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Senior Manager - Credit Support And Monitoring

Closing: Aug 12, 2022

4 days remaining

Published: Aug 3, 2022 (5 days ago)

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Job Summary

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JOB PURPOSE: Reporting to the Head of Corporate Credit, the role holder will oversee monitoring of facilities extended to customers to ensure that they are used for the intended purposes and performance is per the agreed terms of sanction.

QUALIFICATIONS, EXPERIENCE and COMPETENCIES REQUIRED:

• Bachelor or above Degree in Finance, Banking, Business, or related subjects.

• Credit certification/accreditation.

• A minimum of 7 years overall banking experience 3 of which should have been at 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 development and review of credit management policies is preferred.

• 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 credits documentation.


Responsibilities
JOB PURPOSE: Reporting to the Head of Corporate Credit, the role holder will oversee monitoring of facilities extended to customers to ensure that they are used for the intended purposes and performance is per the agreed terms of sanction.

QUALIFICATIONS, EXPERIENCE and COMPETENCIES REQUIRED:

• Bachelor or above Degree in Finance, Banking, Business, or related subjects.

• Credit certification/accreditation.

• A minimum of 7 years overall banking experience 3 of which should have been at 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 development and review of credit management policies is preferred.

• 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 credits documentation.


• Assisting the department in the implementation of plans through specifically assigned initiatives or collaborating with other managers to deliver broader banks targets.

• Providing leadership and oversight over the Credit Support and Monitoring unit by ensuring that the staff are highly motivated, well trained and guided to effectively discharge their duties.

• Champion dissemination of Credit policies and initiatives across the business.

• Support compliance with all relevant regulatory and statutory requirements like BOU, Auditors (External), URA, Funders, Credit Reference Bureau in line with bank policy and procedures.

• Full participation and implementation of system & project issues affecting credit monitoring and control.

• Developing a tracking and monitoring mechanism for all post approval covenants and ensuring any breaches are flagged and escalated accordingly.

• Oversee account classification and provisions trends to ensure they are proactively managed in line with regulatory and policy requirements.

• Developing and implementing tools for identification of Warning Signs across the portfolio to enhance quality of the book and proactively address issues arising.

• Working closely with Credit Managers and Relationship Managers (RMs) to implement remedial plans by recommending appropriate actions for noncompliant customers or address other credit risk matters.

• Perform/supervise compliance checks against approved drawdown Programmes for project finance loans and other loans where necessary, recommending inspection of the projects to verify the position by internal or external resource.

• Ensuring that all processes adhere to laid down controls and procedures in accordance with bank policies and Prudential Guidelines issued by the Central Bank and any other relevant regulatory requirements.


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