Monday, March 11, 2013

Credit Bank Credit Administration and Monitoring Officer job in Kenya

Credit Bank is an established commercial bank and is rapidly growing its branches so as to grow the network. To support our growth strategy, we are looking for dynamic, proactive professionals with strong credential and relevant work experience to fill the positions below:

CREDIT ADMINISTRATION & MONITORING OFFICERREF:CADM/001/13
Reporting to the Head of Credit, the successful candidate will be responsible for monitoring and ensuring that the credit portfolio is not impaired.

Main Duties:
  • Pro-active monitoring of credit performance to ensure timely repayment.
  • Monitoring compliance by the Relationship Team of the credit approval conditions e.g. securities, insurance, valuations, covenants, financial information, etc.
  • Reviewing loans and limits maintained in the system to ensure they are booked as per the approval terms. i.e. amounts, interest rates and repayment period, etc. and initiating corrective action where required;
  • Preparation of Credit Reports for daily, weekly and monthly review of portfolio at risk.
  • Maintain an effective Early Warning reporting System of credit impairments and taking corrective action.
  • Able to evaluate risk, monitor and ensure that loan recovery is carried out timely and in an efficient manner.
  • Liaising with the bank’s Legal Department and outside debt recovery agents to ensure timely action where default is identified.
  • Propose and implement work up procedures for impaired loans.
  • Management of the NPA portfolio.
Minimum Qualifications and Experience
  • Holder of Bachelors degree in a business related field. Credit management qualifications will be added advantage
  • 5 years banking experience, 3 of which should be in Credit Administration or Credit Management.
  • Must be self-driven; possess excellent communication and interpersonal skills, strong organization and negotiation skills.
  • Creative, ambitious, self-driven and results-oriented with an understanding of performance driven business.
How to Apply
If you believe that you have the required qualifications and experience to fill in the above position, kindly send your detailed resume together with a cover letter clearly indicating the Ref number to reach the undersigned by 14th March 2013;

Head of Human Resources,
Credit Bank Limited,
P.O. Box 61064-00200, Nairobi
career@creditbankltd.co.ke

Only short listed candidates will be contacted.