Assistant Manager Risk Management Job at Kenya Industrial Estates

Oct 30, 2016

Kenya Industrial Estates is a Micro, Small and Medium Enterprises established in 1967 with the mandate of promoting industrialization through indigenous enterprise development in the country.
 
To achieve this mandate, the company provides Industrial Parks, medium to long term financing, and business advisory / training services.

The company plans to fill the following positions with a view to effectively discharge on its mandate:

Job Title: Assistant Manager Risk Management 

 
Reporting Relationships
 
Direct Reports to:- Manager Risk / Credit Management 

Job Purpose:-
 
a) This is a position responsible for the overall Risk Management Function and successful attainment of a healthy loan portfolio through risk mitigation.
 
b) To promote and sustain a culture of risk management discipline within the institution and ensure that there are effective internal controls, policies and procedures, systems and a risk management framework that supports business sustainability and continuity as well as ensuring compliance;
 
c) To anticipate and proactively ensure management of all potential risks, including credit, operations, information security, regulatory compliance and reputation risks and to initiate actions to pre-empt systemic risks.
 
Duties and Responsibilities
  • To prepare and appraise project proposals for new loans investment in line with the risk management tools and checklist reports and recommend for approval;
  • Ensure that Risk Management Framework is adopted and effectively applied across all departments of the institution;
  • Implement the Credit Risk Management Policy and ensure that the risk management governance structures are fully functional;
  • Ensure that every project proposal approved is technically feasible and economically viable;
  • Manage risk on a day to day basis which includes monitoring and reporting. This should include measures and procedures for:- understanding key processes, risk identification, risk analysis and assessment responding to risks identified and assessed adequate information and communication and monitoring of risk management activities;
  • Review daily credit monitoring and management reports and identify non-performing loans with anomalies and proactively follow-up to ensure corrective action taken in line with credit policy;
  • Monitor all irregularities, past dues, documentation deficiencies and report to their supervisor for corrective action to be taken;
  • Advise on risk issues and prepare reports that will assist in decision making;
  • Facilitate networking with other institutions on credit reference;
  • Spearhead categorization of risks that affect credit and other investments;
  • Initiate special task force on debt recovery upon approval by the management;
  • Participate in the release of securities.
Requirements for Appointment
  • Bachelor’s Degree Finance, Banking, Accounting or Business related field from a recognized institution;
  • Professional qualifications in Credit Management with a minimum of 3-5 years of relevant experience in Credit Risk function at senior level;
  • Relevant Master’s Degree is an added advantage;
  • Proficiency in computer applications;
  • Shown merit and ability as reflected in work performance and results;
  • An understanding of lending products preferable from a Financial Institution;
  • An understanding of an enterprise wide Risk Management Framework;
How to Apply:-
 
Those employees who meet the job requirements as detailed in the advert are encouraged to apply. 

Applications must be accompanied by current curriculum vitae, giving details of educational and professional qualifications and addressed to the undersigned.

Applicants Must also indicate their current and expected salaries. 

The applications should be received not later than 11th November 2016.

HR & Administration Manager,
Kenya Industrial Estates Ltd,
P.O. Box 78029-00507, 
Nairobi.
 
Email: hr@kie.co.ke

Only shortlisted candidates will be contacted

NB: KIE is an equal opportunity employer (EOE) and committed to diversity and Gender Equity.




0 comments:

New Kenyan Jobs :: A Collection of Jobs in Kenya | Number 1 Collection of Jobs in Kenya