Our Kenyan client, full-service regional banking institution in Kenya with operations in close to 30 countries on the continent looking to fill the position of Credit Risk Manager for its operations in Kenya. Reporting to the Country Risk Manager, the job holder will provide leadership to Credit Risk Management Unit and oversee management of risks inherent in the credit process, loan documentation and portfolio management. This job includes early warning signs and remedial management for non-performing loans.
Key responsibilities:
* Ensure effectiveness of the unit structure and systems (policies, process, procedure and tools) in achieving compliance requirements, optimal efficiency, resource utilization and cost containment
* Review of sectorial ceilings; discretionary authorities, portfolio measures including industry limits, tenor limits, risk rating, NPLs, risk acceptance criteria, security acceptance and credit risk matrices
* Ensure effectiveness of the unit structure and systems (policies, process, procedure and tools) in achieving compliance requirements, optimal efficiency, resource utilization and cost containment
* Review of sectorial ceilings; discretionary authorities, portfolio measures including industry limits, tenor limits, risk rating, NPLs, risk acceptance criteria, security acceptance and credit risk matrices
* Initiate review of industry and sector economic analysis and compile statistical information including macro-economic information and indices
* Ensure minimization of exposures and impacts of credit risks
* Oversee Credit Risk Management Services ie. approvals, disbursements, reports and remedial management, in supporting business goals
* Application of risk-based pricing models
* Provide leadership within the unit and ensure it translates into conducive work environment and employee satisfaction
* Safe custody and ease of retrieval of credit securities
* Provide guidance and advice on all Credit Risk Management, administration and policy related issues
* Provide technical support to the Executive Committee on the management of the Bank’s credit portfolio and the review and approval process for credit proposals
Position Requirements
* A university degree in business related discipline and relevant professional qualifications ie. CPA, ACIB, AKIB and ACCA. MBA is an added advantage
* 10 years of banking experience of which at least 5 years must have been in credit risk management
* Thorough knowledge and experience in modern Credit Risk Management practices in Financial Services industry to provide visionary guidance on improvement and change
* Self empowerment to enable development of open communication, employee satisfaction, manage change and teamwork required to support performance and customer-service oriented culture
* 10 years of banking experience of which at least 5 years must have been in credit risk management
* Thorough knowledge and experience in modern Credit Risk Management practices in Financial Services industry to provide visionary guidance on improvement and change
* Self empowerment to enable development of open communication, employee satisfaction, manage change and teamwork required to support performance and customer-service oriented culture
Remuneration: The salary range for this position is between Kshs 300,000 and Kshs 400,000 gross per month plus benefits. The salary offered will be dependent incumbents experience and demonstrable contribution.
If you are interested in the position and have the skills we are looking for, we would like to hear from you. Please forward an application letter indicating your suitability to this role, together with a copy of your updated resume, and your current salary and benefit package, to recruit @tgagroupea.com by Friday 27th May 2011.
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