Job Description
Working closely with the Manager – Credit Administration, he /she will ensure compliance with internal credit policies and procedures, best practices and CBK prudential guidelines to facilitate management of credit risks within tolerable levels. The Job holder will ensure that ALL loans approved by credit committees follow the laid down procedures, are complete in all material aspects and safeguard the institution from losses that may emanate from acts of negligence.
Perform both pre and post disbursement check to ensure only quality and complying loans are disbursed as per policy and offer.
Review and approval of credit cancellation, waiver and refunds through proper analysis as per policy and governance process.
Enforce adherence with Credit compliance and control procedures which involves both internal procedures and that of the regulator on credit facilities.
Ensure Credit compliance by branches within Faulu Microfinance Bank standards and regulatory requirements pertaining to Money Laundering, Know-Your-Customer (KYC) policies and Counter Financial Terrorism (CFT).
Ensuring that Credit Compliance queries are fully closed and that there are no repeat findings across all branches in terms of lending and credit operations
Ensure reversals are initiated and/or immediate recovery of loans found to be inadequate and in contravention of credit policies and procedures and escalated for further action.
Monitor, on a continuous basis, all transactions to ensure that unusual and suspicious transactions are reported to the Money Laundering Reporting Officer (MLRO)
Log in issues of concern from each branch and escalate it to the branch manager, credit administration department management for further action
Covenant tracking and monitoring to ensure the bank is safe guarded to any eventualities of recovery.
Do any other duties that may be assigned by management from time to time
Education
Business related degree
CPA 2
Experience
3years
Experience in credit administration/documentation
Proficiency in T24 core banking system is an added advantage
Personal Attributes
Capacity and willingness to work for long hours and within strict deadlines
Excellent interpersonal skills
High degree of confidentiality
Analytical mind.
Knowledgeable on the Financial services sector
Assertive
Fast in decision making
Honest
Highly organized
Creative and Innovative
Good team player & proactive
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