SBM Bank
Job Vacancy: Head of Credit Administration
SBM is a leading Financial
Services Group present in Mauritius, Kenya, India, and Madagascar and with a
representative office in Myanmar. With our entry to Kenya, the Group is
expanding into the East African region.
SBM is one of the leading
financial institutions in Mauritius, with total assets of USD 4.37 Billion
(KES437 billion) as at December 2016. SBM Holdings Ltd is listed on the Stock
Exchange of Mauritius, with a market capitalisation of USD 593 M (KES 59.3
billion) as at 31st January 2017, representing third largest listed company in
Mauritius.
As a Group, human capital is
at the heart of our development. In our quest to be the Employer of Choice, we
are laying increasing emphasis on developing and nurturing our talent pool. SBM
is a reference for creating talent for the world of tomorrow.
Open your door to success by joining us in the following challenging position:
Open your door to success by joining us in the following challenging position:
Head of Credit Administration
Ref: SBMK/HCA/02/17
Reporting to the Chief Risk
Officer, will supervise the maintenance of the entire documentation associated
with all credit applications, credit support, control systems and other
practices necessary to manage the outstanding risk assets of the Bank to normal
repayment and to properly and effectively monitor credit risk.
She/he will also design,
review and implement credit administration structure and procedures within the
bank.
Core Responsibilities:
Core Responsibilities:
- Ensuring that
all conditions precedent for credit facilities are in place and the
necessary deferrals / waivers sought from Management Credit Committee,
prior to signing off for disbursement of all credit facilities;
- Ensuring post
disbursement compliance with approved terms and conditions, assignment of
rights, review expiry of credits, progress payment insurance etc
- Review loan
documents and liaise with internal and external parties to ensure proper
and efficient delivery of credit administration duties
- Provide
information to Finance Department to assist in the preparation of
monthly/quarterly reports to Central Bank of Kenya e.g. monthly reports
etc
- Monitor all
irregularities, past dues, documentation deficiencies, etc., and report to
Executive Management / Management Credit committee
- Ensure
compliance with the internal policy, credit approval terms and conditions,
regulatory ratios / policies etc;
- Ensure that
there is a robust process for the safe custody and control of all security
documents
- Supervise the
Credit Administration team to ensure adherence to good credit
administration practices;
- Provide
training for Business Units & coaching for Credit Risk Management
staff on credit related topics
- Review daily
system credit monitoring and management reports and identify non-
performing accounts with irregularities and proactively follow-up to
ensure corrective action is taken in line with credit policy
- Responsible
for collateral valuation, collateral monitoring and collateral
reconciliation with original documents
Qualifications, Experience
& Skills:
- Degree in
Business field preferably in Finance / Accounting) or a relevant
professional qualification
- Postgraduate
qualification will be added advantage
- Seven (7)
years, 3 years of which should have been in management position
- Knowledge of
Central Bank’s regulatory requirements on lending and reporting
- Computer
literacy with proficiency in Microsoft suite and also familiar with the Bank’s
credit software
- Proactive
problem solver with excellent credit and analytical skills
- Knowledge of
the Bank’s credit policies and procedures
- Good credit
analysis skills.
- Excellent
managerial and decision making skills
- Strong
marketing/ business development acumen
- Strong
administrative, communication and people management skills,
- Strong ethical
& professional values, autonomous & result oriented with a clear
determination to succeed.
How to Apply
If you believe in taking new
challenges with the right mindset and match the job profile, please send your
application letter with your C.V. to:
The Manager, Human Resources,
SBM Bank (Kenya)
Limited,
Head Off ice, IPS Building,
6th Floor, Kimathi Street,
P.O. Box 34886-00160,
P.O. Box 34886-00160,
Nairobi, Kenya
or email to careers@sbmbank.co.ke
Website: www.sbmbank.co.ke
All applications should be
received by latest, Friday 30th June, 2017.
Kindly note: All applications will be dealt with in
strict confidence.
The Bank reserves the right
to call only the best candidates for interview and not to fill this position
following this advertisement.
SBM Bank is a reference for
creating talent for the world of tomorrow.
SBM Bank is an Equal Opportunity Employer.
One step in the right direction and a giant leap for your career.
One step in the right direction and a giant leap for your career.
