Position: Credit Manager
Role Purpose
To evaluate and recommend or approve if within discretion limit
credit applications so as to increase the lending book portfolio of
KCBT.
The expected results are:
- To assess and mitigate credit risk through careful analysis of retail credit facilities of grade1&2 in conformity with BOT guidelines, Bank’s Credit Policy and best lending practice.
- To manage credit quality and performance under assigned segment.
- Credit control – excess management, covenant tracking and audit of loan bookings.
Key Responsibilities
- Analyze credit risk on applications and make appropriate recommendation/approval.
- Ensure compliance with credit policies and BOT prudential lending guidelines for all credit facilities sanctioned.
- Ensure an efficient turnaround time for applications is maintained.
- Ensure all facilities are reviewed at least one month prior to expiry date.
- Monitor, follow-up and report unauthorized excess drawings.
- Control of advances under grade 1&2 to maintain loan migration within targeted rate.
- Daily tick-back of loan bookings and other system entries.
- Ensure all OD facilities are renewed on time.
- Monitor covenant tracking records and report progress quarterly.
Qualifications and Requirements
- University Degree in Business related field. Post graduate and or Banking qualifications will be an added advantage.
- Minimum of 10 years’ experience in retail and corporate banking, treasury and commercial banking operations, customer service, governance and controls with at least 8 years’ in senior to top management position.
- Track record of attaining targets of business growth and profitability in the financial services and banking sector.
- Have appreciation and operating knowledge of the regional banking industry (especially operating dynamics of East Africa), market and global trends as well as challenges
- Demonstrable cross-cultural, people and relationship management skills, team motivation and leadership competence.
- Sound understanding of statutory and regulatory requirements of corporate governance, business and banking operations of East Africa.
- Demonstrable ability to adapt and operate in a matrix management and reporting environment
- Analyze credit risk on applications and make appropriate recommendation/approval within approved turn-around time while ensuring no nil loan migration for accounts sanctioned in the past 12 months.
- Daily tick-back of loan bookings and other system entries.
- Daily review of excess reports, report and follow-up on any unauthorized excesses.
- Follow up with business teams on expired overdrafts and ensure all OD facilities are renewed on time.
- Control of advances under grade 1&2 to keep the loan migration rate within targeted limit.
- Monitor covenant tracking records and report progress quarterly.
