Principle Accountabilities
Relationship Management (20%)
- Provide the interface between business
and credit.
- Give quality feedback to the business
teams on the quality of applications and the areas of improvement.
- Support the business teams in serving
their customers in a timely manner customer by giving prompt feedback.
- Give business reports on loans processed
and declined to help in decision-making.
- Supporting branches and business team in
packaging credit proposals to ensure clarity for faster approval and
adoption.
Credit Appraisals (50%)
To
ensure appraisal of quality profitable loans and identified risks properly
mitigated by recommending for further review to Credit Risk Proposals through:
- Confirming borrower’s credit worthiness
as presented by Relationship managers and Business Bankers.
- Conduct thorough analysis of financial
statements and assessment of credit requests, through preparing
spreadsheets and models
- Confirming suitability of collateral
offered.
- Ensuring credit risks and breaches are
identified & mitigation measures proposed.
- Reviewing if proposed facility pricing in
credit is in line with the set pricing policies.
- Recommending the credit proposals for
further review or returning to relationship manager highlighting critical
missing information and documents.
- Review prevailing economic trends, and
risk ratings, and applying the same in the appraisal process.
- Bring out policy exceptions and breaches,
recommend adequate Mitigants, and seek necessary approvals
To
ensure approved loans are progressed whilst the risks are still well mitigated
for approved loans requiring minor amendments to underwriting standards by
recommending for further review, through:
- Ensuring all documents & information
required to justify the variations are availed.
- Ensuring the request is justified and
does not alter materially the proposal as was approved
- Recommending for further review or
returning to relationship manager highlighting critical missing
information and documents.
To
organize Credit Approval Committee meetings for decision making on credit
proposals presented by coordinating the meetings through:
- Communicating an invite to all
stakeholders involved.
- Presenting previous minutes for review
- Following up on various action points as
per credit committee meeting deliberations.
- Taking minutes.
- Presenting summaries of Credit Analysis
unit decisions for further deliberations.
To
create synergy for the mutual benefit of the borrower and the Bank through
supporting branches and other business units to ensure timely delivery of
service by:
- Guiding Relationship Managers and
Business Bankers on techniques to mitigate risks for credits that are
considered bankable.
- Sharing insights on prospective credit
proposals at the request of relationship teams.
- Conducting periodic follow up on credit
files pending approval at Head Office.
- Monitoring Credit Analysis turnaround
time and number of files returned to relationship managers for rework/
review
To
ensure parity in skills possessed by all stakeholders in the credit process
though identification of credit skills gap among credit analysts and branches
and recommending appropriate training by:
- Periodic reviews credit skill gaps of
stakeholders in the credit process.
- Organizing and training various
stakeholders to sharpen their credit skills.
- Recommending appropriate external
trainings where necessary.
To
ensure compliance with regulations and loan approval covenants by conducting
customer call visit in the company of Business Team as approved by the
department through:
- Reviewing status of borrower’s compliance
with matters that may lead to Environment & Social Risks.
- Reviewing independently progress of
borrower’s project financed by the Bank.
- To ensure approval covenants are
documented and met by performing other reviews and engaging the business
heads for full compliance
Operations & Audits
(10%)
- Ensure compliance with all credit policy
guidelines
- Follow through with transactions to the
end
- Training teams one on one to reduce on
back and forth
- Develop various templates to guide the
credit process
- Handle audit queries emanating from the
credit process
- Monitor turnaround time on requests
Income Generation & Cost
Containment (20%)
- Supporting the RMs and Business Bankers
to achieve set income targets (Interest income and Non-interest income)
- Ensure the correct charges are applied
- Ensure all excesses are fully provided
- Manage office costs within reasonable
levels
- Cross sell bank products
- Push on products that deliver quick
income
Key Competencies and Skills
Technical skills
- Corporate Competence:Working knowledge of
the Bank’s products, the Bank’s Credit policy and CBK Prudential
Guidelines.
- Financial analysis Skills: Ability to
analyze and/or interpret financial statements, and advice accordingly.
- Analytical business and investment
appraisal Skills: Keen to detail and able to conceptualize financial
investment proposals and provide viable solutions.
- Technology Skills: Computer literate with
proficiency in computerized financial analysis applications.
- Industry knowledge: Candid knowledge of
the various sectors of the economy and the investment opportunities.
Minimum Qualifications, Knowledge and Experience
Education And Competencies
- University Degree preferably in Business
related field such as Economics, Finance & Accounting from recognized
institution by Commission for University Education.
- Masters’ degree will be an added
advantage.
- Credit Management, Accounting or Banking
Qualification (AKIB).
- CPA / ACCA qualification.
- Certification in financial modelling.
- Certified Credit Executive (CCE) or
equivalent.
Experience
- Minimum of 7 years’ experience in banking
and financial analysis 2 of which must be credit department or credit
related area.
- Good track record of credit analysis and
understanding of financial policies, procedures, and external regulations.
Has demonstrated over the span of the career credit and financial analysis
skills required to effectively perform credit analysis and portfolio
maintenance activities/tasks in a manner that consistently achieves high
quality standards or benchmarks.
- Demonstrated expertise and in-depth
knowledge of the local banking industry, banking services, credit process
and banking products.
- Evidenced knowledge and understanding of
the current banking and financial services operating environment, trends,
and practice, related regulatory and governance guidelines and
requirement, and applicable laws
- Sound working knowledge and understanding
of general commercial regulations and practices.
How To Apply
