Credit Bank is an established commercial bank and is rapidly
growing its branches so as to
grow the network. To support our growth strategy, we are looking for dynamic,
proactive professionals with strong credential and relevant work experience to
fill the positions below:
1. Head of Credit
Ref: HRHOC/001/13
Reporting to the Managing Director, the incumbent will lead
Credit analysts and the credit administration team to assess, monitor and
control all credit related activities in the Bank and ensure compliance with
the Bank’s internal policies, industry and other regulations.
Main Duties:
- Oversight
and management of credit analysis/appraisal, credit review and credit
administration functions
- Responsibility
for evaluation of credit processes including governance, loan origination,
approvals, collections, collateral management, provisioning and management
of bad debt.
- Accountable
for credit compliance and credit policy and procedures.
- Continuous
improvement of turnaround times of credit proposals.
- Interaction
with internal business teams to establish benchmarks for service levels
and quality standards.
- Improvement
of the quality of credit operations to cope efficiently with business
growth in line with the Bank’s strategy and goals.
- Develop
competences and skills in the departmental staff and creating conducive environment
that enables the bank retain quality staff
- Performance
Management in credit department by ensuring that targets are met at set
standards.
Minimum Qualifications and Experience
- A
Bachelors degree in a business related field from a recognized university.
- A
minimum 8 years experience in a commercial bank with at least 4 years at a
senior level in credit control and/or credit risk related functions.
- Hands
on experience in credit management in a commercial bank environment.
2. Credit Administration & Monitoring Officer
Ref: CADM/001/13
Reporting to the Head of Credit, the successful candidate will
be responsible for monitoring and ensuring that the credit portfolio is not
impaired.
Main Duties:
- Pro-active
monitoring of credit performance to ensure timely repayment.
- Monitoring
compliance by the Relationship Team of the credit approval conditions e.g.
securities, insurance, valuations, covenants, financial information, etc.
- Reviewing
loans and limits maintained in the system to ensure they are booked as per
the approval terms. i.e. amounts, interest rates and repayment period,
etc. and initiating corrective action where required;
- Preparation
of Credit Reports for daily, weekly and monthly review of portfolio at
risk.
- Maintain
an effective Early Warning reporting System of credit impairments and
taking corrective action.
- Able
to evaluate risk, monitor and ensure that loan recovery is carried out
timely and in an efficient manner.
- Liaising
with the bank’s Legal Department and outside debt recovery agents to
ensure timely action where default is identified.
- Propose
and implement work up procedures for impaired loans.
- Management
of the NPA portfolio.
Minimum Qualifications and Experience
- Holder
of Bachelors degree in a business related field. Credit management
qualifications will be added advantage
- 5
years banking experience, 3 of which should be in Credit Administration or
Credit Management.
- Must
be self-driven; possess excellent communication and interpersonal skills,
strong organization and negotiation skills.
- Creative,
ambitious, self-driven and results-oriented with an understanding of
performance driven business.
3. Credit Analyst
Ref: CA/001/13
Reporting to the Credit Manager, the job holder will be
responsible for undertaking credit appraisals in order to ensure a profitable
line of business and a quality loan book.
Main Duties:
- Authenticate
documentation presented for all credit applications and ensure they meet
the KYC requirements and any other requirements as required by the Bank
and by the regulators.
- Appraise
and make recommendations on credit proposals.
- Ensure
compliance with the Bank’s Credit Policy, procedures and Service Level
Agreements.
- Continuously
monitor and proactively manage risk/exposure for assigned portfolio.
- Ensure
all post approval activities, including conditions precedent to
disbursement are complied with.
- Prepare
management reports and statutory returns.
- Participate
in credit product reviews and development.
- Manage
customer and stakeholder relations in accordance with agreed Service Level
Agreements.
Minimum Qualifications and Experience
- A
degree in Commerce, Statistics, Business Management or Marketing.
- Professional
banking qualifications will be added advantage.
- At
least 4 years working experience in credit analysis and administration.
- Excellent
skills in analysis of Credit and Financial statements.
- Good
report writing and presentation skills.
- Excellent
communication, interpersonal, organizational, and negotiation skills.
- Ability
to work independently, consult and clarify where necessary and make
informed and firm decisions
If you believe that you have the required qualifications and
experience to fill in the above position, kindly send your detailed resume
together with a cover letter clearly indicating the Ref number to reach the
undersigned by 14th March 2013;
Head of Human Resources,
Credit Bank Limited,
P.O. Box 61064-00200,
Credit Bank Limited,
P.O. Box 61064-00200,
Nairobi
or career@creditbankltd.co.ke
Only short listed candidates will be contacted.