Credit Portfolio Manager - Asset Finance, Business and Mortgage Loans at Limited Liability Company

Job Reference: CPMAFBML.2/2020
Department: CREDIT
Reporting to: HEAD OF CREDIT
Location: HEAD OFFICE

JOB DESCRIPTION

The portfolio manager is responsible for the overall asset management and reporting for portfolio of loans to support the development of housing, growth and management of the business loans through credit underwriting, managing the prescribed portfolio quality and profitability. As part of Credit, the portfolio manager supports the achievement of the Society’s overall credit work plan goals in relation to Asset finance, Business and mortgage loans.

DUTIES OF A CREDIT PORTFOLIO MANAGER- ASSET FINANCE, BUSINESS AND MORTGAGE FINANCE LOANS

• Drive the credit strategy through business loans portfolio
• Enforces Credit Policy and risk management policy with regards to business & Asset Finance loan portfolio
• Ensure accurate completion of internal loan reviews and determination of appropriate risk ratings. Provide credit risk management of the business loan portfolios
• Formalizes action plans for loans having upcoming maturity dates
• Review of loan applications and analysis of credit information to assess customer's credit worthiness
• Conducts in-depth analysis of balance sheets and profit and loss statements of business loans applicants
• Conduct regular site visits and prepare site visit reports to the Head of Credit for all loans in his/her portfolio. This will include but not limited to site inspections, appraisals reviews and borrower or project financial analysis.
• Exercise due diligence in operations on Know your customer (KYC),Anti-money laundering (AML) to prevent and detect frauds and forgeries.
• Provides advice and guidance to credit officers at the branch level regarding business loan policies and procedures, credit analysis, financial statement evaluation, and credit investigations.
• Administer loan portfolio to ensure proper mix of loan types, maximization of yields, maintenance of quality control, and minimization of losses
• Implement and maintain controls for underwriting, loan administration and collections of business loans.
• Provide analytical data in relation to product, demographic, gender, sectorial reporting etc.
• To ensure the attainment of Loan repayment & recovery department targets, objectives and management of PAR per product and overall.
• Any other lawful duties as may be assigned from time to time by the Head of Credit or the C.E.O.

BACKGROUND REQUIREMENTS

• Proven experience, as a credit portfolio manager or similar role in credit department
• Strong business acumen
• Sufficient knowledge of modern management techniques and best practices in credit management
• Ability to meet business targets and goals
• Excellent organizational skills
• Be of exemplary integrity and honesty
• Must be empathic to Customer needs
• Be decisive and possess quick judgment skills
• Possess excellent business writing skills
• Be proactive and initiative
• Have excellent communication and interpersonal skills
• Must be self- motivated and be ready to work with minimum supervision
• Be a team player

PREFERRED QUALIFICATIONS

Formal Qualifications

• A relevant degree or Diploma.
• A professional qualification in credit is an added advantage.
• At least 6 years’ experience in a financial institution.
• Be between 32 – 40 years of age.
• Minimum KCSE (C Plain) with C (plain) in English & Mathematics

DISCLAIMER

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.