JOB PURPOSE

The job holder will be responsible for managing corporate credit approvals and portfolio management and accounts relationship administrative support to Branch Managers/ Relationship managers in compliance with the banks credit policy. He/she will also manage the portfolio of accounts with the intention of monitoring acceptable credit risk (including any recoveries) and maximizing the bank’s return from each client.

KEY RESPONSIBILTIES

Corporate Credit Assessment and Approval

• Do quality checks on deals to the MCC &Board & conduct a Risk based analysis by Reviewing of credit proposals received from business units to meet the bank standards for MCC and Board decision making.
• Analysis and approvals of credit facilities within the delegated credit limit and to ensure that they comply with and remain in line with the bank’s credit policy and the prudential guidelines as provided by the central bank of Kenya.
• Safeguarding the institution against loss by ensuring accuracy, completeness and credit worthiness of Corporate, SME, Micro, Consumer and Group proposals and recommend appropriate risk mitigation mechanisms such as proper securities and their perfection, relevant sanction conditions and post disbursement follow ups.
• Ensure Bank lending complies with the relevant Environmental, Climate-related and Social risks laws and prudential guidelines and best practices.
• Oversee Approvals of credit proposals from all the branches and Head office Business teams to ensure that all approval decisions meet the agreed SLA between the credit department and business.
• Ensure compliance with internal credit policies & procedures and facilitate prudent management of credit risks while ensuring compliance with the CBK prudential guidelines.

Portfolio Risk Management

• Ensuring the provisions are maintained at the prescribed level by minimizing the risk of loan loss or bad debts through prudent lending practices.
• Ensure Standards for credit portfolio management by advising and supporting Branches on actions to take in recovering and monitoring portfolio at risk and ensure that branches forward monthly watch list and follow up to make sure recommendations on accounts are implemented.
• Review of sector exposures to ensure compliance to set banks limits by ensuring optimal profitability of the bank.
• Ensure concentration risks remain within approved thresholds.
• Identify emerging risks, deteriorating accounts, and industry trends.

Reporting Standards

• Preparation of statutory reports in line with CBK prudential guideline and submission of the same as per the set SLAs.
• Preparation of credit Management reports for presentation ALCO, MANCOM, Board and other external parties such us the regulator and financial partners.

DECISION MAKING AUTHORITY

• Review and approve credit facilities within the delegated credit limit.
• Review and recommend credit applications to the MCC/Board & conduct a Risk based analysis by Reviewing of credit proposals received from business units to meet the bank standards for MCC and Board decision making.
• Ensure that all accounts are properly graded in the system and Ensuring the provisions are maintained at the prescribed level by minimizing the risk of loan loss or bad debts through prudent lending practices.

ACADEMIC BACKGROUND

A Bachelor’s degree in Business Administration with a bias in Finance and Accounting

WORK EXPERIENCE

At least eight (8) years in Corporate banking with minimum of five (5) years’ experience in Credit Analysis/Approval.

Good understanding of Credit Risk policy.

SKILLS & COMPETENCIES

• Financial Analysis Skills: Ability to analyze, interpret and draw conclusions and recommendations based on financial statements and non-financial attributes of the borrowers.
• Conceptual and Analytical Skills: Good conceptual, analytical and evaluating skills, ability to conduct independent analysis, identify key Risks, carry out negotiations and formulate and make recommendations.
• Planning and organizing: Ability to establish priorities, plan, coordinate and monitor own work plan must be able to conceptualize risks and analyze proposals to great detail to understand underlying risks and ways out.
• Lending Skills: Appraisal requirements for the Bank’s lending products; must demonstrate ability to accurately identify credit needs and assist the business units to structure appropriate products while balancing the Risks versus Return objective of the Bank
• Knowledge of Business Environment: Must understand local and global dynamics of the business environment facing customers and the risks they create to the borrower and in turn to the Bank.
• Legislation; Must be familiar with legislation relating to constitution of Firms / Companies, Perfection of Securities, Debt collection and requirements by regulating bodies of the Banks and the borrowers.
• Computer Skills: Computer literate with proficiency in MS Office suite, Core Banking Systems and other Credit management and workflow systems already in use or to be introduced, amongst others, plus the ability to use these in Risk Management Decision support.

PROFESSIONAL CERTIFICATION

• Diploma in Banking – AKIB or Credit Management
• Professional training in accounting, financial analysis and / or environmental, climate-related and social risk management

• Do quality checks on deals to the MCC &Board & conduct a Risk based analysis by Reviewing of credit proposals received from business units to meet the bank standards for MCC and Board decision making.
• Analysis and approvals of credit facilities within the delegated credit limit and to ensure that they comply with and remain in line with the bank’s credit policy and the prudential guidelines as provided by the central bank of Kenya.
• Safeguarding the institution against loss by ensuring accuracy, completeness and credit worthiness of Corporate, SME, Micro, Consumer and Group proposals and recommend appropriate risk mitigation mechanisms such as proper securities and their perfection, relevant sanction conditions and post disbursement follow ups.
• Ensure Bank lending complies with the relevant Environmental, Climate-related and Social risks laws and prudential guidelines and best practices.
• Oversee Approvals of credit proposals from all the branches and Head office Business teams to ensure that all approval decisions meet the agreed SLA between the credit department and business.
• Ensure compliance with internal credit policies & procedures and facilitate prudent management of credit risks while ensuring compliance with the CBK prudential guidelines.
• Ensuring the provisions are maintained at the prescribed level by minimizing the risk of loan loss or bad debts through prudent lending practices.
• Ensure Standards for credit portfolio management by advising and supporting Branches on actions to take in recovering and monitoring portfolio at risk and ensure that branches forward monthly watch list and follow up to make sure recommendations on accounts are implemented.
• Review of sector exposures to ensure compliance to set banks limits by ensuring optimal profitability of the bank.
• Ensure concentration risks remain within approved thresholds.
• Identify emerging risks, deteriorating accounts, and industry trends.
• Preparation of statutory reports in line with CBK prudential guideline and submission of the same as per the set SLAs.
• Preparation of credit Management reports for presentation ALCO, MANCOM, Board and other external parties such us the regulator and financial partners.
• Review and approve credit facilities within the delegated credit limit.
• Review and recommend credit applications to the MCC/Board & conduct a Risk based analysis by Reviewing of credit proposals received from business units to meet the bank standards for MCC and Board decision making.
• Ensure that all accounts are properly graded in the system and Ensuring the provisions are maintained at the prescribed level by minimizing the risk of loan loss or bad debts through prudent lending practices.

• Financial Analysis Skills
• Conceptual and Analytical Skills
• Planning and organizing
• Lending Skills
• Knowledge of Business Environment
• Legislation
• Computer Skills

• BA/BSc/HND
• Diploma
• Professional Certificate
• Bachelor’s degree in Business Administration with a bias in Finance and Accounting
• Diploma in Banking – AKIB or Credit Management
• Professional training in accounting, financial analysis and / or environmental, climate-related and social risk management