Sidian Bank Senior Manager – Credit Risk Management Jobs in Kenya
Sidian Bank Senior Manager – Credit Risk Management Jobs in Kenya
Job Purpose
Key Responsibilities and Activities
Securities Quality Assurance & Administration
• Allocate branch work to all Credit Administration Officer and communicate any changes to the branches in a timely manner.
• Oversee the preparation of Letter of Offer for the banks approved facilities and participate in ensuring the LOOs meet minimum quality and legal standards.
• Ensure quality of credit documentation for all credit facilities in line with the approved credit application, credit policies and procedures, prudential guidelines and other relevant legislation.
• Validate documentation requirements for various lending products as per Credit proposal and approval conditions and provide sign off for disbursement.
• Coordinate liaison with external valuers and lawyers to facilitate timely and accurate valuation and charging of properties held or to be taken as security. Handle any exceptions arising from the process.
• Monitor management of diaries and updating of securities renewable securities i.e. guarantees and indemnities, valuation reports, insurance policies, land rent & rates, set-offs.
Custodianship
• Ensure safe custody of all securities documentation in the designated holding areas/strong rooms.
• Ensure adherence to dual control system in accessing the securities vault and other holding areas.
• Monitor movement of securities and authorize release of any securities after approval as per procedure.
• Ensure regular review and reconciliation of securities documentation during facility annual and other reviews.
Compliance & Policy Implementation
• Track annual review of facilities and other documentation requiring periodic review including insurance, land rates etc.
• Ensure compliance with internal policies and procedures relating to lending and other areas that touch on day to day operations.
• Coordinate all audit processes and respond to all audit issue to ensure the department achieves a satisfactory rating both in internal and external audits.
Customer Service
• Respond to all queries relating to clearance of facilities for drawdown and perfection of securities.
• Ensure prompt and precise response to customer queries via email and
• Act as liaison between Branches and other Business Teams and Credit Administration Officer to ensure seamless flow of transactions.
Compliance & Policy Implementation
• Ensure compliance with internal policies and procedures relating to lending and other areas that touch on day to day operations.
• Actively participate in all audit processes and ensure the department achieves a satisfactory rating both in internal and external audits.
• Champion enterprise risk management for credit department and ensure a good control environment is maintained.
Staff Management
• Developing and discussing individual performance objectives and set targets for the team.
• Continuous review of performance and offering feedback on a constant basis.
• Develop staff technical capacity by training internally, on the job as well as organizing external training.
• Ensure proper leave management and job rotation.
Decision Making Authority
• Approval of day to day credit administration transaction as per limits delegated from time to time.
Skills & Competencies
• Knowledge in legislation relating to perfection of securities and requirements by regulating bodies
• Knowledge of Loan Documentation is the most important component of this role, so a deep understanding of facility letters and security documents as well as security documents is mandatory.
• Sold Excel skills
• Knowledge of the Bank’s credit policies and procedures
• Excellent planning and organizing skills to manage workload and assignment of tasks to team members ensuring excellent service and TAT are met.
Professional Certification Required
• Professional Banking qualification (ACIB) or Credit Administration
Academic Background
• Master’s degree preferred
• University degree with minimum of Second-Class Honors, Upper Division
Work Experience
• 5 years’ experience in advances securities, lending, credit administration, debt management or any other area that involves critical use of analytical skills.
How to Apply
Soft copy applications only
• Indicate the position in the subject bar
• Application to be sent to:
Apply by: 24th Aug, 2020
Find jobs in Kenya. Jobs - Kenya jobs. Search our career portal & find the latest Kenyan job positions, career opportunities & jobs in Kenya.
Jobs in Kenya - banking jobs, IT jobs, accounting jobs, NGO jobs, business administration, ICT, UN jobs, procurement jobs, education jobs, hospital jobs, human resources jobs, engineering, teaching jobs, and other careers in Kenya.
Find your dream job from 1000s of vacancies in Kenya posted and updated daily - click here!
Army Jobs - Navy Jobs - Military Jobs
Scholarship 2024/25
Current Scholarships 2024/2025 - Fully Funded
Full Undergraduate Scholarships 2024/2025
Fully Funded Masters Scholarships 2024/25
PhD Scholarships for International Students - Fully Funded!
Funding Opportunities for Journalists 2024/2025
Funding for Entrepreneurs 2024/2025
Scholarship 2024/25
Current Scholarships 2024/2025 - Fully Funded
Full Undergraduate Scholarships 2024 - 2025
Fully Funded Masters Scholarships 2024 - 25
PhD Scholarships for International Students - Fully Funded!
Funding Opportunities for Journalists 2024/2025
Funding for Entrepreneurs 2024/2025
***