Senior Manager; Credit Portfolio Risk at Safaricom Kenya

DESCRIPTION

We are pleased to announce the following vacancy in the Credit & Collections department within the Finance division. In keeping with our current business needs, we are looking for a person who meets the criteria indicated below.

Brief Posting Description                     

Reporting to the Head of Department; Credit & Collections, the individual is responsible for the strategic management of credit risk for all customers through the provision of portfolio-level insight, reporting and analytics; This is through the development, implementation and oversight of the credit risk appetite framework and limits, in alignment with our strategic and financial plans.

Job Responsibilities                

• Partner with commercial business units to provide data supported insights on new initiatives to expand current capabilities and/or improve existing risk management processes. He/she will work closely with business analytics, scoring and product management teams to grow the credit portfolio.
• Derive advanced quantitative analysis to make informed credit risk decisions
• Design and development of effective credit risk management models for the mobile lending product
• Definition of a collection strategy for each portfolio to optimize portfolio profitability
• Continuous research and testing to assure effectiveness of the credit risk models, policies and tools in use by the business
• Portfolio monitoring to identify trends and mitigation strategies to achieve target credit risk metrics
• Ensure business and product heads understand and manage their credit risk responsibilities 
• Use analytical models to evaluating clients’ credit data and financial statements in order to determine the degree of risk involved in extending credit to them
• Analyzing client records and using the data to recommend payment plans
• Assess & report credit risk under multiple climate scenarios 
• Generate periodical Business credit reports & market intelligence
• Responsible for management & timely collection of digital product debt portfolio
• Define an effective collection strategy for each digital product to optimize cash collection.
• Minimize NPL and ensure it is maintained at organization’s acceptable level.
• Deliver automation on credit control key processes to enhance efficiency
• Spearhead section initiatives towards achieving department key objectives
• Preparation and monitoring of section budget
• Manage the objective setting & PDR Review Processes
• Manage and grow talent within the section
• Preparation of Management reports and audit schedules
• Driving departmental digitization initiatives to sustain continuous improvement through simplification, automation and automation of processes.

QUALIFICATIONS

• A Bachelor of Commerce honors Degree from a recognized University.  A Post Graduate Degree, CPA (K), ACCA ACA will be an added advantage.
• Relevant professional qualification/Certification in Credit Management preferably Diploma in Credit Management.
• Must have 8 years’ experience in Credit and/or Risk Management in a busy environment of which 4 years should be in a Management level with proven track record.
• Proven experience in understanding on debt acquisition and management
• Proven experience in team leadership
• Demonstratable strong numeric and analytical skills

• Proven communication and presentation skills, including messaging skills, applied confidently and consistently in a high-pressure environment
• Organizational and project management experience and the drive to lead projects to successful outcomes
• Effective networking skills and the clear experience quickly building trust and rapport with internal and external stakeholders