Our client a fully-fledged commercial bank regulated by the central bank, offering a range of banking services
including foreign exchange, current accounts and corporate finance products is looking to recruit an a Credit Officer.
Job Description:
This position reports to the Chief Credit Officer. The key role being to monitor the loans, advances and manage the
credit risk.
Responsibilities:
- Appraisal of Credit Applications for new facilities, enhancement and renewal
- Review of Bank’s Loans and advances to different sectors
- Review monthly limits expiring within the following three months and call for the appropriate data to
facilitate appraisal and approval of the facility prior to expiry. - Marketing for new business.
- Process & Issue offer Letters
- Issue Limits- Markup/ Disbursement of funds
- Recover commitment fee on advances and commission on Letters of Guarantee and bonds
- Monitoring overdrawn daily positions- calling for regularization of TOD, excesses over the overdraft limit
and overdraft balances in savings accounts - Ensure prompt loan repayments and chasing for repayment of liabilities on problematic accounts
- Recovery of overdue loans and overdrafts
- Balancing of Suspense Accounts- Suspended Interest, Local Guarantees etc., against the respective GL
accounts - Provide and obtain Banker’s reports as necessary
- Attend to renewal of insurance of insurance policies for properties, motor vehicles, machinery, equipment
etc falling under debenture / Chattels Mortgage / Legal Mortgage - Preparation of Management Recovery Reports
- Maintenance of Facility Register and keeping it up to date at all times
- Attend to external auditors queries relating to lending generally
- Management of Security Documents held by the bank and, highlight anomalies and follow up for
rectification - Updating and maintaining Security Registers
- Custody and maintenance of Security Documents Dockets
- Issue of Letters of Guarantee and maintenance of Guarantee Register
- Raising Entries generally – Commitment Fee, Guarantee Liability and Commission etc.
- Preparing relevant reports for Head of Treasury and Central Bank of Kenya
- Any other duties that may be assigned by management from time to time
Qualifications:
Degree in Finance, Economics or Business Management, CPA K
2-3 years’ experience working in a commercial bank
Self-driven with good organization skills
Solid analytical skills, problem-solving, and decision-making skills
Goal-oriented, reliable, flexible, and confident
High levels of honesty, discretion, and integrity
Good interpersonal and communication skills
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