he Co-operative Bank of Kenya Limited is incorporated in Kenya under the Company Act and is also licensed to do the business of banking under the Banking Act. The Bank was initially registered under the Co-operative Societies Act at the point of founding in 1965. This status was retained up to and until June 27th 2008 when the Banks Special General Meeting
The Role
Specifically, the successful jobholder will be required to:
- Provide oversight of all analysis and approval of credit proposals from all Lending Units, Treasury, and any other department/unit that will expose the Bank to credit risk in its daily activities as well as oversee the review of Bank, Insurance companies and other treasury limits annually when required.
- Ensure that all appraisal decisions meet the agreed SLA and quality standards and escalate any adverse observations to the Director-CMD
- Ensure compliance to Bank Loan policies, lending guidelines and Government regulations in collaboration with the lending units and other departments within CMD as well as coordinate the Environment and Social risk management, policy implementation, reporting and capacity building.
- Work closely with the Director – CMD to maintain appropriate credit risk management culture
- Attend all credit committee meetings as scheduled or agreed and provide timely and organized responses to internal customer proposals and escalate any complex internal customer issues to the Director – CMD and other relevant authorities accordingly.
- Manage all staff of the department and ensure they are adequately resourced and well-skilled to perform their roles.
- Maintain and develop professional and technical knowledge by attending and contributing to training programs, educational workshops, reviewing professional publications, establishing personal networks and participating in professional structures & studies.
Desired Skills and Experience
- A Bachelor’s degree in a Business-related field from a recognized university with a Certification in Credit management or Analysis.
- At least 7 years’ experience in Credit Analysis 5 of which must be in a Senior/Management role within Corporate Credit Risk Analysis.
- Good knowledge of the Banking Act, Bank Operating procedures as well as business trends and thorough knowledge of CBK Lending guidelines
- Excellent Communication, Presentation and report writing skills
- Excellent Credit Risk underwriting, Complex Credit structures, Financial Institution Risk analytics skills and Treasury Credit solutions.
- Superior leadership, management and co-ordination skills with the ability to influence positively and engage direct and indirect reports and peers.
- Customer focused & results oriented.
