Head of Credit Job Responsibilities
Formulate and implement strategies and action plans to minimize credit risks, prevent losses, maximizerecoveries and profits. b) Supervise and review on an ongoing basis both the Lending Policy and the Lending Manual of the Corporation.
Maintain quality of lending portfolio through management and monitoring of documentation compliance, disbursements, data integrity, corporate scheme loan management etc. in support of businessstrategy. This includes ensuring securities are adequate and enforceable and, held in safe custody in theinterest of the Corporation.
Develop and implement control systems to ensure that loans are given in accordance with the Lending
Policy guidelines approved by the Corporation. e) Co-ordinate the preparation and sound implementation of the budget for the department to facilitate allocation of resources.
Co-ordinate and set performance objectives, standards and targets of the staff.
Maintain overall functional and administrative responsibility of the department.
Receive and review periodic reports of the Department to facilitate decision-making by the Managing
Director, Management and the Board of Directors.
Prepare reports that pertain to credit risk management to the Board of Directors and Management
Reconcile existing and approved provisions, write backs and write offs with the general ledger for audit and management reporting
Qualifications for the Head of Credit Job
Master’s degree
Bachelor’s degree in a business related field
Professional qualifications and membership to a professional body e.g. CPA/ACCA
Up to 7 year experience with 5 years in a supervisory role
Financial analysis and appraisal Skills
Reporting presentation skills
Leadership skills
Shortlisted candidates will be required to provide the following documents:
Clearance certificate from HELB
Clearance for Ethics and Anti-Corruption and Commission
Certificate from a Credit Reference Bureau
Certificate of Good Conduct from the Directorate of Criminal Investigation
Tax Compliance Certificate from Kenya Revenue Authority.
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