HEAD OF CREDIT

Our client, a regional micro-finance institution seeks a well qualified,ambitious and aggressive person to fill the above position.


REPORTS TO: CHIEF EXECUTIVE OFFICER

JOB PURPOSE/KEY FUNCTIONAL OUTPUTS:

This newly created position in an ambitious high-growth Group of

companies’ forms part of the executive leadership team in Eastern Africa

and is responsible for the implementation of credit risk assessment

methodologies and managing the company’s credit risk strategy.

The incumbent will support the executive leadership team in providing a

comprehensive credit management service and decision-making tools

throughout the Eastern Africa region. The successful incumbent will report

to the Chief Executive Officer and will ultimately be based in Nairobi,

The incumbent will participate as a member in the company’s executive

management committee.

The Head of Credit will be responsible for:

• Overall strategic and operational credit risk management in the company

and supporting

the executive team in formulating strategic and operational credit risk

decisions;

• Developing the company’s credit risk strategy in accordance with the

Group’s credit risk

strategy and policy;

• Developing an effective operating platform for credit assessment and

monitoring;

• Implementation of credit risk assessment methodologies, including credit

scoring models

and credit vetting criteria and processes and maintaining custodianship of

all credit related

data;

• Evaluating the actual performance of credit granted against expected

performance and

taking appropriate corrective action to minimize business risk;

• Monitoring of trends and forecasts in the macro-economic environment and

the credit

industry in which the company operates and proactively implementing

strategies to

minimize credit risk;

• Implementing pricing tools to manage product profitability, forecasting

and stress testing

and monitor product performance;

• Establishing and implementing pricing structures for new products and

reviewing and

monitoring established pricing guidelines;

• Facilitating credit risk operations, product testing and deployment and

ensuring that

business rules and products are compliant with approved credit policy;

• Executing portfolio stress testing;

• Translating credit data into value add management information at a

strategic level and

reporting to the executive committee and the Board the performance of the

company’s

credit portfolio;

• Facilitating and overseeing credit scoring and analytics and

implementing credit risk

scorecards in the company;

• Managing external stakeholder relations, including strategic relations

with credit bureaus

and credit risk service providers;

• Establishing consultative forums with internal stakeholders to obtain

input and address

operational credit risk strategy, product performance, business rules,pilot projects and new products;

• Providing functional leadership to the credit team and develop internal

credit risk competencies and capacity.


MINIMUM REQUIRED QUALIFICATION / EXPERIENCE

• A degree in statistics, commerce, accounting or equivalent qualification.

• A post-graduate qualification and registration with a professional

institution relating to credit risk or registration as a chartered

accountant or equivalent professional registration.

• Positive track record of at least 8 years senior level credit risk

management experience in a financial services or a banking environment.

• Expertise in in Microsoft Excel (Advanced proficiency level).

• Working experience in Microsoft SQL Server applications will be

advantageous.

• Proven track record of project management experience at a senior level

will be advantageous.

• Knowledge of Corporate Governance and Risk Management will be advantageous.

• Willingness to regularly travel to Southern Africa and Eastern Africa to

visit operations.

• Kenya citizenship or the ability to obtain a working permit for Kenya.

Holding an Eastern

African passport will be advantageous.


BEHAVIORAL DIMENSIONS/COMPETENCIES

• Sound business acumen

• Strategic thinking

• Self-starter / results orientated

• Analytical / statistical abilities

• Communication skills

• Change leadership ability

• Strong planning and organizing and project management ability

• Innovative / creative thinking

REMUNERATION

An attractive remuneration package commensurate with the level of

appointment and the

experience of the successful candidate will be offered.

If you meet the above minimum requirements, kindly send us your

application letter, cv including your present and expected salary to

Frank Management Consult Ltd,

Nyaku House,1st Floor, Argwings Kodhek Road

Emails: frankmconsult@yahoo.com/jobsfmc@yahoo.com