Job Purpose

• To maintain the quality of credit facilities advanced by ensuring credit documentation is enforceable and the bank’s interests in collateral are secured, regulatory compliance and ensure that borrowers meet their contractual obligations as stipulated in loan contracts.

KEY RESPONSIBILITIES AND ACCOUNTABILITIES

• Ensure compliance with CBK and Microfinance Act regulatory requirements and other regulations
• Disbursement of loans according to the approved terms ensuring that all loan account balance, commissions, and interest are properly calculated.
• Preparation of IFRS 9 reports, ISAS39 reports and other management reports as well as periodic returns to Central Bank of Kenya and credit reference bureaus
• Management of a database and loan listings of all loans received into the department
• Designing, reviewing and updating a risk-based model for the Bank
• Preparation of timely and accurate facility offer letters and return of the same from customers in liaison with the Account Relationship Managers
• Ensuring proper securities perfection and registration process
• Manage loan migration by ensuring zero arrears on all performing credit Facilities.
• Maintain an up-to-date register for all securities including valuations and insurances, and their maintenance in the banking system as well as safe custody of the same as per the control procedures
• Collection of loan related fees and commissions for all loans.
• Improving digital loan platforms, loan management systems and other related systems
• Preparation and reconciliations of the loan disbursement reports
• Supporting both internal and external Audit exercise including regulatory Audits
• Management of Loan Files after loan disbursement
• Analyze credit propositions as allocated and recommend for approval
• Reviewing assigned files for compliance of the approval conditions
• To perform any other duty as assigned in line with the organization goals and objectives

Minimum Qualifications and Experience

• Holder of bachelor’s degree in BCOM or a Business-related field.
• Professional qualifications such as CPA, CCP or CIFA etc
• Not less than 5 years in Credit management and extensive knowledge of lending products and prudential guidelines.
• Good knowledge in debt management will be added advantage
• Ability to lead teams and deliver business results.
• Must be self-driven; possess excellent administrative, communication and interpersonal skills,
• strong organization, and negotiation skills.

Closing on 29th May 2025