computed and set up in
the core banking system (Principal & Interest)
o To ensure the IFRS 9 runs are conducted on a monthly basis
o To ensure the written contracts are maintained in the system
o To ensure daily recovery reports are available
o To ensure Loan Risk Classification is correct as per Central
Bank’s prudential guidelines
o To undertake detailed portfolio analysis and identify early
warning signs so as to inform decisions
o To undertake scenario & Sensitivity Analysis to assess
impact of undesirable macro-economic and other industry effects on loan
portfolio and advise management
o To ensure loan portfolio recovery Process complies with Credit
Policy and relevant regulation
o To undertake data clean up and ensure various employers are
mapped correctly as per MOUs, correct portfolio relationship officer
responsibility mapping
o To monitor portfolio sector Limits and advise management on
trends
o To prepare in a timely manner all credit department reports
which includes Old Mutual Group reports
o To undertake product set up reviews in the core banking system
as per the approved fact sheet and assurance of other core system
functionalities
o To participate in all internal and external credit audit
exercises, track and monitor audit recommendations to ensure closure
o Monitor, on a continuous basis, all transactions to ensure that
unusual and suspicious transactions are reported to the Money Laundering
Reporting Officer (MLRO)
o Implementing and enforcing the board approved AML, KYC & CFT
policy in as far as is applicable within area of responsibility
How to Apply
Assistant Legal Officer
Reporting to the Head of Legal, the
job holder position will be responsible for handling perfection of Legal/Credit
Documentation relating to approved facilities by providing high level quality
support to Credit Department, business teams and related units while providing
independent control over the credit documentation and securitization process,
as well as General Conveyancing and Commercial.
Qualifications
o Bachelor of Laws degree from a recognized University
o Post Graduate Qualifications- Diploma in Law
o Advocate of the High Court of Kenya with current practicing
certificate
Responsibilities
o Processing of instructions to External Advocates upon receipt of
duly approved Credit Approval, observing turn-around time and high standards of
accuracy.
o Ensure the appropriate security documentation on the Bank’s
Standard forms have been properly prepared before execution by the Bank.
o Liaising with Branch, Credit Department and external legal
counsel on security documentation process and ensuring that security
documentation and other conditions of sanction have been perfected/ completed.
o Drafting and review of Bank’s contracts, commercial
agreements , Leases and Licenses and providing sound legal and
commercially focused advice to the business units on the same.
o Supporting Head of Legal in providing sound, accurate, decisive
and timely legal advice to Business Units.
o Managing external legal panel and security perfection processes
in a timely manner and advising the bank on the status of all matters.
o Reviewing the department’s processes and policies to ensure they
are in line with legal and regulatory requirements.
o Identifying, mitigating and escalating legal risk within a
formal reporting framework for the different business units and working with
function heads to mitigate risk.
o Keep abreast and advise on emerging, revised or new regulatory
requirements, Bills and regulations.
o Monitor, on a continuous basis, all transactions to ensure that
unusual and suspicious transactions are reported to the Money Laundering
Reporting Officer (MLRO).
o Implementing and enforcing the board approved AML, KYC & CFT
policy in as far as is applicable within my area of responsibility
