EXCITING CAREER OPPORTUNITY
Greenland Fedha Ltd is a wholly owned subsidiary of KTDA Holdings and a Micro Finance Institution with a country wide network whose mandate is to provide financial services to the low income households in the tea sub-sector. We are seeking to recruit highly talented professionals to contribute positively to our business growth.
To ensure continued success and growth, we are seeking a dynamic and highly talented individual to join our management team in the following exciting and challenging position. Interested candidates must have a proven track record of performance, possess excellent interpersonal, communication and presentation skills. Computer literacy, ability to meet deadlines and deliver under pressure is essential.
HEAD OF CREDIT AND OPERATIONS – ONE (1) POSITION
Position Scope:
Reporting to the General Manager-Greenland Fedha Ltd, the successful candidate will be responsible for overseeing the entire lending process, from the initial application and review, underwriting and the disbursal of loan request.
Key Responsibilities:
Formulating and implementing the Greenland Fedha’s credit policy.
Conducting regular reviews of the credit policy to ensure its relevance to business requirements and statutory regulations.
Developing and implementing of the Greenland Fedha’s credit strategy.
Providing credit forecasting and monitor credit related performance
Implementation of credit risk assessment methodologies, including credit scoring models and credit vetting criteria and processes and maintaining custodianship of all credit related data.
Providing objective assurance that major credit risk factors are being managed appropriately and internal credit controls are functioning effectively.
Ensuring compliance with the Greenland Fedha’s credit policies and procedures.
Ensuring that customers’ financing needs for working capital and capital expenditure are addressed appropriately and profitably through the offer of suitable credit products.
Formulating and optimizing credit scoring strategies in various business areas.
Managing credit risk though regular analysis and evaluation
Contributing to pricing structures for new products and reviewing and monitoring established pricing guidelines
Monitoring repayment progress and leading collections initiatives for delinquent accounts.
Liaising with the Credit Reference Bureau on prospects/ commitment clients and report the under performing loans to ensure non- migration of bad assets within the industry.
Carrying out credit appraisals to vet all credit proposals from branches and other lines of business.
Recommending and implementing recovery measures for non-performing or bad loans
Preparing management reports on loan trends and use analysis for future operational growth.
Qualifications /Competencies/ Experience:
The ideal candidate must possess the following qualifications, experience and competencies:
Bachelor’s degree in Business, Finance or related field
Master’s degree in Business, Finance is an added advantage
Minimum ten (10) years’ experience in experience in a credit function within a bank, financial institution or other service oriented organization. 4 years at a Senior Management level with a focus on credit risk.
Good understanding of credit processes, lending and customer care.
Must have demonstrated ability to handle departmental budgets, resources, processes, projects and relationships
Should have thorough knowledge of the relevant industry/sector as well as knowledge of regulatory requirements affecting the relevant sector
Must be capable of functioning effectively both as a team player and a team leader
Must have ability to plan, organize, implement and evaluate departmental goals
Must demonstrate ability to handle multiple and conflicting priorities, and work under strict deadlines.
Should have strong analytical and be result oriented
Must have high standards of integrity and ethical practice
Must have management and Leadership skills
Must have ability to accurately plan work assignments, prioritize tasks and deliver deadlines
Should have problem solving and decision making abilities
Should be an effective communicator with the ability to handle both internal and external communication
Should demonstrate ability to identify and respond to risk areas within the department
Should have effective people management and conflict resolution skills
Must have knowledge in use of MS office packages
