Job Purpose

The Credit Manager will be responsible for reviewing all internal and external regulatory and ad-hoc financial reporting and information returns on the Bank’s lending activities. Custody and enforcement of Credit Policies and Frameworks. Ensure that the Bank is compliant with regulatory requirements in its lending activities. Optimize the Banks sales and reduce bad debt losses by maintaining the credit policy. Oversee the assessment of the creditworthiness of potential corporate customers and conduct periodic reviews of existing customers.

Summary of Key Responsibilities;

• Assessing the creditworthiness of commercial and personal bank customers. An individual in this role must have great attention to detail, as well as in-depth knowledge of continually evolving credit scoring and financial services products.
• Take the lead in creating credit scoring models and negotiate loan terms with new and potential clients.
• Management of internal and external audits and the resolution of audit findings.
• Take ownership of audit action log, resolving outstanding findings. Audit facilitation and liaison between internal and external auditors.
• Oversight of collateral custody processes and control. Management of disbursements of credit facilities in line with sanction terms and policy, including fee collection oversight.
• Review of all Central Bank Prudential returns.
• Regularly updating Credit Policies and Frameworks to be in line with best practices as well as evolving business products and strategies.
• Creating credit scoring models for risk assessments.
• Mastery, interpretation and application of the Banking and Financial Services Act, Statutory Instruments, Circulars and publications governing Credit Activities.
• Negotiating the terms of the loan with new corporate clients.
• Board Pack preparation oversight, extends to ensuring action items are addressed, resolved and reported.
• Ensuring all loans and lending procedures comply with regulations.
• Periodically review and update the Bank’s credit policy.
• Management of diary for monthly Management Credit Committee meetings, including circulation of pack and minutes.
• Management of processes around disbursements of credit facilities in line with sanction terms and policy.

Required Skills and Personal Attributes

• Excellent communication skills (Written & Oral)
• Pay Attention to detail
• Exceptionally analytical skills
• Ability to Interpret complicated financial data
• Excellent organizational skills
• Excellent Interpersonal skills
• Excellent Negotiating skills
• Excellent Time skills

Primary Areas of Accountability:

Qualifications and Experience

• Degree in Accounting, Finance, Banking, Business Management, or a similar field
• A Masters in any of the above fields will be a plus
• Must have at least a minimum of 10 years experience as a Credit Manager, Senior Credit Analyst in a Credit Environment of a Leading Commercial Bank or well-established Microfinance Institution
• Must be well-vested in Credit Analysis, Evaluation and Control Management
• Ability to work with most Credit management software
• Must be experienced in working with sensitive financial information
• Good understanding of lending procedures
• Must have an in-depth Financial Analysis
• Must be a people-person, with good interpersonal communication skills.
• Should understand the lending procedures.

QUALIFIED & EXPERIENCED FEMALES ARE ENCOURAGED TO APPLY FOR THIS POSITION

• Reviewing all internal and external regulatory and ad-hoc financial reporting and information returns on the Bank’s lending activities.
• Custody and enforcement of Credit Policies and Frameworks.
• Ensure that the Bank is compliant with regulatory requirements in its lending activities.
• Optimize the Banks sales and reduce bad debt losses by maintaining the credit policy.
• Oversee the assessment of the creditworthiness of potential corporate customers and conduct periodic reviews of existing customers.
• Assessing the creditworthiness of commercial and personal bank customers.
• Take the lead in creating credit scoring models and negotiate loan terms with new and potential clients.
• Management of internal and external audits and the resolution of audit findings.
• Take ownership of audit action log, resolving outstanding findings.
• Audit facilitation and liaison between internal and external auditors.
• Oversight of collateral custody processes and control.
• Management of disbursements of credit facilities in line with sanction terms and policy, including fee collection oversight.
• Review of all Central Bank Prudential returns.
• Regularly updating Credit Policies and Frameworks to be in line with best practices as well as evolving business products and strategies.
• Creating credit scoring models for risk assessments.
• Mastery, interpretation and application of the Banking and Financial Services Act, Statutory Instruments, Circulars and publications governing Credit Activities.
• Negotiating the terms of the loan with new corporate clients.
• Board Pack preparation oversight, extends to ensuring action items are addressed, resolved and reported.
• Ensuring all loans and lending procedures comply with regulations.
• Periodically review and update the Bank’s credit policy.
• Management of diary for monthly Management Credit Committee meetings, including circulation of pack and minutes.
• Management of processes around disbursements of credit facilities in line with sanction terms and policy.

• Excellent communication skills (Written & Oral)
• Pay Attention to detail
• Exceptionally analytical skills
• Ability to Interpret complicated financial data
• Excellent organizational skills
• Excellent Interpersonal skills
• Excellent Negotiating skills
• Excellent Time skills

• Degree in Accounting, Finance, Banking, Business Management, or a similar field
• A Masters in any of the above fields will be a plus
• Must have at least a minimum of 10 years experience as a Credit Manager, Senior Credit Analyst in a Credit Environment of a Leading Commercial Bank or well-established Microfinance Institution
• Must be well-vested in Credit Analysis, Evaluation and Control Management
• Ability to work with most Credit management software
• Must be experienced in working with sensitive financial information
• Good understanding of lending procedures
• Must have an in-depth Financial Analysis
• Must be a people-person, with good interpersonal communication skills.
• Should understand the lending procedures.