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  • Posted: May 29, 2023
    Deadline: Not specified
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    I&M Bank is a wholly owned subsidiary of I&M Holdings Limited, a publicly quoted company at the Nairobi Securities Exchange (NSE). The bank possesses a rich heritage in banking.
    Read more about this company


    Credit Manager

    Primary responsibilities:

    • Review credit applications for adherence to CBK Prudential Guidelines, Bank’s Credit Policy, Credit Guidelines and Product Program requirements and approve credit applications within delegated authority.
    • Identify, measure, and mitigate risk using identification tools and risk rating models and providing recommendations to the relevant credit authority for sanction/decisioning.
    • Analyse and recommend of staff loan credit applications in line with the approved staff loan credit requirements.
    • Undertake credit analysis of bank counterparties (financial institutions) & insurance companies using both quantitative and qualitative factors in compliance with the country risk policy.
    • Conduct periodic review of Non-Performing Accounts to identify gaps that led to the non-performing status.
    • Monitor assigned portfolio for quality and identification of early warning signs within the portfolio. Continuously engage with the relationship team to remedy the position to deter further deterioration.
    • Ensure accompanying securities such as insurance covers and valuation reports are in place.
    • Review facility limits and excesses to ensure extensions and sanction are within the Delegated Authority Matrix.
    • Conduct site/client visits in line with the approved calling program.
    • Review Risk Control Self Assessments (RCSA) and audit requirements to ensure compliance.
    • Review Credit Facility Contracts for alignment of terms and conditions to approvals in the Loan Origination System (LOS).
    • Coordinate and collaborate with branch relationship teams, credit documentation, legal and credit administration teams on matters related to lending for Premium and Business Banking segments.
    • Conduct regular market research on the new products, industry practices and any other developments with high potential impact on lending.
    • Review segment product papers and highlighting risks and opportunities pertaining to the same for sanction/decision.

    Minimum requirements

    • At least 7 years relevant experience; 3 of which must have been at managerial level.
    • Bachelor's Degree in Business, Finance, Economics, Mathematics, Statistics, or a related field from a recognized institution.
    • Masters’ Degree will be an added advantage.
    • Member of the AKIB or equivalent professional body.
    • Excellent communication and interpersonal skills.
    • Strong people-management and leadership skills.
    • Advanced financial risk analysis skills.

    Method of Application

    Interested and qualified? Go to I&M Bank on to apply

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