Overall Job Purpose
The Credit Evaluation Officer will be responsible for supporting the Business team in channeling
out quality credit applications.
Principle Accountabilities
- Supporting branches in packaging
credit proposals to ensure clarity for faster approval and adoption.
Relationship Management
·
- Provide the interface between
business and credit.
·
- Give quality feedback to the
business teams on the quality of applications and the areas of
improvement.
- Support the business teams in
serving their customers in a timely manner customer by giving prompt
feedback
- Give business reports on loans
processed and declined to help in decision-making.
- Appraising borrower information
to determine ability to service loan for purposes of adherence to the
lending policy. This is done through various analysis templates depending
on limits and nature of income of borrowers. (In i-apply). This includes
but not limited to:
- Identify loan product requested
by the customer and the requirements.
- Ensure the necessary KYC
requirements have been adhered to, call backs on employment letters,
statements etc. have been performed.
- Conduct thorough analysis of
financial statements and assessment of credit requests, through preparing
spreadsheets and models.
- Assess payment capacity
- Assess collateral adequacy.
- Review prevailing economic
trends, and risk ratings, and applying the same in the appraisal process.
- Bring out policy exceptions and
breaches, recommend adequate mitigants, and seek necessary approvals.
- Recommend, Approve, Refer or
Decline requests for Credit Facilities in accordance with the Delegated
Authority Mandate
3.Operations & Audits
- Ensure compliance with all credit
policy guidelines
- Follow through with transactions
to the end
- Training teams one on one to
reduce on back and forth
- Develop various templates to
guide the credit process
- Handle audit queries emanating
from the credit process
- Monitor turnaround time on
requests
- Income generation & Cost
Containment
Push on products that deliver quick income
- Supporting the RO/RMs to achieve
set income targets (Interest income and Non-interest income)
- Ensure the correct charges are
applied
- Ensure all excesses are fully
provided
- Manage office costs within
reasonable levels
Cross sell bank product
Minimum Qualifications, Knowledge and Experience
- University Degree in a business
related field i.e. Economics, Commerce, Business Administration.
- Professional Qualifications:
Credit Management, Accounting (CPA K) or Banking Qualification (AKIB)
- Minimum of 4 years’ experience in
banking and financial analysis 2 of which must be credit department or
credit related area.
Key Competencies and Skills
- Corporate Competence: Working knowledge of the
Bank’s products, the Bank’s Credit policy and CBK Prudential Guidelines.
- Financial
analysis Skills: Ability to analyze and/or interpret
financial statements, and advice accordingly.
- Analytical
business and investment appraisal Skills: Keen to
detail and able to conceptualize financial investment proposals and
provide viable solutions.
- Technology Skills: Computer literate with
proficiency in computerized financial analysis applications. Industry
knowledge: Candid knowledge of the various sectors of the economy and the
investment opportunities
- Goal driven and results
oriented enjoys
being measured, and judged by financial and other performance targets
- Personal Ethics: Must be honest, fair and just
with self and others, and demonstrates integrity in work and business
contacts.
- Communication Skills: Excellent written and verbal
communication skills and presentation skills.
- Interpersonal Skills: Must be a people’s person, with
ability to interact with key contacts in finance sector.
- Proactive Initiator: Must be pro-active, a
self-starter and have the ability to see, grasp and advice on
opportunities
How to Apply