Regional Director of Credit Risk, VisionFund International at World Vision Kenya

Major responsibilities

MFI Policies

• Approve MFI credit policies, products,  aligned to the VFI Network Credit Policy, new product rollouts, pricing, concentration limits, within the authorities established in the VFI Credit Risk Framework.
• Manage the delegation letter renewal, and certification tracking of all MFIs compliance to the VFI Network Credit Policy throughout the portfolio MFIs, working closely with the Regional Teams.
• For MFIs which are not yet certified, overhaul and realign MFI Credit Policies with the aim of all MFIs being certified against the VFI Network Credit Policy.
• Maintain the VFI central repository of approved credit policies, products, exemptions, concentrations, products and change tracking.
• Periodically cross check policies which MFIs or regional teams have approved, for compliance to the VFI Network Credit Policy.

Capacity Building

• Mentor and coach MFI Risk managers on:
• Risk appetite statements (aligning on minimum standards, how to report on them and track against actuals
• Reporting to their senior leadership team and Board Asset and Risk committees, using the minimum reporting standards of VFI
• How to analyse and interpret the reports
• Writing clear policies, and products, so that MFIs grow in maturity
• Conduct quarterly MFI Credit Risk Policy and Products Committee meetings and train MFIs in the level of authority they have according to the VFI Credit Risk Management Framework.
• How to adjust a product or policy to mitigate risks while still achieving the MFI’s objectives.

Credit Risk Reporting

• Analyse and report on key credit risks in portfolio countries and each month, meet with the Regional Director to present the analysis and interpretation. Maintain meeting minutes, and action tracker.
• Track pilots against limits and end dates and prompt MFIs to resolve discrepancies, escalating to Regional Director as required.
• Support the Director of Credit Risk in data analysis, data cleaning and report preparation for VFI Credit Risk reports.
• Identify and escalate breaches to approved limits. Liaise with BBI to correct any mis-reporting.
• Recommend ‘on watch’ portfolio classification in MFIs under responsibility, and monitor progress to resolving issues.

Knowledge, skills and experience 

Required

• University degree, preferably in banking or business administration
• 5 years experience in regional and/or global roles in microfinance with MFIs in different contexts
• 2 years technical experience in Credit Risk, MFI internal controls, policies and credit products and processes 
• Experience living and working cross culturally
• Effective in written and verbal communication in English
• Excellent skills in excel
• Computer literacy and ability to analyse microfinance data

Preferred

• 10 years experience in microfinance or financial services
• Spanish language skills, to advanced/business level
• Experience in Credit Risk oversight and reporting
• Experience as microfinance practitioner / manager, and track record in producing good credit performance

Languages and Travel 

• Expected travel is 4 trips per year.
• Willingness to travel internationally, potentially up to 25% of the time is preferred.
• Able to work from home