Thursday, 2 September 2021

About Caritas

Caritas Microfinance Bank is licensed and regulated by the Central Bank of Kenya. We offer a full range of innovative and customized financial solutions.

Our Vision

The household bank that adds value to all.

Our Mission

We are an ethically driven Microfinance Bank that seeks to exceed customer expectations by providing convenient and innovative financial solutions while growing shareholder value.

Reporting to the Credit Manager and assists in overseeing and implementing the Bank’s

Risk Management & Compliance framework

KEY RESPONSIBILITIES AND ACCOUNTABILITIES

  • On-boarding good quality credit facilities to support business growth
  • Ensuring adherence to the Bank’s credit policy and the CBK prudential guidelines in lending
  • Responsible for timely, error & fraud-free review of customer facility requests
  • Ensuring adherence to the SLAs relating to completion and progression of credit applications; Ensuring the correct securities are stated in all the credit applications and any gaps on securities are escalated to the Head of Credit Risk Management, and Legal for corrective
  • Effective organization and follow up on action points of various Credit Risk Committee
  • Ensuring the unit SOP is up to date and
  • Monitoring conditions of approval of
  • Ensuring proper filing and archiving of all documentation generated from processing transactions within the unit
  • Ensure critical risk monitoring for compliance with all statutory requirements and monitor the entire Company’s Portfolio, highlighting specific action points for accounts in excess/over approved limits, and loans in arrears
  • With the help of periodical diaries from the Credit Administration unit, monitor and control pre-&post-approval -financial and non–financial covenants/conditions and compliance therein
  • In conjunction with the Credit Administration unit, provide the relevant input information & coordinate the updating of the Bank’s Core Banking System for purposes of compiling periodic Corporate Credit Risk Management Reports as per CBK &the Bank’s Credit Risk policies/requirements
  • Review and propose risk rating grades and ensure the pricing mirrors the inherent risks in all application proposals
  • Filing of all credit approvals with the relevant supporting documents
  • Preparation of letters of offer and ensuring they incorporate all approval conditions/covenants and security documents as stated therein, before final sign off
  • Manage the disbursement process to ensure it is as per the parameters set out in the approval
  • Handle credit related customer queries to their satisfaction
  • To perform any other duty as assigned in line with the organization goals and objective

Qualifications & Experience

  • A Bachelor’s degree in a business-related field
  • Professional accounting/banking accreditation e. CCP, CFA, ACCA or CPA will be an added advantage
  • 3-5 years’ experience in the Banking sector Competencies & Skills
  • Ability to critically analyze financial data
  • Knowledge of banking operations, products, processes, and regulations
  • Excellent judgment and fact-based decision-making abilities
  • Ability to maintain composure under high-pressure situations and deliver results in a timely manner
  • Excellent written and verbal communication
  • Strong interpersonal skills

The post appeared first on Jobs in Kenya - http://jobwebkenya.com/.



The post is republished from Jobs – Jobs in Kenya – http://jobwebkenya.com/
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