Credit Portfolio Manager- Salaried Loans at Limited Liability Company

Job Reference: CPMSL.1/2020
Department:CREDIT
Reporting to: HEAD OF CREDIT

JOB DESCRIPTION

The portfolio manager is responsible for growth and management of the business loan portfolio through credit underwriting, managing the prescribed portfolio quality and profitability. The portfolio manager owns and is accountable for understanding credit risks associated with the business loans portfolio.

DUTIES OF A CREDIT PORTFOLIO MANAGER- SALARIED LOANS

• Drive the credit strategy through salaried loans portfolio.
• Enforce Credit Policy and risk management policy with regards to salaried loan portfolio.
• Ensure accurate completion of internal loan reviews and determination of appropriate risk ratings. Provide credit risk management of the salaried loan portfolios
• Formalize action plans for loans having upcoming maturity dates
• Review of loan applications and analysis of credit information to assess member’s credit worthiness
• Conducts in-depth analysis of pay slips, MPAs, other bank & M-pesa statements of salaried loans applicants.
• 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 salaried loan policies and procedures, credit analysis, financial statement evaluation, and credit investigations.
• Administers 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 salaried loans.
• Continuous and timely updating of loan accounts with periodical repayments to reflect accurate member’s balances;
• Efficient recovery of all matured loans; Continuous monitoring of loan repayment for timely detection of non-payment and or stoppage;
• Collaborate with relevant stakeholders and check-off providers in tracing defaulted loans and initiating recovery measures.
• To ensure the attainment of Loan repayment & recovery department targets, objectives and management of PAR per product and overall.
• Advise the Head of Credit on all matters relating to debt management and loan recovery;
• To ensure the development & implementation of succession planning policies through the establishment of coaching & mentorship programs; and Preparation and submission of periodic repayment and recovery reports to the Head of Credit for onward discussion by the management and the Board.
• Provide analytical data in relation to product, demographic, gender, sectorial reporting etc.
• Any other duties that may be allocated 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.

Only shortlisted candidates shall be contacted.