Job Purpose

• To ensure that all Credit Proposals emanating from Commercial Banking, Business Banking and Treasury have been carefully evaluated and have logical recommendations prior to the submission to Head of Credit.
• Discuss the Credit Proposals emanating from the Business Departments with respect to Structure of Facilities, Key Risk & 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 clients’ 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 the implementation of approved facilities.
• Monitor compliance with 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 a periodical basis, analyses reasons for the changes and discusses it 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’s 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 levels.

Dimensions / Context (scope of the job – responsibility for managing)

• Manage Credit Risk Approval process of Limits for New and Existing Customers including one off deals with a direct impact to the revenue and budgeted revenue/income targets.
• Ensure that the return on Credit Risk is in line with market and not under-priced that may have a direct impact on the revenue targets of the Bank.
• Provide feedback on Policy matters and implementation of the Bank’s Policy.

Job Complexity / Judgment

• Knowledge and knowhow of various legal and facility documentations for complex credits.
• Knowledge of various markets within Kenya and African Countries as a whole.
• Understanding of Economic, Political Risk and Cross Border Risk for Country & FI Limits.
• Ability to understand and analyse Financials of Banks/Financial Institutions.
• Managerial and Communications Skills
• Highlight issues and suggest ways to resolve the same in co-ordination with Head of Credit /business units, credit operations, and credit administration, legal to facilitate smooth operation.
• Identify gaps that may hinder the work process and discuss/ suggest ways to minimize the same
• Provide judgment on Credit portfolio, market dynamics, and concentration of risk, credit policies / process and systems.
• Highly competitive environment volatile and risk-oriented markets across geographic locations which require in-depth skills and experience to determine the level of risk and suggest appropriate structure and conditions to manage such risk.
• The job entails constant monitoring of the portfolio and regular interaction with business units, the Legal and Sharia departments, in managing the portfolio and maintaining the same within acceptable risk parameters.

Job Specification

• University Degree preferably in Accounting, Finance or Business Administration from a recognised institution.
• Master’s degree with major in Business Management in Finance and Accounting will be an added advantage.
• Any professional qualification in Banking, Finance or Accounting
• Knowledge of all lending products and the level of complexity inherent in those products.
• Ability to analyse all lending propositions and make sound recommendations/ decisions 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.
• Knowledge of changes taking place in both micro (banking industry) and macro (global) environment and ability to apply this knowledge to the benefit of the Bank.
• Credit decision in accordance with Islamic principles.
• Foundations and principles of Islamic finance.
• More than 8 years banking experience with at least 4 years in Credit

Competencies

• Analytical and Innovative Thinking
• Leadership
• Planning and Organizing
• Problem Solving Skills
• Team Orientation