Jobs Opportunity Kenya : Consolidated Bank Jobs And Careers In Credit
Consolidated Bank of Kenya Jobs Vacancies
Consolidated Bank seeks recruit competent and highly motivated individuals for the following positions:
CREDIT ADMINISTRATION MANAGER
Reporting to the Head of Credit, the successful candidate will be responsible for planning, directing and controlling the operations of the credit administration unit in order to ensure that the credit portfolio is properly managed.
Key responsibilities
• Ensure that offer letters are appropriately drawn and conform to approval conditions.
• Ensure that the Bank’s securities are perfected in all respects.
• Ensure safe custody of all the security documents.
• Monthly review of the portfolio and generation of the appropriate management reports.
• Management of the non-performing accounts, arrears and excesses position.
• Responsible for timely and accurate credit reports to Central Bank of Kenya, Credit Committee, Board of Directors, External Auditors and Credit Reference Bureau
• Maintain an effective Early Warning reporting System
Qualifications and Competencies
• Holder of Bachelors degree in a business related field. Professional banking qualifications will be added advantage.
• 5 years banking experience, 3 of which should be in Credit Administration or Credit Risk Management.
• Knowledge of lending products and prudential guidelines.
• Ability to lead teams and deliver business results
• Must be self-driven; possess excellent communication and interpersonal skills, strong organization and negotiation skills.
CREDIT OFFICER
The Credit Officer will responsible for analysis and appraisal of credit applications.
Key responsibilities
• Carry out credit appraisal, risk analysis vetting of proposals and making appropriate recommendations.
• Carry out account relationship management role for credit customers.
• Carry out credit administration duties regarding accounts within portfolio and ensure compliance to lending covenants.
• Maintain close follow up on borrowing clients facing loan repayment difficulties and recommend measures for rehabilitation and/or recovery of debts.
• Liaise with Branch Manager, lawyers, auctioneers, private investigators and valuers acting on Bank’s instructions to ensure close follow up is maintained on recovery of irregular debt.
• Prepare letters of offer and letters of guarantee.
• Review performance of customer facilities and make appropriate recommendations regarding non-performing facilities.
• Revision of revenue payable to Bank by customers to ensure that proper rates/charges are applied viz. negotiation fees, interest rates etc.
