Senior Manager – Credit Evaluation

• To provide effective value adding risk management to assist Retail & Business Banking in achieving their asset growth targets, whilst maintaining a quality-lending book, through judicious and effective management thereof.
• The delivery of a professional service to the business units, by assessing and evaluating credit facilities (new and/or existing) based on sound credit & financial principles, which support the minimising of risk to the bank. 
• Such service to the business units also includes training & guidance with the provision of alternatives to maximize the required growth of the debtor book with sound & intuitive lending as well as to take timely corrective action, minimising the probability of default and/or write-off where deterioration of circumstances has been identified.

Key Accountabilities

• Ensure that the Credit Standards, Credit Policy, Procedure Manual, Risk Acceptance Criteria and Rehabilitations and Recoveries Processes are in place and that they conform to best practice at all times.
• Evaluate whether Credit proposals meet sound business criteria and credit risk falls within acceptable parameters, approve and recommend appropriate credit facilities including terms or conditions of facilities. Delegated Authority Limit of upto Kes. 30M.
• Ensure accuracy and reliability of approvals within advised DA, or referrals to higher authority, on credit applications reviewed.
• Approve draw-down of facilities (limit slips) once satisfied that all terms and conditions of sanction and/or covenants that require action prior to draw-down have been met and all the required security is in order.
• Identify, quantify and evaluate sources of risk in relation to profitability of business proposals and financial viability of Retail & Business Banking clients as a whole, interrogates/probe.
• Utilize Industry risk analysis available to identify and understand contextual threats to existing and potential clients.
• Ensure timely and quality credit assessment and decisions are made.
• Manage adherence to the service level agreements that have been concluded. 
• Detect and evaluate shifts or changes in key risk parameters and evaluate the implications of such changes on continued banking relationship.
• Issuing of sanction letters, clearly stating the conditions and requirements of the lending.
• Actively hind sighting lending decisions to ensure that correct procedures are being followed in the approval of facilities, which will prevent new Non-performing loans.
• Regular perusal of relevant internal & external communication, such as circulars, economic reviews on industries, & financial or industry publications to ensure that any development, new requirements or external risks are properly taken cognisance off in lending decisions or conditions of lending.
• Staff training internally (credit staff) and externally by supporting frontline staff with the emphasis on the requirements to make a meaningful assessment of the credit risks involved. 
• Manage the implementation of Credit processing systems and software including, but not limited to, Personal Application Scoring (PAS), Workflow System (I-apply), Risk Grading (BBRS), Spreading tool; and monitor performance of same.
• Participate in Management Lending Committee, EXCO, Risk Management Committee and other relevant committees as required. Present Reports and address issues relating to the Retail and Business Banking Credit Portfolio.
• Ensure that accounts identified as problematic are taken up with the Director of Retail Banking to ensure that remedial action is taken to regularise the exposure and/or downgraded to Collections & Customer Debt Management or assigned to Special Assets. Ensure that such accounts are placed on the watchlist in the first instance.
• Ensure compliance with all legislative, regulatory bodies as well as Know Your Customer (KYC) and Know Your Processes (KYP) requirements
• Ensure that Credit related matters identified as substandard by internal and external auditors are resolved and timely remedial action is implemented.

Principal Outcomes for this Role

• Risk Management: Maintain a high quality-lending book, through the judicious and effective management thereof.
• Customer service / performance measurement: Add value to Retail & Business Banking by delivering a prompt, efficient and professional risk management service.
• People management: Optimise through the creation of a cohesive/skilled leadership/management team, the attraction, development and performance of staff by promoting the right skills, competencies and business accountability.
• Internal process: Management of knowledge/information/technology and costs.

Academic Qualifications

• Bachelor’s degree in Commerce, Economics, Finance, Business Administration, Education or Social Sciences from a recognized university.
• Professional Accounting e.g., CPA, ACCA, CFA or a qualification in Analytics will be an added advantage

Experience

• Experience in Credit Risk Management or at least 5 – 7 years

Technical Competences

• Extensive knowledge and expertise in in financial solutions within the financial services industry
• In depth understanding of Credit Origination, Business Analysis, Advanced Credit Evaluation, Credit Portfolio
• Management and Sanctioning of Facilities
• Must have exercised a Delegated Authority Mandate