Summary
Date Posted: Friday, February 07 2025, Base Salary: Not Disclosed

JOB DETAILS:
Continuous monitoring of the performance of the bank’s portfolio, proactively identifying and mitigating potential risks that could affect the portfolio quality, constantly evaluating the associated risks and ensuring that all credit-related activities (pre and post-disbursement) adhere to established bank risk management practices and policies.

KEY ACCOUNTABILITIES:
Management
• Implementation of strategic plans through initiatives and collaboration with other stakeholders to deliver broader bank targets.
• Providing leadership and oversight over the Credit Support and Monitoring team, ensuring that the staff are highly motivated to effectively discharge their mandate, within the stipulated deadlines.
• Champion dissemination of Credit policies and initiatives across the business.
• Ensure compliance with all relevant regulatory and statutory requirements like BOU, Auditors (External), URA, NEMA, Funders, and Credit Reference Bureau in line with bank policy and procedures.
• Full participation and implementation of system & project issues affecting credit.

Portfolio Quality Monitoring
• Developing a tracking and monitoring mechanism for all post-approval covenants and ensuring any breaches are attended to and escalated in line with the bank’s escalation matrix.
• Ensuring that account classification and provision trends are proactively managed in line with regulatory and policy requirements.
• Develop and implement tools for the identification of warning signs across the portfolio to enhance the quality of the book and proactively address issues arising.
• Working closely with the Credit Approval team and the Sector Heads to implement remedial plans for non-compliant customers.
• Ensuring strict adherence to approved drawdown programs for project finance loans and other loans where necessary, recommending inspection of the projects to verify the position by internal or external resources.
• Periodically attend client visits and/or meetings to address credit risk matters.
• Escalation of issues within the agreed timelines.
• Oversee valuation activities ensuring that all assets pledged as collateral are valued by a qualified and empanelled external property valuer.
• Oversee the coordination of all Credit Reference Bureau matters.
• Supervise the coordination of all activities on ESG.

Governance and Controls.
• Review all credit monitoring and support processes, policies and manuals annually to attain adherence to laid down controls and procedures per bank policies and Prudential Guidelines issued by the Central Bank and any other relevant regulatory requirements.
• Support business growth initiatives.
• Revenue assurance – identification of income leakages and pricing inconsistencies

KNOWLEDGE, SKILLS, AND EXPERIENCE REQUIRED:
• Bachelor or above degree in Finance, Banking, business, or related subjects.
• Credit certification/accreditation
• In-depth knowledge of the principles governing Banking
• A minimum of 10 years overall banking experience 3 of which should have been at the managerial level within Relationship Management and Credit Risk environment
• Strong analytical and numerical skills supported by experience in credit analysis.
• Good interpretation and decision-making ability.
• Experience in holding a personal lending mandate will be an added advantage.
• Experience in the development and review of credit management policies.
• Ability to manage complex and multifaceted stakeholders
• Effective communicator and influencer
• Excellent negotiation and stakeholder management skills.
• Good Leadership and people management skills
• Good planning and organizational skills.
• Excellent understanding of the Banking Act and prudential guidelines
• Good knowledge of banking products and evolving credit risk management systems; and
• Good understanding of legal risks and laws applicable to Banking and Finance relating to lending and credit documentation



Work Hours: 8

Experience in Months: 120

Level of Education: Bachelor Degree

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