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PROFILE INTRODUCTION        

Our client, one of the niche banks in Kenya that offers a wide range of finance products, seeks to bring on-board a highly skilled and motivated Head of Credit. The ideal candidate should have a proven track record in credit management, a deep understanding of risk assessment, and a strategic mindset.
The role holder will be responsible for shaping the bank’s lending strategies, ensuring the prudent management of credit portfolios, and contributing to the bank’s growth and success.

DUTIES AND RESPONSIBILITIES      

• Develop and execute the bank’s credit strategy, aligning it with the institution’s overall goals and risk appetite.
• Oversee credit risk assessment and management, ensuring that lending decisions are made in line with established policies and risk parameters.
• Manage and optimize the bank’s credit portfolio, diversifying exposures and monitoring asset quality.
• Lead a team of credit analysts in conducting comprehensive credit analysis for potential borrowers across various segments.
• Review and update credit policies and procedures, ensuring compliance with regulatory requirements and industry best practices.
• Make informed credit decisions, approving or declining credit applications while adhering to internal policies and regulatory guidelines.
• Oversee the ongoing monitoring of the organization’s credit portfolio to assess the creditworthiness of borrowers and maintain accurate up-to-date credit documentation for all transactions and clients.
• Build and maintain relationships with key clients, ensuring excellent service delivery and client satisfaction.
• Ensure that all credit operations and practices comply with applicable banking laws and regulations.
• Prepare and present regular reports to senior management and the board of directors on credit portfolio performance and risk exposure.

QUALIFICATIONS AND EXPERIENCE:

The job holder will require the following minimum requirements: – 

• Bachelor’s degree in Finance, Accounting, or a related field
• CPA K and/ or ACCA membership.
• Experience in Analysis, Credit Administration, Legal documentation, and expertise in trade Finance
• Minimum ten [10] years of experience in credit management within a banking or financial institution, with a proven track record of success.
• Strong understanding of credit risk assessment, credit analysis, and portfolio management.
• Knowledge of regulatory requirements governing credit operations in the banking industry.

KEY SKILLS AND COMPETENCIES

• Exceptional leadership and team management skills.
• Outstanding decision-making abilities, with a keen eye for analytics and risk assessment.
• Proficiency in financial analysis and modelling.
• High energy, drive and sound integrity.
• Strong organizational skills with meticulous attention to detail.
• Ability to collaborate effectively with cross-functional teams
• Results-driven mindset with a commitment to meeting targets and deadlines.
• Problem Resolution and Recovery