Background

The right to housing is embedded in the Constitution of Kenya, which provides that every person has the right to accessible and adequate housing. With Kenya’s growing economy and one of the fastest-growing urbanisation rates in the continent, the demand for housing has never been greater. The Affordable Housing Board is established under the Affordable Ho...

Key Responsibilities

The duties and responsibilities of this position will entail:

• Overseeing the review and analysis of credit applications to assess applicants' creditworthiness;
• Ensuring accurate and comprehensive records of all credit applications, approvals, and related transactions;
• Coordinating with legal, finance, and other relevant departments to ensure seamless processing and compliance with the necessary documentation and approvals;
• Supporting the decision-making process for credit approvals, rejections, or conditional approvals based on evaluations and risk assessments;
• Monitoring the performance of the credit portfolio, including approval rates, delinquency rates, and default rates;
• Guiding in identifying potential risks in the credit application process and developing strategies to mitigate these risks;
• Reporting significant risks to senior management and proposing measures to address them;
• Coordinating with internal and external auditors to facilitate credit audits and ensure compliance with all regulations;
• Advising credit operations to comply with internal policies, industry standards, and regulatory requirements;
• Coordinating the promotion of the adoption of new technologies and best practices to enhance credit operations.

Requirements & Qualifications

For appointment to this grade, a candidate must have: -

• Cumulative service period of fifteen (15) years’ relevant work experience, Three (3) of which should have been Assistant Manager, Credit Management, or in a comparable position.
• Bachelor’s degree in any of the following disciplines: Banking, Finance,Economics, Commerce, Business Administration, Real Estate, or equivalent qualification from a recognized institution;
• Master’s degree in any of the following disciplines: - Finance, Accounting, Business Administration, Commerce, Real Estate, or equivalent qualification from a recognized institution;
• Membership in a relevant professional body, where applicable, and in good standing;
• Leadership course lasting not less than four (4) weeks from a recognized institution;
• Valid Practicing Certificate where applicable;
• Proficiency in computer applications; and
• Fulfilled the requirements of Chapter Six (6) of the Constitution of Kenya.

• Overseeing the review and analysis of credit applications to assess applicants' creditworthiness;
• Ensuring accurate and comprehensive records of all credit applications, approvals, and related transactions;
• Coordinating with legal, finance, and other relevant departments to ensure seamless processing and compliance with the necessary documentation and approvals;
• Supporting the decision-making process for credit approvals, rejections, or conditional approvals based on evaluations and risk assessments;
• Monitoring the performance of the credit portfolio, including approval rates, delinquency rates, and default rates;
• Guiding in identifying potential risks in the credit application process and developing strategies to mitigate these risks;
• Reporting significant risks to senior management and proposing measures to address them;
• Coordinating with internal and external auditors to facilitate credit audits and ensure compliance with all regulations;
• Advising credit operations to comply with internal policies, industry standards, and regulatory requirements;
• Coordinating the promotion of the adoption of new technologies and best practices to enhance credit operations.

• Proficiency in computer applications

• Bachelor’s degree in any of the following disciplines: Banking, Finance,Economics, Commerce, Business Administration, Real Estate, or equivalent qualification from a recognized institution;
• Master’s degree in any of the following disciplines: - Finance, Accounting, Business Administration, Commerce, Real Estate, or equivalent qualification from a recognized institution;
• Membership in a relevant professional body, where applicable, and in good standing;
• Leadership course lasting not less than four (4) weeks from a recognized institution;
• Valid Practicing Certificate where applicable;
• Fulfilled the requirements of Chapter Six (6) of the Constitution of Kenya.