Background

Caritas Microfinance Bank is a licensed microfinance bank regulated by Central Bank of Kenya. Caritas MFB offers a full range of innovative and customized financial services with a special focus on the unbanked and underbanked. Its headquarters are located in the Nairobi CBD. Caritas MFB was formed to provide affordable, innovative and customized financia...

JOB PURPOSE

To support Head of Credit to plan, coordinate and control all lending activities to minimize credit risks. To prepare independent analysis of credit reviews and submit summary of analysis for credit review.

KEY RESPONSIBILITIES

Reviewing the files for compliance of the approval conditions

Weekly analysis of loan-book performance and risk Loan-book migration analysis

Develop and track on a daily/weekly/monthly basis (as determined by Head of Business the key performance indicators in all business segments)

Conduct Quality checks to ensure branches follow the bank’s credit policy,

CBK prudential guidelines and best practice in appraisal, approval, and management of facilities.

Generate accurate management report on business performance to facilitate decision making

Work with Business teams to roll out training on credit applications and portfolio management

Assess temporary credit requests and recommend for approval

Recommend changes to lending policies in line with business dynamics

Check completeness of documents submitted by the Business segment credit analyst and branch managers.

Provide coaching /guidance/training on aspects of credit including policy and procedures, as may be required by branch staff and other staff involved the credit granting process

Immediately inform the Branch/Relationship Officers/Head of segments of any document missing (according to the credit checklist).

Analyze customer’s submitted documentation for existing state of operations.

Regularly analyze the risk profile of the bank’s loan portfolio by product, and by segment.

Assign risk grades for each portfolio type following the guidelines in the bank’s credit policy manual.

Timely approval of all credit applications

Preparation of various credit reports

Review of credit policy and updating it in line with changes in the lending environment

Review of new and existing products as per bank’s guidelines

Ensure compliance with both internal and external regulatory requirements.

Review and ensure compliance of facilities approved conditions.

Always ensure compliance with Credit policies and procedures.

Always ensure compliance with set SLAs

To perform any other duty as assigned in line with the Organizational goals and objectives.

QUALIFICATION AND EXPERIENCE REQUIREMENTS

Holder of bachelor’s degree in a business-related field.

Must have scored a min of C+ in overall KCSE exams and mathematics

Minimum of 5 years’ working experience in lending related activities in a financial sector

Professional banking qualifications will be added advantage

Knowledge of lending products and prudential guidelines.

Ability to lead teams and deliver business results.

Must be self-driven; possess excellent administrative, communication and

interpersonal skills, strong organization, and negotiation skills.

• Reviewing the files for compliance of the approval conditions
• Weekly analysis of loan-book performance and risk Loan-book migration analysis
• Develop and track on a daily/weekly/monthly basis (as determined by Head of Business the key performance indicators in all business segments)
• Conduct Quality checks to ensure branches follow the bank’s credit policy, CBK prudential guidelines and best practice in appraisal, approval, and management of facilities.
• Generate accurate management report on business performance to facilitate decision making
• Work with Business teams to roll out training on credit applications and portfolio management
• Assess temporary credit requests and recommend for approval
• Recommend changes to lending policies in line with business dynamics
• Check completeness of documents submitted by the Business segment credit analyst and branch managers.
• Provide coaching /guidance/training on aspects of credit including policy and procedures, as may be required by branch staff and other staff involved the credit granting process
• Immediately inform the Branch/Relationship Officers/Head of segments of any document missing (according to the credit checklist).
• Analyze customer’s submitted documentation for existing state of operations.
• Regularly analyze the risk profile of the bank’s loan portfolio by product, and by segment.
• Assign risk grades for each portfolio type following the guidelines in the bank’s credit policy manual.
• Timely approval of all credit applications
• Preparation of various credit reports
• Review of credit policy and updating it in line with changes in the lending environment
• Review of new and existing products as per bank’s guidelines
• Ensure compliance with both internal and external regulatory requirements.
• Review and ensure compliance of facilities approved conditions.
• Always ensure compliance with Credit policies and procedures.
• Always ensure compliance with set SLAs
• To perform any other duty as assigned in line with the Organizational goals and objectives.

• Excellent administrative skills
• Excellent communication skills
• Excellent interpersonal skills
• Strong organization skills
• Negotiation skills

• Bachelor’s degree in a business-related field
• Minimum of C+ in overall KCSE exams and mathematics
• Minimum of 5 years’ working experience in lending related activities in a financial sector
• Professional banking qualifications (added advantage)
• Knowledge of lending products and prudential guidelines
• Ability to lead teams and deliver business results
• Self-driven