Assistant General Manager, Corporate Credit at I&M Bank

Purpose

I&M Group operates in five countries – Kenya, Tanzania, Rwanda, Uganda and Mauritius through its subsidiaries, affiliates, and joint venture investments in each of these countries. The Group is seeking to hire a Senior Corporate Analyst in its Corporate Credit Team for specialized sectors and acquisitions as required to support the growth of quality asset book. 

Primary Responsibilities

• Responsible for quality assessment of the proposals with suitable financial & non-financial covenants and structure of facilities towards recommending the same for approval as per delegated approval limits. The same should be in line with the approved credit appetite and meet the requirements of underwriting standards, prudential guidelines, credit policy and product program requirements.
• Compliance with target turnaround time and the agreed service level agreement (SLA) with collaborative approach to the business/ risk partnership.
• Assess structured proposals in various specialized sectors such as oil & gas, treasury products, real estate, leasing, Banks/ Financial Institutions and trade transactions for corporate accounts based in Kenya as well as other group entities as suitable.
• Review Treasury, Trade Finance and Insurance companies limits for in compliance with the counterparty and country risk policies.
• Conduct ongoing monitoring and control of performance, covenants and securities, early identification of warning signs, recommending and taking of remedial action including restructures/ reorganization and/or managed exits to maintain a healthy loan portfolio.
• Develop frameworks for various related policies, risk appetite and other such documents for the lending.
• Undertake assessment of any investment by the Bank or Group towards acquisition or merger or such structured deals.
• Develop strategies for large value stressed accounts including non-performing accounts to mitigate credit risks and to ensure revival or recovery of the debt.
• Ensure strong engagement with other stakeholders such as participating banks for syndicated loans, consultants, administrators and receiver managers.

Person Specifications

• University degree in relevant business field and relevant credit management, banking and financial services qualification.
• At least 12 years' relevant experience.
• CPA, ACCA or other related qualification will be an added advantage.
• Excellent communication (both written and oral) and interpersonal skills with a hands-on attitude and approach.
• Strong drive towards collaboration and ability to develop positive relationships with key business stakeholders and demonstrate respectful, constructive negotiating skills.
• Able to analyze and interpret financial data to make appropriate business suggestions and decisions with accountability.
• Resilience and cultivates optimism within team & organization while embracing extreme pressure to deliver.
• Should be aligned to values and vision of the organization.
• Strong understanding of products offered by the Bank and structuring of deals
• Have a good network in the banking industry and industry knowledge.
• Possess strong decision making ability and problem solving skills with accountability (hypothesis-driven thinking, analytical, quantitative, conceptual skills).