Closing on: Dec 6, 2022

Job Purpose Ensure that all Credit Proposals emanating from Commercial Banking, Business Banking, and Treasury have been carefully evaluated and have logical recommendations prior to submission to the Head of Credit. Discuss the Credit Proposals emanating from the Business Departments with respect to the Structure of Facilities, Key Risks & Mitigants, Market Conditions, Securities, Pricing, and Risk Reward with Corporate Relationship Officers/Managers, Business/Unit Heads where necessitated.

Key Responsibilities

• Ensure all credit proposals adhere to the laid down procedures, policies, Banking Act, Prudential Guidelines, Islamic rules and regulations and various product programs while ensuring that any policy breaches are properly authorized at the correct approval level.
• Analysis of commercial and business banking credit proposals and recommendation of quality assets to enable the next line of authority to make an informed decision.
• Ensure all credit proposals are analysed in terms of general credit worthiness, risks and mitigation thereof, adequacy of security, documentation compliance, compliance with individual/group exposure limits, covenants compliance, sectoral limits/concentration, country limits and signing off on the proposal.
• Analysis of the Treasury credit proposals including money markets, foreign exchange forwards/ SWAPs amongst others.
• Ability to analyse and interpret the financial statements and cashflow projections for companies, Financials of Banks, and other /Financial Institutions accurately.
• Support the business teams in new business origination by accompanying them for client’s visits and guiding them in preparation of the appraisal documents.
• Review new product programs and the existing ones to ensure the various risks are well mitigated.
• Co-ordinate with other departments which are involved in the process of granting credits e.g., Commercial Banking, Treasury, Business Banking etc., and analyze workflow and business processes for implementation of approved facilities.
• Monitor compliance of the credit policies and procedures and make any necessary recommendations for changes where necessary for consideration on an annual basis.
• Monitor changes and trends for various business segments financing portfolio on periodical basis, analyse reasons for the changes and discuss with the Head of Credit.
• Review of monthly MIS of the portfolio managed covering exception reports, utilization of facilities, past-dues, expired credits, concentration of risk covering group exposure and industry concentration.
• Propose changes to the economic sector limits in line with financing projections from business units and concentration risk considerations.
• Ensure that the service levels are adhered to in relation to the agreed TAT level.

Job Specification:

• Minimum bachelor’s degree in Business related field from a recognized university. Masters with major in business management in finance and accounting will be an added advantage.
• Any professional qualification in Banking, Finance or Accounting.
• 6 years banking experience with at least 4 years in Credit Analysis.
• Knowledge of all lending products and the level of complexity inherent in those products.
• Ability to analyze all lending propositions and make sound recommendation/ decision that will not adversely affect the Bank in the circumstances.
• Awareness of the Central Bank of Kenya regulation and local laws regarding lending facilities and default borrowers.
• Critical assessment of proposed credit facilities, security, and their realization values.
• Good knowledge of sharia compliant banking operational process.

To apply, please send your CV and cover letter to [email protected] by Tuesday 6^th December 2022, Quoting the Role as the Subject of the email application.