Portfolio Management Officer at Co-operative Bank of Kenya

The Role

 Specifically, the successful jobholder will be required to:

• Ensure accurate preparation and timely submission of all statutory reports
• Ensure Reclassification of Loan portfolio book as per Prudential Guidelines.
• Ensure external questionnaire by CBK, KBA and DFI’s are returned on time.
• Review changes to data values and meanings.
• Review data model, architectures and specifications.
• Assess and determine whether business applications meet data requirements.
• Facilitate the resolution of data issues. Then communicate and promote the value of data.
• Ensure compliance by frequent review of provision requirement for loans
• Advise the finance department on Provision requirements on the impaired loan
• update & recalibrate IFRS9 model computation of ECL, as well as run & configure the EIR model.
• Dealing with the Bank External Lenders regarding Credit issues
• Handle external lenders and ensure compliance on Covenants and reports
• Monitor repayment schedules, rates, follow-up on rebates
• Follow-up & ensure all recommendations with regards to credit review is implemented
• Carry out data analysis as requested by the Lenders
• Notify, implement & monitor prevailing variable base rates: e.g. CBR as per changes / Base lending rate
• Forensic reconciliation of accounts to ensure nil over/under charge of interest.
• Design and develop risk grading methodologies for MSME and Personal loans for use in risk-based pricing.
• Revenue assurance.
• Advise finance on monthly manual schedule interest
• Strict adherence to all regulations, statutes, standards, practices and all internal processes and procedures as per the relevant manuals and comply with all relevant external legislation and regulations with regard to Compliance requirements.

Skills, Competencies and Experience

 The successful candidate will be required to have the following skills and competencies:

• A bachelor’s degree in business related field from a recognized University with at least three years working experience.
• Advanced Computer skills especially in Microsoft Office Applications as well as analytical skills.
• Thorough understanding of The Credit Policy and Prudential Guidelines
• Business Development skills and Understanding of the core banking system preferably Finacle system
• Excellent in IFRS 9 and Loan portfolio reporting
• Personal organization and thoroughness coupled with the ability to work under minimum supervision with good Judgment and decision-making skills.