Background

The Head of Credit role is a senior leadership position within Greenland Fedha Plc, a KTDA subsidiary. Reporting directly to the General Manager, the role is responsible for the strategic direction, governance, and performance of the organization’s entire credit function.

The position plays a pivotal role in ensuring effective credit risk management, maintaining portfolio quality, and aligning lending operations with business growth objectives while adhering to regulatory requirements.

Key Duties and Responsibilities

The Head of Credit will oversee the full credit lifecycle and provide strategic leadership across all credit-related operations, including:

• Formulating, implementing, and continuously reviewing the organization’s credit policies to ensure alignment with business objectives and regulatory frameworks, including Central Bank of Kenya guidelines.
• Developing and executing comprehensive credit strategies that support sustainable portfolio growth while maintaining acceptable risk levels.
• Leading credit forecasting processes and monitoring credit performance metrics to inform strategic decision-making and operational planning.
• Designing and implementing robust credit risk assessment methodologies, including credit scoring models, vetting procedures, and risk evaluation frameworks.
• Ensuring effective internal controls and risk management systems are in place to mitigate credit exposure and safeguard the organization’s financial position.
• Overseeing compliance with all internal credit policies, procedures, and regulatory requirements governing lending activities.
• Managing customer financing solutions for both working capital and capital expenditure needs, ensuring that credit products are appropriately structured and profitable.
• Optimizing credit scoring strategies across different business segments to enhance portfolio performance and risk segmentation.
• Conducting regular credit portfolio reviews, analyzing trends, and identifying emerging risks to inform proactive risk mitigation strategies.
• Contributing to the development and review of pricing structures for credit products, ensuring competitiveness and profitability.
• Liaising with Credit Reference Bureaus to assess borrower creditworthiness and reporting non-performing loans in compliance with industry standards.
• Overseeing credit appraisal processes, reviewing and approving credit proposals from branches and other business units.
• Developing and implementing recovery strategies for non-performing loans to improve portfolio quality and reduce financial losses.
• Preparing detailed management reports on loan performance, portfolio trends, and risk indicators to support executive decision-making.

Qualifications/Requirements

This role requires a strong blend of strategic leadership, financial acumen, and deep expertise in credit risk management within regulated financial environments.

• Formulating, implementing, and continuously reviewing the organization’s credit policies to ensure alignment with business objectives and regulatory frameworks, including Central Bank of Kenya guidelines.
• Developing and executing comprehensive credit strategies that support sustainable portfolio growth while maintaining acceptable risk levels.
• Leading credit forecasting processes and monitoring credit performance metrics to inform strategic decision-making and operational planning.
• Designing and implementing robust credit risk assessment methodologies, including credit scoring models, vetting procedures, and risk evaluation frameworks.
• Ensuring effective internal controls and risk management systems are in place to mitigate credit exposure and safeguard the organization’s financial position.
• Overseeing compliance with all internal credit policies, procedures, and regulatory requirements governing lending activities.
• Managing customer financing solutions for both working capital and capital expenditure needs, ensuring that credit products are appropriately structured and profitable.
• Optimizing credit scoring strategies across different business segments to enhance portfolio performance and risk segmentation.
• Conducting regular credit portfolio reviews, analyzing trends, and identifying emerging risks to inform proactive risk mitigation strategies.
• Contributing to the development and review of pricing structures for credit products, ensuring competitiveness and profitability.
• Liaising with Credit Reference Bureaus to assess borrower creditworthiness and reporting non-performing loans in compliance with industry standards.
• Overseeing credit appraisal processes, reviewing and approving credit proposals from branches and other business units.
• Developing and implementing recovery strategies for non-performing loans to improve portfolio quality and reduce financial losses.
• Preparing detailed management reports on loan performance, portfolio trends, and risk indicators to support executive decision-making.

• Strong blend of strategic leadership, financial acumen, and deep expertise in credit risk management within regulated financial environments.