Senior Manager – Credit Assessment at Diamond Trust Bank (DTB)

About the Role:

To manage the Credit Risk Assessment function effectively and ensure quality of service as laid down by the policy and procedure.

Key Responsibilities:

• Credit Risk Assessment
  • Review of credit proposals and recommendation to Management Credit Committee (MCC) and Board Credit Committee (BCC) for approval or otherwise.
  • Credit assessment of Customer’s credit applications in compliance to Bank’s credit policies and Regulator requirements.
  • Review facilities renewal requests to assess whether they have been conducted within the set terms and conditions.
  • Liaising with Credit Analysts and Relationship Managers to ensure that credit proposals presented to MCC meet the required standards of underwriting and contribute positively to building a quality portfolio.
  • Evaluation of counter-party credit risks associated with the Bank’s Wholesale and Retail lending with the primary objective to grow Bank’s asset book within acceptable credit risk parameters.
  • Monitoring of covenants and Risk Triggers on the assigned portfolio and carrying out periodic reviews in order to make appropriate recommendations to management so as to improve and maintain the quality of the portfolio.
• Credit Approvals and Reviews
  • Contribute to a Quality and highly productive Loan Book portfolio. This includes recommendation of quality applications and strict adherence to Credit Policy and procedures, CBK Prudential Guidelines as well as industry best practices.
  • Maintain and improve on Turnaround Timelines as recommended and as covenanted with Business Units.
  • Take part in periodic Credit reviews, Policies and Procedures reviews, stress testing and deep dive analysis.
• Reporting
  • Supervise and review completion of internal management and statutory reports (CBK, MCC) on monthly and quarterly basis as appropriate.
  • Assisting in Preparation and clearing of Board reports and ensuring the reports are in order before forwarding them to the Head of Department, Risk (BCC).
  • Contributing towards derivation, formulation and implementation of credit policies and procedures.
  • Credit risk management/evaluation: Assist management in making quality credit decisions by Undertaking credit assessment and evaluation of Customer Credit requests using, financial information, and market information and all other available data in line with Banks Credit policy, lending parameters and Credit appetite.
  • Continuously and regular review the Business Banking Credit portfolio of any other as may be assigned to Identify and mitigate risks and make recommendations for approval incompliance with approval matrix.
  • Assist business growth in a sustainable and profitable by ensuring optimization of targeted profitability and compensation leveraging on risk-based pricing and fee models.
  • Maintain and improve agreed Turn -Around Timelines for assessment of credit proposals and requests.
  • Continuously keep track of exposure performance to ensure early identification of deteriorating trends and to monitor performance of drawn exposures or projects and trigger remedial action as appropriate.
  • Continuously review all available credit reports and perform stress and other checks keep track of exposure performance to ensure early identification of deteriorating trends to trigger remedial action.
  • Undertake periodic Customer visits to support business growth opportunities in structuring deals.
  • Closely liaise with Credit Monitoring & Control and Business Support Units to facilitate early reporting, intervention and turnaround of deteriorating exposures.
  • Regularly engage RMs for timely annual review of facilities and closure of control items and covenants.
  • Recommend best practices and Identify opportunities to improve processing efficiencies to enhance Customer experience and make the customer journey an exciting experience.
  • Periodic monitoring of assigned portfolio to ensure Credit risk exposures are managed within the established Sector Limit Caps, Appetite, standards and Regulatory requirements.
  • Engage and partner with Business Growth, Strategy and Products Teams to review/enhance existing and Develop New Lending Products as well as review market developments and industries analysis.
  • Monitor portfolio to ensure Credit risk exposures are managed within the established Sector Limit Caps, Appetite, standards, and Regulatory requirements.
  • Follow up of recommendations made by internal/external auditors and central bank inspectors to ensure due implementations by management.
  • Participate in the formulation and implementation of Bank policies and procedures as may be directed in liaison with the Head of Department.
  • Maintain and regularly update the Bank procedures and Manuals.
  • Monitor all aspects of the bank’s policy and procedures.
  • Prepare and process related board papers.
  • Liaison with professionals i.e. advocates on matters relating to security documentation.
  • Ensure prompt implementation of all Senior Management/ Board decisions.
  • Conduct continuous, monthly, quarterly and half yearly Risk Reviews as necessary for all Units.

Personal Competencies:

• Certified Investments and Financial Analyst
• Certificate in Omega Credit Skills Development
• Executive Certificate of Proficiency in Insurance
• Excellent communication and interpersonal skills.
• Ability to work collaboratively with cross-functional teams.
• Strong analytical and problem-solving skills.
• Strong and proven relationship management skills.
• Self-motivated with a proactive approach.

Skills & Qualifications:

• University Degree in a relevant field e.g. Commerce, Economics, Business Administration
• 5 years’ experience in banking
• Certified Public Accountant will be an added advantage