SBM Bank Head of Credit Administration Job in Kenya

Jun 19, 2017

SBM Bank

Job Vacancy: Head of Credit Administration

SBM is a leading Financial Services Group present in Mauritius, Kenya, India, and Madagascar and with a representative office in Myanmar. With our entry to Kenya, the Group is expanding into the East African region. 

With a solid track record for over 43 years, we have been constantly building up our strength in innovation, flexibility, accessibility and reliability. These are the key attributes that have contributed to our reputation and trustworthiness.
 
 
SBM is one of the leading financial institutions in Mauritius, with total assets of USD 4.37 Billion (KES437 billion) as at December 2016. SBM Holdings Ltd is listed on the Stock Exchange of Mauritius, with a market capitalisation of USD 593 M (KES 59.3 billion) as at 31st January 2017, representing third largest listed company in Mauritius.
 
As a Group, human capital is at the heart of our development. In our quest to be the Employer of Choice, we are laying increasing emphasis on developing and nurturing our talent pool. SBM is a reference for creating talent for the world of tomorrow.

Open your door to success by joining us in the following challenging position:
 
Head of Credit Administration

Ref: SBMK/HCA/02/17
 
Reporting to the Chief Risk Officer, will supervise the maintenance of the entire documentation associated with all credit applications, credit support, control systems and other practices necessary to manage the outstanding risk assets of the Bank to normal repayment and to properly and effectively monitor credit risk. 

She/he will also design, review and implement credit administration structure and procedures within the bank.

Core Responsibilities:
  • Ensuring that all conditions precedent for credit facilities are in place and the necessary deferrals / waivers sought from Management Credit Committee, prior to signing off for disbursement of all credit facilities;
  • Ensuring post disbursement compliance with approved terms and conditions, assignment of rights, review expiry of credits, progress payment insurance etc
  • Review loan documents and liaise with internal and external parties to ensure proper and efficient delivery of credit administration duties
  • Provide information to Finance Department to assist in the preparation of monthly/quarterly reports to Central Bank of Kenya e.g. monthly reports etc
  • Monitor all irregularities, past dues, documentation deficiencies, etc., and report to Executive Management / Management Credit committee
  • Ensure compliance with the internal policy, credit approval terms and conditions, regulatory ratios / policies etc;
  • Ensure that there is a robust process for the safe custody and control of all security documents
  • Supervise the Credit Administration team to ensure adherence to good credit administration practices;
  • Provide training for Business Units & coaching for Credit Risk Management staff on credit related topics
  • Review daily system credit monitoring and management reports and identify non- performing accounts with irregularities and proactively follow-up to ensure corrective action is taken in line with credit policy
  • Responsible for collateral valuation, collateral monitoring and collateral reconciliation with original documents
Qualifications, Experience & Skills:
  • Degree in Business field preferably in Finance / Accounting) or a relevant professional qualification
  • Postgraduate qualification will be added advantage
  • Seven (7) years, 3 years of which should have been in management position
  • Knowledge of Central Bank’s regulatory requirements on lending and reporting
  • Computer literacy with proficiency in Microsoft suite and also familiar with the Bank’s credit software
  • Proactive problem solver with excellent credit and analytical skills
  • Knowledge of the Bank’s credit policies and procedures
  • Good credit analysis skills.
  • Excellent managerial and decision making skills
  • Strong marketing/ business development acumen
  • Strong administrative, communication and people management skills,
  • Strong ethical & professional values, autonomous & result oriented with a clear determination to succeed.
How to Apply

If you believe in taking new challenges with the right mindset and match the job profile, please send your application letter with your C.V. to:
 
The Manager, Human Resources,
SBM Bank (Kenya) Limited, 
Head Off ice, IPS Building,
6th Floor, Kimathi Street,
P.O. Box 34886-00160, 
Nairobi, Kenya 

or email to careers@sbmbank.co.ke
 

All applications should be received by latest, Friday 30th June, 2017. 

Kindly note: All applications will be dealt with in strict confidence.
 
The Bank reserves the right to call only the best candidates for interview and not to fill this position following this advertisement.
 
SBM Bank is a reference for creating talent for the world of tomorrow.
SBM Bank is an Equal Opportunity Employer.
One step in the right direction and a giant leap for your career.





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