Manager, Credit at Kenya Industrial Estates

Reporting Relationships
Direct Reports to:- Managing Director

Job Purpose:-

• This is a position responsible for the overall leadership of the generation of loan portfolio function and successful attainment of a healthy loan portfolio.
• To promote and sustain a sound Credit Management discipline within the institution;
• To represent the Credit function to the Board and ensure that there are effective standards and internal controls, policies and procedures, systems and a credit management framework that supports business sustainability and continuity as well as ensuring compliance with various regulatory standards;
• To anticipate and proactively ensure management of credit, operations, information security and regulatory compliance.

DUTIES AND RESPONSIBILITIES: -

• Spearhead and direct the credit department team into research and evaluate clients’ creditworthiness in order to achieve strategic goals of the company;
• Administer appraise all new projects investment and ensure that all projects for approval are technically feasible and economically viable;
• Ensure that Credit Management Framework is adopted and effectively applied across all the Branches within the institution;
• Implement the Credit Management Policy and ensure that the credit management governance structures are fully functional;
• Ensure issuance of monthly,quarterly reports on credit. This shall automatically trigger status of the company portfolio;
• Embed operational Credit practices into business activities and support it with appropriate training and awareness for quality company business;
• Manage the daily administration for loan documentation in full compliance with the internal standards and external regulatory requirements;
• Conduct periodical review on loan administration procedures to streamline workflow
• Generate, review and maintain loan disbursement reports for presentation to approval committees, and provide monthly reports on the same, in accordance to the credit policy and guidelines;
• Ensure post disbursement compliance with approved terms and conditions, assignment of rights, review expiry of credits, progress on payment, insurance etc.
• Review daily credit monitoring and management reports and identify gaps and proactively follow-up to ensure corrective action taken in line with credit policy;
• Monitor all irregularities, past dues, documentation deficiencies and report to senior management;
• Advise on credit issues and prepare reports for the Board to assist in decision making.

REQUIREMENTS FOR APPOINTMENT:

• Degree in any Business related fields e.g. (Business, Finance, Banking & Accounting or any other relevant field;
• Master’s Degree in the relevant fields will be an added advantage;
• A certified Member of a professional body;
• A minimum of Seven (7) years of experience in relevant function with three (3) years in a responsible/ management role in a credit environment and shown merit and ability as reflected in his/her work performance and results;
• Experience and a good understanding of Business lending products from the financial services Industry;
• Experience and a good understanding of Credit Management Framework;
• Exposure to demanding operational environments, ability to gain insight into the most effective credit management applications and key points for
• Monitoring the Business environment with a view to advise the management on the best investment strategy
• Gathering data for use in review of credit Policies by monitoring reports
• Performance of administrative duties
• Monitoring of Branch performance in generation of loans.
• Fulfilled the provision of chapter six of the constitution;